Peck Hay Road GLS: Price, Site and Launch Guide

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My take

The honest read on Peck Hay Road GLS

This is the most expensive land of any site with a live launch window. $1,865 per square foot per plot ratio, on a compact site of 59,201 sq ft in District 9. Every other decision about this project — the specification, the unit mix, the price list — is downstream of that number, and none of it will be modest.

CDL is the reassuring part of the pairing. It is Singapore's most established residential developer and it does not overpay by accident. Hong Realty is Hong Leong's property arm, which makes this a well-capitalised, long-view partnership rather than an opportunistic one.

The site is small. On 59,201 sq ft the project will be a single tower or a pair of slender blocks, with a compact facilities deck. In the Cairnhill and Newton pocket that is entirely normal, and buyers here are generally buying an address and a view rather than a resort.

The location is one of the best in Singapore on paper: Newton interchange with two lines, Orchard within reach, Newton Food Centre at the door, and the Cairnhill residential enclave around it. On paper is doing some work in that sentence — this is a dense, built-up, traffic-heavy part of town, and the quiet you might expect from a District 9 address is not guaranteed. Stand on the site at 6pm.

My honest reservation is the same one I have about every top-of-market Core Central Region launch: the CCR has been the weakest-performing of Singapore's three price regions for most of the last decade, and buying at the highest land cost in a pipeline means buying at the point where the least margin for error exists. This is a live-in address for someone who wants to be there. It is not a straightforward investment case.

This suits you if you want a prime District 9 address with two MRT lines at Newton, you are buying to live in it, and CDL's delivery record is something you actively want. Quantum here will be high, and that should be comfortable rather than a stretch.

Skip it if you are investing for yield or for capital growth over a short hold. The highest land cost in the pipeline plus the weakest-performing price region is a difficult combination. Skip it too if you need space per dollar — you will get more of that almost anywhere else on this list.

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The site

The site: 59,201 sq ft in Cairnhill

The parcel is 59,201 sq ft. Because the total land price in the public feed is corrupted, I cannot back out the gross floor area from the tender the way I do elsewhere, so no plot ratio, unit count or average unit size appears on this page.

What is safe to say: a site this size in this location produces a tower, not a cluster. Expect a compact ground plane, a stacked or rooftop facilities deck, and a mix weighted to the formats that sell in prime central Singapore — one- and two-bedroom units with a smaller band of larger ones.

I will publish the confirmed floor area, unit count and mix when the developer releases them, and update the model at the same time.

The unit mix, block count and facilities are not public yet. When the developer releases the e-brochure and floor plans I will publish them here rather than guess at them now.

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Who is building it

Who is building it: CDL and Hong Realty

City Developments Limited is Singapore's largest listed residential developer, with Norwood Grand, Tembusu Grand, The Myst, Union Square Residences and Copen Grand EC among its recent work. In this pipeline alone it also holds Lucerne Grand, the Tanjong Rhu Road site, Solano Grand EC and Wynwood Grand EC.

Hong Realty is the property arm of the Hong Leong group, which is CDL's controlling shareholder. In practice this is a single-family transaction rather than a partnership between strangers, and it means the site is very well capitalised.

CDL's launch behaviour is the most useful thing to know: it prices for take-up and phases increases as the project sells, rather than opening at a record psf and defending it. On the pipeline's most expensive land, that instinct is likely to be tested.

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Alternatives

Peck Hay Road vs the other prime pipeline sites

Four Core Central Region sites, spread across a wide band of land cost. At this end of the market the differences between them are large.

Land prices are from public tender records. Launch timing is the developer's or the market's expectation, not a confirmed date · Updated 7 August 2026

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Bukit Timah Road is the comparison that matters. The land costs are within 2.5% of each other and the sites are close together — but one is CDL and one is a developer with no completed Singapore project you can walk through. That difference is worth more than $45 psf of land.

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Common questions

Peck Hay Road GLS: questions people actually ask