Timeline
| Date | Event |
|---|---|
| Dec 2024 | URA launches the tender for Chuan Grove Plot 1 (under the 2H 2024 GLS programme) |
| May 2025 | URA launches the tender for the adjacent Plot 2 |
| 8 Jul 2025 | Plot 1 tender closes: 7 bids. Top bid $703.6M ($1,376 psf ppr) by Sing Holdings & Sunway |
| 4 Sep 2025 | Plot 2 tender closes: 5 bids. Top bid $623.9M ($1,331 psf ppr), same consortium |
| After Sep 2025 | In-principle approval to combine the plots and harmonise tenure; planned as one ~1,055-unit development |
| 2H 2026 | Construction expected to start |
What the bids tell buyers
- Strong developer demand. Seven and five bids for suburban plots show confidence in Lorong Chuan.
- A clear land-cost benchmark. At about $1,354 psf ppr blended, the land cost sets a floor under launch pricing. See the land cost analysis.
- One larger, combined project instead of two competing launches next door.
Sources
URA media releases on the Chuan Grove tenders, and SGX announcements by Sing Holdings. Industry commentary from CBRE and ERA.