River Valley Green Parcel B Secured by GuocoLand with S$627.8 Million Bid
Prime Residential Site Next to Great World MRT
River Valley Green Parcel B site’s top bidder – GuocoLand has secured the prime District 9 land for S$627.8 million. This translates to S$1,420 per square foot per plot ratio (psf ppr), placing the developer in a strategic position to expand its presence in one of Singapore’s most sought-after locations.
Located next to Great World MRT Station on the Thomson-East Coast Line, the site offers seamless connectivity to Orchard, Marina Bay, and the CBD, making it an attractive choice for both homebuyers and investors.
River Valley Green Parcel B Key Details
•Land Size: 126,325 sq ft
•Zoning: Residential with commercial use on the first floor
•Gross Floor Area (GFA): 442,138 sq ft
•Estimated Number of Units: Around 530 new homes
This prime freehold site is set to be transformed into a luxury residential development, leveraging GuocoLand’s track record of delivering high-quality projects.
Why River Valley Green is a Hotspot for Development
The River Valley precinct has seen growing interest from developers due to its central location, lifestyle amenities, and strong rental demand.
1. Unmatched Connectivity
•Great World MRT is just minutes away, linking residents directly to Orchard Road, Marina Bay, and Changi Airport.
•Well-served by major roads and expressways for effortless commuting.
2. Lifestyle & Shopping Hubs
•Close to Great World City and Valley Point Shopping Centre, offering retail, dining, and entertainment options.
•Near Robertson Quay and the Singapore River, providing an array of restaurants and nightlife.
3. Strong Demand from Buyers & Investors
•Prime location in District 9, a preferred residential area.
•Proximity to top schools such as River Valley Primary School enhances its appeal for families.
GuocoLand’s Expansion Strategy
GuocoLand has been actively acquiring prime sites to develop high-end residential projects that cater to modern urban dwellers. The developer’s confidence in this S$627.8 million acquisition signals optimism in Singapore’s luxury property market, particularly in core central regions where demand remains resilient.
With a focus on luxury living, GuocoLand is expected to create an architecturally striking development that enhances the skyline of River Valley.
Beyond River Valley Green Parcel B, the Zion Road GLS sites are set to reshape the River Valley landscape, adding to the area’s transformation. The government released two land parcels at Zion Road in 2024, both of which drew strong interest from developers:
•Zion Road (Parcel A) was awarded to a City Developments & Mitsui Fudosan joint venture for S$1.107 billion ($1,202 psf ppr). This site includes long-stay serviced apartments, catering to Singapore’s evolving rental market.
•Zion Road (Parcel B) was secured by Allgreen Properties for S$730.9 million ($1,304 psf ppr), further reinforcing the area’s luxury residential appeal.
These GLS sites complement GuocoLand’s investment in River Valley Green, reinforcing the area as a future luxury residential hub. With increased supply and urban renewal, River Valley is positioned as one of Singapore’s most desirable addresses for homeowners and investors alike.
Zion Road GLS Sites Further Strengthen River Valley’s Growth
Conclusion
The River Valley Green Parcel B acquisition by GuocoLand reinforces the area’s desirability for luxury residential developments. With top-tier connectivity, vibrant amenities, and strong buyer interest, this site is set to redefine upscale city living in Singapore.
As GuocoLand moves forward with its development plans, this upcoming project will be closely watched by investors and homebuyers alike.