Hougang Central Residences Project Details
Hougang Central Residences Project Details Table
| PARKTOWN Residence | Details |
|---|---|
| Developer | UOL Group, CapitaLand Development, CICT, Singapore Land, |
| General Description | PROPOSED MIXED USE DEVELOPMENT COMPRISING OF COMMERCIAL PODIUM WITH SUPERMARKET, FOOD COURT, EARLY CHILDHOOD DEVELOPMENT CENTER AND BASEMENT CARPARK, |
| Address | TAMPINES STREET 94 |
| Car Park Lots | TBC |
| Total No. of Units | Est 830 Residential Units |
| Site Area | TBC Sqft |
| Tenure of Land | 99 years |
| Notice of Vacant Possession | TBC |
| Architect | TBC |
| Structure engineer | TBC |
| M&E Consultant | TBC |
| Landscape Architect | TBC |
| Builder | TBC |
| Project Interior Designer | TBC |
| Development Status | Mixed Use Development |
(Disclaimer: Project information for Hougang Central Residences may be subject to change without prior notice)
About Hougang Central Residences URA Tender
Hougang Central Residences is one of the most anticipated new launches in Singapore’s North-East region, rising as a major mixed-use residential and commercial landmark right at the heart of Hougang Central (District 19). Developed by a powerhouse consortium led by UOL Group and CapitaLand Development (CLD) — with CapitaLand Integrated Commercial Trust (CICT) overseeing the commercial component — this project promises to redefine living in one of Singapore’s most established estates.
CapitaLand Integrated Commercial Trust (CICT), together with CapitaLand Development (CLD) and UOL, has won the tender to develop the Hougang Central land site. The site was awarded at about S$1.5 billion, which works out to S$1,179 per square foot per plot ratio. This project strengthens CICT’s presence in Singapore and marks its expansion into the northeast region.
In this joint project, CICT will fully own and manage the commercial portion, while CLD and UOL will jointly develop the residential homes, drawing on their strong experience in quality housing developments. The project will benefit from CapitaLand Group’s expertise in large-scale mixed-use developments and proven retail management.
This is the first Government Land Sale in Hougang since 2019 and will be a major new landmark for the area. The development will include about 300,000 sq ft of retail space, making it the largest shopping mall in Hougang.
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