Raffles Town Club site slated for future residential use after lease expiry in 2026
Eugene Lim, primary managing officer at ERA Singapore, feels that the site might be given a bigger plot ratio provided its site at the section of Whitley Road and Dunearn Road. “There is a chance of a higher plot ratio being simply permitted on the place, like 1.6 or 2.1, similar that a taller property development may be developed there to serve as a landmark for the junction.”
The location lies barely a five-minute drive from the Singapore Botanic Gardens. It is additionally near to schools consisting of Singapore Chinese Girls’ School, Nanyang Primary School and St Joseph’s Institution.
Lakegarden Residences showflat
The location, which measures an estimated 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 proceed its business at the area till the contract ends, whereupon it will certainly be required to return the property to the land.
In its report, SLA and URA state the redevelopment of the area for residence usage will “assist future real estate demand and enhance the residence style of the precinct”.
Lee Sze Teck, top director for data analytics at Huttons Asia, believes the plot, which is located within a reserved non commercial territory, will be brought private housing. He anticipates the spot may be ascribed a plot ratio of 1.4 provided its neighboring low-rise property developments. To that level, it can possibly be become a deluxe venture with 160 to 190 units with an average unit size ranging from 915 to 1,076 sq ft. If the spot launched for tender these days, it could attract a winning proposal of over $1,500 psf per plot ratio, he determines.
The lease on a plot of property in Bukit Timah currently occupied by Raffles Town Club (RTC) will most likely not be renewed when it lapses on Oct 17, 2026. In a Nov 20 report, the Singapore Land Authority (SLA) and URA collectively announced that the location is slated for future housing development.
