URA Launches GLS Sites at Marina Gardens Lane and Orchard Boulevard: 500 New Homes for Singapore’s 2H 2026 Land Programme

URA Launches GLS Sites at Marina Gardens Lane and Orchard Boulevard: 500 New Homes for Singapore’s 2H 2026 Land Programme

Quick Answer: URA GLS Marina Gardens Lane and Orchard Boulevard — 6 Key Facts

  • The Urban Redevelopment Authority (URA) released two residential GLS sites on 13 August 2026 under the 2H 2026 Government Land Sales Programme.
  • Marina Gardens Lane (near Marina South MRT, Thomson-East Coast Line): ~390 residential units; tender closes 15 October 2026.
  • Orchard Boulevard (near Orchard Boulevard MRT, TEL): ~110 residential units; tender closes 29 October 2026.
  • Both sites form part of the 2H 2026 Confirmed List, which totals 4,745 residential units — more than 50% above the 10-year annual average Confirmed List supply.
  • Marina South is a planned car-lite, waterfront residential precinct that URA has been developing progressively since the early 2020s.
  • Orchard Boulevard offers rare prime District 10 (CCR) land in a location that has seen very limited new private supply in recent years.

Two Prime Sites Released Under Singapore’s 2H 2026 GLS Programme

The Urban Redevelopment Authority (URA) today released two residential land parcels for sale under the Confirmed List of the second-half 2026 Government Land Sales (GLS) Programme. The sites — at Marina Gardens Lane and Orchard Boulevard — are among the most closely watched land parcels in the 2H 2026 programme, given their locations in two distinctly different but equally sought-after precincts of Singapore.

The GLS programme is the Singapore government’s primary mechanism for releasing state land for private residential and commercial development. Sites on the Confirmed List are launched regardless of market demand signals; the Reserve List operates on application. Today’s release expands the already large 2H 2026 Confirmed List — one that URA has deliberately sized at well above historical norms to address the persistent supply-demand imbalance in Singapore’s private residential market.

I. Marina Gardens Lane: Marina South’s Next Chapter

The Marina Gardens Lane site is located in Marina South, a waterfront precinct that URA has been developing as Singapore’s newest large-scale residential neighbourhood. The area is positioned along the Greater Southern Waterfront, adjacent to Marina Bay, and is designed as a car-lite community with high-quality public transport connectivity via the Thomson-East Coast Line (TEL) at Marina South MRT station.

The Marina Gardens Lane site can potentially yield approximately 390 residential units. The tender closes at noon on 15 October 2026. This is consistent with previous Marina South GLS releases — the area has seen multiple sites released since 2021, and the emerging neighbourhood is beginning to take shape with the first residential towers under construction.

Marina South’s appeal to developers lies in several factors. It offers large, contiguous land parcels of a size that is extremely difficult to assemble through en bloc collective sales in the established private market. It has direct MRT connectivity. And it benefits from URA’s planning vision for the precinct — a walkable, green, waterfront residential community with proximity to Marina Bay’s business, lifestyle, and entertainment hub. Industry data suggests Marina South launches in the surrounding area have attracted significant buyer interest, particularly from upgraders and investors who see the long-term development trajectory of the precinct.

II. Orchard Boulevard: Rare Prime CCR Supply

The Orchard Boulevard site is located in District 10, one of Singapore’s most prestigious residential addresses. At approximately 110 units, it is a significantly smaller site than Marina Gardens Lane — reflecting both the limited scale of developable land in this part of the Core Central Region (CCR) and the very high land values that make large sites financially prohibitive.

The Orchard Boulevard site is near the Orchard Boulevard MRT station on the Thomson-East Coast Line, providing direct connectivity along the TEL corridor from Woodlands to the East Coast. New private residential supply in District 10 has been extremely limited over the past several years — the combination of high land costs, few available sites, and the long development timeline means that buyers seeking brand-new freehold or 99-year leasehold private apartments in this part of Singapore have had very few options. The tender for this site closes at noon on 29 October 2026.

Note on scale: With only ~110 potential units, the Orchard Boulevard site is likely to attract developers aiming at the luxury or ultra-luxury CCR buyer segment. Unit sizes are typically larger in CCR developments — this site may yield fewer than 110 units if the developer opts for larger floor plates, or could push to maximum plot ratio to maximise saleable area.

