Located at 18-22 Yew Siang Road, the 72-unit condominium is up for sale via public tender with a reserve price of $365 million.
Flynn Park, a 72-unit freehold condominium at 18-22 Yew Siang Road, has been put up for sale via public tender—its second collective sale attempt —with a reserve price of $365 million.
Located about 350m from Pasir Panjang MRT station, the development occupies a 208,443 sq ft site zoned for “Residential” use under the 2019 Master Plan with a gross plot ratio of 1.4.
Exclusive marketing agent Savills Singapore noted that the $365 million reserve price works out to $1,284 per plot ratio (ppr), including a 7% bonus gross floor area (GFA) for balconies.
Based on URA’s development baseline reply, the development charge payable, inclusive of bonus balconies, is about $36 million.
The site could be redeveloped into a new upscale, low-density development of up to 271 units averaging 100 sq m.
Sunil Guliani, Chairman of the Collective Sales Committee, shared that the Circle Line MRT has tremendously improved the development’s accessibility.
“Most of the owners will be sad to move out but Flynn Park is getting older and there are more maintenance issues to deal with these days. It is time to go en bloc,” he said.
Savills pointed that Flynn Park is also close to landmarks such as Sentosa, Mapletree Business Park, the Keppel Marina, and amenities like Pasir Panjang Food Centre, Vivo City, and Alexandra Retail Centre.
Moreover, the area is set to benefit from the future Greater Southern Waterfront, which stretches “across 30km of southern coastline from Pasir Panjang to Gardens by the Bay”.
“We are very excited to present this exceptional opportunity to acquire a large freehold site at the fringe of the city centre and just 350m from the MRT Station, yet right next to lush and matured nature parks,” said Galven Tan, Deputy Managing Director of Investment Sales and Capital Markets at Savills.
“Such prime mid-sized sites are exactly what developers are seeking. Furthermore, once completed in 2025, the Circle Line will connect the new development to Marina Bay Financial District in just seven stops.”
He revealed that several developers had already expressed keen interest in the site.
The tender for Flynn Park closes on 9 September.
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Cheryl Chiew, Digital Content Specialist at PropertyGuru, edited this story. To contact her about this story, email: cheryl@propertyguru.com.sg
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Best Breakthrough Developer: Apex Asia Development Pte. Ltd.
Singapore’s development sector is not an easy place for a new name to make an impression. Land supply is limited, competition for sites is dominated by long-established players, and trust is built over years of delivery rather than ambition alone.
Against this backdrop, Apex Asia Development has emerged as a company moving with intent, measured in scale, selective in opportunity, and confident enough to carve out a place for itself in one of Asia’s most mature real estate markets. Its win as Best Breakthrough Developer at the PropertyGuru Asia Property Awards (Singapore) 2025 signals that its early decisions are resonating at industry level.
Apex Asia Development is part of a broader group with interests in development, hospitality and property management. That foundation gives the company a wider lens than most early-stage developers: it approaches projects not simply as assets to be delivered, but as properties that must be operated, tenanted and maintained over time. This integrated perspective is increasingly valuable in a market where mixed-use buildings, lifestyle concepts and asset repositioning are becoming more common than straightforward greenfield developments.
The company’s early momentum has been defined by projects that reflect this flexibility. Artisan 8 by Apex Asia (2) Pte. Ltd. introduced a lifestyle-led residential concept aimed at buyers looking for compact, design-forward units with a neighbourhood sensibility. At the same time, Food Point @ Tai Seng illustrated Apex Asia’s ability to work with industrial spaces — a sector where repositioning older assets requires both operational know-how and a careful reading of tenant demand. Together, these projects show a developer comfortable moving between asset types and responding to different segments of the market.
A significant step came in 2024 with the group’s acquisition of a major portion of Sin Ming Centre for S$49 million, a move that revealed both ambition and confidence. Taking on a mature, tenant-occupied property demands organisational discipline: it requires planning for phased upgrades, tenant relations, leasing strategy and long-term asset enhancement. For a young developer, this willingness to engage with complexity rather than rely solely on small, straightforward plots marks a notable point of differentiation.
These moves hint at the kind of developer Apex Asia is positioning itself to become. Instead of chasing scale prematurely, it has focused on reading the market for where smaller, well-targeted interventions can create value — lifestyle pockets ready for uplift, ageing industrial assets that can be modernised, and mixed-use environments where residential and commercial needs overlap. It is a quieter form of ambition, but a more sustainable one for a company building its name from the ground up.
Breaking through in Singapore requires both confidence and caution. The company’s early portfolio suggests it understands this balance: projects are selected selectively; execution is prioritised; and the brand is being built through delivery rather than marketing alone. The firm’s ethos — centred on partnership, reliability and “innovating for tomorrow” — aligns with this approach and helps anchor its identity as it expands.
