Raffles Town Club site slated for future residential use after lease expiry in 2026
Eugene Lim, key executive officer at ERA Singapore, thinks that the area might be given a bigger plot ratio given its site at the section of Whitley Road and Dunearn Road. “There is a chance of a higher plot ratio being permitted on the site, like 1.6 or 2.1, similar that a taller property might be built there to work as a spots for the intersection.”
The site, which evaluates an approximated 132,639 sq ft, is located at 1 Plymouth Avenue in District 11. It is inside walking distance of the Stevens MRT Interchange. RTC will definitely proceed its proceedings at the area till the rent ends, upon which it will certainly be required to send back the land to the land.
In its report, SLA and URA state the redevelopment of the area for non commercial use will “support future housing demand and enhance the residential appearance of the precinct”.
The location lies barely a five-minute drive from the Singapore Botanic Gardens. It is even near academic institutions consisting of Singapore Chinese Girls’ School, Nanyang Primary School and St Joseph’s Institution.
Lee Sze Teck, chief supervisor for data analytics at Huttons Asia, feels the plot, that is located throughout a private residential territory, will certainly be brought private housing. He anticipates the spot may be referred a plot ratio of 1.4 offered its nearby low-rise properties. To that level, it might possibly be turned into a high-end venture with 160 to 190 units with a regular unit dimension extending from 915 to 1,076 sq ft. If the site started for tender now, it might lure a winning bid of over $1,500 psf per plot ratio, he estimates.
The rent on a plot of land in Bukit Timah currently taken up by Raffles Town Club (RTC) will not be resumed the moment it expires on Oct 17, 2026. In a Nov 20 announcement, the Singapore Land Authority (SLA) and URA jointly released that the area is schedule for future non commercial development.