One Chuan Grove Price Context: Land Cost, Analyst Estimates and Benchmarks

Reference points

None of the psf figures above is developer pricing. The developer has not released a price list.

How these numbers relate

By our arithmetic, the analysts' newer range is roughly 4.7% to 8.6% above Chuan Park's launch-weekend average, and the earlier range sat about 0.8% to 6.6% above it. The upward drift in estimates between the two sets of reports is itself a data point: it reflects the analysts' changing view, not any signal from the developer. On the newer range, land represents roughly 48% to 50% of the estimated selling price, although land psf ppr and selling psf are measured on different bases, so the ratio is indicative only.

It also helps to remember what an average represents. EdgeProp reported that Chuan Park sold 696 of its 916 units on its November 2024 launch weekend, with two- and three-bedders making up 92% of those sales. One Chuan Grove's tentative schedule is weighted more towards large homes, with about 25% at four and five bedrooms. Since larger units usually carry a lower psf, the project's average psf could differ from Chuan Park's even if like-for-like units were priced similarly.

Analyst estimates are opinions, not prices. They can move as construction costs, market sentiment and competing launches change between now and the preview.

How launch pricing is usually structured

At most Singapore launches, a developer sets a base price for each unit type and then adjusts by stack and floor:

• Floor premiums. Higher floors usually carry a premium per level.
• Stack premiums. Stacks with better views, preferred facings or less road exposure are priced higher.
• Unit size effect. Smaller units usually show a higher psf, while larger units show a lower psf but higher quantum.
• Release phasing. Developers often release units in batches, and later batches may be priced differently from the first.

This is why an "average psf" for the project rarely matches the price of any specific unit. When the list is out, compare units within the same type and stack to see how premiums are applied.

Illustrative quantum at the estimated range

Using sizes from the tentative unit schedule, here is what the analysts' range implies in total price:

These are arithmetic illustrations, not prices, and a single average psf will not hold across sizes. For comparison, EdgeProp reported Chuan Park's launch quantums at about $1.6 million to $4.3 million. Use the mortgage calculator and the stamp duty calculator to test affordability at these levels. Our pricing blog post explores the Chuan Park comparison in more depth.

Get the price list on release

According to the ERA project highlights, the preview opens on 13 February 2027 and booking day is 27 February 2027, so the price list is most likely to surface around the preview. Register below to receive the One Chuan Grove price list when it is released, along with a summary of psf by unit type so you can compare the figures with these reference points.