Raffles Town Club site slated for future residential use after lease expiry in 2026
Eugene Lim, primary executive officer at ERA Singapore, feels that the area might be offered a higher plot ratio given its location at the corner of Whitley Road and Dunearn Road. “There is a probability of a higher plot ratio being allowed on the place, like 1.6 or 2.1, similar that a taller property development may be constructed there to act as a landmark for the intersection.”
In its report, SLA and URA mention the redevelopment of the site for residence use will “assist future housing demand and boost the residential character of the development”.
The location, which estimates an estimated 132,639 sq ft, lies at 1 Plymouth Avenue in District 11. It is within strolling span of the Stevens MRT Interchange. RTC will continue its proceedings at the place up until the contract expires, upon which it will be needed to submit the property to the region.
The rent on a plot of land in Bukit Timah at the moment taken up by Raffles Town Club (RTC) will most likely not be renewed the moment it lapses on Oct 17, 2026. In a Nov 20 announcement, the Singapore Land Authority (SLA) and URA jointly declared that the area is schedule for future housing project.
The location is located less than a five-minute drive from the Singapore Botanic Gardens. It is also close to academic institutions involving Singapore Chinese Girls’ School, Nanyang Primary School and St Joseph’s Institution.
Lumina Grand showflat location
Lee Sze Teck, top supervisor for data analytics at Huttons Asia, believes the plot, which lies within a private residence enclave, will certainly be sold for private real estate. He forecasts the spot might be ascribed a plot ratio of 1.4 offered its surrounding low-rise projects. To that extent, it might potentially be turned into a high-end project with 160 to 190 units with an average unit size varying from 915 to 1,076 sq ft. If the spot launched for tender now, it could attract a winning bid of over $1,500 psf per plot ratio, he estimates.