Kallang Close GLS Future New Launch Condo in Kallang / City Fringe

Latest Update (10 Apr 2026): The Urban Redevelopment Authority (URA) has officially awarded the Kallang Close GLS site to Frasers Property Phoenix Pte. Ltd. and MJR Investment Pte. Ltd. with a winning bid of $610,750,000 (equivalent to $15,231.43 psm of GFA).

The site was launched for tender on 8 December 2025 and the tender closed on 7 April 2026. It is offered on a 99-year leasehold tenure.

Register your interest to receive updates on the future project name, floor plans, pricing and preview timeline once available.

This page provides an early overview of the Kallang Close GLS site, including location context, site positioning and what buyers may want to monitor as the project progresses towards launch.

Key Highlights

GLS site awarded on 10 April 2026
Located in the Kallang city fringe area
99-year leasehold private residential site
Successfully awarded to Frasers Property Phoenix Pte. Ltd. and MJR Investment Pte. Ltd.
Winning bid of $610.75 million

Location & Connectivity

Kallang Close is located within the city fringe, offering buyers access to a well-connected urban location with strong transport links and proximity to lifestyle amenities.

The area may appeal to buyers who want to stay close to the city while still having access to established residential neighbourhoods, MRT connectivity and future transformation within the broader Kallang precinct.

Location takeaway: Kallang Close is a city-fringe GLS site that may appeal to buyers looking for a future new launch with accessibility, convenience and long-term redevelopment potential.

What This GLS Site Means for Buyers

With the tender now officially awarded, Kallang Close becomes one of the confirmed future private residential developments to watch in the city fringe.

Buyers can monitor this project early, compare it against other upcoming launches and prepare financially before preview details are released.

Estimated Pricing & Market Positioning

With a land bid of $15,231.43 psm of GFA, the Kallang Close GLS site is likely to be positioned as a city-fringe new launch with pricing that reflects its location and urban accessibility.

Final launch pricing will depend on construction costs, product positioning, unit mix and market conditions closer to launch.

Buyers may want to monitor how the developer positions the project relative to other city-fringe launches in nearby districts.

Planning ahead? Refer to Housing Loan Guide and Stamp Duty Guide to better understand your financial readiness before launch.

Who This Project May Appeal To

Buyers looking for a future city-fringe new launch
Owner-occupiers who value central accessibility
Investors monitoring upcoming private housing supply in Kallang
Buyers who want to enter a project at an early stage before official launch

What Buyers Should Watch Next

Official project name and branding
Indicative launch pricing
Unit mix and layout design
Preview and booking timeline

Related Buyer Guides

Factsheet

Name	Kallang Close GLS
Type	Residential Condominium
Developer	Frasers Property Phoenix Pte. Ltd. and MJR Investment Pte. Ltd.
Address	Kallang Close
District	Kallang / City Fringe
Tenure	99-Year Leasehold
Site Area	11,456.3 sqm
Maximum Permissible GFA	40,098 sqm
GLS Status	Tender Awarded
Successful Tenderer	Frasers Property Phoenix Pte. Ltd. and MJR Investment Pte. Ltd.
Winning Bid	$610,750,000
Land Rate	$15,231.43 psm of GFA
Tender Award Date	10 April 2026
Estimated Preview Timeline	To be announced

Your Early Access Starts Here

Register your interest to receive early updates on developer bids, pricing direction, and preview timelines — with no obligations.

Press Coverage

Source : https://www.ura.gov.sg/Corporate/Media-Room/Media-Releases/pr26-29

Tender award for URA sale site at Kallang Close

The Urban Redevelopment Authority (URA) has awarded the tender for the site at Kallang Close to the highest tenderer, Frasers Property Phoenix Pte. Ltd. and MJR Investment Pte. Ltd.

The site at Kallang Close was launched for tender on 8 December 2025. The tender closed on 7 April 2026 and the site was offered on a 99-year lease term.

Location	Allowable Development	Site Area	Maximum GFA	Successful Tenderer	Tendered Price
Kallang Close	Residential	11,456.3 sqm	40,098 sqm	Frasers Property Phoenix Pte. Ltd. and MJR Investment Pte. Ltd.	$610,750,000 ($15,231.43 psm of GFA)

*Source: Urban Redevelopment Authority (URA)