A new executive condominium (EC) site, nestled in the mature residential enclave of Bukit Panjang, has been officially released for sale under the Government Land Sales program, marking the first EC land parcel in the area to be made available in over a decade.
The 10,159.2 square meter site at Senja Close comes with a 99-year leasehold tenure and a plot ratio of 3.0, allowing for a maximum gross floor area of 30,477.6 square meters and potentially yielding approximately 295 residential units.
The site, released under the Reserve List mechanism, requires interested developers to submit applications that meet the government-established minimum price threshold to trigger a public tender. Market analysts anticipate significant developer interest, given the site’s strategic location and the pent-up demand for executive condominiums in the Bukit Panjang district, where the last EC development, Blossom Residences, obtained its Temporary Occupation Permit in 2014.
This Reserve List site is poised to attract strong developer interest after a decade-long absence of new ECs in Bukit Panjang.
Proximity to transportation networks represents a major selling point for this development, with Jelapang LRT station situated within 500 meters and just two stops from Bukit Panjang MRT station and its integrated transport hub. Future residents will benefit from convenient access to both the Kranji Expressway and Bukit Timah Expressway, with connectivity expected to further improve with the completion of the Jurong Region Line.
The development’s attractiveness is further enhanced by its proximity to retail amenities including Bukit Panjang Plaza, Hillion Mall, and Junction 10, alongside recreational facilities such as Bukit Panjang Community Club and Bukit Panjang Park. The area’s appeal is strengthened by its abundance of green spaces that provide residents with a refreshing escape from urban living.
Educational institutions, including CHIJ Our Lady Queen of Peace, are also within close range, making the site particularly appealing to young families and first-time homebuyers. The development will include a minimum 500m² dedicated to an Early Childhood Development Centre, further enhancing its appeal to families with young children.
Industry experts project a launch price ranging between $1,100 and $1,200 per square foot once developed, with unit configurations likely spanning from two to five bedrooms to accommodate various household sizes. Executive condominiums represent an attractive middle ground for buyers, requiring only a 25% down payment for initial purchase compared to private condominiums with similar amenities.
The development is expected to incorporate modern smart home features, catering to the technological preferences of today’s homebuyers while offering potential capital appreciation in this established residential district.
