Where are the New Mega Developments in 2024?
2024 could see up to four mega project launches (at least 800 units). These includes sites at Lorong 1 Toa Payoh, Jalan Tembusu, Former Chuan Park and Tampines Avenue 11.
Development Name | Location | Region | District | Tenure | Est. No. of units | Land Price ($ psf ppr) | |
|---|---|---|---|---|---|---|---|
| 1 | Lor 1 Toa Payoh GLS | Toa Payoh | RCR | 12 | 99-years | 800 | $1,360 |
| 2 | Jalan Tembusu GLS | Jalan Tembusu/ East Coast | RCR | 15 | 99-years | 840 | $1,069 |
| 3 | Former Chuan Park | Lorong Chuan | OCR | 19 | 99-years | 900 | $1,256 |
| 4 | Tampines Ave 11 GLS | Tampines | OCR | 18 | 99-years | 1,190 | $885 |
Source: URA, ERA Research and Market Intelligence
These sites are located at prime locations that are closely watched by prospective homebuyers. And with ample units within each project, homebuyers will have a higher chance of securing their preferred homes.
STEPHEN YAP
CEA No: R068862E
Phone: +6583321873
ERA REALTY NETWORK PTE LTD
Estate Agent's Licence Number: L3002382K