For the owners of an established block, a collective sale is a decision taken together, and the tender documents are the terms they put to the market. Two such groups did exactly that, EdgeProp reported on 13 October 2026: the owners of Balestier Regency in the city fringe, and the owners of Beauty World Plaza on Upper Bukit Timah Road.
At Balestier Regency, a freehold 10-storey block of 72 apartments at 4 Jalan Ampas completed in 1990, the owners have kept the terms of their May 2026 tender launch, EdgeProp said, and the new tender closes at 3 pm on 12 November 2026. The case they present rests on the land: 61,931 sq ft at a gross plot ratio of 2.8, a maximum gross floor area of about 173,407 sq ft and room for up to 161 apartments in a rebuild. EdgeProp carried the marketing agent's point that the baseline plot ratio of 2.793 leaves only a nominal land betterment charge. The agent framed the site as one for developers with a medium- to long-term view, citing how few sizeable freehold redevelopment sites the city fringe offers.
The Beauty World Plaza owners are offering a different kind of asset. EdgeProp describes an eight-storey, 999-year leasehold mixed-use building on a 24,817 sq ft corner plot at Upper Bukit Timah Road and Bukit Timah Link, zoned commercial and residential with a gross plot ratio of 3.0, beside Beauty World MRT station on the Downtown Line. Shops fill levels 1 to 3 and apartments levels 4 to 8, with an open terrace on level 4. This round closes at 3 pm on 19 November 2026, after tenders launched in November 2018 and June 2019, according to EdgeProp.
Alongside the building, the sale carries a planning position. EdgeProp reported outline planning permission for serviced apartments in the residential component, about 108 keys at a minimum unit size of 35 sq m (377 sq ft). The in-principle approval would allow the upper floors to operate as serviced apartments or co-living residences and the podium to carry retail, F&B, lifestyle, enrichment or co-working uses, subject to authority approval. The marketing agent says a buyer could redevelop conventionally or enhance the existing building instead. EdgeProp also listed an integrated transport hub tying the station to a new bus interchange, with Pei Hwa Presbyterian Primary within 1 km.
From an owner's seat, the two launches share a pattern. Each group has returned with defined dates and documented planning figures, and at Balestier with unchanged terms, which keeps the offer simple for bidders to assess. The decision passes to the market, and the November closing dates set the timetable for both.
On a terraced hillside at 18 to 22B Yew Siang Road, off Pasir Panjang Road in District 5, Terra Hill holds 270 freehold homes in nine five-storey blocks with attics, developed by a joint venture of Hoi Hup Realty and Sunway Developments. The Signature Collection has 240 homes in six blocks, from 624 sq ft two-bedroom units to five-bedroom attic penthouses, and the Prestige Collection has 30 homes in three blocks with two homes per floor and private lift lobbies. Pasir Panjang MRT (CC26) is about 350 m away and a side gate opens to Kent Ridge Park, as the location page shows.
Show units and the Sales Gallery are open by appointment; arrange a viewing with the Sales Concierge.
Source: EdgeProp, articles of 13 October 2026.
General information only, not financial or legal advice.
Source: EdgeProp. This article is independent commentary; Terra Hill is not affiliated with the parties mentioned.
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