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The batching of your closing of tenders from the Chuan Grove and Holland Website link marks the 1st two sites to close in 2H 2025, and it is indicative in the lengthier tender intervals observed for modern GLS web-sites.

The Government will continue to release a gentle supply of private residential models in coming GLS programmes, with source calibrated to account for prevailing economic and residence marketplace ailments.

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People from landed estates in Serangoon Gardens, Chiltern, Bartley and Serangoon Central, kind a powerful pool of ideal-sizer profiles. Therefore, we could be expecting desire from inhabitants living in these close by landed enclaves wanting to proper sizing their residing Areas.

Chuan Grove guarantees a vibrant community inside of a nicely-set up neighborhood. Its strategic site beside

Citizens can working experience an excellent lifestyle, savoring the comfort of staying in proximity to a suite of facilities.

Delight in seamless connectivity with Lorong Chuan MRT station merely a stone’s throw absent, and top rated-notch academic institutions in just near proximity.

This also highlights the efforts made by URA to keep up a balanced pace of the release of latest web-sites in the private residential current market.

Predictions point to the average expansion trajectory for Singapore’s housing current market. Price ranges are believed to rise by about 3-five% in 2024, tapering off within the a lot quicker expansion viewed in preceding several years. This calmer tempo favors lengthy-term homeowners who want steadiness and incremental price gains.

Supplied the lack of long run GLS websites in Lorong Chuan, long run developments are more likely to come from en blocs of more mature condos. We can assume to see related collective gross sales Later on, provided that a few collective product sales are effective in the area.

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Developers could be inspired by Chuan Park’s far chuan grove residences better-than-expected profits functionality and will possible area competitive bids to capitalise to the spillover results within the pent up desire within the vicinity.

Desire could also come from HDB upgraders living close to the web-site. In the following four many years, an estimated range of three,815 flats (4-home and bigger) in Toa Payoh are set to fulfil their MOP, Using the Chuan Grove site one of the selections for customers to improve to.

Around eleven,300 non-public residential models are anticipated to become done in 2024. This pipeline indicates a gentle circulation of new residences with no flooding the market. A controlled supply will help preserve rate balance and provides customers self-confidence from the extended-time period value of their investments.

The location sits simply a five-minute walk from Lorong Chuan MRT station around the Circle Line. This station grants direct access to many key districts, reducing vacation time and improving daily routines.