Chuan Park is one of the largest MRT-integrated 99-year launches in D19 of the cycle: 916 units directly adjacent to Lorong Chuan MRT (Circle Line), on a redeveloped site last landscaped in 1983. In this guide we cover tenure, unit mix, indicative pricing, connectivity, the facilities programme, and how the progressive-payment schedule maps onto a typical Singapore buyer’s cashflow.

Why Chuan Park matters

Three structural forces give Chuan Park a distinctive investment profile. First, direct-MRT integration: new launches literally adjacent to a Circle Line station are rare — the last comparable was The Sterling on Bukit Timah Road, and the scarcity premium is persistent. Second, a catchment of three top primary schools within the 1-km priority ring, which is unusual outside the Bishan and Bukit Timah belts. Third, a 916-unit scale: large developments at this size typically carry a management-fee-per-unit advantage of roughly 10–15% versus 300-unit boutiques, because fixed facilities costs spread across a wider base.

Project fact sheet

The site is 400,588 sqft with a plot ratio of 2.1. Five residential towers of 24 to 30 storeys sit atop a two-storey basement carpark with 916 lots. The architectural brief preserves the original 1983 Chuan Park heritage palm grove as a central landscape spine between the towers.

Unit mix and indicative pricing

Price per square foot — how to read the psf band

For Lorong Chuan specifically, the nearest new-build comparable was The Scala at 468 Serangoon Avenue 3, which transacted in 2014 at S$1,400–S$1,600 psf and is now trading on the resale market in the S$1,700–S$1,900 psf band. Newer MRT-adjacent 99-year stock across the Serangoon-Punggol corridor — the 2022–2024 launch cohort — launched in the S$2,000–S$2,300 psf band. Chuan Park’s S$2,500–S$2,720 psf launch range reflects both the 2025 BCA construction-cost inflation cycle and the direct-MRT scarcity premium. The spread of roughly S$200–S$400 over non-MRT-adjacent D19 comparables is the specific item that direct-station-access buyers are paying for.

Project highlights

Three items stand out. First, the pedestrian link between the main residential lobby and Lorong Chuan MRT is fully sheltered — rare even for ‘MRT-adjacent’ launches, many of which advertise a five-minute walk but include an exposed surface crossing. Second, the preserved heritage palm grove runs the length of the site as a central 65-metre-wide landscape spine, which improves the cross-ventilation dynamics materially and gives apartment-level views that aren’t purely facing another block. Third, the ground-floor retail plaza is co-planned with the MRT station reserve, which means residents get a small F&B and convenience cluster without needing to drive out to NEX or Serangoon Gardens for daily essentials.

Connectivity

Lorong Chuan MRT (Circle Line) places the site three stops from Bishan (North-South interchange), four stops from Serangoon (North-East interchange) and nine stops from Marina Bay. For drivers, the Central Expressway is a three-minute ramp via Braddell Road, and the Kallang-Paya Lebar Expressway runs roughly parallel south of the site. The commute from Lorong Chuan to Raffles Place via Bishan and the North-South Line runs at approximately 23 minutes on a weekday peak.

Lifestyle and amenities

Daily amenities are clustered around NEX mall (three MRT stops at Serangoon interchange) and Serangoon Gardens Market & Food Centre (a five-minute drive up Serangoon Avenue 3). The myVillage Serangoon Garden cluster adds a weekend anchor. Outdoor recreation centres on Bishan-Ang Mo Kio Park (two MRT stops to Bishan) and on the Lorong Halus wetland belt.

Primary-school catchment within 1 km includes Chij Our Lady of Good Counsel, Lighthouse School and St Gabriel’s Primary School. Within 2 km, Rosyth School, Nanyang Junior College and Australian International School expand the secondary catchment. Families optimising for Rosyth under Phase 2C benefit from the 1–2 km priority.

Facilities programme

The programme is unusually comprehensive for a 99-year: a 50-metre lap pool, a 25-metre training pool, a kids’ pool, two tennis courts, a multi-purpose court, a gymnasium, a yoga pavilion, a business lounge, a function hall, eight barbecue pavilions and a residents’ clubhouse. The heritage palm grove doubles as an informal recreation spine with a jogging path and a small amphitheatre for community events.

