An integrated development above Hougang MRT with Hougang's largest mall and a new bus interchange, by CapitaLand, UOL, SingLand and Kheng Leong. Project name to be announced.
What stands out about this upcoming launch, from the land sale to the location.
Mixed-use GLS site that includes what is billed as Hougang's largest mall (~300,000 sqft NLA).
Directly linked to Hougang MRT (NEL), with a Cross Island Line interchange planned by 2030.
Comes with a new integrated bus interchange and town plaza.
About 830 homes by a CapitaLand Development and UOL 50:50 joint venture.
Won for about $1.5 billion ($1,179 psf ppr) against bids from Sim Lian ($1,155 psf ppr) and Frasers-Sekisui-Lum Chang ($1,100 psf ppr).
First GLS parcel in Hougang since 2019.
Montfort Junior School is across the site; CHIJ Our Lady of the Nativity and Holy Innocents' Primary are within 1 km.
Residential JV: CapitaLand Development, UOL, Singapore Land Group and Kheng Leong (50:30:10:10); CapitaLand Integrated Commercial Trust owns the mall.
About 300,000 sq ft mall, the largest in Hougang, plus a rebuilt bus interchange under one roof with Hougang MRT.
| Address | Hougang Central / Hougang Avenue 10, above Hougang MRT Station |
| Developer | CapitaLand Development, UOL, Singapore Land & Kheng Leong |
| Tenure | 99-year leasehold |
| Units | About 835 |
| Site area | 504808 sq ft |
| Land price | $1,500,738,338 (~$1.5 billion) · $1,179 psf ppr |
| Land awarded | 14 January 2026 |
| Est. completion | 2031–2032 (estimated) |
The unit mix and prices have not been released yet.
Estimate only, not developer pricing: CLYA estimates about $2,806 psf from the land price; analysts at the tender expected $2,500–2,600 psf.
The closest completed project, Riverfront Residences, is the resale benchmark for this area. It shows what buyers already pay for completed homes nearby, compared with new-launch pricing here.
Based on recent URA caveats. Figures are approximate.
| Project | Riverfront Residences |
| Average resale psf | $1,736 |
| Recent range | $1,342 - 2,054 |
| Completed (TOP) | 2023 |
Launch prices, today's prices and take-up at recent new launches in the area.
| Project | Launched | Launch avg psf | Avg psf today | Sold | TOP |
|---|---|---|---|---|---|
| Chuan Park | Nov 2024 | $2,579 | $2,640 | 99% | 2027 |
Based on URA caveats, tracked by CLYA. Figures are approximate.
It is at Hougang Central / Hougang Avenue 10, above Hougang MRT Station (D19, OCR).
CapitaLand Development, UOL, Singapore Land & Kheng Leong
99-year leasehold
About 835 units.
Land awarded: 14 January 2026; Preview (estimate): Q2 2027
Prices have not been released yet. Register below to get the price list as soon as it is out.
No. For new launches, buyers do not pay any agent commission. The developer pays it.
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