Upper Thomson GLS (Parcel B)

Upper Thomson, Seletar Expressway, Ang Mo Kio, Central, Singapore, 787934, Singapore

For Sale - Apartment, Condominium, Residential

Upper Thomson GLS (Parcel B) 2029 Year Built

Upper Thomson GLS Land Bid

In Upper Thomson, a government land plot recently went up for tender. Interestingly, only one bidder submitted a bid. This bid was jointly put forward by well-known developers GuocoLand and Hong Leong Holdings. The tendered price was about S$780 million, or S$904.60 per square foot per plot ratio (psf ppr)

Encompassing 32,023.7 square meters, the Upper Thomson Road (Parcel B) plot features a maximum gross floor area of 80,060 square meters, to accommodate 940 private residences.

Neighbourhood Transaction

Adjacent to this location lies The Essence condominium. Acquired in February 2018 for S$43.95 million on a 99-year leasehold, this translates to S$681 psf ppr. Recent data from URA Realis reveals that a unit of 818 square feet sold in January for S$1.3 million, or S$1,638 psf.

Lentor Cluster

The Upper Thomson GLS (Parcel B) project conveniently sits near the rapidly developing Lentor Hills neighbourhood. Additionally, the URA has already sold six land plots in this area, indicating its burgeoning growth. These developments include Lentor Modern, Lentor Hills Residences, Hillock Green, Lentoria, Lentor Mansion, and Lentor Central (Parcel B).

This situation highlights the ever-changing nature of real estate development in the area, where predictions sometimes differ from reality. Moreover, it demonstrates the intricate relationship between supply, demand, and investor confidence. As the project progresses, homebuyers will closely watch its impact on the urban landscape and alignment with market trends.

Upper Thomson Land Parcel Location

Upper Thomson GLS (Parcel B), strategically positioned within the Yishun Planning Area and bound by Upper Thomson Road and Seletar Expressway (SLE), is expressly designated for residential development. It sits within an established residential area with low-density private housing and is adjacent to Springleaf Forest, known for its lush vegetation and diverse wildlife.

This land parcel, once a former school surrounded by plantations, stood near the former Nee Soon Village, which served as the commercial centre for the North until the early 1980s. Now, it actively contributes to the tranquil, lush, and historically significant Springleaf Identity Node, incorporating shophouses across Upper Thomson Road to provide amenities for the neighbourhood.

The Upper Thomson residents would currently enjoy excellent rail connectivity through the Springleaf MRT Station on the Thomson-East Coast Line (TEL), alongside seamless access to major roads and expressways such as the SLE, Sembawang Road, and Upper Thomson Road.