The Chuan Grove GLS site offers a fresh opportunity in one of Singapore’s most vibrant neighborhoods. Located in District 19, this upcoming development places residents within easy reach of city conveniences, major transport links, and popular lifestyle hubs. As part of a stable market with long-term growth potential, it arrives at just the right moment.
Site Overview
Chuan Grove GLS covers about 15,831.5 square meters, featuring a maximum gross floor area of 47,495 square meters. With a 99-year leasehold and a gross plot ratio of 3.0, the site can accommodate roughly 555 residential units. These details suggest a lively community balanced between efficient layouts and comfortable living spaces.
Key Details | Information |
---|---|
Site Area | 15,831.5 sqm |
Gross Floor Area | 47,495 sqm |
Tenure | 99-year leasehold |
Gross Plot Ratio | 3.0 |
Estimated Units | Approximately 555 units |
Tender Launch | December 3, 2024 |
Tender Close | July 8, 2025 |
This project stands ready to meet the needs of families, professionals, and investors who recognize the value of a prime location.
Strategic Location Benefits
Close to MRT and Major Roads
The site sits just a 5-minute walk from Lorong Chuan MRT station on the Circle Line. This station grants direct access to many key districts, reducing travel time and improving daily routines. Residents can also enjoy quick connectivity to the Central Expressway (CTE), making it easy to reach Singapore’s central business areas in about 10 minutes.
Lifestyle Conveniences Nearby
Chuan Grove GLS positions residents near a range of daily necessities. Retail outlets, clinics, schools, and eateries are all close at hand. From after-work grocery runs to weekend family outings, the area supports a balanced and fulfilling lifestyle. Popular destinations such as NEX Mall and Serangoon Gardens lie nearby, offering shopping, dining, and entertainment for all ages.
Educational Options
Parents appreciate having good schools within easy reach. With St. Gabriel’s Primary School and other learning institutions in the vicinity, children can benefit from shorter commutes and enjoy more time to study or relax. This convenience enhances the appeal of the development, making it a top choice for growing families.
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Amenities and Green Spaces
Beyond urban conveniences, the area also offers places to unwind. Chiltern Drive Interim Park and other green spots provide calm pockets of nature where families can gather, joggers can enjoy fresh air, and residents can find moments of peace away from the bustle.
Market Context and Past Success
Interest in Chuan Grove GLS builds upon positive market sentiment and recent successes. A nearby development, Chuan Park, recently recorded strong sales at attractive price points. This positive response suggests that quality homes in well-connected areas command attention.
Developers are likely to compete actively for this site, with potential bids translating to around S$1,200 psf per plot ratio. Such robust developer interest often signals confidence in both the location and future buyer demand.
Current Market Trends
Private residential property prices in Singapore have moderated but continue to move upward at a measured pace. Market forecasts predict a 4% to 6% price rise by the end of 2024. This steady growth contrasts with previous faster increases, reflecting a market that is now more balanced and mature.
In Q2 2024, prices rose by 0.9%, a slower climb than in previous quarters. This moderation suits buyers who prefer a more stable environment and sellers who value consistent, long-term appreciation over short-lived spikes.
Regional Price Performance
Real estate values vary across different parts of Singapore. The Core Central Region (CCR) experienced a small dip of 1.1% in Q3 2024, presenting potential entry points for buyers who favor central locations. The Rest of Central Region (RCR) showed modest growth with a 0.8% increase, reflecting its stable popularity.
The Outside Central Region (OCR) remained steady in Q3 2024, sustaining its role as a reliable choice for many. OCR properties recorded strong year-on-year gains in early 2024, supported by consistent demand and well-received new launches. Average new launch prices hover around $2,050 psf, signaling healthy interest in mass-market homes.
Value Indicators and Fundamentals
Supply and Demand Balance
Around 11,300 private residential units are expected to be completed in 2024. This pipeline suggests a steady flow of new homes without flooding the market. A controlled supply helps maintain price stability and gives buyers confidence in the long-term value of their investments.
Leasehold and Freehold Dynamics
Leasehold condos, a common tenure in Singapore, have recorded strong value growth. Prices rose from about $1,246 psf to $1,885 psf over time, reflecting consistent buyer confidence. The price gap between leasehold and freehold units has narrowed to about 4.7%, showing that buyers increasingly focus on location, amenities, and other lifestyle factors rather than tenure alone.
