Land price context
The tender drew six bids. The top bid of about S$1,556 psf ppr was 4.4% higher than the second-highest bid (S$1,491 psf ppr) [99.co, Mar 2026], and it set a new GLS land-rate benchmark for the Rest of Central Region [EdgeProp, Mar 2026]. Selling prices have not been announced (TBC). Any estimates in the press are analyst projections, not developer prices.
FAQ
What is the Dover Drive new launch?
A 99-year leasehold residential development with commercial space on the first storey, on the Dover Drive Government Land Sales site in District 5, Singapore. URA awarded the site on 31 March 2026. It is often referred to as "Dover Residences", but the official project name has not been announced.
Who is the developer?
URA awarded the site to CNQC Realty (Prime) Pte. Ltd., Forsea Residence Pte. Ltd. and Jianan Realty Investments (1) Pte. Ltd. (URA, 31 Mar 2026).
How much did the land cost?
S$951,000,999, or S$16,750.94 per sqm of gross floor area (URA). That works out to about S$1,556 psf per plot ratio (Business Times, EdgeProp, 99.co), which the reports called a new benchmark for the Rest of Central Region.
How many units will there be?
About 625 private homes, according to URA's estimate for the site. The final unit count, unit mix and number of blocks have not been announced.
What is the tenure?
99-year leasehold (URA).
Which MRT station is nearest?
one-north MRT station on the Circle Line is a short walk away (Business Times, 26 Mar 2026). Buona Vista interchange (East-West and Circle Lines) is also in the area. Walking times will be confirmed once the site plan is released.
Which schools are nearby?
The site is a stone's throw from Fairfield Methodist Schools (Primary and Secondary), according to the Business Times. Other institutions in the wider area include Anglo-Chinese Junior College, Singapore Polytechnic and NUS. Check distances against official tools before you rely on them for primary school registration.
When will it launch and what are the prices?
Not announced. Reports expect a launch in about a year from the March 2026 award (EdgeProp), but no preview date or price list has been released. They will be posted on the Updates page once the developer publishes them.
Is there a childcare centre?
Yes. The tender requires at least 550 sqm (about 5,920 sq ft) of gross floor area for a childcare or early childhood centre (Business Times, EdgeProp).
Is this the developer's official website?
No. This is an independent guide by Emmeline Koh (PropNex Realty Pte. Ltd., CEA Reg. No. R045542G). For the latest details, or to register interest, contact Emmeline on WhatsApp at +65 8275 4135.
What is Dover Residences?
Dover Residences is currently a working market name for the upcoming Dover Drive GLS development. The official project name has not been announced.
Is it connected to Dover MRT?
No official information says it is integrated with Dover MRT. The site is a short walk from one-north MRT on the Circle Line (Business Times).
What is the expected price?
There is no official price list. Published analyst estimates after the tender suggested an average around $2,800–$2,900 psf (CBRE) or possibly above $2,900 psf (PropNex). These are not developer prices.
Will there be shops downstairs?
Yes, the site is zoned Residential with Commercial at 1st Storey. Total commercial floor area is TBC (99.co reports about 3,550 sqm including the childcare space). No tenant mix has been announced.
Are floor plans available?
No official floor plans or unit mix have been released. Images and layouts on unofficial sites should not be treated as developer materials.
Is Dover Drive suitable for investors?
It may benefit from one-north, NUS, NUH and Science Park demand, but investment suitability depends on price, unit type, net yield and future supply.