16/01/2026
For Hougang Die-hard fans! ❤️
: CapitaLand Development (CLD) is pleased to kick off the year as part of the successful tender for the Hougang Central Government Land Sales (GLS) site announced yesterday. In a joint venture with CapitaLand Integrated Commercial Trust ( ) and a UOL consortium (UOL), the 504,820 sq ft site was secured with a top bid of $1.5 billion ($1,179 psf ppr).
The development will leverage CapitaLand Group’s deep experience in delivering large-scale, integrated mixed-use projects at key transport nodes. CLD and UOL will jointly develop the residential component in a 50:50 partnership, while CICT will develop and own 100% of the commercial component.
In a joint statement, the consortium said: “This is the first GLS parcel in the Hougang area since 2019. The consortium will draw on the combined expertise of CLD, UOL and CICT to transform the site into a mixed-use development integrated with the new Hougang bus interchange, MRT station and a town plaza.”
“It is set to become a major civic hub for community events and activities, with a sheltered public event space and F&B offerings that add to the vibrancy of the area. With around 830 residential units and about 300,000 sq ft of net lettable area for retail and lifestyle offerings, the project will be the largest mall in Hougang and a key anchor for future growth of the precinct.”
