First Tanjong Rhu GLS in 30 Years · Top Bid: CDL–Woh Hup JV · District 15
$709.3M Winning Bid · $1,455 psf ppr · Target Preview Q1 2027
$709.3M Winning Bid · $1,455 psf ppr · Target Preview Q1 2027
Tracking every milestone for the Tanjong Rhu Road GLS site — from tender to award to launch. Last updated: .
Five developers bid for the first Tanjong Rhu GLS site in nearly 30 years. The winning $1,455 psf ppr land rate — just 2.5% above the second bid — is the highest for an RCR GLS site since 2017.
See the full tender result →Renamed from the Singapore Sports Hub in November 2025, The Kallang starts its phased redevelopment from Q2 2026 — an 18,000-seat indoor arena, a national training centre, and a revitalised waterfront mall targeted for 2028.
Explore the precinct highlights →The boutique freehold launch at 6D Tanjong Rhu set a live pricing benchmark in the enclave, while 20-year-old Waterplace resales have crossed $1,915 psf — context for this site's estimated launch range.
See what this means for pricing →A joint venture between City Developments Limited (CDL Constellation, 90%) and Woh Hup's Bedrock Ventures (10%) won the Tanjong Rhu Road GLS site with a top bid of $709.3 million — $1,455 psf per plot ratio — when the tender closed on 5 February 2026, beating four other bidders by a 2.5% margin. It is the highest RCR GLS land rate since 2017. (Source: URA tender results / EdgeProp Singapore, 5 February 2026.)
Highest RCR GLS land rate since 2017
| Rank | Bidder | Bid Price | PSF PPR |
|---|---|---|---|
| 1 | CDL Constellation & Bedrock Ventures (Woh Hup) | $709,300,000 | $1,455 |
| 2 | Sunway MCL & Sinarmas Land (AFP Land) | $691,890,000 | $1,419 |
| 3 | Sim Lian Group | — | $1,416 |
| 4 | GuocoLand, Hong Leong Group & TID | — | $1,380 |
| 5 | Kingsford Group | — | $1,235 |
Source: URA tender results, EdgeProp Singapore and The Business Times, 5 February 2026. Undisclosed bid totals are shown as psf ppr only, as published.
From land release to estimated completion — every confirmed milestone and analyst estimate, in one view.
The 131,743 sq ft Tanjong Rhu Road parcel is released for tender — the first residential site revealed from the National Day Rally 2024 plans for the Marina and Kallang southern waterfront precincts, and the first Tanjong Rhu GLS since 1997.
CDL Constellation and Bedrock Ventures (Woh Hup) win at $1,455 psf ppr, just 2.5% above the second bid — the highest RCR GLS land rate since 2017, surpassing Marina Gardens Lane's $1,402 psf ppr (2023).
Phased works start on the renamed Sports Hub precinct: a new 18,000-seat indoor arena, a national training centre, and a revitalised waterfront mall targeted for completion in 2028.
The developer has not confirmed a launch date; new launches typically follow 12–18 months after a GLS award. Register below to be notified the moment the preview date, pricing and floor plans are released.
GLS residential sites typically carry a five-year project completion period from award. The estimated Temporary Occupation Permit window is analyst-projected, not developer-confirmed.
Estimated dates are analyst projections based on URA tender conditions and typical GLS development cycles — they are not developer-confirmed.
First GLS in 30 years at Tanjong Rhu Road — where waterfront living, dual MRT connectivity, and the Kallang Alive Masterplan converge in District 15 East Coast.
First GLS private residential site in Tanjong Rhu in nearly 30 years (since 1997). A rare opportunity for a fresh 99-year lease in a mature waterfront enclave.
Roughly 600–700m from both Tanjong Rhu MRT (TE23) and Katong Park MRT (TE24) on the Thomson-East Coast Line — operational since June 2024 — with direct access to Marina Bay, Shenton Way, and Orchard Road.
Scenic waterfront lifestyle along Geylang River and Kallang Basin. Peaceful, private enclave just minutes from the city centre with park connectors and promenades.
Positioned next to the massive Kallang Alive Masterplan, transforming the precinct into Singapore's premier hub for sports, entertainment, and lifestyle.
The winning $709.3 million bid ($1,455 psf ppr) by the CDL–Woh Hup joint venture is the highest RCR GLS land rate since 2017. Five developers competed, with just 2.5% separating the top two bids.
Surrounded by upcoming HDB BTO projects (Tanjong Rhu Riverfront I & II, Tanjong Rhu Parc Front), securing a built-in future catchment of upgraders.
Land cost: URA tender result, 5 February 2026. Break-even and launch pricing are analyst estimates only — not developer-confirmed figures.
Tanjong Rhu Grand (also known as Tanjong Rhu Residences) is the first Government Land Sale (GLS) private residential site in the Tanjong Rhu enclave in nearly three decades — won by a City Developments Limited (CDL) and Woh Hup joint venture at $709.3 million ($1,455 psf ppr) on 5 February 2026. It offers about 525 thoughtfully crafted homes across three 26-storey blocks with a fresh 99-year lease in a predominantly mature, freehold/long-leasehold waterfront enclave.
