The Housing Development Board (HDB) has launched a government land sales (GLS) site for an executive condominium (EC) at Senja Close, Bukit Panjang. This marks the first EC site under the GLS slate for the first half of 2025, with two more EC plots expected in Woodlands Drive 17 and Sembawang Road in the coming months.
Located near the Jelapang LRT station, the Senja Close site is poised to accommodate approximately 295 residential units. The area is well-served by amenities, including three primary schools within a 1-km radius—West Spring, Greenridge, and West View Primary Schools. Additionally, the site is in proximity to Senja Hawker Centre, Bukit Panjang Polyclinic, and several shopping centres such as Junction 10 mall and Hillion Mall.
Wong Siew Ying, Head of Research and Content at PropNex, noted the potential pent-up demand for new EC units in Bukit Panjang, as the last EC project, Blossom Residences, was launched in 2011. The manageable project size and the interest from HDB upgraders in the area are expected to attract developers.
The recent success of the Aurelle of Tampines EC project, which saw a 90% take-up rate, highlights the continued popularity of ECs among Singaporean homebuyers. PropNex anticipates that the Senja Close tender could attract five to six bids, with the top bid ranging from $230m to $235m, translating to a land rate of $700 to $715 per square foot per plot ratio.
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