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Independent Singapore Property Research
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Dover Drive GLS

Dover Drive GLS is an upcoming launch in D05 (RCR, West region) — GLS site: Dover Drive. Everything below is compiled from matched transactions, URA tender data and public sources.

Developer Forsea Holdings / Qingjian Realty / Jianan CapitalTenure 99 yearsEst. completion 2031Nearest MRT one-north · 0.34km
StatusUpcoming
DistrictD05 · RCR
Total units625
Plot ratio4.2
Est. launch price$3,180–$3,600 psf
Land cost$1,556 psf ppr
Data updated20 Oct 2026

Overview

Dover Drive GLS is an upcoming 625-unit 99-year leasehold condominium in D05 (RCR, West region), developed by Forsea Holdings / Qingjian Realty / Jianan Capital, with completion expected in 2031.

The site sits about 0.34 km in a straight line from one-north (CC23), roughly 5 minutes on foot. It has not launched. Our estimated launch range is $3,180–$3,600 psf (est.), anchored on an estimated breakeven of $2,767 psf ppr — see the estimate and its cost stack below.

This overview is generated from PropertyInsider.sg’s tracked record for this project — URA tender data, matched caveat transactions and public filings — not from developer marketing material. Figures as at 20 Oct 2026. Anything marked (est.) is our estimate and is explained where it appears.

Details

The full tracked record for Dover Drive GLS, grouped by what it tells you. Every figure here is repeated in context further down the page, with its source and its caveats.

The project

Property type
Condo
Status
Upcoming
Developer
Forsea Holdings / Qingjian Realty / Jianan Capital
Tenure
99 years
Total units
625
Estimated completion
2031
Preview
Q2 2027

Pricing

Estimated launch psf
$3,180–$3,600est.

Land and cost

Land cost
$1,556 psf ppr
Breakeven
$2,767 psf pprest.
Site area
13,517 sqmest.145,500 sqft, derived from GFA ÷ plot ratio
Gross floor area
56,773 sqm
Plot ratio
4.2

Location

District
D05, RCR, West
Nearest MRT
one-north CC230.34 km in a straight line, ~5 min walk
Coordinates
1.29971, 103.78446

Compiled by PropertyInsider.sg from URA tender records, matched caveat transactions and public filings; last refreshed 20 Oct 2026. Values marked (est.) are our estimates — the launch-price method is set out in our pricing methodology.

Estimated launch pricing

PropertyInsider’s estimated launch price for this site, and the indicative quantum that range implies at typical unit sizes.

Estimated launch psf
$3,180–$3,600
Breakeven $2,767 psf ppr x 1.15–1.30 margin
Awarded land cost
$1,556
psf per plot ratio
2BR indicative quantum
$2.23M–$2.52M
at a typical 700 sqft
3BR indicative quantum
$3.02M–$3.42M
at a typical 950 sqft
4BR indicative quantum
$3.66M–$4.14M
at a typical 1150 sqft

Land attributes

Street
Dover Drive
Tenure
99 years
Plot ratio
4.2
Site GFA (sqm)
56,773
Land rate ($psf ppr)
$1,556
Units (est.)
625
Developer
CNQC Realty (Prime) Pte. Ltd., Forsea Residence Pte. Ltd. and Jianan Realty Investments (1) Pte. Ltd.

Estimated breakeven

Land ($m)
$950.9m
Construction ($m)
$333.7m
Land financing ($m)
$149.9m
Professional / legal / taxes ($m)
$161m
Marketing / others ($m)
$95.7m
Est. total cost ($m)
$1,691.1m
Est. breakeven ($psf ppr)
$2,767
Applying a 15%–30% developer margin to a breakeven of $2,767 psf ppr gives an estimated launch range of $3,180–$3,600 psf. How this model works and how it has performed.

Breakeven is the estimated total development cost divided by gross floor area, in dollars per square foot per plot ratio — the same basis as the land rate. Cost stack: PropertyInsider.sg cost model, land awarded 31 Mar 2026. Figures are estimates (est.), not the developer’s accounts.

