Central · D12 · Kallang

Kallang Close GLS

Kallang Close

99-year leasehold
Kallang Close GLS new launch condo in Kallang, D12, Singapore
Total units
470
Expected TOP
2033
Type
99-year leasehold
District
D12
Neighbourhood
Kallang

About Kallang Close GLS

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.

Why This Site Matters

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.

Location Map

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.

MRT & LRT Stations Near Kallang Close GLS

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 Near Kallang Close GLS

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.

Secondary Schools Near Kallang Close GLS

Secondary school options near Kallang Close GLS include Northlight School, Bendemeer Secondary School and Geylang Methodist School (Secondary).

Nearby new launches

Frequently Asked Questions

Is Kallang Close GLS freehold or leasehold?

Kallang Close GLS is a 99-year leasehold development. Most new launches · government land sales.

When is the expected TOP for Kallang Close GLS?

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.

How many units does Kallang Close GLS have?

Kallang Close GLS comprises 470 residential units.

Which MRT station is nearest to Kallang Close GLS?

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.

What primary schools are near Kallang Close GLS?

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.

Where is Kallang Close GLS located?

Kallang Close GLS is situated in Kallang, D12, Singapore (Kallang Close). It is in the Central region of Singapore.

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