Kallang Close GLS

Kallang Close GLS is an upcoming 99-year leasehold riverfront condo site in District 12. Frasers Property and Mitsubishi Estate propose approximately 470 homes on the 11,456.3 sqm parcel. The successful tender entities are Frasers Property Phoenix Pte. Ltd. and MJR Investment Pte. Ltd.; the proposal remains subject to final approvals. The Kallang River frontage and direct connection to the Kallang Park Connector are the site's clearest distinguishing features. They give buyers a practical way to assess walking and cycling access, rather than relying only on a general lifestyle description. The quality of the eventual residential entrances and the relationship between homes and the public path will be important. Kallang MRT on the East-West Line and Bendemeer MRT on the Downtown Line are nearby transport options. This is not a confirmed integrated MRT development. Compare the actual routes and crossings to the station you would use most often, especially if daily commuting is the reason for choosing the location. The site was awarded for S$610.75 million, approximately S$1,415 psf per plot ratio. This provides land-cost context but does not announce the condo's launch price. The eventual total price, internal area and stack position need to be assessed together before drawing a value conclusion. For own stay, the appeal is a city-fringe home with access to a river corridor. The trade-off is that riverfront land does not guarantee a river-facing view for every unit. The approved site plan should be checked for block separation, public-path exposure and the outlook from each stack. Buyers comparing other Kallang and Bendemeer homes should distinguish between a river-facing unit, a shorter station journey and a larger internal layout. Those benefits may come at different price points. Investors should use comparable completed rentals and realistic ownership costs rather than infer a yield from the riverside setting. This development is separate from The River Opus at Valley Point in River Valley. The final Kallang Close project name, confirmed selling prices, floor plans and preview or sales dates have not been verified. The GLS name is retained to identify the correct site.