As part of the government’s intensified efforts to increase housing supply in strategic locations, the Urban Redevelopment Authority (URA) has launched two notable land parcels for tender in Hougang Central and Sembawang Road on May 29, 2025, under the Confirmed List of the first half 2025 Government Land Sales (GLS) programme.
These sites, both on 99-year leasehold tenure, are projected to yield more than 1,000 new residential units, addressing housing demand in both mature and non-mature estates.
The Hougang Central site, spanning 4.68 hectares with a gross plot ratio of 2.5, presents a substantial opportunity for mixed-use development with a potential yield of approximately 835 residential units.
At 4.68 hectares and a 2.5 plot ratio, the Hougang Central site offers substantial mixed-use development potential, yielding around 835 new homes.
This parcel’s direct connectivity to Hougang MRT station notably enhances its attractiveness to developers and future residents alike, positioning it as a cornerstone residential hub in Singapore’s northeast region.
Concurrently, the Sembawang Road site, designated specifically for Executive Condominium development, aims to satisfy the demand for this housing type in the northern region of Singapore. The site’s 18,968 square meter area with a maximum gross floor area of 26,556 square meters is expected to yield 265 EC homes for northern residents.
Both locations feature strategic positioning within Singapore’s transportation network, aligning with URA’s overarching strategy to develop residential precincts with robust public transportation accessibility.
Market analysts anticipate competitive bidding for these sites, with expected bids ranging between S$600-700 per square foot per plot ratio.
The Hougang Central site, in particular, is regarded as one of the most attractive offerings in the current GLS programme due to its mixed-use designation and prime location adjacent to mass transit infrastructure.
The tender process for both sites will remain open until September 1, 2025, coinciding with the scheduled closure of the HDB Hougang Branch to facilitate the development.
These land releases form part of a broader governmental strategy to stabilize the property market through increased supply, with additional sites including Chencharu Close, Telok Blangah Road, and Dunearn Road also available in the current GLS programme.
This program represents a significant increase from previous years, with the government offering a total of 8,505 units in the first half of 2025 GLS programme to ensure adequate housing inventory.
Current market projections suggest a continuation of the price growth moderation seen in 2024, when the national average increased by 4.88% year-on-year.
Evaluation of tenders will incorporate considerations of both pricing and qualitative aspects of the proposed developments.
