Raffles Town Club site slated for future residential use after lease expiry in 2026
The lease contract on a plot of land in Bukit Timah presently dwelled in by Raffles Town Club (RTC) will not be renewed when it lapses on Oct 17, 2026. In a Nov 20 statement, the Singapore Land Authority (SLA) and URA collectively announced that the site is schedule for future housing project.
The location lies less than a five-minute drive from the Singapore Botanic Gardens. It is also near academic institutions including Singapore Chinese Girls’ School, Nanyang Primary School and St Joseph’s Institution.
Lee Sze Teck, chief director for data analytics at Huttons Asia, thinks the plot, which is located throughout a private non commercial enclave, will be brought private real estate. He predicts the site might be ascribed a plot ratio of 1.4 provided its neighboring low-rise developments. To that level, it might likely be become a high-end project with 160 to 190 units with a regular unit size extending from 915 to 1,076 sq ft. If the site started for tender these days, it might lure a winning quote of over $1,500 psf per plot ratio, he assesses.
The location, which measures an estimated 132,639 sq ft, stands at 1 Plymouth Avenue in District 11. It is within walking distance of the Stevens MRT Interchange. RTC will definitely continue its proceedings at the site till the contract concludes, upon which it will be called for to submit the property to the land.
Eugene Lim, key executive officer at ERA Singapore, thinks that the place might be given a bigger 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 permitted on the place, like 1.6 or 2.1, such that a taller development might be developed there to work as a landmark for the intersection.”
In its statement, SLA and URA say the redevelopment of the area for non commercial use will “assist future housing demand and increase the residential appearance of the district”.