Raffles Town Club site slated for future residential use after lease expiry in 2026

The lease on a plot of land in Bukit Timah, currently occupied by the Raffles Town Club (RTC), will not be renewed when it expires on October 17, 2026. Singapore Land Authority ( SLA ) and URA issued a joint statement on November 20 announcing that the site located at 1 Plymouth Avenue, District 11, is slated for future residential development.

Measuring an estimated 132,639 sqft, the property is within walking distance of the Stevens MRT Interchange and is nestled within a private residential enclave. RTC will continue to operate on the site until the lease expires, and upon expiration, they will be required to return the land to the state.

The rationale behind the redevelopment to residential usage is to support future housing demand and enhance the residential character of the area. Lee Sze Teck, senior director for data analytics at Huttons Asia, predicts that the site may be assigned a plot ratio of 1.4 with the probability of a luxury residential project comprising 160 to 190 units ranging from 915 to 1,076 sqft. If the site were to go to tender today, Lee speculates that the winning bid could exceed $1,500 psf per plot ratio.

Eugene Lim, key executive officer at ERA Singapore, believes that the plot ratio could be pushed higher to 1.6 or 2.1, allowing for a taller structure to serve as a landmark between the intersection of Whitley Road and Dunearn Road.

Senja Residences EC can provide buyers with an affordable way to own an Executive Condominium. Its reasonable pricing and attractive monthly instalment plans are tailored to buyers with different lifestyles, budget sizes and requirements. Ultimately, this allows buyers to find a unit that is right for them.

This development is close to a multitude of amenities. It is a mere five minutes away from the Singapore Botanic Gardens, and is also close to multiple schools such as Singapore Chinese Girls’ School, Nanyang Primary School and St Joseph’s Institution.

Recent condo resale transactions within a 500m-radius of Raffles Town Club show that property values are set to appreciate given the imminent development.

The Singapore Land Authority and URA’s plan to convert the land for residential usage will benefit both the public and private sectors. Residents in this area will enjoy modern housing, while potential investors can look forward to attractive returns in the near future.