Loyang Valley Condo Sold En Bloc to SingHaiyi-Led Consortium for $880m

Pasir Ris site unlocks major redevelopment potential as collective sale market gains momentum

Collective sale activity has surpassed S$1 billion within four months, with a growing pipeline of sites expected to be launched for sale and attract developer interest.

Singapore’s collective sale market has just recorded a defining moment.

Loyang Valley condo has been successfully sold for an impressive $880 million, making it the largest en bloc transaction so far in 2026.

The deal signals renewed confidence in large scale residential redevelopment, especially in the increasingly sought after East Coast corridor.

The acquisition was secured by a consortium led by SingHaiyi Group, following the close of a tender and private treaty process that culminated just before the final deadline.

The transaction reflects both strategic timing and strong long term positioning in Singapore’s evolving property landscape.

The Loyang Valley condo sale stands out not just for its size, but for its underlying land value and redevelopment potential.

👉 Sale price: $880 million
👉 Land rate: approximately $940 psf ppr
👉 estimated $226 million in land betterment charges
👉 $246 million lease upgrading
👉 Site area: about 840,648 square feet
👉 Estimated yield: around 1,249 residential units
👉 Remaining lease: about 55 years from 1982

Why This is Singapore’s Most Important En Bloc Deal in 2026

This transaction surpasses earlier collective sales this year and reinforces a broader trend of cautious but returning investor confidence.

Located in Pasir Ris, the site is one of the largest residential plots in the eastern region.

It is second only to Mandarin Gardens in land size, highlighting its rarity and strategic importance.

Industry observers note that clarity in regulatory guidelines and improved coordination among stakeholders played a key role in pushing the deal across the finish line.

The future of the Loyang Valley site is where the real story begins. Under Singapore’s Draft Master Plan 2025, the site is zoned for residential use with significant redevelopment capacity.

👉 Gross plot ratio of 1.6
👉 Estimated gross floor area of about 1.35 million square feet
👉 Potential for approximately 1,249 new homes

A key enhancement came from the Civil Aviation Authority of Singapore, which approved an increase in the height limit from 40 metres to 50 metres, allowing for developments of up to 12 storeys.

This significantly enhances design flexibility and boosts the overall development value.

Strategic Location Advantage in the East

The appeal of Loyang Valley goes far beyond land size. Its location places it within one of Singapore’s most promising growth corridors.

Key advantages include proximity to

👉 Loyang MRT Station
👉 Changi Northern Corridor infrastructure developments
👉 Changi Airport Terminal 5

In addition, the area offers access to schools, lifestyle amenities, and a quieter residential environment that is increasingly rare in urban Singapore.

For SingHaiyi Group, this acquisition aligns with its focus on large scale, high impact residential developments.

The project marks a milestone under CEO Gallant Tang and builds on the company’s proven track record.

Notable developments include

👉 Vela Bay which drew strong preview interest
👉 Grand Dunman which is nearly fully sold
👉 Parc Clematis which achieved full sell out

The scale of the Loyang Valley site presents a rare opportunity to create a distinctive residential concept that blends density with livability.

For current owners, the collective sale delivers substantial returns.

👉 Estimated payouts range from $1.67 million to $3.91 million
👉 Larger units command higher absolute returns despite lower per square foot pricing
👉 Previous resale prices indicate strong uplift from historical values

This reinforces the financial appeal of en bloc sales for aging developments with redevelopment potential.

✨ Status: Successfully Sold

🏢 Buyer: SingHaiyi Group led consortium

💰 Reserve Price: $880 million

💵 Sale Price: $880 million

📅 Date of Sale: April 17, 2026

🏗️ New Development: Estimated 1,249 residential units (future project name not announced)

📜 Tenure: 99-year leasehold from 1982 with about 55 years remaining

📐 Land Size: Approximately 840,648 sq ft

🏘️ Total Units (Existing): 362 units

📊 Gross Plot Ratio: 1.6

📦 Gross Floor Area: Approximately 1.35 million sq ft

📍 Address: 200 to 224 Loyang Avenue, Singapore

🚆 Nearby MRT: Loyang MRT Station

🗺️ District: 17

🤝 Marketing Agent: Huttons Asia