Tanjong Rhu Road GLS Tender Awarded New Launch Condo in District 15 (Tanjong Rhu)
Latest Update (Apr 2026):
The Tanjong Rhu Road GLS site has been successfully awarded by URA to
CDL Constellation Pte. Ltd. and Bedrock Ventures Pte. Ltd. with a winning bid of
$709.252 million.
This 99-year leasehold residential site is expected to yield around
525 units, making it one of the more closely watched upcoming waterfront launches in the city-fringe market.
Register your interest to receive updates on project name, pricing and preview timeline once available.
This page provides an early analysis of the Tanjong Rhu Road GLS site following the land tender award, including location context, land bid implications and what buyers can expect before the official project launch.
Key Highlights
- Tender awarded to CDL Constellation Pte. Ltd. and Bedrock Ventures Pte. Ltd.
- Winning bid of $709.252 million
- Estimated yield of about 525 units
- Located in Tanjong Rhu near Kallang Basin and Marina Bay
- Rare waterfront city-fringe residential site near Tanjong Rhu MRT
Location & Connectivity
The Tanjong Rhu Road GLS site is located within the established Tanjong Rhu enclave, a highly sought-after waterfront city-fringe neighbourhood that connects residents conveniently to Marina Bay, Kallang and the Central Business District.
This location offers a rare balance of waterfront living, central accessibility and lifestyle appeal, supported by proximity to the Kallang Basin, Singapore Sports Hub and scenic riverfront surroundings.
Location takeaway: Tanjong Rhu is positioned as a rare waterfront city-fringe location with strong lifestyle appeal and MRT connectivity, making it relevant for both own-stay buyers and long-term investors.
What This GLS Site Means for Buyers
With the land parcel now awarded, Tanjong Rhu Road becomes one of the confirmed upcoming residential launches in a location where fresh private housing supply is relatively limited.
For buyers, this provides an opportunity to plan early, especially for those considering a waterfront city-fringe home with strong long-term positioning near Marina Bay and the Kallang precinct.
Land Bid Analysis & Pricing Implications
The site was awarded at $709,252,000, which works out to approximately $15,661.62 per sqm of GFA.
This land cost forms the foundation of the future project's pricing, alongside construction cost, design positioning and prevailing market conditions at launch.
What this means: Buyers can expect pricing to reflect both the site's rare waterfront setting and its positioning within the premium city-fringe residential market.
Estimated Pricing & Market Positioning
Given its waterfront setting, MRT accessibility and proximity to Marina Bay, this project is likely to be positioned as a premium city-fringe development appealing to both own-stay buyers and investors.
Limited new supply in the immediate Tanjong Rhu enclave may further support pricing resilience, especially if the final project is launched with strong design and efficient unit configurations.
Planning your budget early? You may refer to Housing Loan & Affordability Guide and Stamp Duty Guide to better understand the financial commitment before launch.
Developer Background
The site was awarded to CDL Constellation Pte. Ltd. and Bedrock Ventures Pte. Ltd., whose final project positioning, product strategy and branding will influence how this development is brought to market.
With the land parcel now secured, buyers can expect more details to emerge over time regarding project concept, unit mix and eventual launch strategy.
Who This Project May Appeal To
- Own-stay buyers seeking a waterfront city-fringe home
- Families looking for a premium location near the city and lifestyle amenities
- Investors targeting long-term transformation potential around Kallang and Marina Bay
- Buyers comparing premium OCR / RCR fringe-core new launches
What Buyers Should Watch Next
- Official project name announcement
- Indicative launch pricing
- Unit mix and layout release
- Preview timeline and booking period
Related Buyer Guides
Factsheet
| Name | Tanjong Rhu Road GLS |
| Type | Condominium |
| Developer | CDL Constellation Pte. Ltd. and Bedrock Ventures Pte. Ltd. |
| Address | Tanjong Rhu Road |
| District | District 15 - Tanjong Rhu / East Coast |
| Tenure | 99-Year Leasehold |
| Site Area | 12,239.3 m² |
| Maximum Permissible GFA | 45,286 m² |
| Estimated Total Units | Approximately 525 Units |
| Max Building Height | 95m to 100m SHD |
| GLS Status | Tender Awarded |
| Successful Tenderer | CDL Constellation Pte. Ltd. and Bedrock Ventures Pte. Ltd. |
| Winning Bid | $709,252,000 |
| Tender Launch Date | 26 November 2025 |
| Tender Close Date | 5 February 2026 |
| Estimated Preview Timeline | To be announced |
Press Coverage
Source : https://www.ura.gov.sg/Corporate/Media-Room/Media-Releases/pr26-09
Tender award for URA sale site at Tanjong Rhu Road
The Urban Redevelopment Authority (URA) has awarded the tender for the site at Tanjong Rhu Road to the highest tenderer, CDL Constellation Pte. Ltd. and Bedrock Ventures Pte. Ltd.
The site was launched for tender on 26 November 2025 and the tender closed on 5 February 2026. It is offered on a 99-year lease term.
| Location | Allowable Development | Site Area | Maximum Permissible GFA | Successful Tenderer | Tendered Price |
| Tanjong Rhu Road | Residential | 12,239.3 m² | 45,286 m² | CDL Constellation Pte. Ltd. Bedrock Ventures Pte. Ltd. |
$709,252,000.00 ($15,661.62) |
Your Early Access Starts Here
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Press Coverage
Source : https://www.ura.gov.sg/Corporate/Media-Room/Media-Releases/pr26-09
Tender award for URA sale site at Tanjong Rhu Road
1. The Urban Redevelopment Authority (URA) has awarded the tender for the site at Tanjong Rhu Road to CDL Constellation Pte. Ltd. and Bedrock Ventures Pte. Ltd.
2. The site at Tanjong Rhu Road was launched for tender on 26 November 2025, and the tender closed on 5 February 2026. The site was offered for sale on a 99-year lease term.
3. Details of the awarded site and the successful tenderer are provided below:
| Location | Allowable Development | Site Area | Maximum Permissible GFA | Successful Tenderer | Tendered Price |
| Tanjong Rhu Road | Residential | 12,239.3 m² | 45,286 m² |
CDL Constellation Pte. Ltd. Bedrock Ventures Pte. Ltd. |
$709,252,000.00 ($15,661.62)
|