Launch · Price
Chencharu Central Residences Preview Date and Price
Target preview: 16 January 2027. Showflat visits 16 to 26 January, by appointment. Prices have not been released yet.
Timeline
| Jun 2024 | HDB unveils the Chencharu masterplan: about 10,000 homes by 2040, a new park, a bus-only road and an integrated hub with a bus interchange and hawker centre. Business Times: HDB unveils Chencharu masterplan (12 Jun 2024) |
|---|---|
| 26 Sep 2024 | HDB launches the Chencharu Close site for tender. |
| 11 Sep 2025 | Tender closes with 3 bids. |
| 26 Sep 2025 | HDB awards the site to Evia MCS, Gamuda (Singapore) and H108 for $1,012,588,989.89, about $980 psf ppr. HDB: mixed residential site sold, Chencharu Close (26 Sep 2025) |
| 24 Dec 2025 | The 99-year lease starts. |
| Oct 2026 | Name announced as Chencharu Central Residences; unit mix published (26 Oct). |
| 16 Jan 2027 | Target preview; showflat visits 16 to 26 Jan by appointment |
| 30 Dec 2029 | Expected TOP on ERA's fact sheet. The developer's filing allows up to 84 months from the award. |
How the price is likely to be set
Nobody outside the developer knows the price yet, and I won't guess a number for you. These are the things that will shape it:
- Land cost. About $980 psf ppr. The next-highest bid was $818, so the winners paid well above the field. Lower land cost than many recent sites gives the developer room, but they will still price to the market.
- Nearby new launch. Canberra Crescent Residences, also in District 27 and on the same newer floor-area rules, is the closest new-sale benchmark.
- Nearby resale. North Park Residences, above Northpoint City and Yishun's bus interchange, is the closest match in concept. Older condos around Yishun set the resale floor.
- Size of the project. 875 units is a lot to sell. Big launches often open with prices that move volume on day one, then step up in later releases.
- Analyst views. When the land was sold, PropNex expected an average above $2,300 psf. That's an estimate, not the developer's price.
How booking day usually works
- Preview: visit the showflat, see the floor plans and the price list.
- Submit your interest and your cheque (usually 5% of the price) for a balloting or queue slot.
- On booking day you pick a unit when your number is called, if it's still available.
- You receive the Option to Purchase. The Sale and Purchase Agreement follows, and you pay in stages as the building goes up.
Have your loan in-principle approval ready before the preview so you know your ceiling. I'll help you line that up.
The developer appoints the agencies that can book units for buyers. ERA is an appointed marketing agency for Chencharu Central Residences, and buyers pay no commission.
Get the Price List the Day It's Released
Free. Leave your name and WhatsApp number and I'll send you:
- The floor plans, site plan and price list as soon as the developer releases them
- Recent prices at Canberra Crescent Residences, North Park Residences and other condos in Yishun, so you can judge the launch price
- A cash and loan check for the unit type you want
- Help to book a showflat slot from 16 Jan 2027
Prefer WhatsApp? Message me directly or call +65 9005 8372.
Sources: HDB: mixed residential site sold, Chencharu Close (26 Sep 2025); Developer's project information (26 Oct 2026), appointed developer sales website; ERA project page and fact sheet for Chencharu Central Residences.
Written by Velisa Leong
ERA Division Director, CEA R053331B. I help families upgrade from HDB and resale condos. I'd rather show you the numbers than give you a sales pitch, so this guide lists what's known, what isn't yet, and where each fact comes from. More about me.
ERA Division Director, CEA R053331B. I help families upgrade from HDB and resale condos. I'd rather show you the numbers than give you a sales pitch, so this guide lists what's known, what isn't yet, and where each fact comes from. More about me.