Tanjong Rhu Road GLS: Price, Site and Launch Guide
525 units on the Kallang Basin waterfront, bought by CDL and Woh Hup at $1,455 psf ppr — a Thomson–East Coast Line address with water on one side and the city skyline on the other.
Upcoming launch — estimated Q2 2027
In short: Tanjong Rhu Road GLS is a 99-year leasehold condominium of 525 units in District 15, on the Kallang Basin waterfront near Tanjong Rhu MRT. City Developments Limited and Woh Hup won the 132,396 sq ft site for $709.3 million, or $1,455 per square foot per plot ratio, awarded 5 February 2026. Launch is expected around Q2 2027; my land-cost model points to a launch average near $2,650–$2,880 psf.
Tanjong Rhu Road GLS at a glance
Sources: URA Government Land Sales tender record, awarded 5 February 2026 · PropNex local-project data, 7 Aug 2026 · Updated 7 Aug 2026
| Location | Tanjong Rhu Road, District 15 — Katong, Joo Chiat, Amber Road, Tanjong Rhu · Rest of Central Region |
|---|---|
| Developer | City Developments Limited and Woh Hup |
| Tenure | 99-year leasehold |
| Site area | 132,396 sq ft |
| Gross floor area | 487,491 sq ft · plot ratio ≈ 3.68 |
| Land price | $709.3 million · $1,455 psf ppr |
| Total units | 525 |
| Average unit size | ≈ 929 sq ft — GFA ÷ unit count, a planning figure, not a floor plan |
| Nearest MRT | Tanjong Rhu (Thomson–East Coast Line (TE23)) · Katong Park (Thomson–East Coast Line (TE24)) · Stadium (Circle Line (CC6)) |
| Expected launch | Estimated Q2 2027 — not confirmed by the developer |
| Est. TOP | Not yet published |
| Indicative pricing | Not released. Modelled range $2,650–$2,880 psf — see the pricing section |
Swipe to see the full table →
My take
The honest read on Tanjong Rhu Road GLS
Tanjong Rhu was a good address that was hard to reach for thirty years. Then the Thomson–East Coast Line opened a station there, and the whole calculation changed. This site is what a developer pays for a waterfront peninsula once the MRT arrives.
At $1,455 psf ppr the land sits above the city-fringe pack — 3% above Kallang Close across the basin, 9% above Dorset Road — and below the prime central sites. That is a coherent premium for water and a station.
The location genuinely is special, and I do not say that often. The site sits on the Kallang Basin with the Singapore Sports Hub and the city skyline across the water, the East Coast Park corridor to the east, and the Kallang Riverside and Marina Bay corridors to the west. Waterfront in Singapore is scarce and this is real waterfront, not a canal with a name.
CDL and Woh Hup is a strong pairing. CDL is Singapore's most established residential developer; Woh Hup is one of its oldest and most respected main contractors — the company that has built a great deal of the country's more complex buildings. Having the builder in the ownership is a meaningful reduction in delivery risk.
The honest caution is quantum and view. On a waterfront site the price gap between a water-facing stack and an inward-facing one can be very large, and the marketing will not lead with that. If the water is why you are buying, budget for the stack that actually sees it, or buy somewhere else.
This suits you if you want genuine waterfront within the Rest of Central Region, you value the Thomson–East Coast Line, and you are prepared to pay for a water-facing stack rather than settle for an inward one. The East Coast and Sports Hub corridors on either side are a real lifestyle argument.
Skip it if the water view is not worth a premium to you — in that case you are paying for something you will not use. Skip it too if District 15 quantum is a stretch; there is far better space-per-dollar in the north and west of this same pipeline.
Pricing
Tanjong Rhu Road price: a waterfront premium, quantified
The developer has not released prices. What follows is an estimate built from the land bid, not a price list.
CDL and Woh Hup paid $709.3 million, or $1,455 psf ppr, awarded 5 February 2026.
One thing my model deliberately cannot capture: within a waterfront project, price dispersion between stacks is much wider than in an inland one. The average below is an average. The stack you actually want will sit well above it, and the stack you can afford may sit well below.
