Bold S$1,376 Psf Ppr Bid at Chuan Grove Signals Strong Faith in Lorong Chuan Growth

A jaw-dropping $1,376 psf ppr bid shatters decade-old pricing records at Lorong Chuan’s Chuan Grove site. Developers are betting big on this overlooked gem. What fuels their conviction?

Strong Faith In Lorong Chuan Growth

A striking S$1,376 per square foot per plot ratio (psf ppr) bid has emerged as the top offer for the Chuan Grove site in Lorong Chuan, capturing attention in Singapore’s property scene during the July 2025 tender. This bold figure, the highest among seven competitive bids, signals a wave of confidence among developers in this well-loved residential enclave.

It’s no small feat, considering this is the first government land sale in the area since 2009, when the Scala site fetched a modest S$529 psf ppr. Clearly, times have changed, and Lorong Chuan is now a hotspot worth watching. Additionally, the upcoming launch scheduled for December 2024 further underscores the area’s potential for growth and investment (upcoming launch scheduled). The nearby Holland Plain site from the Reserve List is also set to launch in December 2024 with potential for 275 residential units, creating additional housing options in Singapore’s urban landscape Holland Plain site.

Situated on a 14,514.3 square meter plot, roughly 1.58 hectares, the Chuan Grove site offers space for about 505 to 550 condominium units under a 99-year leasehold. With a gross plot ratio of 3.0, developers can maximize density, making it a juicy opportunity. Its location, just a three-minute stroll from Lorong Chuan MRT station on the Circle Line, adds to the appeal, offering quick island-wide connectivity. The site is also part of the government’s 1H2025 GLS Programme, which includes a total of 5,030 units to be released (total units released).

Families and professionals will likely flock here, drawn by nearby schools like St. Gabriel’s Primary, supermarkets, clinics, and even the Chiltern Drive Interim Park for weekend picnics. It’s a neighborhood that ticks many boxes, blending convenience with community charm.

The bid itself sets a new benchmark, surpassing the S$1,200 psf ppr land rate of the nearby Chuan Park en bloc deal in 2023. When Chuan Park relaunched in 2024, it sold 76% of its 916 units over a single weekend at an average of S$2,579 psf—proof of strong buyer demand. Developers eyeing Chuan Grove seem to believe similar success awaits, especially with limited new supply in the area for over a decade.

The government’s steady release of land under the 1H2025 GLS Programme also aims to balance this hunger for homes. As the tender heads toward its close at noon on September 4, 2025, the buzz around Lorong Chuan grows louder. This S$1,376 psf ppr bid isn’t just a number; it’s a vote of faith in the area’s future. Could this be the start of even bigger things? Only time will tell.

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