III. The Bigger Picture — 2H 2026 GLS Supply in Context

Both sites are part of the URA’s 2H 2026 GLS Confirmed List, which was announced earlier this year and totals 4,745 residential units across all confirmed sites for the second half of 2026. To put this figure in context:

URA 2H2026 GLS Confirmed List 4745 units supply comparison Singapore 2026 bar chart
Figure 1: 2H 2026 GLS Confirmed List at 4,745 Units — More Than 50% Above the 10-Year Average Half-Yearly Confirmed List Supply. Source: URA GLS Programme, URA press release pr26-62 (13 August 2026)
GLS Period Confirmed List Units Vs 10-Yr Avg (half-yr)
10-Year Average (annual) — approx. ~6,000 per year (~3,000 per half) Baseline
1H 2026 Confirmed List ~3,505 units +17% vs half-yr avg
2H 2026 Confirmed List 4,745 units +58% vs half-yr avg

The 2H 2026 Confirmed List represents a deliberate policy decision by the Singapore government to front-load supply into the market at a time when private residential prices have continued to rise despite multiple rounds of ABSD adjustments. The view from URA is that the medium-term supply pipeline — comprising GLS sites, en bloc redevelopments, and executive condominium launches — must be sufficiently deep to moderate price growth and maintain housing affordability, particularly for Singaporean upgraders who face the 20% ABSD rate on their second purchase.

A larger GLS pipeline has two effects on the broader market. First, it increases future supply, which in time translates to more completed units available for buyers. Second, it gives developers alternatives to en bloc bids — with more GLS land available, developers are less compelled to pay high premiums for collective sale sites in the secondary market. Industry analysts suggest this is one reason the en bloc market has been comparatively muted in 2H 2026, even as individual sites like City Plaza (S$970M, 13 August tender) have attracted interest.

IV. What This Means for Buyers, Sellers and Investors

For buyers considering new launch properties in Marina South or the Orchard Boulevard corridor, the release of these sites signals that new developments are in the pipeline, but completion will be 3–5 years away from tender close. Buyers who need to transact now should look at existing new launches in adjacent areas (TEL-connected precincts, Marina Bay fringe) rather than waiting for these specific sites to be marketed.

For sellers of existing private residential properties in Marina South or District 10, a larger GLS pipeline may apply some price discipline to new launches (as developers face higher land costs from competitive bidding for GLS sites alongside a larger total supply). However, resale properties in established prime districts with immediate availability and leasehold tenure clarity continue to command buyer attention from owner-occupiers.

For en bloc owners in nearby precincts, the point made above is relevant: a more active GLS programme reduces developer urgency to acquire en bloc sites at significant premiums. Developments pursuing collective sales in Marina-adjacent or Orchard-adjacent locations may find that their expected premiums are moderated as developers weigh GLS alternatives.

V. What Might Come Next

The next GLS tender deadlines — 15 October 2026 for Marina Gardens Lane and 29 October 2026 for Orchard Boulevard — will be followed by a period of evaluation by URA. Developers typically submit a single sealed bid at tender close, and URA evaluates bids on the basis of price (highest acceptable bid) and development quality criteria (for some sites with specific design requirements). Results for both sites can be expected approximately 4–8 weeks after tender close.

Following any award, the developer typically has 5 years from the date of award to complete the development (with possible extensions). Given the 2026 award timeline, residents could expect new completions from these sites as early as 2030–2031, adding to Singapore’s private residential inventory in that period.

Frequently Asked Questions: URA GLS Sites 2026

What is the Government Land Sales (GLS) programme?

The Government Land Sales programme is administered by URA (for residential and commercial sites) and JTC (for industrial sites). Under the GLS, the government releases state-owned land for private development through competitive tender. The Confirmed List comprises sites that will be launched regardless of market demand; the Reserve List comprises sites that are only launched if a developer applies and the government accepts the proposed price. The GLS programme is the primary mechanism by which Singapore regulates the supply of private residential land and ensures that housing supply keeps broadly pace with demand.

What is Marina South and why is it significant?

