Skip to content

Chuan Park (Demolished)

Condominium · District 19 (Serangoon Gardens / Hougang / Punggol) · Outside Central Region · 99-year lease (53 yrs left) · Updated Jul 2022

Chuan Park (Demolished) is a 99-year lease (53 yrs left) condominium development in District 19 (Serangoon Gardens / Hougang / Punggol). It has 5 recorded private transactions. Latest sale: $890,000,000 (Jul 2022, 57584 sqm, floors 21-25). Median $1,112/sqft. 53 years lease remaining.

Latest Sale
$890,000,000
Jul 2022 · 57584 sqm
Median Price
$1,112/sqft
$1,700,000 typical unit
Transactions
5
$880–$1,436 psf
Price Trend
Too few periods

Where Chuan Park (Demolished) ranks in District 19

All 148 projects ›
Median psf
#138 / 148
Typical unit price
#32 / 148
Most recent sale
#1 / 148

Median psf over time

Estimate a unit at Chuan Park (Demolished)

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +3%/yr
Lease decay −0.67%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

53 yrs
Remaining lease
0.67%
Annual decay (Bala's Table)
1980
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.67% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $1,003 2
16-20 $1,089 2
21-25 $1,436 1

Recent transactions

DateFloorType AreaPricepsf
Jul 2022 21-25 Resale 57584 sqm $890,000,000 $1,436
May 2022 16-20 Resale 142 sqm $1,700,000 $1,112
Jul 2021 01-05 Resale 190 sqm $1,800,000 $880
Jul 2021 01-05 Resale 66 sqm $800,000 $1,126
Jun 2021 16-20 Resale 142 sqm $1,630,000 $1,066
Showing 5 of 5 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.

About Chuan Park (Demolished)

Chuan Park (Demolished) is a 99-year leasehold development with its lease commencing in 1980 and about 53 years remaining in District 19 (Serangoon Gardens / Hougang / Punggol), within the Outside Central Region of Singapore. It has a thinner transaction history, with 5 recorded condominium transactions between 2021-06 and 2022-07, ranging from $800,000 to $890,000,000. The most recent transaction was a 57584 sqm unit (floors 21-25) sold for $890,000,000 in 2022-07, and the median price is $1,112 per square foot. Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 53 years remaining is 0.8385, an annual lease decay of about 0.67%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Chuan Park (Demolished) cost?

The most recent transaction at Chuan Park (Demolished) was $890,000,000 for a 57584 sqm unit in 2022-07. The median price is $1,112 per square foot across 5 transactions, ranging from $800,000 to $890,000,000. Data sourced from URA.

Is Chuan Park (Demolished) freehold or leasehold?

Chuan Park (Demolished) is on a 99-year lease commencing in 1980, with approximately 53 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.67%.

What is the price per square foot (psf) at Chuan Park (Demolished)?

The median price at Chuan Park (Demolished) is $1,112 psf, with transactions ranging from $880 to $1,436 psf. This is based on 5 URA-recorded transactions in District 19.