The Urban Redevelopment Authority (URA) has officially launched the Senja Close Executive Condominium (EC) site for tender under the 1H2025 Government Land Sales (GLS) programme. This marks the first EC development site introduced for sale this year, with the potential to yield around 295 EC units on a 109,354 sq ft plot.
A Long-Awaited EC Opportunity in Bukit Panjang
This site is expected to attract significant developer interest due to the long absence of new EC projects in the area. The last EC development in the vicinity was Blossom Residences, launched back in 2010. This scarcity of new EC units, coupled with pent-up demand, makes the Senja Close site a highly anticipated project.
Industry experts point out that ECs remain a hot favourite among buyers, given their affordable pricing compared to private condos and eligibility for ABSD remission for Singaporean buyers. Additionally, ERA’s Eugene Lim notes that fewer than 150 EC units are currently available across Singapore’s existing EC projects, meaning demand far outstrips supply.
Strong Demand from HDB Upgraders
Another key factor supporting demand for this new EC project is the significant number of HDB flats reaching their Minimum Occupation Period (MOP) this year. With close to 9,000 four- and five-room flats in Bukit Panjang and Choa Chu Kang meeting MOP, many HDB upgraders could be looking to enter the EC market. This creates a strong buyer pool for the upcoming development at Senja Close.
Developers Expected to Submit Competitive Bids
Real estate analysts anticipate a healthy level of bidding activity for the Senja Close site. PropNex’s Wong Siew Ying expects between five to six bids, with the highest offer potentially reaching $700 to $715 psf ppr (approximately $230 million to $235 million). However, OrangeTee & Tie’s CEO, Justin Quek, foresees a more conservative two to four bids, estimating a top bid of $600 to $680 psf ppr.
While Senja Close presents a unique opportunity, other upcoming EC sites in Woodlands Drive 17 and Sembawang Road—expected to launch in April and May—may also attract strong interest due to their proximity to MRT stations and amenities.
Conclusion & Key Takeaways
✅ First EC site launched under the 1H2025 GLS programme
✅ Potential to yield 295 EC units in Bukit Panjang
✅ First EC site in the area since 2010, likely driving strong demand
✅ Pent-up demand from HDB upgraders, with 9,000 flats reaching MOP
✅ Developers expected to bid competitively, with price estimates between $600 to $715 psf ppr
✅ Tender closes on Aug 5, 2025
If you’re a buyer looking for an affordable private housing option, or an investor seeking a strategic entry into the EC market, this upcoming project at Senja Close could be an exciting opportunity. Reach out today to stay updated on the latest developments and secure your future home!