Agent Briefing: From Farrer Park to the Greater Southern Waterfront—Hotspots You Can’t Ignore
The Urban Redevelopment Authority (URA) has launched three prime residential GLS sites under the 1H 2025 programme:
- Dorset Road – 425 units
- Upper Thomson (Parcel A) – 595 units
- Telok Blangah Road – 745 units
These opportunities mark strategic shifts across distinct neighbourhoods—from Farrer Park and Upper Thomson to the rapidly transforming Southern Waterfront.
Table of Contents
Upper Thomson Road (Parcel A)
The previous tender in June 2024 received no bids, largely due to its requirement for serviced apartments—a first in suburban GLS plots.
Developers are now required to allocate 1,500–2,000 sqm for commercial uses (e.g., supermarket, F&B) and 1,000 sqm for a childcare centre.
Pricing Outlook: Comparable nearby sites—Pure residential Parcel B—won around $905 psf ppr, with Lentor Central at $920 psf ppr. Analysts expect this site’s bids to remain below $1,000 psf ppr, with launch prices targeting ~$2,222 psf.
Dorset Road (Farrer Park Fringe)
Nestled between Dorset and Starlight Roads, close to Farrer Park MRT and Pek Kio Market—similarly positioned to Piccadilly Grand, which achieved 77% take-up at launch.
Experts anticipate 3–5 bidders, with top bids in the $1,000–1,100 psf ppr range
Pricing Outlook: Projects on this plot could launch around $2,300 psf.
Telok Blangah Road (Greater Southern Waterfront)
As the first GLS site in Greater Southern Waterfront and near Telok Blangah MRT/PSA Club, it’s destined to set the pace for future waterfront redevelopment
A nearby Faber Walk site closed at approximately $900 psf ppr; this plot is expected to rise to $1,100–1,200 psf ppr, drawing 4–6 bidders.
Pricing Outlook: Prices are likely to launch at $2,500–2,600 psf, reflecting its prime waterfront positioning.
What Agents Need to Do
Leverage Resale Momentum: GLS launches raise interest in surrounding resale units—time your listings around tender closings:
- Dorset: Oct 9, 2025
- Upper Thomson: Oct 23, 2025
- Telok Blangah: Nov 4, 2025
Target the 3–4 Year Holders: Owners who purchased 3–4 years ago have likely built equity—they may be ready to trade up before hitting the 10-year threshold.
Showcase Upgrade Benefits: Emphasise the appeal of newer projects and emerging locations—especially for those looking ahead beyond 10 years, when appreciation slows.
Summary Snapshot
| Site Location | Estimated Units | Land Bid Range | Launch PSF Est. |
| Dorset Road | ~425 | $1,000–$1,100 psf ppr | ~$2,300 psf |
| Upper Thomson (Parcel A) | ~595 | < $1,000 psf ppr | ~$2,222 psf |
| Telok Blangah Road | ~745 | $1,100–$1,200 psf ppr | $2,500–$2,600 psf |