Investment Outlook
Transaction volumes remain encouraging despite a cooling property environment. Buyers continue to seek homes that offer good connectivity, dependable rental demand, and future capital appreciation.
Executive Condominiums (ECs) are also capturing attention, priced at around $1,400–$1,450 psf. These hybrid private-public homes often attract HDB upgraders and first-time buyers. With fewer new homes entering the market, ECs and well-located private condos can enjoy steady interest.
The rental market, influenced by the limited supply of new units, may see slight increases. This trend can benefit investors who prioritize rental income. A property near an MRT station, reputable schools, and commercial hubs often appeals to tenants looking for convenience and comfort.
Future Price Path
Predictions point to a moderate growth trajectory for Singapore’s housing market. Prices are estimated to rise by about 3-5% in 2024, tapering off from the faster growth seen in previous years. This calmer pace favors long-term homeowners who want stability and incremental value gains.
With stable market fundamentals, a balanced supply-demand equation, and continued interest in well-connected neighborhoods, Chuan Grove GLS sits in a favorable position. Its convenient location, strong community amenities, and quality surroundings align with what many buyers seek today.
upcoming Condos
Hurry—prime units vanish fast! Secure your showflat appointment now!
Bloomsbury Residences
Media Circle | D5
Units
355Tenure
99 YearsShowflat
Q1 2025Elta
Clementi Avenue 1 | D5
Units
501Tenure
99 YearsShowflat
Q1 2025The Orie
Lorong 1 Toa Payoh Avenue 1 | D12
Units
775Tenure
99 YearsShowflat
16 Jan 2025Parktown Residences
Tampines Avenue 11 | D18
Units
1,190Tenure
99 YearsShowflat
Q1 2025
Comparing Chuan Grove GLS With Other Sites
Buyers often weigh various factors before deciding. The table below illustrates how different GLS sites measure up in terms of proximity to transportation, schools, malls, parks, and business hubs. By reviewing these details, buyers can quickly see where Chuan Grove GLS excels.
Feature | Chuan Grove GLS | Site A | Site B |
---|---|---|---|
MRT Access | 5-min walk to Lorong Chuan | 10-min walk | Adjacent MRT |
Schools Nearby | St. Gabriel’s Primary | 2 km radius | Few in vicinity |
Parks & Greenery | Chiltern Dr Park | Small Garden | Larger Town Park |
Major Road Access | Close to CTE | Arterial Roads | Near Expressway |
Malls & Eateries | NEX, Serangoon Gdns | Limited Shops | Established Mall |
Commute to Central Area | ~10 mins | ~15 mins | ~20 mins |
Each site offers advantages, but Chuan Grove GLS shines with its MRT convenience, reputable schools, major mall access, and short travel times to central zones.
A Bright Choice in District 19
Chuan Grove GLS presents an opportunity to secure a home in a popular district with reliable connectivity and broad lifestyle appeal. Its position near MRT routes, major expressways, and thriving retail centers ensures that daily life runs smoothly.
Parents gain peace of mind with good schools close by. Shoppers enjoy a variety of options, and the presence of parks provides welcome relief from city life. This thoughtful blend of amenities caters to diverse needs, making it attractive to both families and investors.
Looking Ahead
As market conditions settle into a more mature, stable phase, properties that score well on location, convenience, and livability stand to gain. Buyers looking at Chuan Grove GLS can appreciate the balanced growth environment, consistent demand, and potential for enduring value.
This district’s combination of practical infrastructure, nearby greenery, and convenient facilities will likely remain appealing. With measured price increases and solid fundamentals, the long-term outlook appears positive.
Final Thoughts on Chuan Grove GLS
Chuan Grove GLS arrives at a time when the Singapore property market values stability, convenience, and quality living spaces. The site’s strategic position near Lorong Chuan MRT station and a host of nearby amenities underscores its promise.
From well-connected transport links to educational institutes and retail havens, it checks key boxes that matter to buyers. As the real estate landscape evolves, this development stands ready to meet the expectations of those seeking a comfortable home and a smart investment in District 19.