Allgreen's upcoming condo on the last land parcel fronting Tanah Merah MRT. Project name to be announced.
What stands out about this upcoming launch, from the land sale to the location.
Last remaining land parcel fronting Tanah Merah MRT Station.
Drew 10 bids, the most for a GLS residential site in 2025 and the highest count since Slim Barracks Rise in 2021.
Allgreen (via Bellis Residential) won with $1,330 psf ppr, only about 0.4% above runner-up Hoi Hup ($1,324 psf ppr).
Mid-sized project of about 380 homes on a 2.03 ha site at plot ratio 1.6.
Tanah Merah is planned to become an interchange with the Thomson-East Coast Line by the mid-2030s.
Close to the future Changi Airport Terminal 5 (mid-2030s).
Neighbours include Grandeur Park Residences and Sceneca Residence, which sold at an average of about $2,072 psf.
| Address | Bedok Rise, beside Tanah Merah MRT Station |
| Developer | Allgreen Properties (Bellis Residential) |
| Tenure | 99-year leasehold |
| Units | About 380 |
| Site area | 218,438 sqft (20,293.6 sqm); max GFA 32,470 sqm; plot ratio 1.6 sq ft |
| Land price | $464.8 million · $1,330 psf ppr |
| Land awarded | 2 December 2025 |
| Est. completion | 2029 (estimated) |
The unit mix and prices have not been released yet.
Estimate only, not developer pricing: CLYA estimates about $3,165 psf from the land price; analysts at the tender expected at least $2,500–2,700 psf.
The closest completed project, Grandeur Park Residences, is the resale benchmark for this area. It shows what buyers already pay for completed homes nearby, compared with new-launch pricing here.
Based on recent URA caveats. Figures are approximate.
| Project | Grandeur Park Residences |
| Average resale psf | $2,016 |
| Recent range | $1,616 - 2,146 |
| Completed (TOP) | 2020 |
Launch prices, today's prices and take-up at recent new launches in the area.
| Project | Launched | Launch avg psf | Avg psf today | Sold | TOP |
|---|---|---|---|---|---|
| Bagnall Haus | Jan 2025 | $2,490 | $2,601 | 97% | 2028 |
| Emerald of Katong | Nov 2024 | $2,621 | $2,839 | 100% | 2029 |
Based on URA caveats, tracked by CLYA. Figures are approximate.
It is at Bedok Rise, beside Tanah Merah MRT Station (D16, OCR).
Allgreen Properties (Bellis Residential)
99-year leasehold
About 380 units.
Tender awarded to Bellis Residential: 2 December 2025; Launch: TBC; Estimated TOP: 2029
Prices have not been released yet. Register below to get the price list as soon as it is out.
No. For new launches, buyers do not pay any agent commission. The developer pays it.
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