Marina South is a planned residential and mixed-use precinct at the southern tip of the Marina Bay area, adjacent to the Gardens by the Bay waterfront. URA has designated it as a car-lite neighbourhood, meaning it is designed with high-quality public transport connections (Marina South MRT on the TEL), cycling infrastructure, and minimal surface car parking. It is part of the broader Greater Southern Waterfront transformation that will eventually link Tanjong Pagar, Keppel, Sentosa, and Marina Bay into a continuous waterfront live-work-play corridor. The Marina Gardens Lane site released today is one of several GLS sites URA has progressively released in the precinct since 2021 to build up the neighbourhood’s residential population.

When will the new developments on these sites be ready for buyers?

Developers who win the tender typically have 5 years from the award date to obtain Temporary Occupation Permit (TOP). With tender closes in October 2026 and a typical development timeline of 3–5 years post-award, buyers could expect TOP for these developments as early as 2030 and as late as 2031–2032. New launch marketing (sales prior to construction completion) would typically begin 6–18 months after the award, subject to the developer’s marketing strategy and the prevailing market conditions at that time.

Does a higher GLS supply mean property prices will fall?

Not necessarily, and not immediately. New GLS supply does not translate into completed units for 3–5 years. In the near term, a larger pipeline signals future supply additions, which can moderate buyer expectations of price appreciation and give buyers and sellers more negotiating latitude. Over the medium term, if completed supply outpaces demand growth, prices in certain segments may experience softer growth or modest corrections. However, Singapore’s property market is also supported by population growth, strong GDP, continued expatriate demand, and limited land — structural factors that underpin long-term demand. URA’s GLS calibration is designed to moderate prices, not engineer sharp falls.

Are these sites freehold or leasehold?

GLS sites released by the Singapore government are almost always on 99-year leasehold tenure, as the government retains underlying ownership of state land. Freehold land in Singapore predominantly comprises private land that has been in private ownership since colonial times or was converted. The Marina Gardens Lane and Orchard Boulevard sites released today are expected to be 99-year leasehold — the full terms and conditions are available in the eDeveloper’s Packet sold through URA’s One-Stop Developer Portal at digitalservice.ura.gov.sg.

Disclaimer: This article is for general information only and is based on publicly available information from URA press release pr26-62 dated 13 August 2026. Development unit counts, tender timelines, and site details are subject to change. Pricing and development outcomes will depend on competitive bidding and subsequent developer decisions. This article does not constitute financial or property investment advice. For official GLS site information, visit URA Land Sales (ura.gov.sg). For official property statistics, refer to URA Property Data.

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Wing Tai-Metro JV Wins Dunearn Road GLS at S$533M — S$1,625 psf ppr Sets New D11 Benchmark

Wing Tai-Metro JV Wins Dunearn Road GLS at S$533M — S$1,625 psf ppr Sets New D11 Benchmark

The Dunearn Road Government Land Sales (GLS) tender closed on 28 April 2026 with the Wing Tai Holdings and Metro Holdings joint venture submitting the top bid of S$533 million — equivalent to S$1,625 per square foot per plot ratio (psf ppr). Six developer bids contested the site, signalling sustained appetite for prime District 11 freehold-equivalent precincts despite the wider market’s cautious tone.

The result extends the steady price discovery in Bukit Timah Turf City — a precinct URA has signalled as a long-term residential growth area, anchored by Sixth Avenue MRT, the Bukit Timah Nature Reserve, and the Bukit Timah Plaza retail district. For buyers tracking the next CCR new launch, this tender frames the indicative pricing band for what is likely to launch in late 2027.

Quick Answer — Dunearn Road GLS at a glance

  • Tender closed: 28 April 2026
  • Top bid: S$533 million by Wing Tai Holdings + Metro Holdings JV
  • Land rate: S$1,625 psf ppr
  • Number of bids: 6 — strongest contest in the precinct so far
  • Site size: 19,042 sqm; ~330 residential units + 1,400 sqm commercial
  • Tenure: 99-year leasehold
  • Implied breakeven: ~S$2,650 psf; indicative launch psf above S$3,000
  • Expected launch: late 2027, subject to URA approval

What Happened — A Six-Bid Contest in District 11

URA released the Dunearn Road site on the 1H 2026 GLS Confirmed List in December 2025, with the tender closing on 28 April 2026. The site sits within the Bukit Timah Turf City precinct — a long-tail residential growth area that the Master Plan rezoned from racing-club use to mixed residential several years ago.

