1. PROJECT HIGHLIGHTS
99 YEARS LEASEHOLD
916 UNITS
NEXT TO LOR CHUAN MRT
D19, OCR FRINGE
1-5 BR UNIT TYPES
<1km FROM 4 PRIMARY SCHOOLS
2. PROJECT DETAILS
Photo is for illustration only. Developer has yet to release the artist impression of this project.
3. PROJECT LOCATION
Accessiblity
The Chuan Park is located beside Lorong Chuan MRT station on the circle line.
đ 1 stop to Serangoon Interchange (NEL Line)
đ 1 stop to Bishan Interchange (NS Line)
Lorong Chuan is also well connected to commercial hubs which will boost rentability
đ 6/7 stops to Buona Vista and One North
đ 5 stops to Paya Lebar
đ 10 stops to Promenade
Amenities
5mins walk to New Tech Park
5mins drive to NEX
7mins drive to Woodleigh Mall
7mins drive to Serangoon Gardens
8mins drive Junction 8
Schools
Within 1km to:
CHIJ Our Lady of Good Counsel
Kuo Chuan Presbyterian Primary School
St. Gabriel's Primary School
Yang Zheng Primary School
Within 2km to:
Pei Chun Public School
Maris Stella High School
First Toa Payoh Primary School
Zhonghua Primary School
Teck Ghee Primary School
Townsville Primary School
Australian International School
Stamford American International School
4. SITE PLAN AND UNIT MIX - TBC
5. PRICING - TBC
Source: Squarefoot Research
Chuan Park was enbloc for $890million or $1058psf.
Accounting for construction, financing, marketing and other cost, the estimated breakeven cost is $2229 PSF PPR.
With an estimated 15% - 20% developer profit margin, the revamped Chuan Park is expected to launch at an average of $2500-$2700 PSF. Exact pricing is TBC.
We have done an in depth analysis of this project to support with data why this project is one of the best new launch in 2024 and we love to share this with you.
6. DEVELOPER - KINGSFORD & MCC
Kingsford Development was incorporated in 2011 by China-based Kingsford Group. Since entering the real estate industry in 2000, the Kingsford Group has developed a number of commercial and residential projects in China.
In 2012, Kingsford Development commenced property development in Singapore with Kingsford Hillview Peak, a 512-unit condominium at Hillview Avenue. It then went on to develop Kingsford Waterbay, a mixed-use development at Upper Serangoon View comprising a 1,165-unit condominium and retail shops. Most recently, they have also completed the construction of 1862-unit Normanton Park.
Photo is an illustration of Kingsford Waterbay
MCC Singapore is the overseas branch of MCC Central Research Institute of Building and Construction (MCC CRIBC), a wholly-owned subsidiary of China Metallurgical Group Corporation (MCC Group). As an overseas regional company of the MCC Group, MCC Singapore represents the Group to carry out regional business activities in Singapore and is mainly engaged in urban planning, project planning, urban and property development, project management, general contracting of construction engineering and foundation engineering, as well as contracting of steel structure engineering. It has been awarded the Top Ten Successful Chinese Enterprises Entering into ASEAN for three consecutive years.
MCC Singapore has also developed and/or project managed several executive condominiums and private condominiums. They include The Alps Residences, Queens Peak, The Canopy, The Nautical, Canberra Residences, One Canberra, Forestville, The Poiz Residences and The Poiz Centre, Provence Residence, One Bernam as well as Sceneca Square and Sceneca Residences.
Photo is an illustration of Queens Peak
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DIRECT DEVELOPER SALES TEAM: (+65) 6685 7669
Disclaimer: "Information is accurate as of time of publishing and pricings are indicative. This information on this marketing material is intended for general information purposes only. While reasonable care has been taken to ensure that the information contained herein is not untrue or misleading at time of dissemination, The sender makes no representation as to its accuracy or completeness. This information contained herein is subject to change without notice.
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