Land in the Core Central Region (CCR) cost 26% more in 2025 than in 2016, EdgeProp calculated in its 8 October 2026 analysis of residential Government Land Sales (GLS) prices. Over that span, EdgeProp found, new-home prices in the CCR rose 41%. Across all regions, EdgeProp reported, the average land price in its 63-site series rose from $833 psf ppr in 2016 to $1,312 in 2025, roughly 5% a year, and land prices overall rose 58%. The CCR figure sits well below that overall pace, which is why the region reads differently from the others in the analysis. For a Core Central Region launch, the CCR numbers are the ones that apply, and the paragraphs below set them out one by one.
A Core Central Region lens for Dunearn House
EdgeProp reported that CCR land averages slipped 4% between two five-year windows, from $1,374 per square foot per plot ratio (psf ppr) in 2016-2020 to $1,322 in 2021-2025. Over the same windows, EdgeProp found Outside Central Region (OCR) averages climbing 46%, from $741 to $1,080. Subtracting one from the other, EdgeProp showed the CCR-to-OCR gap narrowing from $633 psf ppr to $242. A region that rose 26% across the decade and a region whose five-year averages eased can both be true, because the two sets of figures measure different things: a start-to-end change in one case, and an average of every site in each window in the other.
Dunearn House and the 2026 site prices
For 2026, EdgeProp reported CCR sites averaging $1,697 psf ppr, against $1,331 for OCR sites, in the figures up to its report. EdgeProp added that Rest of Central Region and CCR sites together took 57% of the floor area awarded in 2026 up to the report, compared with 42% in 2025, and that a Rest of Central Region record of $1,612 psf ppr was set in September 2026 at Lorong Puntong and Sin Ming Avenue.
How EdgeProp reads land cost for Dunearn House and other launches
Supply conditions form part of the picture. EdgeProp found land prices and unsold stock moving in opposite directions in eight of ten years, with winning bids about 4% to 5% higher for every 10% fall in unsold stock in the year before a tender closed; unsold stock in 2026, up to the report, was down 9%. EdgeProp also reported 2.2 developers per winning bid in 2026 up to the report, the highest since 2016.
EdgeProp points to many launches standing on sites bought in 2022 to 2024 at about $1,100 to $1,200 psf ppr, while sites awarded since have cost more. In EdgeProp's reading, higher land cost may feed into future selling prices, varying by region and site. EdgeProp ties the broader climb to three drivers: new-home prices, unsold stock, and fewer en bloc deals.
Dunearn House in the Core Central Region
Dunearn House stands at 760-770 Dunearn Road in District 11, a Core Central Region location. The 99-year leasehold runs from 30 September 2025, following the URA award of the site on 3 July 2025, and the development has 380 homes. Sixth Avenue MRT is about a 4-minute walk away. The location page sets out the Dunearn Road surroundings, the homepage carries the project updates, and the Sales Concierge can arrange a viewing appointment.
Source: EdgeProp.
General information only, not financial or legal advice.
Source: EdgeProp. This article is independent commentary; Dunearn House is not affiliated with the parties mentioned.
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