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Quick Answer: Chuan Park is a 916-unit new launch condo at Lorong Chuan CCL MRT by Kingsford-MCC Land JV, redeveloping the former Chuan Park estate. Indicative prices from $1,580 psf for a dual-MRT (CCL + NEL via Serangoon interchange), mature estate OCR address with NEX mall catchment.
CEA Disclaimer: Alvin Tan | CEA Reg. No. R072324C | ERA Realty Network Pte Ltd (L3002382K). All prices and projections are indicative only and subject to change without notice. This article does not constitute financial or investment advice. Past performance is not indicative of future results.
Table of Contents
Chuan Park: Redevelopment of a Beloved Serangoon Address
Chuan Park is the residential redevelopment of the former Chuan Park condominium en bloc site at Lorong Chuan, successfully acquired by Kingsford Huray and MCC Land for $890M in 2023. The new development delivers:
- 916 units across multiple residential towers
- Direct Lorong Chuan MRT (CCL) access: Circle Line connects to Serangoon (NEL+CCL interchange), Bishan, Dhoby Ghaut, and Marina Bay in one route
- Large unit sizes: Including 4-bedroom and 5-bedroom configurations catering to the upgrader market
- Established neighbourhood: Mature private residential enclave with landed and semi-detached estate feel
- School belt: CHIJ Our Lady of Good Counsel, Zhonghua Secondary, Lorong Chuan MRT junction
Chuan Park Price Guide 2026
Indicative pricing for Chuan Park units in 2026:
- 1-bedroom (484–527 sqft): from $920K indicative ($1,750–$1,900 psf)
- 2-bedroom (700–807 sqft): from $1.35M indicative ($1,700–$1,900 psf)
- 3-bedroom (1,066–1,130 sqft): from $1.90M indicative ($1,750–$1,850 psf)
- 4-bedroom (1,421–1,604 sqft): from $2.55M indicative ($1,650–$1,800 psf)
- 5-bedroom (2,024 sqft): from $3.50M indicative
All prices indicative only. Developer pricing subject to change. ABSD, BSD, and legal fees apply.
Why Lorong Chuan-Serangoon Commands a Premium Over Typical OCR
The Lorong Chuan micro-market sits at the quality end of OCR pricing because:
- Dual MRT via 2 stops: Lorong Chuan CCL to Serangoon (NEL+CCL) in 2 stops — gives pseudo-dual-line access
- Landed estate ambiance: Surrounding Braddell Heights and Lorong Chuan estate of low-rise private housing creates a premium streetscape uncommon in OCR
- Low historical supply: Prior to Chuan Park redevelopment, the Lorong Chuan precinct had seen minimal new condo supply for over a decade
- NEX mall proximity: 5 min to Serangoon MRT and NEX (one of Singapore’s 10 largest malls) via CCL
Chuan Park vs Serangoon Condos 2026: Micro-Market Comparison
| Development | PSF Range | MRT | Units |
|---|---|---|---|
| Chuan Park (new) | $1,650–$1,900 | Lorong Chuan CCL | 916 |
| The Garden Residences | $1,600–$1,800 | Serangoon North | 613 |
| Kovan Regency (resale) | $1,400–$1,600 | Kovan NEL | 393 |
Investment Case: Chuan Park as a Long-Term Hold
- CCL appreciation cycle: As the Lorong Chuan CCL station matures (opened 2009), the surrounding residential market continues to appreciate
- Large unit sizes attract upgrader families: 4-5 bedroom Chuan Park units target the HDB upgrader family segment with rare large-format private units in the North-East
- Rental yield: Indicative 3.0%–3.8% gross for 2-3 bedroom units, driven by NEX mall workers, school belt families, and North-East commuters
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