AI-synthesised
River Valley GLS Top Bid Breaks Record; BTO, Resale Two-Bedders in Focus
Published 19 June 2026 · Covers news from 18 Jun to 19 Jun
A joint venture submitted a $750.6 million top bid for the last River Valley GLS site, setting a new land rate record for the precinct at $1,730 psf ppr. Separately, resale two-bedders are drawing wider buyer interest while HDB launches 6,952 flats in the June 2026 BTO exercise.
- A joint venture between Sunway MCL and CSC Land Group placed the top bid of $750.6 million ($1,730 psf ppr) for River Valley Green (Parcel C), the final GLS site in the Great World area. All four bids exceeded $700 million, setting a new land rate record for the River Valley and Zion precinct; the top bid was reported to be 22% higher than the previous tender for a comparable site in the area. [4]
- Stacked Homes reports that resale two-bedders are attracting a broader buyer pool in 2026, driven by rising overall quantums, shrinking household sizes, and more efficient unit layouts — though the analysis notes not all projects will benefit equally. [2]
- HDB launched 6,952 flats across 7 projects in the June 2026 BTO exercise, according to 99.co; EdgeProp separately identifies what it characterises as the hottest and coolest picks across the June and October BTO launches. [6][9]
- Waterview in Tampines posted the strongest two-bedder returns in its cluster over 10 years, averaging 34.4% gains and approximately $301,000 per transaction across 23 deals, according to Stacked Homes — notable given the project is not located near an MRT station. [5]
- ERA Real Estate argues that conditions could support a comeback in en bloc sales in Singapore's property market, though the article does not cite specific concluded transactions or official data to support the outlook. [7]
Sources
- [2]Why Resale Two-Bedders Are Becoming More Attractive To Singapore Buyers In 2026
Stacked Homes · 18/06/2026
- [4]The Last River Valley GLS Site Just Closed — And The Top Bid Was 22% Higher Than The Previous Tender
Stacked Homes · 18/06/2026
- [5]This Condo Beat Almost Every Other Tampines Project For 10 Years, And It Wasn’t Even Near An MRT
Stacked Homes · 18/06/2026
- [6]June BTO 2026: HDB launches 6,952 flats across 7 projects in the June BTO exercise - 99.co
Google News — Singapore property · 18/06/2026
- [7]
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.