Estimates are anchored on the site's estimated breakeven rate and a measured developer margin band; developers make final pricing decisions. Indicative quantums apply the estimated psf range to typical unit sizes — not a price list.

Location and connectivity

Where Dover Drive GLS sits on the map, with its district, market segment and nearest station on the rail network. The nearest MRT station is one-north (CC23), about 0.34 km away in a straight line, roughly 5 minutes on foot. The dashed rings on the map mark straight-line 1 km and 2 km radii from the site.

District
D05 · West · RCR
Nearest MRT
one-north CC230.34 km in a straight line, ~5 min walk
Coordinates
1.29971, 103.78446
Tenure
99 years
Site status
Upcoming

The marker is an approximate site centroid compiled by PropertyInsider.sg, not a surveyed boundary. Station distances are straight-line, measured from the site centroid to the midpoint of a station’s published exits (LTA MRT/LRT exits dataset) — not the distance to the nearest exit, and not a walking route. Walking times are an estimate only and are omitted beyond 2 km. Base map tiles are © OneMap / Singapore Land Authority. Verify exact addresses, boundaries and journey times with the developer or on OneMap.

What is nearby

Stations, schools, shops, food, green space, healthcare and the main employment areas around this address, grouped by type. Each place shows an estimated road distance, an off-peak drive time and, within 2 km, a walk.

MRT & LRT stationsMRT and LRT stations4 places

PlaceBy roadDriveWalk
one-north MRTCC23 · Circle Line0.5 km—5 min
Kent Ridge MRTCC24 · Circle Line0.9 km—10 min
Buona Vista MRTEW21 · East West Line1.4 km3 min16 min
Dover MRTEW22 · East West Line2.0 km4 min22 min

Primary schoolsSchools10 places

PlaceBy roadDriveWalk
Fairfield Methodist School (Primary)Primary school, very high P1 demand0.2 km—3 min
New Town Primary SchoolPrimary school, p1 vacancies available2.3 km5 min26 min
Henry Park Primary SchoolPrimary school, high P1 demand2.6 km5 min28 min
Fairfield Methodist School (Secondary)Secondary0.3 km—3 min
Anglo-Chinese Junior CollegeJunior college0.5 km—6 min
Anglo-Chinese School (Independent)Secondary through JC0.9 km—10 min
Anglo-Chinese School (Independent)International school0.5 km—5 min
Dover Court International SchoolInternational school1.1 km2 min13 min
INSEAD Asia CampusOverseas business school0.3 km—4 min
ESSEC Business School Asia-PacificOverseas business school0.7 km—8 min

Shopping mallsShopping malls4 places

PlaceBy roadDriveWalk
Fusionopolis 1Shopping mall0.5 km—5 min
Rochester MallShopping mall1.1 km—12 min
Geneo @ Singapore Science ParkShopping mall (location approximate)1.2 km3 min13 min
The Star VistaShopping mall1.2 km3 min14 min

Hawker centresHawker centres3 places

PlaceBy roadDriveWalk
Holland Drive Market and Food CentreHawker centre · 45 cooked-food stalls1.8 km4 min20 min
Ghim Moh Road Blk 20Hawker centre · 72 cooked-food stalls1.8 km4 min20 min
Tanglin Halt MarketHawker centre · 28 cooked-food stalls2.0 km4 min22 min

Parks & reservoirsParks and nature2 places

PlaceBy roadDriveWalk
Kent Ridge ParkPark · 47 ha2.5 km5 min27 min
Clementi Woods ParkPark · 11 ha2.5 km5 min28 min

Sports & community clubsSports and community clubs3 places

PlaceBy roadDriveWalk
Dover CCCommunity club0.5 km—5 min
Buona Vista CCCommunity club1.9 km4 min21 min
Ulu Pandan CCCommunity club2.0 km4 min22 min

Polyclinics & hospitalsHealthcare2 places

PlaceBy roadDriveWalk
National University HospitalPublic acute hospital0.8 km—9 min
Queenstown PolyclinicPublic polyclinic · National University Polyclinics2.5 km5 min28 min

