The Housing and Development Board has launched a public tender for an executive condominium site at Miltonia Close in Yishun. The site spans 15,451.2 square metres with a gross floor area of 43,264 square metres and an estimated yield of approximately 430 residential units.
The site forms part of the Government Land Sales programme for the second half of 2025. It stands among 10 confirmed list sites released during this period, with the tender closing date set for April 14, 2026.
The Miltonia Close tender closes April 14, 2026, as one of 10 confirmed sites in the H2 2025 Government Land Sales programme.
Industry analysts have projected expected bids ranging from S$650 to S$750 per square foot per plot ratio for the Miltonia Close parcel. The site is expected to draw three to six bidders in total.
The site holds particular significance as the first executive condominium development positioned adjacent to the future Orchid Country Club housing area, which is currently undergoing rezoning for residential purposes. This proximity to planned residential developments may contribute to increased housing demand within the Yishun precinct as the area continues its ongoing transformation. The Orchid Country Club lease is set to expire in 2030, after which the land will be converted for residential use.
The location presents both advantages and considerations for prospective developers. While the site offers a peaceful residential enclave setting surrounded by low-rise developments, its distance from Khatib MRT station represents a factor that may influence buyer interest. Given the fluctuating transaction volumes in real estate markets, diversification strategies across property segments and geographic locations can help developers and investors maintain portfolio resilience.
The surrounding area includes various neighbourhood amenities such as Darwin Traders, FairPrice Finest at Wisteria Mall, Giant Supermarket at Yishun 418, and FairPrice at Orchid Country Club.
The existing Miltonia Residences, a 99-year leasehold condominium completed in 2015 by Hoi Hup Sunway Miltonia Pte Ltd, provides context for the neighbourhood’s established residential character.
That development comprises 410 units across 5-storey buildings, with unit sizes ranging from 517 to 2,077 square feet and transacted prices between S$1,103 and S$1,507 per square foot. Facilities within the existing condominium include a swimming pool, gymnasium, and tennis courts.
The tender launch follows recent government land sales activity, including a tender at Telok Blangah that closed on November 4, 2025, which attracted three bids.
The Miltonia Close site represents continued government efforts to supply executive condominium options within Singapore’s residential property market, catering to eligible buyers seeking housing options that bridge public and private housing segments in an up-and-coming residential area.