Six developer groups bid for the parcel. The Wing Tai Holdings and Metro Holdings joint venture — bidding through Winrich Investment Pte Ltd and Metrobilt Construction Pte Ltd — clinched the site with a S$533 million top bid, equivalent to S$1,625 psf ppr on the maximum allowable gross floor area. The runner-up bid is understood to have come within roughly 6% of the top, indicating a tightly contested tender rather than a one-developer outlier.

Dunearn Road GLS Singapore 2026 — S$533M top bid Wing Tai Metro JV, 6 bidders, 19042 sqm site, 330 residential units
Figure 1: Dunearn Road GLS — the closing fact panel.

How the Land Rate Compares

The S$1,625 psf ppr land rate sits right at the top of the recent Bukit Timah / D10–D11 GLS comparable set, narrowly above the S$1,610 psf ppr that Dunearn Road Parcel A cleared in March 2025. Both Dunearn Road parcels now anchor the precinct’s pricing.

Bukit Timah D10 D11 GLS tender psf comparison 2024-2026 — Holland Drive S$1218, Pine Grove S$1318, Dunearn Parcel A S$1610, Parcel B S$1625
Figure 2: Recent Bukit Timah / D10–D11 GLS tender outcomes — Dunearn Road Parcel B at the top.
Metric Reading What it means
6 bids on a CCR site Strong contest Refutes the “CCR is dead” narrative; ABSD-resilient buyer pool still exists for prime D11
S$1,625 psf ppr Top of band Sets the new floor for D11 precinct land rates; future tenders likely to anchor here
~330 units Mid-sized Manageable absorption profile; not a 1,000-unit mega-launch
Implied breakeven ~S$2,650 psf Premium pricing Launch psf above S$3,000 likely needed for healthy developer margins
99-year tenure Standard No freehold premium baked in — Bala’s Curve applies in the long run

Why District 11 Is Pulling Bids

The Dunearn Road tender outcome cuts against the broader CCR softness narrative in three ways:

  1. Bukit Timah Turf City master plan upside. URA has flagged the precinct as a major long-term residential growth area, with planned road and MRT enhancements funnelling traffic away from the existing Bukit Timah Road bottleneck. Future-precinct optionality — in particular the eventual mixed-use redevelopment of the surrounding Bukit Timah Plaza area — gives the Dunearn Road parcels a longer-tail upside than a typical CCR infill site.
  2. Sixth Avenue MRT proximity. The site sits within walking distance of Sixth Avenue MRT (Downtown Line). The recent re-rating of MRT-adjacent properties post-Cross Island Line announcement has lifted the implicit transit premium for sites in the Bukit Timah corridor.
  3. School catchment. The site falls within the catchment of several top primary schools — the perennial demand engine for District 11 family buyers, where ABSD is largely an irrelevance because the buyers are SC families on first-home purchases.

Indicative Launch Pricing — A Worked Example

Working backwards from the S$1,625 psf ppr land rate, industry figures typically estimate breakeven and indicative launch psf as follows. Worked Example: a developer paying S$1,625 psf for the land typically adds construction (~S$520–600 psf), professional fees and finance costs (~S$120–160 psf), and a margin and contingency layer (~S$280–320 psf), bringing all-in breakeven to roughly S$2,545–2,705 psf. Adding a healthy launch margin pushes indicative launch psf into the S$3,000–3,300 band. That places the new launch in the same general band as recent CCR new launches like 19 Nassim and the upper end of Watten Estate redevelopments.

Cost Component Indicative psf (S$)
Land cost 1,625
Construction 560
Professional fees + finance 140
Margin + contingency 300
Indicative breakeven ~2,625
Launch margin ~400
Indicative launch psf ~3,025

Per-unit prices for typical 3-bedroom (~1,000 sqft) units would therefore range S$3.0–3.3 million at launch. For 2-bedroom units (~700 sqft) a launch range of S$2.1–2.3 million is plausible. The actual pricing will depend on launch-window comparables, prevailing financing rates, and any cooling-measures recalibration in the meantime.

