Four primary schools sit near One Chuan Grove. But MOE measures from the school boundary to your building, and two of the four sit close to the 1km line from a site of about 1,056 homes. How to check your block before you pay for the school belt.
One sits on an established Circle Line corridor, one in a new Yishun estate and one over Hougang MRT. Land costs run from $980 to $1,376 psf ppr. What each launch is really asking you to pay for.
SJI International's planned move to Hougang adds an expatriate tenant pool next to Hougang Central's NEL and CRL interchange. Here is how that changes the rental case, and where the limits are.
As Singapore's first major mixed-use development in Hougang, the commercial-residential MCST structure is unlike anything buyers in this precinct have navigated before. What happens at the first AGM will determine the holding cost and building trajectory for a decade.
The primary 2034 exit buyer is a D19 HDB upgrader or D19 downsizer. A comfortable exit at $3,700 psf (base case) requires ~18% corridor appreciation over 10 years. Achievable for 8 to 12 year holders; tight for 5-year exits.
Hougang is mid-transformation on the NEL corridor, not early, not late. The CRL is reshaping North-East connectivity and Hougang Central is the first private mixed-development anchor in the precinct. 10-year hold thesis intact.
At current D19 rental rates, gross yield at Hougang Central is sub-3% for most unit types at ~$3,126 psf. After mixed-development maintenance fees, net yield falls below 2.5%. This is a capital appreciation play, not a yield play.
At ~$3,126 psf harmonised, Hougang Central prices at roughly 50 to 60% above the best adjusted D19 resale comps. The premium is real, here's whether it's justified and for which buyer profiles.
Hougang Central is GFA harmonised, the psf quoted is closer to liveable psf than older D19 developments. But mixed development structural columns create unit efficiency issues most buyers never check. What to look for.