The CCR accounted for 6.7% while the RCR and OCR made up 46.7% and 46.7%
The respective top-selling projects is Cuscaden Reserve in the CCR , followed by Pinetree Hill in the RCR and Hillhaven in the OCR
HDB offered a mixed-use site in Chencharu Close for tender under 2H 2024 GLS Programme
With a gross floor area of more than 1 million sq ft, it will be the second largest mixed-use project in the North after North Park Residences and Northpoint City
As it is a mixed-use site, residents will enjoy amenities right at their doorstep
It is a short walk to Khatib MRT station and close to the nature reserve
Young families may be attracted to Chencharu as there are primary schools within the vicinity
The Chencharu Close site might attract less than 3 bidders and a cautious bid between $810 and $850 psf ppr
Joint bids from developers are likely due to the large outlay of more than $800 million.
