Does mixed development land typically cost more?

Mixed development land in Singapore generally commands a higher price compared to pure residential land. This premium is due to the integrated nature of such sites, combining residential, commercial, and sometimes other uses, which enhances convenience and potential rental yields. The government often positions these mixed-use sites at strategic locations—such as near transport nodes or key districts—which further increases their desirability and land costs. Mixed-use developments in areas like the Jurong Lake District are specifically described as vibrant, with their integrated features and amenities raising the appeal and price of the land.