Tanjong Rhu / Kallang

Tanjong Rhu is one of Singapore's best-kept secrets -- a serene waterfront residential pocket where condominiums line the Kallang Basin with views of the city skyline and Marina Bay. The area has always been desirable for its freehold status, low density, and genuine tranquility just minutes from the CBD. The waterfront promenades are perfect for morning runs and evening cycling, with park connectors linking all the way to East Coast Park and Gardens by the Bay. The Kallang Alive Masterplan, announced at the 2024 National Day Rally, is the game-changer that has developers and investors paying close attention. The plan will transform 90 hectares around The Kallang (formerly Singapore Sports Hub) into a world-class precinct featuring an 18,000-seat indoor arena, a relocated Singapore Sports School, new training centres, and community-centric waterfront spaces. CDL's SGD 709.3 million government land sale bid in February 2026 -- the most competitive in recent memory -- confirms developer confidence that this transformation will deliver. The upcoming 525-unit development is expected to launch at SGD 2,900-3,100 PSF. However, investors need patience and clear eyes. Today, Tanjong Rhu's amenities are sparse: there is no good shopping mall, dining options are limited to Kallang Wave Mall and the excellent-but-distant Old Airport Road Food Centre, and MRT connectivity relies solely on the Circle Line. The transformation will take until 2030 and beyond to materialise fully, and years of construction noise are guaranteed. This is a neighbourhood for those who can see what it will become, not what it is today -- and the freehold status of many existing condos provides a built-in advantage for the long game.

Tanjong Rhu / Kallang in Singapore, District 7, Singapore