99yrCentral · D03 · Queenstown
Penrith
70, 72 Margaret Drive
103.809 units · 99-year leasehold
Central · D04 · Telok Blangah
Berlayar Drive

Berlayar Drive GLS site awarded to Intrepid Investments and GuocoLand for $576.8M at $16,307.46 psm, the only sole-bid tender of the 2026 cycle.
The Urban Redevelopment Authority (URA) awarded the Berlayar Drive residential Government Land Sales (GLS) site to Intrepid Investments Pte. Ltd. and GuocoLand (Singapore) Pte. Ltd. for $576,778,554.00, or $16,307.46 per square metre of GFA, on 7 August 2026.
Unlike most 2026 GLS tenders, Berlayar Drive drew only a single bid. The Intrepid/GuocoLand consortium was the sole tenderer, and their bid was accepted as the award price. The site was launched on 15 May 2026 alongside a companion site at New Upper Changi Road, and closed on 4 August 2026. It sits within the 1st Half 2026 GLS Confirmed List, part of a 4,575-unit release that is 50% above the decade-average Confirmed List supply.
With only a single bid, Berlayar Drive's $16,307.46 psm price reflects Intrepid Investments and GuocoLand's own valuation rather than a market-tested benchmark, since there was no competing offer to weigh it against. That figure still lands mid-pack against the 2026 batch, above Bayshore Drive and Kallang Close but below Dunearn Road and Peck Hay Road, suggesting the consortium didn't lowball the bid despite facing no competition. Coming alongside Holland Plain as the cycle's second sole-bid award, it points to pockets of muted developer appetite even as headline sites elsewhere drew five-plus bidders, worth watching as a read on where demand is concentrating within the 2026 GLS Confirmed List.
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Map data © OneMap Contributors. Distances are straight-line estimates and may differ from walking routes. School proximity should be verified via MOE SchoolFinder before making registration decisions.
Berlayar Drive GLS is within walking distance of Telok Blangah MRT (453m) and Labrador Park MRT (812m) — 3 stations in total within 2 km.
1 km – 2 km
Berlayar Drive GLS is within 1km of Blangah Rise Primary School, placing residents in the Phase 2C priority zone for primary school registration.
Within 1 km · Phase 2C Priority
Secondary school options near Berlayar Drive GLS include CHIJ St. Theresa's Convent.
Secondary Schools
Berlayar Drive GLS is a 99-year leasehold development. Most new launches · government land sales.
Berlayar Drive GLS comprises 415 residential units.
Berlayar Drive GLS is within walking distance of Telok Blangah MRT (453m), Labrador Park MRT (812m).
Berlayar Drive GLS is within 1km of Blangah Rise Primary School, qualifying residents for the MOE Phase 2C primary school registration priority zone.
Berlayar Drive GLS is situated in Telok Blangah, D04, Singapore (Berlayar Drive). It is in the Central region of Singapore.
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