Dunman Residences

SingHaiyi Wins Dunman Road GLS At $1,350 psf ppr

On 2 Jun 2022, Dunman Road’s GLS site attracted two bids. Singhaiyi Group aced the bidding with $1.284 billion or $1,350 psf per plot ratio (psf ppr), and a consortium consisting of City Developments Ltd (CDL), Hong Leong Group and TID came in second with $1.067 billion or $1,122 psf ppr.

The Dunman Road tender closing shows that developers are cautious about acquiring large residential sites, as evident in the low tender participation. Even though Piccadilly Grand and Liv@MB launched recently and there are very few unsold units.

A top bid of $1,350 psf ppr reached a 20.3% premium over the lower bid of $1,122 psf ppr, showing a restrained bid by the lower bidder. This is the greatest percentage difference in a residential GLS tender since the GLS bid in Sep 2018 for Jalan Jurong Kechil. Between the highest and second-highest bids in the Jalan Jurong Kechil GLS tender, there was a 31.3% difference.

Approximate Number of Units To Be Built:

A residential project of approximately 1,040 units could be developed at the Dunman Road site.

Other Upcoming District 15 Sites:

District Location Developer PSF PPR ($) Tender Close No. Of Bids Est. No. Of Units
15 Dunman Road SingHaiyi $1,350 June 2022 2 1,040
15 Jalan Tembusu CDL $1,302 Jan 2022 8 640
15 Thiam Siew Avenue Hoi Hup Realty and Sunway Developments $1,440 Nov 2021 820

In January this year, CDL had paid $1,302 psf ppr for the GLS site at Jalan Tembusu, also in District 15. SingHaiyi has submitted a price of $1,350 psf ppr, which is about 4% higher than CDL’s $1,302 psf ppr. At the close of the tender, eight bids had been received for the Jalan Tembusu site, which could yield about 640 units.

District 15 has two large developments scheduled for launch over the next few years, namely Jalan Tembusu GLS and Thiam Siew Avenue. Hoi Hup Realty and Sunway Developments acquired Thiam Siew Avenue en bloc last Nov 2021. An 820-unit new condominium could be built on the site.

Estimated Price For Dunman Residences:

Dunman Road new condo site could sell for $2,200 to $2,300 per square foot.

Any enquiries, please call our hotline: +65 61002500 | Return to HOME | EAST COAST (BEDOK, MARINE PARADE)

 

Dunman Residences Location

Dunman Residences At Dunman Road Location Map

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Dunman Residences Project Factsheet

Project Name Dunman Residences
Developer Sing-Haiyi Jade Pte. Ltd. (subsidiary of SingHaiyi Group)
Address Dunman Road
District 15
Tenure 99-year leasehold
Plot Ratio 3.5
Estimated Date Of Vacant Possession TBA
Estimated Date Of Legal Completion TBA
Total No. of Blocks & Storeys TBA
Total No. of Units Approx. 1,040
Land Area Approx. 25,234.3 m2

No. of Car Park Lots
  • TBA
Architect TBA
Project Interior Designer TBA
Showflat Interior Designer TBA
M&E Engineer TBA
C&S Consultant TBA
Conveyancing Solicitor TBA

 

Dunman Residences Unit Type & Mix

No. Of Bedrooms Size (sqft) No. Of Units Baywind Residences Price
1 Bedroom TBA TBA S$TBA
2 Bedroom TBA TBA S$TBA
3 Bedroom TBA TBA S$TBA
4 Bedroom TBA TBA S$TBA

(Sizes subject to change)

Dunman Residences Developer:


Dunman Residences is by Sing-Haiyi Jade Pte. Ltd. (a subsidiary of SingHaiyi Group).

 

Dunman Residences Facilities Site Plan

 

DUNMAN RESIDENCES EBROCHURE & FLOOR PLAN


For a better viewing experience, reduce pdf to 50%.

The Dunman Residences ebrochure and floor plan will be out soon. Once it becomes available, we will send it out to you. Register your details with us in the enquiry form below.

 

NEW CONDO LAUNCH SINGAPORE IN DISTRICT 15, EAST COAST:

 


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HOTLINE: +65 6100 2500

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