99-yrTOP 31 DEC 20283 BR
New Launch · D19 · Serangoon Garden / Hougang

Chuan Park

Developer Kingsford Development Pte LtdAddress LORONG CHUAN
Chuan Park
Developer-supplied image; may be an artist's impression.
99-yr
Tenure
31 DEC 2028
TOP
916
Units
3 BR
Bedrooms
$1,058
Land PSF PPR
$2,229
Est. breakeven (PropNex est.)

Developer-supplied project information, as at 2026-11-01. Verify current pricing and availability before committing.

Unit mix

What's available

TypeUnitsSize
3 Bedroom81,206–1,227 sqft

Developer-supplied, as at 2026-11-01. Ask for the current price list — units and pricing move fast on a live launch.

What the developer paid

Land cost

Land awarded19-07-2022
Land price$1,097,000,000
PSF PPR$1,058
Est. breakeven PSF (PropNex estimate)$2,229
DeveloperKingsford Huray Development Pte. Ltd., MCC (Land) Singapore

PropNex Business Suite GLS & land-deal sheet, as at 2026-08-15. Breakeven is PropNex's own estimate, not a developer-disclosed figure — treat as directional.

Market evidence

What the transaction record shows

Every figure below comes straight from URA and HDB records — not an opinion, a read you can check yourself.

Rental demand nearby

845 leases within 1.0km in the last 12 months (+9.7% vs the 12 months before), median $4,600/mo.

Source: URA REALIS (PMI_Resi_Rental). Project location = SVY21 x/y on the rental record itself (real coordinates, not a geocode estimate). Trailing 12 complete months vs the 12 before, same convention as price_action()'s trend read.

Demand vs supply nearby

HDB MOP-eligible nearbyPrivate resale clearing SSD
20262027202820292030

How to read this. For each year there are two bars, named in the key above the chart. One counts nearby HDB flats that become eligible to sell (they have passed their minimum occupation period); the other counts nearby private resale units that are clear of the seller's stamp duty holding period. A taller bar means more homes that could come to market that year. It counts homes that could be sold, not homes that will be, and it is not a forecast.

Eligibility, not a forecast — counts flats/units free to sell or already clearing their holding period, not a prediction anyone will. Source: HDB Property Information (data.gov.sg) + HDB Resale Flat Prices, via OneMap geocoding; URA REALIS (PMI_Resi_Transaction), resale caveats only.

MOP = year_completed + 5 (+10 for a manually-flagged Plus/Prime/PLH block — plus_prime_blocks param, empty unless supplied; the fleet has no automated source for which blocks carry the longer MOP, so this defaults to the standard scheme rather than guessing). Blocks resold in the last 5 years move to 'on_resale_clock' (their buyer's own MOP restarted) instead of 'sellable_now'. ELIGIBILITY ONLY — this counts flats free to sell, not a prediction that owners will sell. Town-code shortlist is coarse (see mop_demand() docstring); every counted block was individually confirmed within radius_km by real distance. Each resale caveat within 2.0km bucketed by the year it clears the seller's-stamp-duty holding period (tools.sg_stamp_duty.ssd_expiry, purchase date approximated as the 15th of the transacted month — URA does not publish an exact day). Project location: real coordinates from any rental activity, else a one-time OneMap geocode of the project name (cached). This is the SUPPLY side only — see mop_demand() for demand.

General market information in this section was last updated on 1 Nov 2026.

The abnormality

How rare is this, really?

