Raffles Town Club site slated for future residential use after lease expiry in 2026
Eugene Lim, primary executive officer at ERA Singapore, believes that the site may be given a higher plot ratio given its site at the corner of Whitley Road and Dunearn Road. “There is a probability of a greater plot ratio being simply allowed on the place, like 1.6 or 2.1, such that a taller property may be built there to work as a landmark for the crossway.”
The lease contract on a plot of property in Bukit Timah presently dwelled in by Raffles Town Club (RTC) will not be renewed as soon as it ends on Oct 17, 2026. In a Nov 20 report, the Singapore Land Authority (SLA) and URA jointly announced that the site is schedule for future housing property development.
Lee Sze Teck, chief director for information analytics at Huttons Asia, feels the plot, which is located throughout an exclusive residential enclave, will be sold for private housing. He forecasts the spot may be referred a plot ratio of 1.4 given its neighboring low-rise properties. To that level, it could possibly be become a luxury project with 160 to 190 units with a standard unit dimension varying from 915 to 1,076 sq ft. If the spot started for tender these days, it could lure a winning proposal of over $1,500 psf per plot ratio, he assesses.
In its claim, SLA and URA mention the redevelopment of the area for non commercial usage will “support future real estate demand and increase the residential character of the development”.
The place is located barely a five-minute drive from the Singapore Botanic Gardens. It is even close to schools consisting of Singapore Chinese Girls’ School, Nanyang Primary School and St Joseph’s Institution.
The site, which measures an estimated 132,639 sq ft, is located at 1 Plymouth Avenue in District 11. It is throughout strolling proximity of the Stevens MRT Interchange. RTC is going to proceed its proceedings at the place till the rent ends, whereupon it will certainly be required to send back the property to the state.