Ho Lee Group, together with Evia Real Estate and Gamuda, has been awarded the mixed-use commercial and residential site at Chencharu Close in Yishun following a successful bid of approximately S$1.01 billion.

The 99-year leasehold site is located within the emerging Chencharu precinct near Khatib MRT station. The development is planned to comprise residential units together with commercial and retail spaces, as well as an integrated bus interchange and hawker centre.

The site has the potential to yield up to approximately 875 residential units and will form part of the wider development of the new Chencharu housing area.

The successful tender marks another significant development milestone for Ho Lee Group and builds on our experience working with Evia Real Estate and Gamuda on OLA Executive Condominium in Sengkang.

We look forward to working closely with our joint venture partners and contributing to the development of a well-connected and vibrant new community in Chencharu.