Bedok Rise residential site to draw strong developer interest

The site is expected to attract up to seven bids.

The Urban Redevelopment Authority’s residential site at Bedok Ris, launched under the Confirmed List of the second-half 2025 Government Land Sales programme, is expected to draw five to seven bids as developers eye its rare doorstep access to Tanah Merah MRT station, proximity to schools and commercial amenities, and limited unsold stock in the area.

Wong Siew Ying, Head of Research and Content at PropNex, said the top bid for the site may range from $1,200 to $1,300 psf ppr.

The site’s location makes it particularly attractive to families and owner-occupiers.

“The last GLS site sold in the area was the Tanah Merah Kechil Link plot where Sceneca Residence and Sceneca Square sit,” Wong said.

The planned conversion of Tanah Merah into an interchange station linking the East-West Line to the Thomson-East Coast Line, and the connection to Changi Airport and the future Terminal 5, is also expected to boost the GLS site’s appeal amongst developers, she added.

Justin Quek, CEO of OrangeTee, pointed out that the site’s proximity to employment hubs such as Changi Airport and Changi Business Park may attract investors seeking rental income.

“Residents will be served by the shops at the upcoming commercial space in Sceneca Square, which is part of the mixed development Sceneca Residence,” Quek said.

The last nearby GLS site at Tanah Merah Kechil Link, awarded in November 2020 for $930 psf ppr, has since been developed into Sceneca Residence, which has limited remaining units. “15 bids were submitted for that land parcel, indicating strong interest.”

Limited unsold new homes in the Tanah Merah area are also likely to drive strong demand for new private homes, encouraging developers to bid for the land.

Quek noted that median prices for private non-landed homes in District 16 have risen by 45.3% from $1,126 psf in 2020 to $1,636 in the first eight months of 2025. “This may appeal to homebuyers looking for assets that have good growth potential.”

Mark Yip, CEO of Huttons Asia, added that the Bedok Rise site is the last land parcel with doorstep access to Tanah Merah MRT station.

With unsold units in the Outside Central Region (OCR) at around 2,000—the lowest amongst market segments—the site could attract developers seeking to replenish their landbank in the OCR.

“The latest interest rate cut by the US Federal Reserve will lead to lower borrowing rates in Singapore and improve affordability. Demand for new homes may rise, and this is positive for the property market,” Yip added.

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