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A Successful En-Bloc in Chancery Court

Walking distance to Newton MRT Station

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PROJECT DETAILS

 
 

Cancery Court, a former HUDC (Housing and Urban Development Company) was sold in a collective sales in the 2nd quarter of 2018 for S$401.78 million. The winning bid for this Dunearn Road site translates to a land price of about S$1,610 per square foot per plot ratio (psf ppr), after factoring in a differential premium and lease upgrading premium of some S$182.4 million. This is to redevelop the site to a gross plot ratio (GPR) of 1.4, based on the maximum permissible gross floor area (GFA) of 362,788 sq ft, and to top up the lease to a fresh 99 years.

Chancery Court estate comprises a 16-storey tower block and seven blocks of four-storey walk-up maisonettes on a site area of approximately 259,134 sq ft.

New Condo at Dunearn Road, former site of Chancery Court, is approximately 500 m away from Newton North South Line Station. Come 2021, residents will be able to enjoy fast and efficient travel when the Orchard Interchange Station, which is just 1 train station away, has its Thomson Line up and running. This provides its future residents a conduit of convenience when commuting to downtown Singapore and also parts of the island. New Condo at Chnacery Court is just minutes’ drive to Orchard Shopping Belt and 6 minutes’ drive to Shenton Way. It is also well linked to the CTE and the PIE which allows fast and efficient driving to various parts of the island.

 

New Condo at Dunearn Road, will be a favourite for families with school going children as it is near to various reputable and esteemed schools such as Anglo-Chinese Primary School, Singapore Chinese Girls’ School, Anglo-Chinese Junior School, St. Joseph’s Institution Junior, Saint Margaret’s Primary School, Anglo-chinese School (Barker Road), Raffles Girls Secondary School, St. Joseph’s Institution. Post secondary school also include the famous Catholic Junior College and National University of Singapore at Bukit Timah Campus.

 

There are also a number of International schools that are near New Condo at Dunearn Road i.e. the Korean Church Kindergarten, the Chinese International School, the Italian Supplementary School, the Chatsworth International School at Orchard Campus, International School Singapore (ISS) at Paterson Campus, Finnish Supplementary School, Overseas Family School and Swedish Supplementary School. New Condo at Dunearn Road will be one of the favourite developments when it comes to rental for expat families.

 

When it comes to getting their retail, dining, leisure and entertainment options, New Condo at Dunearn Road future residents can also head down to Orchard Shopping Belt which is less than 1 km way. Some of the nearby shopping malls include Balmoral Plaza, Far East Plaza, DFS Galleria Scottswalk, Pacific Plaza, Shaw Centre, Orchard Towers, Scotts Square, Palais Renaissance, Shaw House, Delfi Orchard, Tangs Plaza and Forum The Shopping Mall. Future residents also will be able to enjoy the local delights at the nearby famous Newton Food Centre and Pek Kio Market and Food Centre where many famous local hawker stores are located.

 

Singapore Botanic Gardens, which is within a short drive from new condo at Dunearn Road, will be able to offer pockets of greenery, jogging track and various outdoor activities for New Condo at Dunearn Road at former site of Chancery Court's future residents. New Condo at Dunearn Road future residents can also take their dogs for a walk there. For its future residents whom wishes to indulge for the game of golf, the Tanglin Golf Course is just a short drive away from Goodwood Grand. Other prestigious clubs such as The Pines Club, The Tanglin Club, The American Club, Raffles Town Club, Celebrities Resort Club and The Singapore Polo Club which provides lots of recreation facilities are just minutes’ drive away.

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Project  New Condo at Dunearn Road, former site of Chancery Court
Developer  To be announced
Location  Dunearn Road
District  11
Tenure  99 years leasehold
Site Area  24,074 square metres/ 259,134 square feet
GFA:
Plot Ratio
Expected TOP:
Total Units  Approximately residential apartments
Total Carpark
Development  Private condominium comprising of communal facilities
Unit Type:
Architect
Eligibility SC, SPR and Foreigners can buy
 
New Condo at Chancery Court Unit Mix Distribution
Unit TypeTypeArea (Square Feet)Total No. of Units
1 Bedroom TBA TBA TBA
2 Bedroom TBA TBA TBA
3 Bedroom TBA TBA TBA
4 Bedroom TBA TBA TBA
5 Bedroom TBA TBA TBA
Penthouse TBA TBA TBA
New Chancery Court Condo Facilities
TBA
  • TBA
  • TBA
New Condo at Chancery Court Price List
Unit TypeArea (Square Feet)PricingPSF
1 Bedroom TBA TBA S$2000
2 Bedroom TBA TBA S$2000
3 Bedroom TBA TBA S$1900
4 Bedroom TBA TBA S$1850
5 Bedroom TBA TBA S$1800
Penthouse TBA TBA TBA

LOCATION and AMENITIES

FACILITIES and SITE PLAN

The Facilities and Site plan of new condo launch at Dunearn Road are currently seeking approval from relevant authorities. 

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RESIDENTIAL FLOOR PLANS

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CHANCERY COURT SOLD EN BLOC FOR S$401.78 MILLION THROUGH EN BLOC

Privatized HUDC estate Chancery Court on Dunearn Road in prime District 11 was sold en bloc for $401.777 million. The price achieved was 6% above the reserve price of $390 million, according to marketing agent OrangeTee Advisory, which brokered the sale. Chancery Court has been a sought-after development among parents who want to register their children into Anglo Chinese School, given that the ACS Barker Road campus is located just across the road.

Including a differential premium and lease top-up premium of $182.4 million, the price translates to $1,610 psf per plot ratio. The 259,134 sq ft site can be redeveloped to a plot ratio of 1.4 and maximum gross floor area of 362,788 sq ft. This means it can be redeveloped into a new five-storey residential development with 481 units, based on an average size of 70 sq m.

The existing Chancery Court is made up of 136 residential and eight strata commercial units. Upon successful conclusion of the collective sale following Strata Title Board approval, owners of the residential units can expect proceeds of $1.8 million to $3.5 million. Meanwhile, the owners of the strata commercial units will walk away with $934,000 to $4.7 million, depending their unit size.

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