As the Urban Redevelopment Authority (URA) continues to shape Singapore’s residential landscape, a second land parcel near Chuan Grove, off Lorong Chuan in District 19, has been launched for sale under the 1H2025 Government Land Sales (GLS) Programme. This follows a recent tender for another nearby site, signaling the URA’s focus on meeting housing demand in this vibrant area.
With the tender set to close on September 4, 2025, excitement is building among developers enthusiastic to tap into the steady interest in this part of the city. District 19, nestled outside the Central Region, is showing its appeal with only 4,361 unsold units as of Q1 2025, the lowest since late 2022. This scarcity suggests new projects here carry lower risk, a comforting thought for developers eyeing the Chuan Grove plot.
Market watchers expect three to six bidders to throw their hats in the ring, with top bids likely ranging from S$1,000 to S$1,350 per square foot per plot ratio (psf ppr), though some estimates dip to S$900 to S$1,000 psf ppr. For context, the 2022 collective sale of the old Chuan Park condo nearby fetched S$1,256 psf ppr, setting a benchmark that still resonates.
The site itself, ideal for private housing, sits close to Lorong Chuan MRT and key amenities, making it a sweet spot for both owner-occupiers and investors. Additionally, the proximity to reputable schools like CHIJ Our Lady of Good Counsel enhances its appeal for families reputable schools nearby.
Nestled near Lorong Chuan MRT, this prime site blends charm and convenience, making it a gem for owner-occupiers and investors alike.
The area’s established charm, paired with lifestyle conveniences, adds to its draw. The projected yield of approximately 505 new condominium units from this site further underscores its potential to meet growing demand 505 new units.
With nearly 2,000 new units expected over the next two years, including the recent Chuan Park project launched in November 2024 by Kingsford, the local market is getting a revitalizing boost. Like Lentor Central Residences which achieved a 93% take-up rate during its launch weekend, District 19 projects are anticipated to perform well given the strong buyer interest in emerging neighborhoods. It’s no surprise that District 19 is seen as a growth area, with steady transactions fueling developer confidence.
For bidders, the limited unsold stock and pent-up demand present a golden opportunity, even if competition remains robust. Analysts and developers alike will be watching this tender closely, as it could set the tone for future projects.
The URA’s ongoing efforts here underline a commitment to balancing supply and demand, ensuring District 19 remains a hotspot for residential growth. Could this be the next big win for a savvy developer? Only time will tell.