Floor plans — what to look for

Three plan-reading tips. The 2-bedroom 689 sqft is a compact-efficient variant popular with single-professional buyers; the 840 sqft adds a study nook and a utility room, which is where family buyers converge. The 3-bedroom 958 sqft is the smallest 3-bedroom in the mix and has no utility room; the 1,076 sqft and above variants include a separate yard with a service balcony. The 4-bedroom 1,389 sqft is the most efficient large-family unit on the psf basis; the 1,528 sqft variant trades 10% more area for a larger living-dining and a dedicated enclosed study.

Progressive payment schedule

Developer track record

The joint-venture pairing of Kingsford Group and MCC Land has delivered Normanton Park (1,862 units) and Kingsford Waterbay (1,165 units) in the previous cycle. Handover quality on these two projects has been materially above market average based on the 12-month post-TOP defects-liability ticket counts. Project management on Chuan Park is co-led by the two firms, with MCC Land taking primary lead on ground works and Kingsford on finishing.

Sustainability

The project targets Green Mark Platinum with Super-Low Energy certification on the common-area systems. Highlights include high-efficiency chillers sized to peak demand, a 360-panel solar array on the clubhouse roof, and a rainwater-harvesting tank feeding the landscape irrigation. Estimated common-area energy intensity is approximately 22% below the 2015-baseline Green Mark Gold benchmark.

Investment outlook

The rental cohort around Lorong Chuan splits between Australian International School teaching staff (a 2-minute drive to the campus), middle-management professionals commuting via the Circle Line, and a smaller pool of expatriate families choosing D19 for the Raffles Institution-Bishan educational corridor. Gross rental yields on new-build 99-year stock in D19 typically track at 3.4–3.8%, which is above the islandwide private average and materially above the D11 Bukit Timah benchmark — the yield-compensation pattern for shorter-tenure stock.

Completion timeline

Developer-stated TOP is 31 December 2028 with a VP deadline of 31 December 2029. The site’s direct MRT integration adds a small layer of coordination complexity during ground-level piling (for vibration management) but has not historically led to systematic delays in comparable projects.

Frequently asked questions

1. What tenure is Chuan Park?

99-year leasehold from the site handover date. The site was redeveloped from the original 1983 Chuan Park en-bloc sale.

2. How many units and what is the mix?

916 units across five towers. 1- and 2-bedroom together make up around 46%, 3-bedroom around 36%, 4- and 5-bedroom around 17%, with four penthouses.

3. What is the price per square foot range?

Indicative S$2,500 to S$2,720 psf. 1-bedroom stock prices at the top of the range on a psf basis; 4- and 5-bedroom large units price at the bottom.

4. When will Chuan Park obtain Temporary Occupation Permit?

Developer-stated TOP is 31 December 2028 with VP deadline 31 December 2029.

5. How close is Lorong Chuan MRT?

Approximately 140 metres — a 2-minute covered walk via a dedicated pedestrian link to the station.

6. What schools are within 1 km?

Chij Our Lady of Good Counsel, Lighthouse School and St Gabriel’s Primary School fall within the 1 km priority band. Rosyth School and a wider secondary cohort are within 2 km.

7. What is the Additional Buyer’s Stamp Duty exposure?

Singapore Citizen 1st property: 0%. SC 2nd: 20%. Foreigner: 60%. Entity/trust: 65%. See our ABSD guide.

8. Can CPF be used to buy a unit?

Yes. A Singapore Citizen or PR buyer may use CPF Ordinary Account funds for the downpayment top-up after the 5% cash booking fee, subject to the Valuation and Withdrawal Limit framework.

9. How does the progressive payment scheme work?

5% cash at OTP; 15% at S&P within 8 weeks (typically 5% cash plus 10% CPF); 80% drawn progressively from the home loan across foundation, carpark, ceiling/roof, TOP and CSC milestones.

10. What is the rental yield outlook?

Gross yields on new-build 99-year D19 product have tracked in the 3.4–3.8% band through 2024 and 2025, with 1- and 2-bedroom units at the top of the range.

11. Can foreigners purchase at Chuan Park?

Yes. Non-landed residential property is open to foreign buyers. ABSD of 60% applies. No LDAU approval is required for non-landed.

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