Business & employment nodesWorkplaces3 places

PlaceBy roadDriveWalk
one-northBusiness and innovation parkWithin 2 kmUnder 5 min—
Singapore Science ParkBusiness and innovation parkWithin 2 kmUnder 5 min—
Tanjong PagarCentral business district5–10 km10–20 min—

Road distances and drive times are estimates: the straight line from the site centroid to each place, with a 1.35× allowance for the road network, driven at an average 28 km/h. That is off-peak driving, not a routed journey, with no allowance for traffic, one-way roads or parking; drive times under 800 m are left out. Walks assume 80 m/min with a 1.2× routing allowance and are left out past 2 km. Each place is one representative point, so a park or a business district is not measured to its nearest entrance, and workplaces are shown as a band. Sources: NEA, NParks, SportSG, People’s Association, MOE, MOH and URA/JTC, compiled by PropertyInsider.sg; primary schools from our schools dataset and rail from the LTA exits dataset. Check journeys you rely on with OneMap. Primary-school admission uses the straight-line home-school distance, shown in the schools section below.

How D05 resales have performed

Capital appreciation context for Dover Drive GLS: what sellers of completed condos in the same district actually realised on 8,323 matched buy-and-sell pairs (March 1995 to October 2026), including the 9.7% that sold at a loss.

Read this first: these are completed matched exits, profitable and unprofitable, over March 1995 to October 2026. A median describes what the middle seller realised — never the probability that any particular purchase will do the same. Note also that an owner sitting on a paper loss can decline to sell, so the true loss rate across all purchases is higher than the 9.7% recorded on completed sales here.
Median annualised return
3.8% p.a.
all 8,323 exits in district D05, winners and losers; 90.3% made money
RCR segment median
3.8% p.a.
46,610 exits island-wide, 90.2% profitable
D05 resalesRCR resales, all districts

Resale lines: median exit psf of all matched resales, profitable and not, from 2010, smoothed as a 4-quarter moving average. Quarters with fewer than 5 exits carry no point. A new launch is priced against resale stock that is older and on a shorter remaining lease, so compare direction and the size of the gap, not the levels alone. Source: URA caveat data, matched pairs.

What past projects here returned

Completed condos in D05 with at least 20 matched exits — the closest historical read on what this location has delivered. Ranked by median annualised return across every exit, not only the profitable ones.

5.7% p.a.middle of the 10 mapped, all exits4.5–11.3%slowest to fastest of the 10$348kmiddle project’s median gain, gross$1,631 psftheir middle average resale psf$3,180–3,600 psfthis launch, estimated (est.) launch range
Pin colour:10% a year or more6–10% a year3.2–6% (at or above the island median)This launch
ProjectTOPExitsProfitable Median ann. returnMedian holdMedian gainAvg psf
Varsity Park Condominium200844499.1%11.3% p.a.6.0y$791k$1,717
Clementiwoods Condominium201027299.3%7.5% p.a.5.0y$519k$1,614
The Infiniti200827197.8%6.2% p.a.5.7y$430k$1,754
Parc Clematis202336599.7%5.9% p.a.4.2y$345k$1,648
One-north Residences200947496.6%5.7% p.a.5.2y$352k$1,152
Whistler Grand2022251100.0%5.6% p.a.4.7y$281k$1,435
Clavon202419199.5%5.6% p.a.4.1y$317k$1,647
One-north Eden202438100.0%4.8% p.a.3.8y$299k$1,988
Blue Horizon200565295.7%4.6% p.a.9.2y$426k$1,514
Twin Vew2021160100.0%4.5% p.a.5.3y$278k$1,411

Projects in the same district with at least 20 matched exits, ranked by median annualised return across every exit — profitable and not. Median gain is gross, before stamp duties, legal and agent fees, mortgage interest and renovation. Realised outcomes of past projects are context, not a prediction for this launch. Full dataset: resale exit dashboard.

Land cost versus comparable sites

What the developer paid for this site, ranked against the sites most like it — same market segment and planning region where we have enough of them, widening only if we do not. Land is the largest single input into a launch price and it is fixed two to three years before the show flat opens. Every tracked site sits on the land cost tracker.

