AI-synthesised
Novena Freehold Condo, GLS Sites, and HDB Scheme Review Headline Week
Published 30 September 2026 · Covers news from 29 Sept to 30 Sept
A clutch of supply-side news dominates this week: a new freehold condo launches in Novena, two GLS sites are released for East Coast and Serangoon North, and HDB is reviewing a resale scheme after a $2.18m jumbo flat sale drew public scrutiny.
- The Serra Residences (Novena) is a 133-unit freehold project by Far East Organisation with no one-bedroom units, previewing 2 October and launching for sale on 16 October 2026 — a relatively rare unit-mix decision that signals a deliberate focus on larger household buyers [1].
- Five freehold shophouses on Owen Road, near Farrer Park MRT, are on the market as a single lot for S$33 million (approximately S$1,902 psf), with co-living tenants already in place, offering an income-generating commercial-residential asset in the Little India/Farrer Park corridor [2].
- Two new Government Land Sale (GLS) sites have been released: an East Coast Road plot on the Confirmed List capped at roughly 85 units, and a larger 87,036 sq ft Serangoon North View site on the Reserve List — the latter only triggered if a developer submits an acceptable bid [3].
- HDB is reviewing the scheme that allowed a Telok Blangah jumbo flat to transact at S$2.18 million, following public concerns about affordability and policy intent, according to AsiaOne reporting [4].
- The Owen Road shophouse listing and the Serra Residences launch both involve freehold assets in the District 8/District 11 belt, reflecting continued seller and developer appetite for freehold tenure as a marketing differentiator in the current market [1] [2].
Sources
- [1]The Serra Residences Is Launching In Novena — A Rare 133-Unit Freehold Condo With No 1-Bedders
Stacked Homes · 29/09/2026
- [2]
- [3]
- [4]$2.18m Telok Blangah jumbo flat: HDB reviewing scheme following public concerns, Singapore News - AsiaOne
Google News — Singapore property · 25/09/2026
Note: This insight was AI-synthesised from the sources above. SifuProperty does not predict prices or recommend buy/sell timing. For decisions on a specific property, talk to a CEA-registered agent. Nothing here is financial or investment advice.