Raffles Town Club site slated for future residential use after lease expiry in 2026
The rent on a plot of property in Bukit Timah currently occupied by Raffles Town Club (RTC) will not be renewed when it lapses on Oct 17, 2026. In a Nov 20 statement, the Singapore Land Authority (SLA) and URA mutually released that the area is slated for future housing property development.
Eugene Lim, major executive officer at ERA Singapore, believes that the place may be given a higher plot ratio provided its area at the corner of Whitley Road and Dunearn Road. “There is a probability of a higher plot ratio being simply allowed on the place, like 1.6 or 2.1, such that a taller property development might be constructed there to work as a spots for the crossway.”
The site is located less than a five-minute drive from the Singapore Botanic Gardens. It is additionally near to schools involving Singapore Chinese Girls’ School, Nanyang Primary School and St Joseph’s Institution.
Lee Sze Teck, top director for data analytics at Huttons Asia, believes the plot, that is located within a private residential enclave, will certainly be sold for exclusive real estate. He predicts the spot may be referred a plot ratio of 1.4 given its neighboring low-rise properties. To that degree, it might likely be turned into a luxury project with 160 to 190 units with a regular unit size ranging from 915 to 1,076 sq ft. If the site released for tender now, it might attract a winning bid of over $1,500 psf per plot ratio, he assesses.
The location, which evaluates an estimated 132,639 sq ft, lies at 1 Plymouth Avenue in District 11. It is throughout walking span of the Stevens MRT Interchange. RTC will definitely proceed its operations at the site up until the rent concludes, upon which it will be called for to submit the land to the state.
In its claim, SLA and URA state the redevelopment of the area for residence use will “sustain future housing appeal and boost the residential style of the development”.