When the former Chuan Park was sold in an en-bloc, there was immediate attention: this was a sizeable land plot right next to Lorong Chuan MRT station. That’s a big deal, as this station happens to be situated between the highly desired hotspots of Serangoon and Bishan.
Also this is a mega-development of over 900 units (and we know how much Singaporeans love their mega-developments). So as we approach the launch of Chuan Park Residences sometime in October, there’s now more information available about this closely watched redevelopment. So for waiting upgraders, here are some of the main details so far:
The Chuan Park en-bloc deal
The original Chuan Park was a mid-sized (446-unit) condo development from 1985, located around the intersection of Lorong Chuan and Serangoon Avenue 3. In July of ‘22, word was out that MCC Land and Kingsford snagged the site for $890 million in an en-bloc deal. This was slightly under the asking price in October ‘21,...