Raffles Town Club site slated for future residential use after lease expiry in 2026
Lee Sze Teck, top executive for information analytics at Huttons Asia, feels the plot, that lies within a private non commercial territory, will be sold for exclusive housing. He anticipates the spot might be referred a plot ratio of 1.4 given its surrounding low-rise projects. To that extent, it might possibly be turned into a luxury project with 160 to 190 units with an average unit dimension varying from 915 to 1,076 sq ft. If the site launched for tender now, it might draw a winning bid of over $1,500 psf per plot ratio, he determines.
Eugene Lim, primary executive officer at ERA Singapore, feels that the place might be given a higher plot ratio provided its area at the section of Whitley Road and Dunearn Road. “There is a possibility of a higher plot ratio being simply allowed on the site, like 1.6 or 2.1, such that a taller property development may be developed there to work as a site for the intersection.”
The rent on a plot of land in Bukit Timah currently occupied by Raffles Town Club (RTC) will most likely not be extended the moment it ends on Oct 17, 2026. In a Nov 20 announcement, the Singapore Land Authority (SLA) and URA collectively released that the location is slated for future housing property development.
The site, which measures an approximated 132,639 sq ft, stands at 1 Plymouth Avenue in District 11. It is inside strolling proximity of the Stevens MRT Interchange. RTC is going to continue its proceedings at the place up until the contract ends, upon which it will be required to submit the property to the region.
The location is located less than a five-minute drive from the Singapore Botanic Gardens. It is also near academic institutions consisting of Singapore Chinese Girls’ School, Nanyang Primary School and St Joseph’s Institution.
In its report, SLA and URA state the redevelopment of the site for residential usage will “assist future housing appeal and enhance the residence appearance of the development”.
