99yrCentral · D07 · Bugis
Aurea
802 Beach Road
188 units · 99-year leasehold
Central · D12 · Kallang
Kallang Close

Kallang Close GLS site sold for $610.75M to Frasers Property Phoenix and MJR Investment, beating second place by just 0.7% in a photo-finish tender.
The Urban Redevelopment Authority (URA) awarded the Kallang Close residential Government Land Sales (GLS) site to Frasers Property Phoenix Pte. Ltd. and MJR Investment Pte. Ltd. for $610,750,000.00, or $15,231.43 per square metre of GFA, on 10 April 2026, just one day after the tender closed on 7 April 2026, with four bids received in total. The winning bid beat second-placed CDL Kallista Pte. Ltd. by a mere 0.7%, one of the closest margins of the 2026 GLS cycle.
At just 0.7%, the margin between Frasers Property Phoenix/MJR Investment and second-placed CDL Kallista is the second-tightest of the 2026 GLS cycle, trailing only Dairy Farm Walk's 0.37% gap, evidence that top-tier developers are applying near-identical valuation models to well-located Kallang precinct sites. The $15,231.43 psm price lands in the middle of the 2026 range, and with only four bidders competing (fewer than Dunearn Road's six or Chitty Road's seven), the tight margin appears to reflect valuation convergence among a smaller, disciplined field rather than sheer weight of competition. That pattern, few bidders and a razor-thin spread, is worth watching as a signal of how mature the Kallang residential submarket has become for developer pricing.
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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.
Kallang Close GLS is within walking distance of Kallang MRT (401m), Bendemeer MRT (569m) and Lavender MRT (796m) — 14 stations in total within 2 km.
Primary schools within 2km of Kallang Close GLS include Bendemeer Primary School, Hong Wen School and Geylang Methodist School (Primary). None fall within the 1km Phase 2C priority zone.
Within 2 km
Secondary school options near Kallang Close GLS include Northlight School, Bendemeer Secondary School and Geylang Methodist School (Secondary).
Secondary Schools
Kallang Close GLS is a 99-year leasehold development. Most new launches · government land sales.
The expected Temporary Occupation Permit (TOP) date for Kallang Close GLS is 2033. Actual completion may vary — verify the latest timeline with the developer or your agent.
Kallang Close GLS comprises 470 residential units.
Kallang Close GLS is within walking distance of Kallang MRT (401m), Bendemeer MRT (569m), Lavender MRT (796m). There are 14 stations in total within 2km.
Primary schools within 2km of Kallang Close GLS include Bendemeer Primary School, Hong Wen School, Geylang Methodist School (Primary). None are within the 1km Phase 2C priority zone.
Kallang Close GLS is situated in Kallang, D12, Singapore (Kallang Close). It is in the Central region of Singapore.
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