The deal is the largest collective sale site to have sold this year. Photo: Savills Singapore
Flynn Park at 18-22 Yew Siang Road has been sold via en bloc sale for $371 million to a joint venture between Hoi Hup Realty and Sunway Developments.
The sale price works out to about $1,355 per plot ratio (ppr) or $1,318 ppr after taking into account the 7% bonus balconies.
Savills Singapore, which brokered the sale, said the deal is the largest collective sale site to have sold this year.
Featuring 72 apartment units, Flynn Park occupies a 208,443 sq ft freehold site that is zoned for “Residential” use under the 2019 Master Plan with a plot ratio of 1.4.
Galven Tan, Deputy Managing Director of Investment Sales and Capital Markets at Savills Singapore, said the tender exercise for the development was keenly contested.
“The result is testament to the strong attributes of the site – the unique opportunity to develop a premium product at the fringe of the city centre and just 350m from the MRT Station, yet right next to lush and matured nature parks,” he said.
Wong Swee Chun, Chairman and Managing Director of Hoi Hup Realty, described Flynn Park as a rare hillside plot.
“It is tranquil, lush and green, yet enjoys proximity to the MRT network and is minutes to the city. It will also benefit greatly from its adjacency to the new Southern Waterfront development,” he said.
“We look forward to developing a premium product on this unique site.”
Looking for a property in Singapore? Visit PropertyGuru’s Listings, Project Reviews and Guides.
Victor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this story, email: victorkang@propertyguru.com.sg
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Why More Singaporeans Are Eyeing Malaysian Properties in 2024 — And Where They're Buying
If you’ve ever looked across the border for more space, better value, or a second home, you’re not alone.
In 2024, a growing number of Singaporeans are actively exploring Malaysian properties, particularly in Johor Bahru. With home prices rising at home, many are looking to Malaysia for larger living spaces, retirement planning, weekend homes, or investment opportunities.
What’s changed? A combination of improving connectivity, favourable exchange rates, and real lifestyle perks has made Malaysian developments more appealing than ever. And thanks to data from top property portal in Malaysia: PropertyGuru and iProperty, we now know exactly which developments are catching the most attention from Singapore-based users.
Introducing the Consumer Demand Awards – Backed by Real Search Data
To spotlight the most sought-after Malaysian developments, PropertyGuru Asia Property Awards Malaysia launched the Consumer Demand Awards — the first awards in the region powered entirely by user demand data.
Unlike traditional industry awards, these winners were chosen based on actual listing views and enquiries from real users, including Singapore-based seekers, throughout the 2024 calendar year.
And the data is telling a clear story: Singaporeans are actively exploring Malaysian properties that deliver a blend of lifestyle, location, and long-term value.
R&F Princess Cove by R&F Development, a landmark integrated development on the Johor Bahru waterfront, stood out as the most searched Malaysian high-rise among Singaporean users—and for good reason. Located just minutes from the Causeway and future RTS Link, its stunning sea views, lifestyle amenities, and prime accessibility have made it a clear favourite for both homebuyers and investors. With consistently high rental demand, Princess Cove also offers investors strong income stability, knowing their units are unlikely to stay vacant in this strategic location.
But interest wasn’t limited to high-rise urban living. Leisure Farm by Mulpha International, a prestigious landed enclave in Iskandar Puteri, also emerged as a top performer—especially among affluent Singaporeans seeking privacy, space, and status. Known for its serene surroundings, gated security, and luxury lifestyle offerings, Leisure Farm drew high engagement as the most searched Malaysian bungalow development by Singaporeans in 2024. Often likened to Sentosa Cove or Bukit Tunku, its reputation as a discreet, high-net-worth retreat adds to its enduring cross-border appeal.
From sea-facing condos with proven rental upside to lush, landed estates that double as lifestyle statements, the 2024 Consumer Demand Awards reveal where Singaporeans are clicking most—and what defines a truly desirable home across the Causeway.
Singaporeans are drawn to resort-style homes near the Causeway. R&F Princess Cove stands out with its sea views, urban convenience, and high-rise gated living—ideal for both investors and residents. Meanwhile, demand for exclusive landed estates like Leisure Farm shows a rising preference for green space, privacy, and prestige.
2. Cross-Border Convenience
Easy access to the Causeway and future RTS Link remains a top priority. R&FPrincess Cove offers unmatched proximity, while Leisure Farm appeals to those seeking highway connectivity for retirement or weekend living.
3. Space & Elevated Living
Condo buyers want premium facilities, modern layouts, and lifestyle perks—needs met by developments like R&FPrincess Cove. Those wanting more privacy are turning to gated bungalows in townships like Leisure Farm, where luxury and space are central.
4. Strong Investment Logic
R&FPrincess Cove’s strategic location and strong rental demand make it a stable choice for investors. At the same time, exclusive bungalows like Leisure Farm are gaining traction as lifestyle-led investments that reflect both wealth and long-term vision.
Should You Be Looking Across the Border Too?
If you’ve been considering buying in Malaysia—whether for lifestyle, retirement, or investment—now is the time to take a closer look. The data shows a clear trend: Singaporeans are searching, shortlisting, and acting on the right developments across the Causeway.
Start your journey by exploring the top-searched, consumer-approved developments on PropertyGuru Malaysia. With the right property, your next move could be just one bridge away.
In a year where the Outside of Central Region (OCR) new launches are increasingly breaching S$2,300 psf, Canberra Crescent Residences’ indicative price of S$1,880 psf offers a strong value proposition. Is this project one of the best picks this year for price-conscious buyers? Let’s dive into the details! Canberra Crescent Residences launching on August 2…
