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Dover Dr GLS Sees Top Bid of $951M — Launch Prices Could Exceed $3,100 PSF

March 26, 2026 9:21 pm Published by Leave your thoughts

The Dover Drive GLS tender closed with a record top bid of $951 million, or $1,556 psf ppr, setting a new RCR benchmark 7% above the previous high at Tanjong Rhu Road. Six developers submitted bids for the first private residential plot in the upcoming Dover-Medway estate. This article examines the bid breakdown, site details, and what the result signals for future demand in the One-North and Queenstown precinct.