Raffles Town Club site slated for future residential use after lease expiry in 2026
The rent on a plot of land in Bukit Timah currently occupied by Raffles Town Club (RTC) will not be resumed as soon as it lapses on Oct 17, 2026. In a Nov 20 announcement, the Singapore Land Authority (SLA) and URA mutually declared that the area is schedule for future non commercial development.
The place lies barely a five-minute drive from the Singapore Botanic Gardens. It is even close to academic institutions including Singapore Chinese Girls’ School, Nanyang Primary School and St Joseph’s Institution.
The site, which measures an estimated 132,639 sq ft, stands at 1 Plymouth Avenue in District 11. It is within walking proximity of the Stevens MRT Interchange. RTC is going to continue its proceedings at the place till the lease concludes, whereupon it will certainly be called for to return the property to the state.
Eugene Lim, major executive officer at ERA Singapore, believes that the site may be granted a bigger plot ratio given its site at the corner of Whitley Road and Dunearn Road. “There is a chance of a higher plot ratio being allowed on the site, like 1.6 or 2.1, similar that a taller development may be constructed there to act as a spots for the intersection.”
In its report, SLA and URA state the redevelopment of the area for non commercial use will “assist future housing need and increase the residence appearance of the development”.
Lee Sze Teck, senior executive for information analytics at Huttons Asia, thinks the plot, which is located throughout a reserved residence enclave, will certainly be yielded private housing. He forecasts the site may be ascribed a plot ratio of 1.4 offered its surrounding low-rise property developments. To that degree, it can likely be become a high-end venture with 160 to 190 units with a regular unit measurements varying from 915 to 1,076 sq ft. If the site started for tender now, it could draw a winning bid of over $1,500 psf per plot ratio, he estimates.
