Chencharu Close GLS

Chencharu Close GLS Site: A Pioneering Mixed-use Development in Yishun’s New Housing Estate

The Chencharu Close GLS site, part of the Confirmed List for the 2H2024 Government Land Sales (GLS) programme, represents a significant and pioneering development opportunity in Chencharu, the new housing estate in Yishun. This mixed-use site is the largest among the six new development sites introduced, spanning an impressive 2.94 hectares with a gross plot ratio (GPR) of 3.2. 

The Chencharu Close site offers developers a chance to create a new launch with an estimated 875 private residential units alongside 139,880 square feet of commercial space, making it a landmark project in a newly planned estate. The land parcel is expected to launch in September 2024.

Chencharu Close Integrated Development 

One of the standout features of the Chencharu Close GLS site is its strategic importance within the new Chencharu estate, a burgeoning residential area in Yishun. This site is crucial for developers seeking a first-mover advantage, as it is set to be the first private property development in an area that will eventually house 10,000 new homes by 2040. With integrated community and bus interchange facilities, the mixed-use development promises to be a central hub of activity and convenience for future residents.

Planned Infrastructure and Amenities in Chencharu 

The Chencharu Close upcoming condo offers future residents easy access to a variety of planned amenities and infrastructure. Chencharu is set to transform into a vibrant residential enclave, with 80% of the new housing stock designated for public housing, ensuring a well-balanced community.

The Chencharu area offers a mix of current and upcoming amenities. Existing amenities include a neighbourhood park, HomeTeamNS Khatib, Khatib Central Neighbourhood Centre, and Khatib MRT station. The master plan also includes the development of a new educational institution and a nursing home to serve residents of all ages.

Additionally, a new park is being planned, featuring playgrounds, fitness corners, therapeutic gardens, and a heritage trail. This park will incorporate a colonial-era bungalow for community use, adding to the area’s historical appeal.

Chencharu Close New Launch – A Prime Opportunity in a Growing Estate

For developers, the Chencharu Close GLS site offers a rare opportunity to be at the forefront of Yishun’s transformation. Prospective buyers and investors will also find it attractive as it is the first private condo development in the area. As Chencharu evolves into a key residential hub in the North Region, the value of this development is poised to increase, offering long-term benefits for both developers and residents.

In summary, the Chencharu Close GLS site is not just a development opportunity; it is a chance to lead the way in a new and dynamic residential estate. With its extensive site area, strategic importance, and the promise of integrated facilities, this mixed-use development at Chencharu Close is set to become a cornerstone of the Chencharu estate and a key player in Yishun’s future growth.

Proximity to Schools

The upcoming Chencharu Close condominium project will likely attract families with school-going children. The land parcel is next to Peiying Primary School, ensuring hassle-free admission during the P1 balloting exercise.  Within a 1-2 km radius of the development, three other primary schools provide more opportunities for suitable education.

Primary schools within 1km:

• Peiying Primary School

Primary schools within 1-2km:

• Jiemin Primary School
• Naval Base Primary School 
• Northland Primary School

Other nearby schools:

• Naval Base Secondary School
• Yishun Secondary School
• Orchid Park Secondary School
• Chung Cheng High School
• Heritage Academy
• Yishun Innova Junior College