Located at Tanjong Rhu Road in District 15, this new launch offers scenic waterfront living along the Geylang River and Kallang Basin. Residents enjoy dual MRT access with both Tanjong Rhu MRT and Katong Park MRT (Thomson-East Coast Line) within a 10-minute walk, plus proximity to the Sports Hub and Kallang Alive Masterplan.
Get exclusive access to detailed floor plans, pricing information, and stunning visuals of Tanjong Rhu Grand. Download our comprehensive e-brochure to explore everything this prestigious development has to offer.
Located in District 15 East Coast, a mature waterfront enclave with excellent connectivity and lifestyle amenities.
First GLS in 30 years offering diverse unit types in a rare waterfront development with fresh 99-year lease.
Analyst-estimated completion window based on the typical five-year GLS project completion period — not developer-confirmed.
Long-term leasehold tenure providing generational value and security for your family's future.
$709.3 million winning bid by CDL Constellation & Bedrock Ventures (Woh Hup) — the highest RCR GLS land rate since 2017 (URA, 5 Feb 2026).
Official floor plans and unit sizes have not been released by the developer. Register your interest to receive the full floor plan set and price list the moment they are published.
Dual MRT access within 10-minute walk to Tanjong Rhu MRT and Katong Park MRT (Thomson-East Coast Line), offering direct connections to Marina Bay, Shenton Way, Maxwell, and Orchard Road. Immediate access to East Coast Parkway (ECP), Kallang–Paya Lebar Expressway (KPE), and Nicoll Highway.
Direct access to Singapore Sports Hub, National Stadium, OCBC Aquatic Centre, and Water Sports Centre. Short drive to Kallang Wave Mall and the vibrant Katong and Joo Chiat dining enclaves. Walking distance to waterfront promenade and park connectors along Geylang River.
Dunman High School (Integrated Programme, SAP) is at 10 Tanjong Rhu Road — essentially adjacent to the site. Kong Hwa School sits within the 1–2km primary registration band (MOE SchoolFinder, July 2026), with Chung Cheng High School (Main) and Broadrick Secondary also nearby. Always verify distances and eligibility via MOE SchoolFinder.
First Tanjong Rhu GLS in 30 years, secured at $1,455 psf ppr — the highest RCR GLS land rate since 2017. Tanjong Rhu Parc Front (812-flat BTO, Feb 2025) and adjacent HDB projects create a built-in upgrader catchment, while The Kallang's redevelopment from Q2 2026 anchors the precinct's transformation.
Experience waterfront living at Tanjong Rhu Grand (Tanjong Rhu Residences), the first GLS in 30 years at Tanjong Rhu Road in District 15. This rare opportunity offers 525 private residential units with a fresh 99-year lease in a mature waterfront enclave. Residents enjoy premium amenities, modern facilities, and scenic views along the Geylang River and Kallang Basin. With dual MRT access to Tanjong Rhu MRT and Katong Park MRT (Thomson-East Coast Line), plus proximity to the Sports Hub and Kallang Alive Masterplan, Tanjong Rhu Residences offers unparalleled urban waterfront convenience.
How much will Tanjong Rhu Grand cost? Official pricing has not been released, but the confirmed land cost gives a checkable starting point. The CDL–Woh Hup joint venture paid $1,455 psf per plot ratio ($709.3 million) at the tender that closed on 5 February 2026 — analysts place break-even around $2,400 psf and an indicative launch range of $2,900–$3,100 psf (estimates only). For live context, the boutique freehold Arina East Residences at 6D Tanjong Rhu, launched in June 2025, has achieved a median of $2,917 psf, while 20-year-old Waterplace resales have recently transacted at $1,915–$1,922 psf.
| GLS Site | Region | Awarded | Land Rate (psf ppr) |
|---|---|---|---|
| Tanjong Rhu Road (this site) | RCR · D15 | Feb 2026 | $1,455 |
| Dover Drive | RCR · D5 | Q1 2026 | $1,556 |
| Holland Link | RCR · D10 | Aug 2025 | $1,432 |
| River Valley Green (Parcel B) | RCR · D9 | Feb 2025 | $1,420 |
| Dunearn Road | CCR · D11 | Jul 2025 | $1,410 |
| Marina Gardens Lane | RCR · D1 | Jul 2023 | $1,402 |
Source: URA tender results / EdgeProp Singapore / Knight Frank research, February 2026.
Is Tanjong Rhu Grand a good investment? The case rests on genuine scarcity: no GLS site has been sold in Tanjong Rhu since 1997 (Waterplace), and the last private launch in the immediate enclave was The Line @ Tanjong Rhu in 2012. Buyers get two operational TEL stations (Tanjong Rhu TE23 and Katong Park TE24, both open since 23 June 2024, roughly 600–700m away), Dunman High School essentially adjacent at 10 Tanjong Rhu Road, and The Kallang's redevelopment starting Q2 2026 next door. Weigh this against the estimated $3,000+ psf quantum, Additional Buyer's Stamp Duty for second-property buyers, and an RCR unsold pipeline of about 4,142 units (URA, 4Q2025).
