Tanjong Rhu Road New Launch Condo — Waterfront Living Near Marina Bay 2026

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When the government awarded the Tanjong Rhu Road GLS (Government Land Sale) site in H2 2025, seasoned property watchers took notice. Tanjong Rhu Road is not just another address — it is one of Singapore’s most coveted waterfront enclaves, sitting along the Kallang River Basin with unobstructed sightlines toward Marina Bay, the Sports Hub and the city skyline. With land area of 1.22 hectares and a plot ratio of 3.7, this awarded site will eventually give rise to a landmark high-rise condominium that promises to redefine waterfront living in District 15. If you are considering investing in or purchasing a new launch condo in Singapore, this is one site you cannot afford to overlook.

What Is the Tanjong Rhu Road GLS? — Site Details, GPR 3.7 and Awarded Status

The Tanjong Rhu Road site appeared on the H2 2025 Confirmed List of the Government Land Sale programme — meaning the government committed to tendering it out regardless of developer demand signals. This distinction is important: Confirmed List sites tend to attract serious, well-capitalised developers because the government is signalling clear intent to release the land.

Here are the key site specifications:

• Location: Tanjong Rhu Road, District 15 (Rest of Central Region)
• Land Area: 1.22 hectares (approximately 131,320 sq ft)
• Gross Plot Ratio (GPR): 3.7 — classified as medium-high density high-rise residential
• Estimated Yield: Approximately 700–800 residential units depending on developer’s unit mix strategy
• Status: Awarded — developer has acquired the land and is in the planning/design phase
• Expected Launch Timeline: 2027–2028 (subject to URA planning approval and development timeline)
• Tenure: Likely 99-year leasehold (standard for GLS sites in RCR)

The GPR of 3.7 is notable. It sits above the typical 2.8–3.0 seen in many suburban GLS sites, reflecting the government’s intent to maximise the use of this premium land. Towers are expected to rise significantly, enabling the upper floors to capture panoramic views of the Kallang Basin, Marina Bay and the city skyline — the very view corridors that make Tanjong Rhu a perennial favourite among discerning buyers.

For context on how GLS sites fit into Singapore’s property market, see our guide on the Singapore GLS tender 2026.

Tanjong Rhu — Singapore’s Hidden Waterfront Gem

Ask any long-time Singapore property investor about Tanjong Rhu and you will hear a consistent theme: it is one of the few addresses in Singapore where you can genuinely feel removed from the urban rush while still being minutes from the CBD. That paradox — serenity with proximity — is what drives the enduring premium on properties here.

The Kallang River Basin Setting

Tanjong Rhu Road runs along the Kallang River Basin — a sweeping, protected waterway that connects to Marina Bay. Residents in existing projects like Pebble Bay, The Waterside, and Riviera Point have long enjoyed morning jogs along the river promenade, kayaking sessions at the Kallang Basin, and front-row seats to the National Day Parade fireworks. The Tanjong Rhu GLS site is positioned to offer similar — or superior — lifestyle amenities to its future residents.

Proximity to Mountbatten MRT (Circle Line)

Public transport access is served by Mountbatten MRT (CC7) on the Circle Line, a short walk or cycle away. The Circle Line connects directly to key nodes: Serangoon (interchange with NEL), Dhoby Ghaut (interchange with NSL and NEL), and Harbourfront (interchange with NEL/Sentosa). Commuting to Raffles Place or Marina Bay Financial Centre via the CCL is both practical and comfortable.

The Sports Hub and Lifestyle Ecosystem

Residents of Tanjong Rhu enjoy immediate proximity to the Singapore Sports Hub — home to the National Stadium, OCBC Aquatic Centre, and a retail-lifestyle precinct. The upcoming Kallang Alive masterplan will further transform this precinct into a world-class sports and entertainment destination, enhancing the lifestyle premium for Tanjong Rhu residents for decades to come.

D15 Prestige Without the D9/D10 Price Tag

District 15 has long been favoured by buyers who want a prestigious address without the full CCR (Core Central Region) price premium. Tanjong Rhu sits at the western edge of D15, bordering the RCR/CCR fringe. It benefits from the D15 lifestyle brand — Katong, East Coast, Marine Parade — while enjoying the direct waterfront position that even parts of D9 and D10 cannot replicate.

