Freehold Jalan Ulu Siglap Site Seeks $28 Million
A freehold residential plot at 2 and 4 Jalan Ulu Siglap in Siglap is on the market with a $28 million guide price. For buyers focused on landed sites, the listing puts a rare freehold parcel in one of the few neighborhoods where ownership type can shape pricing quickly.
The $28 million asking figure is the clearest signal in the deal. It puts a specific price on a site the source describes as a rare freehold Siglap property, giving prospective buyers a benchmark for how the market is valuing land with permanent tenure in a limited supply area.
2 and 4 Jalan Ulu Siglap
2 and 4 Jalan Ulu Siglap is the only property identified in the sale. The site is residential, and the guide price is set at $28 million, which means any buyer weighing the plot will be looking at the land itself rather than a packaged redevelopment story or a completed asset with income attached.
The freehold label is the key friction point in the listing. In Siglap, where the source says such sites are rare, the asking price has to be read against scarcity rather than against a standard suburban plot. That makes the number less about size alone and more about what permanent tenure can command in a limited pool of comparable sites.
Rare Siglap freehold supply
The source gives no seller, buyer, agent or transaction timetable, so the immediate market read comes from the listing terms themselves. A $28 million guide price sets the starting point for negotiations, but the eventual outcome will depend on whether bidders value the site’s freehold status enough to meet that level.
For readers tracking landed property pricing, the practical takeaway is simple: this is a specific chance to price a rare freehold parcel in Siglap, not a broad market move. The next step for anyone interested is to assess the site at 2 and 4 Jalan Ulu Siglap against the $28 million guide price and decide whether the scarcity premium is justified.
