The Chuan Park sales gallery, opened by developer Kingsford Group on October 31st, attracted about 5,000 visitors by 8 pm on its first day. Despite being a public holiday for Deepavali, the gallery saw significant interest. The preview period, which runs until November 12th, will culminate in the launch on November 16th. This date aligns with the launch of three other projects: Nava Grove at Pine Grove, Emerald of Katong, and Novo Place at Plantation Close.
A Rare Opportunity in Serangoon
Ismail Gafoor, CEO of PropNex, predicts strong sales for Chuan Park, driven by positive market sentiment, pent-up demand, and its strategic location. This neighborhood hasn't seen a new private condo launch in 14 years, making Chuan Park a highly anticipated development.
Chuan Park Residences Project Details
Chuan Park, a redevelopment of the former condo of the same name bought en bloc for $890 million in May 2023, is an exciting new launch project in D19. Here’s why:
Prime Location: Located next to Lorong Chuan MRT Station on the Circle Line, offering quick commutes.
Educational Institutions: Short walk to St Gabriel's Primary School and Nanyang Junior College.
Accessibility: Easy access to highways via the Central Expressway (CTE).
Low-Density Living: Ensuring privacy in living areas and amenities, with units facing north offering unblocked views of landed houses.
Convenience: Opposite the condo is the New Tech Park with restaurants and a supermarket. Also, close proximity to NEX Mall and Junction 8 for extensive shopping options.
Nature Access: For cyclists and nature lovers, it’s close to Bishan-Ang Mo Kio Park (3 mins) and Lower Pierce Reservoir Park (20 mins).
Food Haven: Serangoon is ideal for foodies, with many restaurants across the street at the New Tech Park and family restaurants at nearby malls like Collins, Wine Connection, and Dutch Colony. The Ace Signature supermarket is also nearby.
Chuan Park Condo Prices: Prime New Launch in Serangoon
Five Blocks: Three 22-storeys and two 19-storeys
Commercial Units: Two units on a 99-year leasehold site
Site Area: 400,500 sq ft
Total Units: 916 units
Unit sizes and prices:
Two-bedroom: Starts from over $1.5 million, size 700 sq ft
Three-bedroom: Starts from $2.1 million, size 915 sq ft
Four-bedroom: Starts from $3.1 million, size 1,335 sq ft
Five-bedroom: Starts from $3.7 million, size 1,550 sq ft
Estimated average selling price:
$2,500 psf (according to PropNex's Gafoor)
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