hougang central integrated development breakeven price

A CICT-led consortium, including CapitaLand Integrated Commercial Trust and UOL Group, secured the Hougang Central mixed-use GLS site for S$1.5 billion, equivalent to S$1,179 psf per plot ratio (ppr).

This 504,805 sq ft site, zoned for commercial and residential use with a gross plot ratio of 2.5, marks a landmark development set to include the largest retail hub in the area. Industry analyst Mohan Sandrasegeran anticipates residential selling prices in the range of S$2,500 to S$2,600 psf, reflecting the site's prime location and integrated features. For the latest transaction details and project updates, check EdgeProp Singapore.