Chencharu Central Residences The first private homes in Yishun’s new Chencharu estate
Chencharu Central Residences is an integrated mixed-use development at Chencharu Close, a short walk from Khatib MRT on the North-South Line. It will have about 875 private homes above a new bus interchange, a hawker centre and shops, at the heart of HDB’s new 70-hectare Chencharu estate.
- Evia · Gamuda Land · Ho Lee Group
- 99-year leasehold
- Expected launch early 2027
Approximate figures as at 21 Oct 2026, from HDB’s tender details and the tender result. Subject to final developer details.
Chencharu Central Residences Project Details
Here’s what is confirmed so far. We’ll add prices, the unit mix and floor plans as soon as the developer releases them.
| Project name | Chencharu Central Residences |
|---|---|
| Location | Chencharu Close, Yishun (District 27) |
| Developer | A consortium of Evia Real Estate, Gamuda Land and Ho Lee Group |
| Type | Integrated mixed-use development: private homes with a bus interchange, hawker centre and shops |
| Tenure | 99-year leasehold |
| Site area | Approx. 29,450 sqm (about 317,000 sq ft) |
| Plot ratio | 3.26 |
| Residential units | Approx. 875 (HDB’s estimate at tender) |
| Commercial space | Up to about 135,600 sq ft, including a hawker centre (about 37,700 sq ft) and an integrated bus interchange (about 58,100 sq ft) |
| Land price | $1.012 billion ($980 psf ppr); tender closed 11 September 2025 |
| Nearest MRT | Khatib MRT (North-South Line), a short walk away |
| Expected launch | Early 2027 (market indications; not yet confirmed by the developer) |
| Unit types | To be released |
| Indicative prices | To be released |
| Blocks & storeys | To be released |
| Expected TOP | To be announced |
Why Buyers Are Watching Chencharu Central Residences
It’s the first private housing site in a brand-new HDB town, and it comes with its own transport hub and hawker centre. Here’s why it’s one of the launches to watch in 2027.
Bus Interchange Downstairs
A new bus interchange is built into the development, fed by Chencharu Link, a 400m bus-only road through the estate. Khatib MRT on the North-South Line is a short walk away.
Hawker Centre & Shops
Everyday meals and errands are on site, with a hawker centre of about 37,700 sq ft and shops in the commercial podium.
First Private Site in Chencharu
Chencharu will have around 10,000 new homes by 2040, and HDB has set aside at least 80% for public housing. This is the estate’s first private housing site.
Parks All Around
The site sits on the estate’s community avenue, linking a new park with a heritage bungalow to the neighbourhood park near Khatib MRT.
Schools Next Door
Peiying Primary School and Naval Base Secondary School are right by the site, based on HDB’s location plan.
Natural Upgrader Market
Yishun has a large base of HDB households. For upgraders, a new private home within their own town could be a strong draw.
A Clear Winning Bid at $980 psf ppr
Three bids came in for the Chencharu Close site when the tender closed on 11 September 2025. The winning consortium bid about 20% more than the next-highest bid.
| Bidder | Total Bid | Land Price (psf ppr) |
|---|---|---|
| Evia Real Estate, Gamuda Land & Ho Lee Group (winner) | $1.012 billion | $980 |
| Frasers Property, Mitsubishi Estate & Lum Chang | $845 million | $818 |
| Sim Lian Group | $692.4 million | $670 |
Source: tender results as reported by EdgeProp, September 2025. Land prices are per square foot per plot ratio.
What this means for buyers: The land cost covers both the homes and the commercial podium, and the site has extra requirements such as the bus interchange and hawker centre. When the tender closed, analysts quoted in the media estimated average selling prices above $2,300 psf. Treat that as an early estimate until the developer’s price list is out. Learn how to read a GLS tender result.
A New 70-Hectare Estate in Yishun
HDB unveiled its masterplan for Chencharu in June 2024. The estate is bounded by Yishun Avenues 1 and 2 and Sembawang Road, and is planned around village-style living, heritage and green connections.
Around 10,000 New Homes by 2040
At least 80% of Chencharu’s homes are set aside for public housing. The first BTO project, with about 1,270 flats, launched in June 2024.
A Heritage Park with a 1910s Bungalow
A two-storey colonial-era bungalow at 50 Bah Soon Pah Road, likely built in the early 1910s as a plantation house by the Bukit Sembawang Rubber Company, will be kept for community use within a new park. The park will also have a therapeutic garden and a heritage trail.
Community Avenue & Chencharu Link
An east-west community avenue links the new park to the neighbourhood park near Khatib MRT. Chencharu Link, a 400m north-south road, is a bus-only corridor leading to the new interchange.
