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CHUAN PARK

Lorong Chuan (and 1 others) · D19 Serangoon
Condominium99-yearEst. TOP 2028
$2,683 psf
median $psf
median rent · psf/mo
gross rental yield
23
highest floor
916
total units
~2028
TOP / completion
Median $psf excludes ground & top-floor units · basis: last 12 months.
67
/ 100
HomeVestor Investor Score
Best for: Family demand + Exit liquidity
Watch out for: Short remaining lease, Limited rental data, Priced above its district
Data confidence: Low · overall risk: Moderate
Yield
Cashflow
Liquidity67
Growth50
Family84
How is this worked out? — the five sub-scores
Yield
Gross rental yield, scored across a 2.0–4.5% band.
Cashflow
Estimated net monthly cash at 75% LTV and today’s floating rate, rented out.
Liquidity
Project size plus sales & rental volume — how easily you could exit.
Growth
URA growth-node, MRT proximity and recent price momentum.
Family
A popular (oversubscribed) primary school within 1 km.
Overall
The average of the five sub-scores (each 0–100, higher = better).
Risk flags
Short remaining lease — ~53 yrs left, so steeper future lease decay · Limited rental data — 0 rental contracts, so the yield estimate is soft · Priced above its district — ~82% above the D19 median $psf
Note: risk flags are screening signals from the data — not confirmed defects; check each against the actual unit, title & MCST.
A screening heuristic — not financial advice; verify every figure and your own budget before transacting.
Investor verdict

Chuan Park is a 53-yr remaining leasehold project in D19 Serangoon with limited yield data, good liquidity and strong school demand (Kuo Chuan Presbyterian Primary School within 1 km). It sits in a URA growth node (Punggol Digital District).

Best suited for
  • Family demand buyers
  • Exit liquidity buyers
Less suited for
  • pure rental-yield investors
  • buyers seeking a fresh/long lease
Key due-diligence
  • Confirm the exact unit stack, facing and floor — our figures are project medians.
  • Stress-test cashflow at +1–2% interest in the calculator below.
  • Verify the school 1 km boundary & current MOE rules — priority is not a guarantee.
  • Factor lease decay into your exit horizon.

Investment report

A plain-language read on Chuan Park — genuine strengths, honest risks, an independent fair-value range and a Buy / Watch / Avoid position, all from the data above.

Why this may work
  • In the Punggol Digital District URA growth precinct — a corridor earmarked for new jobs, transport and amenities.
  • Strong transaction liquidity — 119 resale deals in the past 12 months, so pricing is well-tested and exit is easier.
  • Oversubscribed primary school (Kuo Chuan Presbyterian Primary School) within 1 km — a durable family-demand anchor.
  • Well-sized 916-unit project — larger developments trade at firmer $psf and resell faster.
Why this may fail / what to watch
  • Entry $psf sits ~82% above the D19 median — a location/quality premium that has to keep being earned.
  • Short remaining lease (~53 yrs) — faster lease decay, plus CPF-usage and financing curbs as it nears 60 yrs.
  • Check nearby new-launch & upcoming TOP supply — a fresh project within walking distance can cap rents and resale for a few years.
Signals screened from the data — strengths and risks, not confirmed facts. For educational purposes only — not financial advice.

Fair-value range

Several independent value bases — more informative than a single median. The combined range weights the project-specific bases most.

Recent project median $psfexcludes ground & top-floor units$2,683 psf
Same-size, recent compsfloor of ±25% size band, recency-weighted$2,595 psf
D19 district-comparablemedian $psf of all projects in the district$1,472 psf
HomeVestor fair range$1,983–$2,575 psf
≈ $1,856,088–$2,410,200 for a ~936 sqft unit

See the D19 comparables behind that district base on the map below — switch on “District condos by $psf” in the layers (this project vs cheaper/pricier neighbours).

How is this worked out? — the value bases & combined range
Project median
Recency-filtered median $psf of this project’s own resale caveats (ground & top-floor units excluded).
Same-size comps
Recency-weighted median $psf of caveats within ±25% of the typical unit size (6-mo full, 6–12-mo 70%, 12–24-mo 40%) — the comparable-sales method used in our Valuation tool.
District-comparable
Median $psf across all projects in the same district — a market-level sanity check (a genuinely superior project can sit above it).
Yield-supported
The $psf at which today’s median rent would return a 3.8% target gross yield for a OCR project — anchors price to rental fundamentals.
Combined range
A weighted blend (comps 28%, yield 28%, project median 22%, district 22%); the band width (±5–13%) reflects how far the independent bases disagree, so a genuinely over- or under-priced project sits outside it.
Note: a project-level estimate — a specific unit’s floor, facing and size shift its fair value. Check a specific unit’s price ›
For educational purposes only — not financial advice.

Buy · Watch · Avoid

Where the project’s current median $psf sits against its fair range, overlaid with the risk signals. An educational classification — not a recommendation.

BUY — below fair
WATCH — around fair
AVOID — above fair
Avoid zoneCurrent median $2,683 psf sits above the fair range — the risk/reward looks stretched at today’s pricing.
Compares project medians to a computed fair range — individual units vary. For educational purposes only — not financial advice.

Price trend

6-month rolling median $psf · excludes ground & top floor

Long-run trend — project vs. market

Indexed to 100 at 2021 · 2021–2026

Long-run line = URA Private Residential Property Price Index (indexed market trend, not unit prices). Markers = actual transactions, past 5 years. Source: URA via data.gov.sg, SODL v1.0.

Zeroing in on one unit? Check if it’s fairly priced ›  ·  Work out what to offer ›

Popular schools nearby

Proximity to an oversubscribed primary school is a major driver of family demand. Being within 1 km gives the top P1 balloting priority; 1–2 km is next.

Within 1 km — highest P1 priority
1 – 2 km

Location & neighbourhood

Tap any label below the map to show or hide that layer, or use Show / hide all. On by default: primary schools, MRT stations within 2 km (nearest highlighted), and hawker / malls / supermarkets. Off by default (tap to switch on): Secondary / JC / Poly, international schools, bus stops, healthcare and childcare.

Nearest MRT: Bishan MRT Station · ~996 m. Amenities © OpenStreetMap contributors (ODbL), tiles © CARTO.

About this project

Project NameCHUAN PARK
Street NameLorong Chuan (and 1 others)
Property TypeCondominium
Tenure99 yrs from 1980 · ~53 yrs left
District / Planning AreaD19 / Serangoon
Completion2028 · est. (under construction)
Number of units916 units
Highest floor in the project23
DeveloperCHUAN PARK DEVELOPMENT PTE LTD
Land Area (sqm)37,216
Master Plan Plot Ratio3

All transactions (890)

Newest first. Click any column heading to sort. Ground & top-floor units are excluded from the median above.

e.g. 20-07 · 20- = storey 20 · -07 = stack 07
both optional
Date Address Size
(sqft)
$psf Price
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