Looking ahead, Apex Asia appears well placed to operate in a market where flexibility is becoming an advantage. Demand for lifestyle-oriented homes is rising, industrial redevelopments are gaining prominence as the economy evolves, and mixed-use concepts continue to blur boundaries between how people live, work and gather. With a Q1 2026 launch at Dairy Farm Walk and boutique projects such as Artisan 8 advancing through the pipeline, the group’s agility and design awareness position it to build meaningful presence without competing directly with larger developers for headline sites.
The Best Breakthrough Developer award acknowledges a company that has chosen its steps carefully, executed with discipline and shown an ability to move confidently through a competitive landscape. In a market dominated by long-standing names, Apex Asia Development is shaping its own path, and its early progress suggests it is a developer worth watching.
Singapore’s launch cycle can be unforgiving. Prices, policy and sentiment move quickly, yet UOL Group Limited has built its residential reputation on something more durable: consistency. Across economic cycles, neighbourhood shifts and changing buyer expectations, the company has shown a steady instinct for anticipating what residents value in a home.
Its Best Residential Developer award at the PropertyGuru Asia Property Awards (Singapore) 2025 reflects a deep understanding of how Singaporeans live, and an ability to design homes that align with those rhythms with remarkable precision.
Where others lean on branding or architectural spectacle, UOL’s residential identity is grounded in clarity. Its developments are shaped around strong layouts, sensible stacking, natural ventilation and well-scaled communal spaces. These are essential qualities that often get overshadowed by marketing-driven features, yet they are the ones residents feel every day. For UOL, the fundamentals are not background considerations; they are the product.
This instinct came through strongly in Pinetree Hill, launched in 2024 to more than 1,500 preview visitors. Located within a well-loved school belt and surrounded by greenery, the project reflects UOL’s knack for reading demographic demand — families seeking long-term stability, proximity to education clusters and neighbourhoods that balance privacy with community. The design carries UOL’s trademarks: intuitive layouts, comfortable distances between blocks and greenery that shapes the development’s microclimate rather than decorates it.
Earlier launches show the same pattern. AMO Residence’s near-sellout launch day in 2022 was not just a market phenomenon; it was evidence of UOL’s ability to identify under-served demand in a mature district. Its placement beside Mayflower MRT and within a familiar heartland setting created an everyday convenience that resonated with buyers looking for homes that work across life stages. The development reinforced a simple truth: when UOL builds in a neighbourhood, it tends to crystallise underlying demand.
Avenue South Residence demonstrates a different kind of foresight. Positioned next to the Rail Corridor and at the fringe of the future Greater Southern Waterfront, it showed UOL’s readiness to commit to emerging areas before their full potential was visible. That early conviction has since proved correct, with the precinct now evolving into one of Singapore’s most closely watched transformation zones. The project underlines UOL’s ability not just to follow neighbourhood momentum, but to help define it.
The company’s range across the residential spectrum is equally notable. Clavon, completed in 2022 and fully sold, offered a pragmatic, family-focused option in Clementi, a development built around comfort and familiarity rather than bold statements. Meyer House on the East Coast, on the other hand, delivered a highly design-led, low-density living environment aimed at residents who value privacy and refinement. Few developers move so easily between mass-market launches and discreet luxury without losing their core design identity.
Across these projects, a common thread runs through UOL’s approach: homes shaped around the lived experience. Natural light is treated as an organising principle. Cross-ventilation is built into layouts. Communal decks feel usable rather than ornamental. Service yards, storage and circulation are positioned where residents intuitively expect them to be. These quiet considerations rarely appear in brochures, yet they define the day-to-day comfort of a well-designed home.
UOL’s strength also lies in the calibre of its partnerships, from long-term collaborators such as Singapore Land and Kheng Leong to architectural practices known for clarity and proportion. Good partners reinforce good instincts, and UOL’s residential portfolio reflects an accumulated expertise that shows up in the built work.
The company’s developments tend to hold their quality long after handover, supported by management standards that sustain the lived environment. In an era of rising maintenance expectations and tighter cooling measures, this long-term view matters. Buyers today look for homes that retain value, not just financially, but in comfort, durability and neighbourhood relevance. UOL’s track record across multiple districts illustrates an ability to deliver on that promise.
Looking ahead, the group appears well positioned for a market where expectations are shifting. Families are prioritising proximity to transport nodes and schools; hybrid work has increased the importance of light, spatial efficiency and quiet corners within the home; younger buyers are rediscovering the appeal of neighbourhood identity. UOL’s approach aligns naturally with these transitions. Its upcoming launches and redevelopment pipeline continue to emphasise livability, clarity and the fundamentals that have kept the group at the centre of Singapore’s residential landscape.
Buyers today look for homes that hold their value in more than one sense: financially, of course, but also in comfort, durability and neighbourhood fit. UOL’s projects across different districts show how often it manages to meet that brief. The 2025 recognition formalises a reputation many owners have already formed that when UOL builds in a neighbourhood, it tends to stay relevant long after the launch banners come down.
