Upcoming · GLS Site · Core Central Region

Pine Grove (Parcel B)

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$1,223Land $psf ppr

~565Est. units

565,998 sqftMax GFA

99-yrTenure

CCRRegion

15 Nov 2023Site awarded

The Site

What we know, on the record

Straight from the Government Land Sales record — no showflat spin. This site was awarded to Golden Ray Edge 3 Pte. Ltd; here is what that tells a buyer today.

SitePine Grove (Parcel B)
Planning areaBukit Timah
Permitted useResidential
Awarded toGolden Ray Edge 3 Pte. Ltd
Winning tender$692.4M
Land cost$1,223 psf ppr
Plot ratio2.1
Bids at tender3

Source: URA Government Land Sales (data.gov.sg), Open Data Licence. A site like this typically launches as a branded development 12–24 months after award.

POV Analysis

What the land price is really telling you

Land cost is the floor under every future price here. At $1,223 psf ppr, the maths points to a launch band you can plan around — and being early is the only time you get first pick of stack, view and price.

$1,223land cost psf ppr the developer actually paid

$2,000–2,450our indicative launch PSF band (land + build + margin — an estimate, not a quote)

~565homes expected — smaller launches sell out faster

$692Mcommitted by the developer — they need to sell to profit

Want the full read? We'll send the comparable recent launches nearby, the likely price ladder, and which stacks to watch — WhatsApp us.

Estimates are indicative, derived from public land-cost data and typical construction/margin assumptions; actual launch pricing is set by the developer and may differ materially. Not financial advice.

Location Details

Where it sits

RegionCore Central Region
AreaBukit Timah
Schools within 1–2kmon request
Commute timeson request
Upcoming area planson request

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