CHUAN PARK RESIDENCES
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GARDEN HOME OF THE CITY
Chuan Park Residences is a 99-year leasehold development in Lorong Chuan area, next to the Lorong Chuan MRT and New Tech Park. Much interest has been generated for Chuan Park en bloc collective sale in the recent years.
Former Chuan Park has a huge land plot of 400,517 sqft, and a gross plot ratio of 2.1 under the Urban Redevelopment Authority's Master Plan 2019. Chuan Park can be potentially redeveloped into a 900-unit residential project.
OVERVIEW
Chuan Park is a condominium in Lorong Chuan in District 19. Located in the North East Region in the planning area of Serangoon, Chuan Park is a 99-year leasehold property, with lease starting from 6 June 1980. The project was completed in 1984 with 444 units.
900
No. of Units
400,589
sqft
Land Area
Kingsford
& MCC
Developer
99 years
leasehold
Tenure
Factsheet
Name | Chuan Park |
Developer | Chuan Park Development Pte Ltd |
District | 19 – Serangoon Planning Area |
Ratio | 2.1 |
Address | 240 Lorong Chuan |
Overall Site Area | 37,215.60sqm (400,588.72sqf) |
GFA | 841,236.3 sqft |
Total Units | 916 units |
Tenure | 99 years leasehold |
No.of Blocks | 5 Blocks |
Total Residential units | 916units |
Total Shop units | 2 units |
Unit Mix
Unit Type | Size |
2BR | 65sqm (700sqf) 77sqm (829sqf) |
2BR+S | 68sqm (732sqf) 69sqm (862sqf) 81sqm (872sqf) 82sqm (883sqf) |
3BR Classic | 85sqm (915sqf) 87sqm (936sqf) 89sqm (958sqf) 103sqm (1109sqf) 104sqm (1119sqf) |
3BR Deluxe | 95sqm (1023sqf) 96sqm (1033sqf) 112sqm (1206sqf) |
3BR Premium | 112sqm (1206sqf) 114sqm (1227sqf) 138sqm (1485sqf) 139sqm (1496sqf) 140sqm (1507sqf) |
4BR Classic | 124sqm (1335sqf) 150sqm (1615sqf) |
4BR Premium | 129sqm (1389sqf) 156sqm (1679sqf) |
5BR | 144sqm (1550sqf) 171sqm (1841sqf) |
Shops | 137sqm (1475sqf) 104sqm (1119sqf) |
Register Your Interest For the Re-Launch of Chuan Park Residences!
Chuan Park Residences- This sprawling land plot occupies an excellent location, being right beside Lorong Chuan MRT Station and close to many good schools.
Key Selling Points
1/ Chuan Park Residences offers a total of 900 units.
2/ Chuan Park condominium is located right beside Lorong Chuan MRT and about less than 10 mins walk to Serangoon Bus Interchange or NEX mall.
3/ In its vicinity are hawker centres such as Serangoon Garden Market and Food Centre as well as neighbourhood cafes and bars.
4/ Schools in the area also include CHIJ Our Lady of Good Counsel, St Gabriel's primary and secondary schools, Raffles Girls' Secondary School, Nanyang Junior College, the Australian International School as well as several others.
EVERY ARRIVAL IS A GRAND SETTING
At Chuan Park Condo En bloc, every day can be a getaway when being embraced by a plenty of lifestyle facilities. Take a stroll at Amazon Valley; enjoy a mindful moment at Zen Garden; gather for a meal at Dining by The Woods; sweat it out at Botanical Outdoor Fitness. Live life without stepping out of home.
6am
Break of dawn, rise and shine! Channel inner peace with a yoga session at the floating boardwalk or island lawn.
12 pm
Too hot out for a jog round the gardens? Work out in air-conditioned comfort at the floating gym.
DRAPED IN ELEGANCE, FURNISHED WITH STYLE
Underscored by efficient design and tasteful furnishing at Chuan Park Condo, thoughtfully-conceived interiors instantly make a house become a home. Create memorable family moments with a functional spatial layout and induce a lasting impression with quality home appliances and fittings.
A STRONG LOCATION CLOSE TO SERANGOON CENTRAL
The Neighborhood of Chuan Park New Launch
Chuan Park @ Lorong Chuan in District 19 The developers have good reason to be confident in this position. Chuan Park is located next to Lorong Chuan MRT Station (Circle Line), just one stop from NEX Megamall and Serangoon MRT Station (Circle Line, Northeast Line).
Enhancing Locational Potential And Connectivity
The location is about an eight-minute drive from Serangoon Gardens and has four schools within one kilometer of Home to School Distance (HSD): St. Gabriel (eight minute walk), CHIJ Our Lady of Good Counsel Elementary School, Yangzheng Elementary School, and Zhonghua Middle School.
Also a short drive to Orchard Road
And Central Business District (CBD) via the Central Expressway (CTE) which can also lead to a few more expressways like PIE, KPE, ECP. New Tech Park @ Lorong Chuan also have wide range of dining options for residents staying in Chuan Park.
CHUAN PARK RESIDENCES | LATEST NEWS
Chuan Park Apartment Reboots to Bid at $938 Million
Chuan Park Apartment Reboots to Bid at $938 Million
SINGAPORE (EDGEPROP) - Chuan Park Condominium, a private apartment rental for 99 years has been relaunched for sale for $938 million through public tender by the marketing company, ERA Realty. The property located at 240 to 250 Lorong Chuan was built in 1984 and has a 99-year lease since 1980.
The current development features 444 condominium units and two commercial apartments. It is located on a land of 400,588 square feet with a lot rate of 2.1. Under the 2019 URA Master Plan, this means the site could be redeveloped into a new condominium with a total floor area (GFA) of 841,236 square feet. This means about 900 residential units, subject to approval by the URA and the Land Transport Authority.
The last time Chuan Park was put up for bid for the same $938 million was on October 5, 2021. Bidding ended on November 18, followed by 10 weeks of private treaty negotiations.
This is the second collective sale attempt by the owners of Chuan Park. The first collective sale attempt was in 2018, at a then $900 million price.
Based on a guide price of $938 million, the resulting land price comes to $1,256 psf per lot rate after considering a premium of $192.62 million to increase the lease to a new 99 years. According to Stanley Khoo, ERA's division manager, who is handling the sale, there are no development fees to be paid due to the existing high base level.
Located in an old private residential area in District 19, Chuan Park Condo is conveniently located right in front of Lorong Chuan MRT station on the Circle Line. It's also close to top schools like CHIJ Our Lady of Good Counsel, Maris Stella High School and Raffles Girls' School (High School).
The bidding for Chuan Park Apartment will end on April 26.
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Thank you for your interest in Chuan Park Residences . We are happy to provide the latest information when you book a consultation right here. The apartment has long-term investment value and is sought after in the near future, so don't miss the opportunity to own it. Please contact us or leave your information, we will contact you directly as soon as possible. Best regards!
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