Bedok Rise, off New Upper Changi Road, District 16· 99-Year Leasehold
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$42.4B: The 2026 Sales Numbers

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Singapore's property investment sales totalled $10.7 billion in the third quarter of 2026, Knight Frank Singapore figures reported by EdgeProp on 12 October 2026 show. That is down from $16.2 billion in the first quarter and $15.5 billion in the second, but the nine-month running total for 2026 up to the report reaches $42.4 billion, a figure already above the full 2025 record of $40.7 billion.

The Residential Share and Bedok Rise Residences

Residential investment sales were the single largest contributor to the third-quarter figure, at $4.3 billion of the $10.7 billion total, with Government Land Sales making up the bulk of that amount. The biggest residential deal of the quarter was the roughly $1 billion sale, inclusive of land betterment charges, of the 8 Thomson Lane site to a consortium led by Sustained Land. Bedok Rise Residences sits in that same Government Land Sales pipeline: the site at Bedok Rise, off New Upper Changi Road in District 16, was awarded to Bellis Residential Pte. Ltd. on 2 December 2025 after a tender launched 18 September 2025, and the parcel is expected to yield around 380 homes on a 99-year leasehold.

What $50 Billion Would Mean Near Bedok Rise Residences

Melvin Chay, Knight Frank Singapore's interim head of capital markets, said 2026 is on pace to finish at roughly $50 billion in total investment sales, which would be an all-time high. Chay also flagged that possible interest-rate rises could push some owners and investors to close deals before year-end rather than carry financing risk into 2027. For a Government Land Sales parcel such as Bedok Rise Residences, that broader capital-markets backdrop is part of the context developers weigh when timing a pre-launch, alongside site-specific factors such as proximity to transport.

The Government Land Sales system is the common thread running through these numbers: Knight Frank's tally captures land and building transactions across every sector, and the 8 Thomson Lane deal is one of several Government Land Sales-driven residential sales recorded in the third quarter. Bedok Rise Residences was tendered under that same system, after the Urban Redevelopment Authority launched the site on 18 September 2025 and awarded it to Bellis Residential Pte. Ltd. on 2 December 2025. The East Coast corridor around Bedok and Tanah Merah has drawn several Government Land Sales launches, placing Bedok Rise Residences within an established pipeline of District 16 development rather than an isolated site.

The Distance That Matters at Bedok Rise Residences

Bedok Rise Residences is about 110 metres from Tanah Merah MRT station on the East-West Line, a distance that places the development within easy walking reach of a long-established interchange station serving both the city and Changi Airport. That proximity is one of the numbers prospective buyers tend to check first, alongside the roughly 380-home count and the 99-year leasehold tenure confirmed on the project's fact strip.

Checking the Figures on Bedok Rise Residences

Three numbers frame where Bedok Rise Residences stands: a $10.7 billion third quarter for the overall market, a $42.4 billion nine-month total already past the 2025 record, and a single District 16 site of around 380 homes carrying forward into a pre-launch stage. Readers who want the development's own location detail, including its walking distance to Tanah Merah MRT and the surrounding Bedok precinct, can review the location page, and a full overview of Bedok Rise Residences is available from the homepage. Questions about the project can be directed to the Sales Concierge through the contact page.

Source: EdgeProp.

General information only, not financial or legal advice.

Source: EdgeProp. This article is independent commentary; Bedok Rise Residences Condo @ Tanah Merah (Updated 2026) is not affiliated with the parties mentioned.

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Site boundary map of the Bedok Rise land parcel between New Upper Changi Road and Bedok Rise, beside Tanah Merah MRT station (EW4)
The Bedok Rise land parcel, outlined, with Tanah Merah MRT station (EW4) across New Upper Changi Road. Base map: OneMap, © Singapore Land Authority. Boundary indicative.

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