My model. Land cost is fact; every other line is a stated assumption. Nothing here is a price list.
| Line | $ psf | Where it comes from |
|---|---|---|
| Land | $1,455 | Confirmed — URA GLS tender, awarded 5 February 2026 |
| Construction | $600 | My assumption for a waterfront Rest of Central Region condominium in 2026 |
| Interest, marketing, fees, contingency | +15% | My assumption — finance over the build, agency, professional fees |
| Estimated breakeven | ≈ $2,363 | Land + build + soft costs |
| Developer margin | 12–22% | The normal band for a Singapore launch |
| Modelled launch average | $2,650–$2,880 | An estimate, not a price |
Swipe to see the full table →
Two things this model cannot know: the unit mix, and how hard the developer wants to clear the first weekend. A mix weighted to compact units lifts the average psf without changing the maths above; a developer under ABSD time pressure prices at the bottom of the band and moves stock. When CDL and Woh Hup releases the real price list I will publish it here and leave this estimate visible next to it, right or wrong.
The site
The site: 525 units on the basin
The parcel is 132,396 sq ft with an implied gross floor area of about 487,491 sq ft — a plot ratio near 3.68. Across 525 units that averages about 929 sq ft per home.
A plot ratio near 3.68 means high-rise, which on a waterfront site is the point: height is what converts a location into a view. Expect the tower orientation and the stack layout to be the most consequential thing in the whole floor plan pack.
At 525 units the maintenance base comfortably supports a full facilities deck. The mix has not been published; a 929 sq ft average suggests a conventional spread rather than a compact investor-weighted one.
Location
Where Tanjong Rhu Road GLS actually is
The site is on Tanjong Rhu Road in District 15, on the peninsula between the Kallang Basin and the Geylang River. It is a long-established residential enclave — mostly 1990s and 2000s waterfront condominiums — that spent decades being poorly served by public transport.
Tanjong Rhu station on the Thomson–East Coast Line changed that. Katong Park is one stop east toward Amber Road, and Stadium on the Circle Line sits across the basin for the Sports Hub and Kallang Wave Mall. The TEL runs from here to Orchard, Marina Bay and Gardens by the Bay on a single line.
For daily life, Katong and Joo Chiat are the food and character corridor to the east, East Coast Park is the weekend default, and the Kallang Riverside and Sports Hub developments are across the water. This is one of the better lifestyle addresses in the Rest of Central Region.
| Station | Line | Note |
|---|---|---|
| Tanjong Rhu | Thomson–East Coast Line (TE23) | The station that transformed this address |
| Katong Park | Thomson–East Coast Line (TE24) | Toward Amber Road and the East Coast |
| Stadium | Circle Line (CC6) | Across the basin, for the Sports Hub and Kallang Wave |
Swipe to see the full table →
Site coordinates for this parcel are 1.29730416, 103.87999484 — check the exact walk yourself before you rely on anyone's number, mine included.
Who is building it
Who is building it: CDL and Woh Hup
City Developments Limited is Singapore's largest listed residential developer, with a consistent record of pricing launches for take-up and delivering on schedule. In this pipeline it also holds Lucerne Grand, Peck Hay Road, Solano Grand EC and Wynwood Grand EC.
Woh Hup is one of Singapore's oldest and most respected main contractors, with a portfolio of technically demanding buildings behind it. Aurum Land, its property arm, has developed in its own right.
Having the contractor inside the ownership structure matters more than buyers usually credit. Construction cost inflation and programme slippage are what actually damage new launch projects, and this arrangement puts both inside one balance sheet.
Payment
What you actually pay, and when
This is a private condominium, so there is no eligibility gate — only stamp duty and financing.
| Stage | % of price | When |
|---|---|---|
| Booking fee | 5% | Booking day, by cheque. Buys the Option to Purchase |
| On signing the S&P | 15% | Within about 8–9 weeks, cash or CPF, plus stamp duties |
| Foundation | 10% | First progressive draw, typically loan-funded |
| Structure, walls, roof, wiring, car park | 40% | Drawn in five stages as construction progresses |
| TOP | 25% | On Temporary Occupation Permit |
| CSC | 5% | Held until the Certificate of Statutory Completion |
Swipe to see the full table →
Buyer's Stamp Duty is payable by everyone. Additional Buyer's Stamp Duty depends on how many residential properties you already hold and on your residency: 20% for a citizen's second property, 30% for a third, and 60% for foreign buyers at 2026 rates. Singapore Permanent Residents pay 5% on a first property. Work out your number on the ABSD calculator before the showflat, not after.