Primary schools within 1km and 2km

MOE primary schools within a straight-line 1km and 2km of this project, with each school's P1 demand tier and phase-by-phase oversubscription ratios from the last completed registration exercise. An address inside a school's 1km band ranks highest whenever that school ballots. Explore every school on the primary schools map.

Map of Dover Drive GLS and the 3 primary school(s) inside its straight-line 1km and 2km rings. It loads when this section scrolls into view; every school is listed below with its distance.

Primary school1km ring2km ring
Primary schoolsFairfield Methodist School (Primary)≤1km0.18 km (est.)≈ 3 min walkVery high demand · 2026 P1
2A 0.94×2B 1.23× • ballot SC <2km2C 1.67× • ballot SC <1km2C(S) —
Primary schoolsNew Town Primary School1–2km1.72 km (est.)≈ 26 min walkVacancies available · 2026 P1
2A 0.03×2B 0.00×2C 0.17×2C(S) 0.13×
Primary schoolsHenry Park Primary School1–2km1.89 km (est.)≈ 28 min walkHigh demand · 2026 P1GEP
2A 0.88×2B 1.16× • ballot SC 1–2km2C 1.49× • ballot SC <1km2C(S) —

Phase chips show applicants per place: 1.00× or under every applicant placed, 1.01–1.50× oversubscribed, above 1.50× heavily oversubscribed. Distances are straight-line estimates computed from project and school coordinates and shown to 2 decimal places — they are not the official home-school distance. Walking times use the same model as the nearby-places table above: 80 m/min with a 1.2× allowance for street routing, omitted beyond 2 km. For P1 registration, verify the exact 1km/2km status with the OneMap School Query tool, which applies MOE’s official measurement. No guarantee of accuracy; school demand tiers reflect the 2026 P1 exercise and can change year to year. The tier is read from Phase 2C alone — the round for children with no family link to the school, and the only one where home distance decides who gets in. Very high demand means the 2C ballot cut into citizens within 1km AND at least 1.5 applicants turned up per place. Full map and methodology: primary schools near new launches.

Compare with nearby launches

Other tracked launches and GLS sites in D05 or the same segment and region.

Elta

75 units available
D05RCR501 units
$2,312–$2,640 psf
85% sold

Faber Residence

13 units available
D05RCR399 units
$2,151–$2,249 psf
97% sold

Lyndenwoods

Fully sold
D05RCR343 units
$2,376–$2,483 psf
100% sold

Terra Hill

19 units available
D05RCR270 units
$2,441–$2,650 psf
93% sold

The Hillshore

47 units available
D05RCR59 units
$2,325–$2,501 psf
20% sold

Mortgage calculator

What a loan of this size costs a month, before you talk to a bank. Change any figure — the instalment, the loan amount and the interest bill all recalculate as you type.

S$
%
% p.a.
years
Total loan amount—
Estimated instalment
—
per month
  • Principal, first month—
  • Interest, first month—
  • Interest over the full term—

The split shown is the first month’s instalment, not an average: early payments are mostly interest and late ones mostly principal, while the monthly figure itself stays level. This is the loan only — it excludes stamp duty, legal fees, maintenance and property tax, and a home bought under construction draws the loan down in stages rather than all at once. What a bank will actually lend you depends on the LTV limit, TDSR and, for HDB flats and developer-sold ECs, MSR. Work those out on the affordability calculator, stamp duty calculator and progressive payment calculator. Estimates only, not financial advice.

Talk this project through with an advisor

The analysis on this page tells you what the data says. If you want to work through what it means for your own situation — budget, ABSD position, timing an HDB sale, or how this project compares with alternatives — you can request a one-to-one consultation.

  • No obligation. The first conversation is about your goals.
  • Affordability and stamp duty worked out on your actual numbers.
  • Launch and tender alerts for the projects you shortlist.

Disclosure: advisory consultations are provided by Jamus Lee (CEA Reg. No. R065771E, ERA Realty Network Pte Ltd, Licence No. L3002382K), the publisher of PropertyInsider.sg, via JamusProperty.com. This is a separate service from our editorial research and has no influence over what we publish. See our editorial policy. Submitting this form shares your details with the advisory practice; see our privacy policy.

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