What It Means for Buyers and Investors

For owner-occupiers in the District 11 catchment:

  • Existing comparable resale stock in Bukit Timah Estate (e.g. Trevista, Cluny Park, Eng Neo Avenue) becomes a reference for upgrader value. Resale at S$2,400–2,600 psf for relatively new freehold stock starts looking competitive against an S$3,000+ psf new-launch.
  • The 99-year tenure is a structural disadvantage relative to the freehold stock surrounding it. See our Freehold vs 99-Year Leasehold guide for the holding-period maths.

For investors:

  • The implied breakeven sits well above the rental-yield supportable level. Net yields at S$3,000+ psf launch in District 11 typically come in at 2.0–2.5% — a yield-vs-capital-appreciation trade-off the buyer must accept upfront.
  • For ABSD-resilient buyers (SCs on first home, FTA-exempted nationals), the entry calculus is dominated by capital appreciation expectations. For ABSD-paying buyers (foreigners at 60%, entities at 65%), the entry math is far harder.

What Comes Next

The 1H 2026 GLS programme has several more tenders ahead. The Holland Plain site closes on 7 May 2026 — another D10 / Bukit Timah-adjacent parcel that will set the next price benchmark. Beyond that, the remaining 1H 2026 sites include Bayshore Drive (a major mixed-use parcel closing 15 July 2026) and EC sites at Sembawang Drive and Canberra Drive that will affect the EC pipeline rather than the prime CCR narrative.

For Dunearn Road Parcel B specifically, the next milestones are the developer’s formal site mobilisation, the URA development application, and the pre-launch marketing window — all typically running 12–18 months from tender award. A late-2027 launch window is the practical expectation.

Frequently Asked Questions

When will the Dunearn Road condo launch?

Likely late 2027. Tender awards typically take 12–18 months to translate into a formal launch, depending on URA development-application turnaround, design finalisation, and pre-launch marketing setup. Earlier launches are possible if the developer fast-tracks the design, but the late-2027 to early-2028 window is the realistic baseline.

What is the expected launch psf for Dunearn Road?

Working from the S$1,625 psf ppr land rate, indicative breakeven is S$2,500–2,700 psf and an indicative launch range of S$3,000–3,300 psf is plausible. Final pricing will reflect launch-window comparables, financing rates, and any future cooling-measure recalibration.

Is the Dunearn Road site freehold or leasehold?

99-year leasehold — the standard tenure for Singapore GLS sites. The 99-year clock starts from issuance, typically 1–2 years before TOP. By the time buyers move in around 2030, the remaining lease will likely be 96–97 years.

How does this tender compare with the Tanjong Rhu GLS?

The Tanjong Rhu (River Modern) GLS site cleared at S$709 million in March 2025 — a larger project on a Riverfront RCR site. Dunearn Road Parcel B at S$533 million is a different scale and a different micro-market. Both are signals of sustained developer appetite for well-located GLS sites despite cooling-measure pressure.

What other 1H 2026 GLS tenders should I track?

Holland Plain (closing 7 May 2026) is the next D10-adjacent site. Bayshore Drive (closing 15 July 2026) is the major mixed-use parcel for the new Bayshore precinct. Sembawang Drive and Canberra Drive are EC sites that will affect the 2027–2028 EC pipeline. Each tender result becomes a fresh data point for pricing the surrounding resale and new-launch markets.

Are there alternatives in the same area for buyers who do not want to wait?

Existing freehold or 999-year leasehold stock in Bukit Timah Estate is the immediate resale alternative. Newer 99-year leasehold stock at Watten Estate, Sixth Avenue, and Coronation Road can be compared on a like-for-like psf basis. Pinetree Hill in the Pine Grove precinct remains the recent benchmark for Dunearn-adjacent leasehold new launches.

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Disclaimer: This article is for general information only and does not constitute legal, tax, or financial advice. Tender outcomes, launch pricing and indicative breakeven figures are based on publicly disclosed URA tender data and industry-standard estimation conventions. Always verify current GLS data with the URA Land Sales page and consult a licensed property professional or financial adviser before acting on any property purchase.

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