Freehold hilltop site with greater southern waterfront views launches at s$70 million
Authors
Imran Khan
SINGAPORE, 29 July 2026 — JLL (NYSE:JLL) has launched the sale of 300/300A Pasir Panjang Road, a freehold property that has served as the Norwegian Seamen's Mission since 1977. Perched on an elevated hilltop, the site currently features a low-rise residential and community facility with a chapel, set within mature greenery.
Located in District 5, the 48,774 square feet (sq ft) freehold site has a guide price of S$70 million, or approximately $1,571 per square foot per plot ratio (psf/pr) after factoring in land betterment charge. If the 7% bonus gross floor area is factored in, the corresponding land rate is approximately $1,526 psf/pr inclusive of land betterment charge. Under the Master Plan 2025, the site is zoned Residential with a gross plot ratio of 1.4.
The site's regular shape, extensive depth, elevated terrain and single ownership status present exceptional redevelopment potential. Under the Master Plan 2025 zoning, the property can be transformed into an exclusive enclave of 63 boutique residential units. The elevated hilltop positioning offers future residents unobstructed panoramic views of Kent Ridge Park and the Greater Southern Waterfront precinct, combined with exceptional natural light and cross-ventilation.
"The property's positioning alongside the Greater Southern Waterfront will appeal to developers seeking a unique project or high-net-worth individuals looking to build a private legacy compound. The combination of its Norwegian Seamen's Mission heritage, elevated hilltop terrain, and positioning alongside the Greater Southern Waterfront creates a rare opportunity to craft a bespoke, low-density residential development that capitalizes on the site's natural topography," said Nicholas Ng, Head of Land and Collective Sales, JLL Singapore.
The launch comes at an opportune time as the surrounding region undergoes massive state-led transformation. The site sits at the doorstep of the Greater Southern Waterfront, a premier gateway for urban living along Singapore's southern coast that will be progressively developed over the coming decades. As container terminal operations relocate to Tuas Mega Port, this infrastructure project is anticipated to act as a catalyst for long-term capital appreciation and rental demand in the area.
The property bridges tranquil residential living with immediate access to major educational, commercial and lifestyle hubs. Located approximately 10-minute walk away from the Haw Par Villa MRT Station on the Circle Line, the site offers swift connectivity to the Central Business District, Marina Bay, and one-north via West Coast Highway and the Ayer Rajah Expressway. Its proximity to the National University of Singapore, National University Hospital, Science Park I & II, and Mapletree Business City ensures a steady demographic of affluent professionals and academics seeking premium housing options nearby.
For families with young children, Fairfield Methodist School (Primary) is within 1–2 kilometres of the site. Residents of the future development will also enjoy proximity to Singapore's major green spaces, including West Coast Park, Kent Ridge Park, HortPark, and the Southern Ridges network.
The Expression of Interest exercise for 300/300A Pasir Panjang will close on Tuesday, 15 September 2026 at 3:00 PM.
About JLL
JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 112,000 as of June 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.