Chiku Mansion Enbloc Freehold Redevelopment Site in Katong / Joo Chiat (District 15)
Latest Update (2026):
Chiku Mansion has been successfully sold en bloc to Macly Group for over $22 million.
This freehold site is expected to be redeveloped into a boutique residential development with fewer than 20 units.
Once the official project name is released, this page will be updated with full project details including pricing, floor plans and preview information.
Register your interest to receive early updates on project name, pricing direction and preview timeline — with no obligations.
Chiku Mansion Enbloc is one of the rare freehold redevelopment sites in District 15, making it a closely watched upcoming new launch in the Katong / Joo Chiat area.
This page provides an early analysis of Chiku Mansion enbloc redevelopment, including land details, location context and what buyers can expect before the official project launch.
Key Highlights
- Freehold enbloc redevelopment in District 15
- Acquired by Macly Group for over $22 million
- Estimated boutique development (under 20 units)
- Located within Katong / Joo Chiat enclave
- Rare small-scale redevelopment site
Location & Connectivity
Chiku Mansion is located within the Katong / Joo Chiat enclave in District 15, one of Singapore’s most established and highly sought-after residential neighbourhoods.
The area is well known for its strong lifestyle appeal, heritage character and proximity to East Coast Park, while remaining well connected to the city via major roads and MRT lines.
This location places the future development within the highly desirable East Coast property belt and among upcoming new launches in Singapore, where demand for freehold homes remains consistently strong among both local buyers and long-term investors.
Location takeaway: A rare freehold redevelopment opportunity within a mature East Coast enclave with strong long-term demand.
What This Enbloc Means for Buyers
With the successful collective sale, the Chiku Mansion site is expected to be redeveloped into a new private residential project.
Compared to GLS sites, boutique enbloc developments like this typically result in lower-density projects, which may appeal to buyers seeking exclusivity and a quieter living environment.
Land Cost & Pricing Implications
The site was acquired at approximately $1,180 psf per plot ratio (psf ppr), with no land betterment charge payable.
This relatively efficient land cost provides a strong foundation for the future development, although final launch pricing will depend on design, positioning and market conditions.
What this means: Lower additional land costs may allow for more competitive pricing compared to similar freehold boutique developments in District 15.
Estimated Market Positioning
Based on its location and nature as a boutique freehold development, the future project is likely to attract primarily own-stay buyers who value exclusivity and location.
Compared to larger developments, boutique projects typically offer fewer facilities but provide a more private living experience.
Planning ahead? Refer to Housing Loan Guide and Stamp Duty Guide to better understand your financial planning before launch.
Developer Background
The site was acquired by Macly Group, a developer known for boutique residential projects in Singapore.
Their portfolio includes developments such as The Ivera, Jansen House and Koon Seng House, focusing on smaller-scale projects within established residential neighbourhoods.
Who This Future Project May Appeal To
- Buyers seeking a freehold home in District 15
- Own-stay buyers who prefer low-density developments
- Buyers familiar with Katong / East Coast lifestyle
- Investors looking at niche boutique projects
What Buyers Should Watch Next
- Official project name announcement
- Indicative launch pricing
- Unit mix and layout release
- Preview timeline and booking period
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Factsheet
| Name | Chiku Mansion Enbloc |
| Type | Condominium |
| Developer | Macly Group |
| Address | 5 Chiku Road, 7A Chiku Road, 9A Chiku Road |
| District | District 15 – East Coast / Marine Parade |
| Tenure | Freehold |
| Site Area | 13,466 sq ft |
| Estimated Units | Less than 20 units |
| Land Cost | ~$1,180 psf ppr |
| Status | Enbloc Sale Completed |
Press Coverage
Source: https://www.edgeprop.sg/property-news/macly-group-buys-freehold-chiku-mansions-en-bloc-over-22-mil
The freehold Chiku Mansions site was sold en bloc for over $22 million, translating to approximately $1,180 psf ppr, with no land betterment charge payable.
The site is expected to be redeveloped into a boutique residential project with fewer than 20 units, reflecting strong developer interest in rare small-scale freehold redevelopment opportunities in District 15.
Once the official project name and details are released, this page will be updated with full project information including pricing, layouts and buyer analysis.
Your Early Access Starts Here
Register your interest to receive early updates on project name, pricing direction and preview timeline — with no obligations.