Green Paths to Reservoirs & Nature
Walking and cycling paths lined with kampung-style trees connect to the wider cycling network, with routes to Lower Seletar Reservoir and Khatib Bongsu.
Ground-Up Initiative and the Live Turtle and Tortoise Museum are moving from Lorong Chencharu to a new site next to HomeTeamNS Khatib, which keeps a bit of the area’s kampung character. Source: HDB, June 2024.
Live by Khatib MRT, Parks and Everyday Amenities
Chencharu Central Residences sits at Chencharu Close, west of Yishun Avenue 2, between Khatib MRT and the new Chencharu neighbourhoods.
Transport & Shopping
- Bus interchange (within development)On site
- Khatib MRT (North-South Line)Short walk*
- Khatib Central neighbourhood centreBy Khatib MRT
- Northpoint City (Yishun MRT)1 MRT stop
- Seletar Expressway via Yishun Ave 2Nearby
From Khatib, the North-South Line runs directly to Bishan, Novena, Orchard and Raffles Place.
Schools, Sports & Green Spaces
- Peiying Primary SchoolNext to site*
- Naval Base Secondary SchoolNext to site*
- HomeTeamNS KhatibNeighbouring
- Yishun Stadium & Sports HallNearby
- Lower Seletar Reservoir ParkNearby
*Based on HDB’s location plan. Exact walking times will depend on the final site layout. For Primary 1 registration, check the exact 1km and 2km distances on SLA OneMap once the project address is released.
Compare it with other District 27 new launches, check resale condo transactions and rental yields around Yishun, or read up on upgrading from HDB to private property.
Developed by Evia Real Estate, Gamuda Land and Ho Lee Group
The site was won by a three-party consortium that brings together property development and construction experience.
Evia Real Estate
Evia Real Estate led the winning consortium for the Chencharu Close site.
Gamuda Land
Gamuda Land is the property arm of Malaysia’s Gamuda Berhad. In Singapore, it has developed Gem Residences in Toa Payoh and OLA executive condominium in Sengkang.
Ho Lee Group
Ho Lee Group is a Singapore construction and property group, and a partner in the Chencharu consortium.
Chencharu Central Residences Price List & Floor Plans
The developer hasn’t released the price list, unit mix or floor plans yet. Register now and we’ll send them to you as soon as they’re available, before the preview crowd.
What you’ll receive
- Indicative prices by unit type
- Floor plans and unit mix
- Preview and booking dates
- Stack and view analysis
- Comparison with other 2027 launches
Chencharu Central Residences FAQ
When is Chencharu Central Residences launching?
Market indications point to a launch in early 2027, but the developer hasn’t confirmed a date yet. WhatsApp us to be notified of the confirmed preview date.
Where is Chencharu Central Residences located?
It’s at Chencharu Close in Yishun (District 27), in HDB’s new Chencharu estate, a short walk from Khatib MRT on the North-South Line.
Who is the developer of Chencharu Central Residences?
A consortium of Evia Real Estate, Gamuda Land and Ho Lee Group, which won the site with a $1.012 billion bid in September 2025.
How many units does Chencharu Central Residences have?
About 875 private homes, based on HDB’s estimate at tender. The final unit count and unit mix will be confirmed by the developer.
What is the tenure?
Chencharu Central Residences is a 99-year leasehold development.
What is in the commercial component?
Up to about 135,600 sq ft of commercial space, including an integrated bus interchange (about 58,100 sq ft), a hawker centre (about 37,700 sq ft) and shops.
How much did the developer pay for the land?
$1.012 billion, or $980 psf ppr. The tender closed on 11 September 2025 with three bids, and the winning bid was about 20% above the second-highest.
What is the expected price of Chencharu Central Residences?
Prices haven’t been released. When the tender closed, analysts quoted in the media estimated average prices above $2,300 psf. WhatsApp us to get the actual price list as soon as it’s out.
Which schools are near Chencharu Central Residences?
Peiying Primary School and Naval Base Secondary School are right by the site, based on HDB’s location plan. Check exact distances on SLA OneMap for Primary 1 registration once the address is released.
Be First in Line for Chencharu Central Residences
Register early to get the price list, floor plans, preview dates and our stack analysis as soon as they’re released. It’s free, with no obligation.
Compare Other 2027 Launches
Information on Chencharu Central Residences is based on HDB’s tender and masterplan details, public land tender results and market sources as at 21 October 2026, and may change. Distances are approximate. This page is for general information only and is not investment advice. Please contact us for the latest details.