Expected Pricing When the Tanjong Rhu GLS Condo Launches

While exact developer pricing will only be confirmed at launch, market observers are working with a benchmark PSF range of $2,800 to $3,300 per sq ft for this project. Here is how that figure is derived:

Comparable RCR Waterfront Benchmarks

• Tembusu Grand (Tanjong Katong Road, D15): Launched at ~$2,400–$2,600 psf in 2023; resale transactions now reflect appreciation of 10–15%
• Meyer Blue (Meyer Road, D15): Freehold boutique project priced at $3,000–$3,500 psf given freehold tenure and D15 coastal address
• Rivière (Jiak Kim Street, RCR waterfront): Sold at $2,600–$3,000 psf; waterfront premium clearly reflected in pricing
• The Continuum (Thiam Siew Avenue, D15): Dual-site development priced at $2,400–$2,700 psf

Given the Tanjong Rhu GLS site’s direct waterfront positioning, high GPR enabling premium upper-floor units with city and basin views, and the anticipated 2027–2028 launch timeline (when further property price appreciation is expected), a launch PSF of $2,800–$3,300 is a reasonable working assumption. Upper-floor waterfront-facing units may breach the $3,300 psf mark depending on developer pricing strategy.

Buyers should factor in ABSD obligations — refer to our ABSD Singapore 2026 guide for the latest rates — as well as TDSR constraints. Our TDSR Singapore 2026 guide covers how to assess your borrowing capacity before committing.

Why Tanjong Rhu Commands a Lasting Premium — Exclusivity, Waterfront Scarcity and D15 Prestige

Singapore’s waterfront residential land is finite. The government does not release waterfront GLS sites frequently, and Tanjong Rhu specifically has seen very limited new supply over the past decade. This is the core reason why existing projects in Tanjong Rhu have held their value and in many cases appreciated strongly.

Scarcity of New Waterfront Supply

The last major new launch in the immediate Tanjong Rhu waterfront micro-market was several years ago. Projects like Pebble Bay (completed 1997), The Waterside, and Riviera Point are mature en-bloc candidates — not new launches. The Tanjong Rhu GLS condo will be the first brand-new, purpose-designed waterfront condominium in this micro-market in years, commanding what analysts call a “new supply premium.”

The View Corridor Advantage

One of the most underappreciated aspects of Tanjong Rhu is its view corridor protection. Because the Kallang Basin sits to the west and the Singapore Sports Hub campus occupies a large land footprint, upper-floor units in any Tanjong Rhu high-rise benefit from largely unobstructed views — a rare privilege in land-scarce Singapore. Views of Marina Bay, the CBD skyline, and Gardens by the Bay are plausible from higher floors.

Rental Demand Drivers

From a rental perspective, Tanjong Rhu appeals to a well-defined tenant profile: expatriate professionals working in Marina Bay Financial Centre or the CBD who want a lifestyle address with easy commute access; sports enthusiasts drawn to the Sports Hub and Kallang facilities; and high-income local families prizing the waterfront lifestyle. Rental yields in comparable D15 waterfront projects have historically tracked 2.8–3.5% gross.

The D15 Brand

District 15 occupies a unique position in Singapore’s property market. It sits outside the CCR — meaning no additional ABSD for foreign buyers who exhaust CCR-specific considerations — while commanding premium pricing backed by lifestyle amenities, established school choices (Tanjong Katong Primary, Tanjong Katong Girls’ School, CHIJ Katong Convent), and the iconic Katong-Joo Chiat cultural precinct. Tanjong Rhu adds the waterfront dimension that amplifies D15’s already-strong investment case.

Register Your VVIP Interest Now — Be First in Line When the Preview Opens

For new launch condominiums in Singapore, the VVIP preview stage is where the best units are allocated. Developer marketing teams release their showflats and price lists to registered buyers first — often before any public advertising campaign. Buyers who register early through an appointed ERA consultant gain access to:

• Priority unit selection before public balloting opens
• First access to the developer’s price list and floor plan release
• Exclusive showflat viewing appointments
• Developer early-bird discounts (where applicable)
• Stamp duty absorption packages (project-specific, where offered)

Alvin Tan (CEA Reg. No. R072324C) is a senior consultant at ERA Realty Network Pte Ltd — one of Singapore’s largest property agencies and a key appointed agent for major GLS project launches. Registering your interest with Alvin ensures you are in the priority queue with direct access to developer information the moment the Tanjong Rhu Road new launch condo preview is announced.

There is no cost to register interest and no obligation to purchase. ERA consultants do not charge buyer commissions — the developer pays the agency fee. WhatsApp Alvin directly to register your name for the Tanjong Rhu Road GLS condo VVIP list.