The tender for a mixed-use site in Jurong East, which had been on the Reserve List, has just been launched for sale under the Confirmed List of the 2H2026 Government Land Sale (GLS) programme. When the white site at Town Hall Link, within Jurong Lake District (JLD), was listed on the Reserve List, most market analysts expected the large site to draw bids of at least $1.8 billion. With a site area of 3.72 ha and a gross plot ratio of 5.0, the mixed use site could yield up to 1,200 private homes. It could also see 430,400 sq ft set aside for offices, and 473,440 sq ft for complementary uses including retail, serviced apartments, hotel, medical clinics, and recreational community spaces. This site was originally one of three plots that was offered as a combined 6.5ha Master Developer site at JLD, which launched for sale in June 2023. That tender attracted two bids from a joint venture entity comprising CapitaLand Development, City Developments Limited (CDL), Frasers...