Dover Drive mixed-use GLS site attracts 6 bids with the top offer of S$1,556 psf ppr

The Urban Redevelopment Authority (URA) has closed the tender for the Dover Drive (previously Dover Road) GLS site on 26 March 2026, which could yield about 625 private homes alongside 3,550 sqm of commercial space, including 550 sqm set aside for early childhood use. The mixed-use plot drew strong interest, supported by its location within the emerging Dover–Medway precinct, the limited supply of private housing in the area, and the longer-term transformation of the Greater One-North district.

Dover Drive GLS tender result

The top bid of S$1,556 psf ppr sets a new benchmark for the one-north area. It stands well above the land rates seen in recent GLS tenders nearby, signalling a step-up in how developers are pricing this location today. Looking more broadly, this is also the second-highest land rate ever recorded for a residential GLS site in the Rest of Central Region (RCR), just behind the Jiak Kim Street site, which fetched S$1,733 psf ppr back in 2017.

The top bidder, Qingjian and its partners, are already active in the one-north precinct. They previously secured two sites at Media Circle, which are now being developed into Bloomsbury Residences and the upcoming Hudson Place Residences. This latest move suggests a clear strategy to deepen their footprint in the district.

Their willingness to bid decisively for the Dover Drive plot likely reflects both confidence in the area’s growth trajectory and familiarity with buyer demand in one-north. Having already established a presence nearby, the developer is in a stronger position to price, position, and differentiate its future projects.

At the same time, this site marks the first private residential plot to be launched in the new Dover–Medway neighbourhood. That alone gives it a certain first-mover advantage. Developers may see this as an opportunity to shape the identity of the precinct early on, and to establish a benchmark for future launches in the area.

About the Dover Drive mixed-use plot

Among the sites released under the 2H2025 GLS programme, Dover Drive stands out for its scale. It carries the highest estimated residential yield, with around 625 units, alongside the retail space at the ground level. This mix positions it as one of the more substantial and self-contained developments in the pipeline.

The site itself has a relatively recent history. It was part of the Selectively En bloc Redevelopment Scheme (SERS), covering several blocks from the former Dover Estate that were cleared between 2018 and 2019. Its redevelopment now marks a transition from an older housing cluster into a new, higher-density mixed-use precinct.

Location remains its strongest draw. Sitting next to one-north MRT station, the site is embedded within Singapore’s research and innovation corridor. The wider one-north area supports a workforce of over 50,000 professionals across hubs such as Fusionopolis, Biopolis, and Mediapolis. This gives the future development a ready tenant pool, while also appealing to owner-occupiers who prefer shorter, more convenient commutes.

Looking ahead, the site also ties into a broader transformation story. In the Draft Master Plan 2025, the Urban Redevelopment Authority identified Dover–Medway as a key precinct for renewal within the Greater one-north area. Plans for the neighbourhood include around 6,000 new homes, supported by green spaces and community amenities. The release of the Dover Drive plot in November 2025 fits directly into this vision, setting the foundation for the next phase of growth in the district.

Robust take-up of recent nearby launches

Recent launch performance around one-north likely shaped how developers approached the Dover Drive site. Unsold private housing stock in the area has thinned considerably, with projects such as Blossoms by the Park, The Hill @ One-North, and LyndenWoods in Singapore Science Park already close to fully sold. This tightening supply backdrop points to sustained absorption and limited immediate competition.

Among these, LyndenWoods stands out. The project moved 94% of its 343 units on launch day in July 2025, marking one of the strongest take-up rates in recent years. Located within Singapore Science Park, it also represents the first private residential development in the area, reinforcing the depth of demand from buyers who want to live near the research and business ecosystem.

While LyndenWoods is purely residential, it benefits from direct access to the Geneo lifestyle hub via an underground connection. Even so, the upcoming Dover Drive project could take this a step further. With 3,000 sqm of retail space integrated within the development, it offers a more self-contained living environment, which may appeal to both owner-occupiers and investors who prioritise convenience.

Nearby, Bloomsbury Residences in Mediapolis has also seen steady progress. Since its launch in April 2025, it has sold about 78% of its units, based on caveat data. Although it is also a mixed-use development, its retail component is smaller at around 400 sqm.

Against this backdrop, the Dover Drive site enters the market at a time when demand has already been tested and proven. The combination of limited remaining supply, strong recent take-up, and a more substantial retail offering could position it as a compelling next option for buyers looking at the one-north area.

What to expect from the upcoming Dover Drive condo

With the top bid coming in at S$1,556 psf ppr, early estimates suggest that the future project could see average selling prices crossing S$2,900 psf. This places it firmly within the upper tier of new launches in the Rest of Central Region, reflecting both the site’s location and its mixed-use positioning.

Connectivity will be one of its strongest selling points here. Residents will be just steps from one-north MRT station, while Buona Vista MRT station sits nearby, linking both the Circle and East-West lines. This allows for direct access to the CBD, Orchard Road, and key employment hubs in the west. For those who drive, the Ayer Rajah Expressway and Pan-Island Expressway provide convenient routes across the island.

The location also stands out for its education cluster. Within close proximity are well-regarded institutions such as Fairfield Methodist School, Anglo-Chinese School (Independent), and Anglo-Chinese Junior College. The presence of the National University of Singapore, alongside international schools like United World College (Dover Campus) and Dover Court International School, further strengthens its appeal for families.

Lifestyle options are equally well-covered. Residents can easily access Rochester Mall, The Star Vista, and Holland Village, which offer a mix of dining, supermarkets, and retail. For more local fare, Ghim Moh Market is a short drive away. Green spaces such as one-north Park and Kent Ridge Park also provide nearby options for recreation and outdoor activities.

Looking ahead, the project is well-positioned to benefit from the continued growth of the Dover–one-north area. As the district expands with new research facilities, housing, and community spaces, demand for homes nearby is likely to remain resilient. Coupled with its integrated retail component, the Dover Drive development could stand out against purely residential projects, offering both convenience and longer-term investment potential.

Stay updated with the latest news and insights on Singapore’s new launch market here.

The post Dover Drive mixed-use GLS site attracts 6 bids with the top offer of S$1,556 psf ppr appeared first on .