ClaimFigureWhere it holdsSource
Non-landed private home prices rose 32.6% over the 5 years to 2Q 2026 (URA price index, all tenures and districts).32.6%islandSingStat, Private Residential Property Price Index by type (URA) [1] · as at 2026-11-01
Winning bids for residential-only government land sites averaged $1,204 psf ppr in 2022 and $1,465 in 2026 (+21.7%), across 9 and 10 sites. Land is the part of a new launch's price that is fixed before a single unit is built. 2026 is a part-year.21.7%islandSquare Foot Research / EdgeProp government land sales, aggregated by us, as at 2026-10-01 · as at 2026-10-01 (indicative)
New-sale condo launches: freehold averaged $767 psf in 1995 and $2,852 in 2026 (+271.84%); 99-year averaged $662 and $2,417 (+265.11%). This mainly reflects what each year's launches cost to build, land included, not growth in a unit you already own. 2026 is a part-year. The averages mix ages, locations and sizes.271.84%islandPropNex Investment Suite ProTrend, generated 30 Sep 2026 · as at 2026-09-30 (indicative)
Residential land (GLS)
average winning bid, $ psf ppr. Residential land (GLS): $1,204 in 2022, $1,465 in 2026Residential land (GLS)$1,2042022$1,4652026
How to read this. Each pair of bars compares the average price per square foot in 2022 (gold) with 2026 (green) for that type of property; the longer bar is the higher average. average winning bid, $ psf ppr, bars start at zero so lengths are in proportion. Same figures as the table above. 2026 is a part-year.
Freehold new-sale condo vs 99-year new-sale condo
average $ psf. Freehold new-sale condo: $767 in 1995, $2,852 in 2026; 99-year new-sale condo: $662 in 1995, $2,417 in 2026Freehold new-sale condo$7671995$2,852202699-year new-sale condo$6621995$2,4172026
How to read this. Each pair of bars compares the average price per square foot in 1995 (gold) with 2026 (green) for that type of property; the longer bar is the higher average. average $ psf, bars start at zero so lengths are in proportion. Same figures as the table above. 2026 is a part-year.

Figures are quoted or counted from the sources shown, at the narrowest scope they support -- never an unqualified 'only'.

The honest side

What could go against this?

  • URA's 2H2026 government land sales confirmed list covers 4,745 private homes, including 735 executive condominium units; with the 1H list, 2026's confirmed supply is 9,320 homes, more than 50% above the 10-year annual average. (URA, Private housing supply under the GLS programme sustained at a high level in 2H2026 [1], as at 2026-10-01)

Listed so you hear it from me first. Each point is a sourced fact, not a prediction.

Before you view

Your 5-point Chuan Park buyer's report

  1. Developer track record — past launches by this developer and how they've actually performed since
  2. Land cost — what the developer paid for this site, against how many bidders, and where that sits among recent GLS land prices
  3. Surrounding-project profitability — how nearby projects have performed since their own launch
  4. Supply-demand — projected new-launch supply for this area against absorption
  5. Predicted pricing — a pre-launch estimate from indicated pricing + this developer's past-launch pattern — an ESTIMATE, never the developer's actual number until they release it

I'll send it straight to WhatsApp — free, no obligation.

Send me the buyer's report & price list

Item 5 (predicted pricing) is a pre-launch ESTIMATE only — developers release actual pricing on launch day; this is not that number.

Before you decide

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Questions people actually ask

Where is Chuan Park and who is the developer?
Chuan Park is developed by Kingsford Development Pte Ltd, in D19 Serangoon Garden / Hougang, on Lorong Chuan. Developer-supplied information as at 2026-11-01; confirm before committing.
What are the tenure, completion date and size of Chuan Park?
Tenure: 99-yr. Developer-stated TOP: 31 DEC 2028. 916 units. Developer-supplied information as at 2026-11-01; confirm before committing.
What unit types does Chuan Park offer?
3 Bedroom: 8 units, 1,206–1,227 sqft. Ask for the current price list; availability moves fast on a live launch.
How do I get the price list for Chuan Park, and how do I know the advert is genuine?
Contact Andrea Goh, PropNex Realty Pte Ltd (CEA R000289H), on WhatsApp or call 9693 7787. Verify me: search 9693 7787 on the CEA Public Register. If an advert for this property shows a different number, it is not me.
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