November 06, 2024

Chuan Park New Launch Review – We Put It Through A 16-Factor Test, And The Score Is…? | NLR Ep 35

Ever since the successful en bloc of Chuan Park back in 2022, market participants have been anticipating this new launch project right next to Lorong Chuan MRT station on the Circle Line (CCL). The redeveloped Chuan Park, which will not fall under URA’s GFA harmonisation rule, will yield 916 units with a land size of over 400,000 sqft.

In this episode, Yu Rong from PropertyLimBrothers takes a closer look at Chuan Park, an upcoming 99-year leasehold development by Kingsford and MCC Land. He analyses the project against 16 factors to determine whether Chuan Park is a potential good buy, so stay to the end to find out his final score for this highly anticipated new launch project!

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00:00 Intro

00:38 Project Background

01:15 Project Details

01:51 Project Density & Volume

02:50 Developer Details

03:08 Unit Mix

03:57 Location Analysis

06:31 Ambience & Environment

09:43 Design Concept & Facade

11:02 Facilities

12:38 Rentability

14:14 Transformation (Growth Potential)

15:10 Tenure

15:15 Supply

16:09 Exit Audience

18:10 Developer’s Cost Price

19:11 Layout

19:45 2-Bedroom Layout

20:31 2-Bedroom + Study Layout

22:42 3-Bedroom Layout

28:24 4-Bedroom Layout

30:46 5-Bedroom Layout

32:15 Entry Price

34:47 The Verdict

36:49 Outro

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insights by PropertyLimBrothers is our editorial and research arm where we do deep analyses of market trends, property news and all things Real Estate. Our Insights channel will cover deep dives from New Launch analyses to investments FAQs, answering relevant and insightful questions that best position our readers in this ever volatile market.

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