Telok Blangah Road GLS

First condo to launch in the Greater Southern Waterfront

The Telok Blangah Road GLS site occupies a prime position at the heart of the Greater Southern Waterfront (GSW), making it a pivotal starting point for private housing within this transformative zone. Its location offers developers a rare early-mover advantage, as future launches in the area are expected to build upon the momentum this site sets. Homebuyers, too, are likely to view it as a gateway project into a new city-scale waterfront district.

Spanning 1.36 hectares (147,352 sqft), the 99-year leasehold site carries a gross plot ratio of 4.7, allowing a potential gross floor area (GFA) of about 692,555 sqft. The Telok Blangah Road condo plot could yield around 745 private homes.

Market watchers have estimated that the future Telok Blangah Road condo's average selling price could be above S$2,800 psf. Buying interest is likely supported by pent-up demand for new private homes in the locale, as the last major launches nearby — The Reef at King’s Dock in 2021 and Corals at Keppel Bay in 2013 — were several years apart.

Under the 1H2025 Confirmed List, the Telok Blangah Road land parcel was the first private residential plot launched on the former Keppel Club site, part of the larger Greater Southern Waterfront. The upcoming condo will be among the first few to shape the identity of this new waterfront city district, which is envisioned to deliver around 10,000 homes (both public and private) over the next decade.

Telok Blangah Road GLS tender result: S$1,326 psf ppr

The Government Land Sales (GLS) tender for the residential site at Telok Blangah Road closed on 4 November 2025 with three bids received, signalling measured but steady developer interest in one of Singapore’s most anticipated precincts. The Urban Redevelopment Authority (URA) has awarded the tender to the highest tenderer, Kingsford Huray Development Pte Ltd, on 20 November 2025.

Kingsford Group submitted the top bid of S$918.3 million, which works out to S$1,326 per square foot per plot ratio (psf ppr). This narrowly edged out the GuocoLand–Hong Leong Holdings consortium, which offered S$880 million (S$1,271 psf ppr). A third bid from Frasers Property, Metro Holdings, and Soilbuild Group Holdings came in at S$863.26 million, or S$1,246 psf ppr.

The tight margin between the top three bids — just 4.4% between Kingsford and the next highest offer, and 6.4% between first and third place — also suggests that developers share a common view of the site’s underlying value.

What to expect from the upcoming Telok Blangah condo

Accessibility is a key draw for the Telok Blangah Road site. It sits just a 5-minute walk from Telok Blangah MRT Station on the Circle Line (CCL), providing seamless connections to HarbourFront, one-north, Buona Vista, and the Central Business District.

Drivers will also benefit from direct access to the West Coast Highway and Ayer Rajah Expressway (AYE), which provide fast routes across the island. This future condo in the Greater Southern Waterfront precinct also connects easily to job hubs like Mapletree Business City, Pasir Panjang Distripark, and offices in HarbourFront.

Retail and lifestyle options are abundant. VivoCity and HarbourFront Centre, just one stop away by train, offer extensive shopping, dining, and entertainment choices. Within the neighbourhood itself, Telok Blangah Drive is home to a local market, supermarket, hawker centre, and essential amenities.

The location strikes a balance between city access and greenery, a rare mix in new land parcels. Mount Faber Park sits directly opposite the site, linking to the Southern Ridges, a 10km green corridor that connects Telok Blangah Hill Park, HortPark, and Kent Ridge Park. Future residents can even enjoy easy access to Henderson Waves, one of Singapore’s most iconic pedestrian bridges. This combination of urban convenience and green tranquillity gives the future project a distinct lifestyle edge rarely found in new city-fringe developments.

Over the next decade, the Greater Southern Waterfront is set to reshape Singapore’s urban landscape, extending the city centre from Marina Bay to Pasir Panjang. As the first private development to break ground in this big transformation, the Telok Blangah Road condo will likely enjoy sustained interest from both homebuyers and investors looking for growth potential.

Should you keep an eye out for this Telok Blangah new launch?

Market watchers expect upcoming private homes along Telok Blangah Road to attract a steady pool of upgraders from nearby mature estates such as Bukit Merah and Queenstown. Resale prices in these areas have climbed sharply over the past year. In 1Q 2025, average resale values for 5-room flats hit around S$1 million in Bukit Merah and about S$1.2 million in Queenstown. These price points matter. They show that many owners now hold significant housing equity, which puts them in a strong position to move into the private market if the right project comes along.

At the same time, the location places the new launch within easy reach of major employment hubs. Professionals working at Mapletree Business City, as well as those based around HarbourFront and Pasir Panjang, may see real value in living closer to work. Shorter commutes often translate into stronger rental demand too, which adds another layer of appeal for investors.

Beyond buyer profile and tenant pool, the wider precinct story also stands out. Plans that emphasise sustainability, walkability, and stronger transport links reflect how global cities now shape new districts. As waterfront promenades, community parks, and lifestyle spaces take shape, the area will likely feel more cohesive and vibrant. Over time, that live–work–play environment could support both capital appreciation and long-term residential demand.