The Urban Redevelopment Authority (URA) has initiated the tender for a site at Chuan Grove under the first half of 2025 Government Land Sales programme. This plot is expected to accommodate approximately 505 residential units, with the tender set to close on 4 September 2025. The site is strategically located near Lorong Chuan MRT station, providing excellent connectivity for future residents.
The area is surrounded by numerous educational institutions, including four primary schools within a 1 km radius, such as CHIJ Our Lady of Good Counsel and Kuo Chuan Presbyterian Primary School.
This proximity is likely to attract families with school-going children, OrangeTee said. Additionally, the Australian International School is nearby, offering potential rental income opportunities for investors. The adjacent NTP+ mall provides various dining and retail options, enhancing the site’s appeal.
This is the second site in the Lorong Chuan area to be released under the GLS programme in recent years, following a previous tender in December 2024. The earlier site, expected to yield 555 units, will close its tender in July 2025. The limited availability of new housing in the vicinity has led to significant demand, as evidenced by the successful launch of Chuan Park, where 76% of its 916 units were sold on the launch weekend.
Justin Quek, CEO of OrangeTee & Tie, noted the potential interest from developers due to the large pool of potential HDB upgraders from nearby areas like Serangoon and Bishan. He also highlighted the demand from landed home downgraders in the vicinity. “We expect between 3 to 6 bidders for this site, at a highest bid price of S$1,100 to S$1,200 psf ppr,” Quek stated.
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