Alternatives
Tanjong Rhu Road vs the other eastern and city-fringe sites
These three sit within a few kilometres of each other on the eastern side of the city and will take overlapping buyers.
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
| Project | Where | Units | Land $ psf ppr | Expected launch | The honest difference |
|---|---|---|---|---|---|
| Kallang Close GLS | D12 Kallang · RCR | Not published | $1,415 | Est. Q3 2027 | 3% cheaper land across the basin — mixed-use, and a neighbourhood mid-transition rather than established |
| Bayshore Drive GLS | D16 Bayshore · OCR | Est. 1,600–1,800 | $1,323 | Est. 4Q 2027 | 9% cheaper land much further east, at several times the scale |
| Bedok Rise GLS | D16 Bedok · OCR | 380 | $1,330 | Est. Q1 2027 | 9% cheaper land, heartland rather than waterfront, on the East–West Line |
Swipe to see all columns →
Against Kallang Close the difference is 3% on land and a great deal on address: one side of the basin is established waterfront, the other is a regeneration story. Walk both sides before you decide which one you are actually buying.
Timeline
When Tanjong Rhu Road GLS launches, and how a launch actually works
| Milestone | Date | Status |
|---|---|---|
| Land tender awarded | 5 February 2026 | Confirmed |
| Showflat preview | Estimated Q2 2027 | Expected |
| E-application window | Announced about 2 weeks before booking | Expected |
| Booking day | Typically 1–2 weeks after preview opens | Expected |
| Estimated TOP | Not yet published | Expected |
Swipe to see the full table →
- Preview. The showflat opens, usually for around two weeks. Walking in costs nothing, and registering for the e-application costs nothing and commits you to nothing.
- E-application and ballot. If registered buyers outnumber units, a ballot sets the order in which people pick. Ballot position is luck. Being registered in time is not.
- Booking day. Bring a cheque and an in-principle loan approval. Five percent secures the unit. Hesitation costs you your stack.
- Sale and Purchase. Within about nine weeks you sign the S&P and pay the next 15% in cash or CPF, plus stamp duties. Progressive payments follow construction from there.
There is no countdown on this page and there never will be. The only real deadline in a launch is the e-application window, and I will tell you the day it is announced.
Common questions
Tanjong Rhu Road GLS: questions people actually ask
No price list exists. From the confirmed $1,455 psf ppr land cost, a $600 psf construction assumption and 15% for soft costs, breakeven lands near $2,363 psf, pointing to a launch average of roughly $2,650–$2,880 psf. On a waterfront site the spread between water-facing and inward stacks is much wider than that average suggests.
525 units on a 132,396 sq ft site, implying a plot ratio near 3.68 and an average of about 929 sq ft per home.
Tanjong Rhu on the Thomson–East Coast Line (TE23), with Katong Park (TE24) one stop east and Stadium (CC6) on the Circle Line across the basin. The TEL station is what changed this address — it was poorly served by rail for decades.
Yes, genuinely. The peninsula sits between the Kallang Basin and the Geylang River, with the Sports Hub and the city skyline across the water and East Coast Park to the east. Real waterfront is scarce in Singapore and this is not a canal with a marketing name attached.
City Developments Limited with Woh Hup, one of Singapore's oldest main contractors. Having the builder inside the ownership structure meaningfully reduces delivery and cost-inflation risk.
Around the second quarter of 2027 is the current expectation. No preview date is confirmed. Register and I will send it the day it is announced.
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Keep reading
- The full 2026–2027 launch pipeline — every confirmed site, with land bids
- All project pages on this site
- How developers actually price a launch — the maths behind the psf
- New launch vs resale — which one wins on your numbers
- Buying a resale condo — the alternative worth pricing against