Raffles Town Club site slated for future residential use after lease expiry in 2026

Eugene Lim, primary executive officer at ERA Singapore, thinks that the site might be granted a higher plot ratio provided its area at the section of Whitley Road and Dunearn Road. “There is a probability of a higher plot ratio being simply permitted on the place, like 1.6 or 2.1, similar that a taller property development might be constructed there to act as a spots for the junction.”

Lee Sze Teck, top supervisor for information analytics at Huttons Asia, feels the plot, which is located throughout a reserved non commercial territory, will certainly be brought private housing. He forecasts the site might be referred a plot ratio of 1.4 offered its surrounding low-rise properties. To that level, it could potentially be turned into a luxury project with 160 to 190 units with a regular unit size ranging from 915 to 1,076 sq ft. If the spot launched for tender today, it might lure a winning proposal of over $1,500 psf per plot ratio, he assesses.

Hillhaven Sekisui House & Far East Organization

The lease contract on a plot of property in Bukit Timah at the moment occupied by Raffles Town Club (RTC) will most likely not be resumed as soon as it lapses on Oct 17, 2026. In a Nov 20 report, the Singapore Land Authority (SLA) and URA collectively released that the area is slated for future residential development.

In its claim, SLA and URA mention the redevelopment of the area for residence usage will “assist future real estate need and increase the residence style of the district”.

The location, which evaluates an estimated 132,639 sq ft, is located at 1 Plymouth Avenue in District 11. It is throughout walking proximity of the Stevens MRT Interchange. RTC will continue its operations at the area until the rent ends, whereupon it will be required to submit the land to the region.

The site lies barely a five-minute drive from the Singapore Botanic Gardens. It is even close to schools consisting of Singapore Chinese Girls’ School, Nanyang Primary School and St Joseph’s Institution.

error: Content is protected !!