Chencharu Central Residences™ at Chencharu Close

Chencharu Central Residences Review

Chencharu Central Residences at Chencharu Close at Khatib MRT Station

Chencharu Central Residences marks an exciting new chapter in Singapore’s north, delivering the first mixed-use commercial and residential development in the emerging Chencharu Town. Chencharu Central Residences Government Land Sales (GLS) site offers a rare opportunity for homebuyers and investors to secure quality private housing with integrated amenities in a new HDB estate within Yishun Town. Developed by a strong joint venture of Evia Real Estate, Gamuda Land, and Ho Lee Group, the project brings together proven expertise in residential and mixed-use developments.

Site Area, Land Cost and Unit Mix

Chencharu Central Residences sits on a substantial site area of approximately 317,000 sqft with a plot ratio of 3.26. The joint venture secured the Chencharu Close site with the top bid of S$1.012 billion, equating to a competitive land rate of S$980 psf per plot ratio (ppr). Chencharu Central Residences will yield around 875 private residential units alongside 135,627 sqft of commercial space, including a designated hawker centre and a bus interchange. This carefully planned mix caters to young professionals, families, and investors seeking modern integrated living in the Outside Central Region.

Who is the Developer of Chencharu Central Residences?

Chencharu Central Residences is developed by Evia Real Estate in joint venture with Gamuda Land and Ho Lee Group. This team previously collaborated successfully on projects such as the 578-unit Gem Residences in Toa Payoh (2016) and the 548-unit EC Ola in Sengkang (2020). Their track record demonstrates strong delivery and market appeal, positioning Chencharu Close as a high-quality mixed-use landmark in northern Singapore.

Why Buy Chencharu Central Residences?

Chencharu Central Residences stands out as the first mixed-use GLS project in the new Chencharu Town, offering a compelling blend of residential comfort and daily conveniences. Located in a growing 70ha HDB housing estate, it benefits from strong government planning and infrastructure support. With limited recent private condo supply in the immediate vicinity and good connectivity, it appeals to upgraders and families looking for a future-ready address with integrated retail, dining, and transport facilities.

Connectivity and Transport Access

Chencharu Central Residences enjoys excellent accessibility, with a mere five-minute walk to Khatib MRT Station on the North-South Line. Residents can enjoy seamless travel to the city centre, Orchard, and other key hubs. The integrated bus interchange within the development further enhances connectivity. Drivers will appreciate proximity to major expressways, while families benefit from nearby schools and recreational options in Yishun.

Amenities, Schools and Nature Around Chencharu Central Residences

Daily needs are conveniently met with an on-site hawker centre and commercial space at Chencharu Central Residences. The surrounding area includes established amenities such as Yishun Stadium, Yishun Sports Centre, and the scenic Lower Seletar Reservoir Park for sports and outdoor activities. Proximity to Wisteria Mall and other Yishun facilities adds to the livability. Nature enthusiasts will appreciate the reservoir park and green spaces in the new town.

Chencharu Close Pricing and Investment Outlook

Analyst estimates the average selling price for Chencharu Central Residences to be above S$2,300 psf, reflecting the Chencharu Central Residences’s strategic value, mixed-use integration, and strong developer credentials. For eligible buyers, this represents an attractive entry into private property in a maturing township with long-term growth potential driven by new housing developments and infrastructure.