Hougang Central GLS (Condo) — Overview
Hougang Central · D19. Hougang / Serangoon Garden Estate / Kovan
- 835 Units
- Completion: N/A
- Condominium
- Leasehold (99-year)
Hougang Central GLS Tender Awarded Integrated Mixed-Use Development in Hougang (District 19)
Latest Update (14 Jan 2026):
The Hougang Avenue 10 / Hougang Central GLS site has been successfully awarded by HDB to
Horizon Residential Pte. Ltd. and Horizon Commercial Trustee Pte. Ltd. (as trustee of Horizon Commercial Trust)
at a tender price of $1,500,738,338.
This is a major integrated mixed-use development comprising commercial and residential components integrated with a bus interchange, with an estimated yield of about 835 homes.
Register your interest to receive updates on project name, pricing and preview timeline once available.
This page provides an early analysis of the Hougang Central GLS site following the tender award, including location context, land bid implications and what buyers can expect before the official project launch.
Key Highlights
- Tender awarded on 14 January 2026
- Winning bid of $1.5007 billion
- Integrated mixed-use development with bus interchange
- Estimated yield of about 835 homes
- Large-scale town centre transformation in Hougang
Location & Connectivity
The Hougang Central GLS site sits within the Hougang town centre area in District 19 and is planned as an integrated development combining residential, commercial and transport uses.
This gives the future project strong locational appeal, especially for buyers who value direct access to established amenities, public transport infrastructure and a mature heartland catchment.
Location takeaway: Hougang Central is not just another residential plot — it is a major town-centre integrated project that could reshape the surrounding area and create a strong convenience-led value proposition for buyers.
What This GLS Site Means for Buyers
With the land parcel now awarded, Hougang Central becomes one of the most significant confirmed upcoming mixed-use launches in the Outside Central Region.
For buyers, the scale and integrated nature of the project may create broad appeal across both own-stay purchasers and investors, especially those seeking future homes above or near transport and retail amenities.
Land Bid Analysis & Pricing Implications
The site was awarded at $1,500,738,338. Based on market reporting at tender close, this translated to around $1,179 psf ppr, reflecting strong conviction in the long-term potential of the integrated Hougang town centre site.
As with all major GLS plots, the final launch pricing will depend not only on land cost, but also on construction cost, product mix, integration requirements and broader market conditions closer to launch.
What this means: Buyers should expect the future project to be priced as a landmark integrated development rather than a standard suburban condo, especially given its transport-linked and commercial components.
Estimated Pricing & Market Positioning
Given the size, mixed-use nature and centrality within Hougang, this future development is likely to be positioned as a major headline launch in District 19.
Its scale may also allow for a wider range of unit types and pricing entry points compared with smaller projects, though the final balance between accessibility and premium will depend on the eventual product strategy.
Planning your budget early? You may refer to Housing Loan & Affordability Guide and Stamp Duty Guide to better understand the financial commitment before launch.
Developer Background
The site was awarded to Horizon Residential Pte. Ltd. and Horizon Commercial Trustee Pte. Ltd., with the broader consortium involving CapitaLand, UOL, Singapore Land and CapitaLand Integrated Commercial Trust under the integrated development structure.
Based on the consortium announcements, the residential component will be developed by CapitaLand Development and UOL in a 50:50 joint venture, while the commercial component will be developed and owned by CICT.
Who This Project May Appeal To
- Own-stay buyers who want an integrated development in a mature town centre
- Families who value convenience, transport access and retail amenities
- Investors targeting projects with strong transport-linked appeal
- Buyers comparing major OCR launches with integrated features
What Buyers Should Watch Next
- Official project name announcement
- Indicative launch pricing
- Residential-commercial integration details
- Unit mix and layout release
- Preview timeline and booking period
Related Buyer Guides
Factsheet
| Name | Hougang Central GLS |
| Type | Integrated Mixed-Use Development |
| Developer / Consortium | Horizon Residential Pte. Ltd. and Horizon Commercial Trustee Pte. Ltd. (CapitaLand / UOL / Singapore Land / CICT consortium) |
| Plot Ratio | 2.5 |
| Address | Hougang Avenue 10 / Hougang Central |
| District | District 19 - Hougang / Punggol / Sengkang |
| Tenure | 99-Year Leasehold |
| Site Area | 46,899.4 m² |
| Maximum GFA | 118,268 m² |
| Estimated Total Units | Approximately 835 Units |
| Max Building Height | 64m SHD |
| Proposed Development | Mixed-use development comprising a commercial and residential development integrated with a bus interchange |
| Project Completion Period | 84 months from date of acceptance of tender |
| Planning Authority | Housing & Development Board (HDB) |
| GLS Status | Tender Awarded |
| Successful Tenderer | Horizon Residential Pte. Ltd. and Horizon Commercial Trustee Pte. Ltd. |
| Winning Bid | $1,500,738,338 |
| Tender Launch Date | 29 May 2025 |
| Tender Award Date | 14 January 2026 |
| Estimated Preview Timeline | To be announced |
Press Coverage
Final Tender Result for Mixed Commercial and Residential Development at Hougang Avenue 10 / Hougang Central
Published Date: 13 January 2026
1. The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Hougang Avenue 10 / Hougang Central on 29 May 2025.
2. The site comprises a mixed commercial and residential development integrated with a bus interchange, with a site area of 46,899.4 sq m, maximum GFA of 118,268 sq m, maximum building height of 64m SHD and an estimated 835 housing units.
3. The site was awarded to Horizon Residential Pte. Ltd. and Horizon Commercial Trustee Pte. Ltd. (as trustee of Horizon Commercial Trust) at a tender price of $1,500,738,338 on 14 January 2026.
| Proposed Development | Location | Site Area | Maximum GFA | Maximum Building Height | Estimated No. of Housing Units | Lease Term | Project Completion Period |
| Mixed-use development comprising a commercial and residential development integrated with a bus interchange | Hougang Avenue 10 / Hougang Central | 46,899.4 sq m | 118,268 sq m | 64m SHD | 835* | 99 years | 84 months from date of acceptance of tender |
*Actual number of housing units proposed by developer may vary.
Once the official project details are released, we will provide a full project analysis covering pricing, unit mix, layout comparison and buyer fit.
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