Compared with older Tanjong Rhu condos — Waterplace, Pebble Bay, Casuarina Cove, mostly 15–25 years old — the new launch offers a fresh 99-year lease from 2026, modern layouts, new facilities and an integrated early childhood development centre, in the same waterfront enclave residents already know.
Everything buyers ask about Tanjong Rhu Grand (Tanjong Rhu Residences) — answered with sourced figures.
Tanjong Rhu Grand — also marketed as Tanjong Rhu Residences — is the upcoming private residential development on the Tanjong Rhu Road GLS site in District 15, the first new GLS site in the Tanjong Rhu enclave in nearly 30 years. It will comprise about 525 units across three 26-storey blocks with an integrated early childhood development centre. The official project name has not yet been announced by the developer.
The site was won by a joint venture between City Developments Limited (CDL, through CDL Constellation) and Woh Hup (through its wholly owned subsidiary Bedrock Ventures) on a 90:10 equity split — the first CDL–Woh Hup joint venture. (Source: URA tender results / CDL announcement, 5 February 2026.)
The CDL–Woh Hup joint venture submitted the top bid of $709.3 million, or $1,455 psf per plot ratio, when the tender closed on 5 February 2026. Five bidders competed, and the winning bid was just 2.5% above the second-highest offer of $691.9 million from Sunway MCL and Sinarmas Land.
The sales gallery preview is targeted for Q1 2027 (estimate — the developer has not confirmed a launch date). Register your interest to be notified as soon as the preview date, pricing and floor plans are released.
Official pricing has not been released. Based on the confirmed land cost of $1,455 psf ppr, analysts estimate a break-even around $2,400 psf and an indicative launch range of $2,900–$3,100 psf. These are estimates only. For context, nearby Arina East Residences (freehold, launched June 2025) has achieved a median of $2,917 psf.
About 525 residential units across three 26-storey blocks, on a 99-year leasehold from February 2026. The 131,743 sq ft site has a plot ratio of 3.7 and a maximum gross floor area of about 487,400 sq ft.
Two Thomson-East Coast Line stations sit roughly 600–700m from the site: Tanjong Rhu MRT (TE23) and Katong Park MRT (TE24). Both have been operational since 23 June 2024, so buyers have connectivity certainty from day one — Marina Bay is about five stops away.
Dunman High School (Integrated Programme, SAP) is at 10 Tanjong Rhu Road, essentially adjacent to the site. For primary school, Kong Hwa School falls within the 1–2km band (MOE SchoolFinder, July 2026); no primary school lies within 1km. Always verify current distances and eligibility via MOE SchoolFinder before deciding.
The investment case rests on scarcity and transformation: the first Tanjong Rhu GLS in almost 30 years, the highest RCR GLS land rate since 2017, two operational TEL stations, and The Kallang's redevelopment from Q2 2026. Key risks include the estimated $3,000+ psf quantum, ABSD for second-property buyers, and the ~4,142-unit RCR unsold pipeline (URA, 4Q2025).
Waterplace (the 1997 GLS award, completed 2004) is the closest comparable and has recently transacted around $1,915–$1,922 psf on the resale market. The new launch offers a fresh 99-year lease, modern layouts, new facilities and an integrated childcare centre — at new-launch pricing that reflects the record land cost.
The Singapore Sports Hub was renamed The Kallang in November 2025, and a phased redevelopment starts from Q2 2026 — anchored by a new 18,000-seat indoor arena, a national training centre and a revitalised waterfront mall targeted for 2028. The Tanjong Rhu Road site sits directly beside this precinct.
The expected TOP is around Q3 2030 (estimate). GLS residential sites typically carry a five-year project completion period from award, and the developer has not yet published a confirmed completion date.
The sales gallery is strictly by appointment. Submit the enquiry form on this page to register for the VVIP preview — you will receive the e-brochure, the price list when released, and a priority showflat appointment slot ahead of the public launch.
Tanjong Rhu Grand Sales Gallery is Strictly by Appointment only. Contact us now to receive your invitation to visit our showflat.
Enjoy scenic waterfront vistas along Geylang River and Kallang Basin. Tanjong Rhu Grand's strategic positioning offers residents unobstructed views that enhance the sense of space and tranquility in a mature enclave.
Contemporary architecture meets functional elegance. Every unit is thoughtfully designed with premium finishes, smart layouts, and attention to detail that elevates everyday living.
A rare opportunity in a mature waterfront enclave with strong future demand. Tanjong Rhu Grand combines first-mover advantage, dual MRT access, and the Kallang Alive Masterplan—the hallmarks of a sound property investment with excellent exit strategies.
Register now for exclusive updates on this upcoming project.