Dairy Farm Walk GLS 2026

The Urban Redevelopment Authority (URA) awarded the Dairy Farm Walk residential Government Land Sales (GLS) site to a four-way consortium of ABR Holdings Limited, LWH Holdings Pte. Ltd., Macly Capital Pte Ltd and RP Ventures Pte Ltd for $427,000,268.00, or $10,358.55 per square metre of GFA, on 28 January 2026. The tender launched on 26 November 2025 (as part of a three-site release) and closed on 22 January 2026, drawing five bids in total. The winning bid beat second-placed GuocoLand (Singapore) Pte. Ltd. and Intrepid Investments Pte. Ltd. by just 0.37%, the tightest margin of any 2026 GLS award in this series.

Why This Site Matters

A 0.37% margin between first and second place makes Dairy Farm Walk the tightest-fought tender of the 2026 GLS cycle, edging out even Kallang Close's 0.7% gap, a clear signal that developers are converging on near-identical valuations for outer-central residential land in this price band. At $10,358.55 psm, it also priced near the bottom of the 2026 batch, consistent with its Bukit Panjang / Dairy Farm location outside the more premium districts represented by sites like Peck Hay Road. With five bidders competing this closely, the result suggests a well-understood, efficiently priced site rather than one where any single developer saw a clear valuation edge.