The final day to purchase a unit at the Kensington Park Serangoon Condo Enbloc is tomorrow, November 18. The site will be closed by 3 p.m. on that day. This is a good chance to snap up a home in one of Singapore’s most desirable districts. The condos are near many local amenities and schools, including Nanyang Junior College, St Gabriel’s Secondary, Zhonghua Primary, Anderson Serangoon Junior College, Montfort Junior and Lycee Français de Singapour.
Terrace de Kensington Park Serangoon Condo Enblox has been re-launched for collective sale via tender. Its launch price has been lowered from the initial estimate of $1.28 billion to S$1.28 billion, inclusive of a land betterment charge of $209.8 million. Located within the Serangoon Garden landed estate, this property has unobstructed views and is close to Serangoon North MRT station.
One of the reasons that this site is an excellent choice for enbloc development is its proximity to other amenities. Its prime location is just three minutes’ walk from NE15 Buangkok MRT station, a 24-hour foodcourt, and a NTUC Hypermarket. It is also near the future North East Line of the Singapore Mass Rapid Transit System, which will greatly improve connectivity in the area. Its developer, City Developments Limited, is a world-class developer and plans to turn this site into a truly unique architectural landmark development.
The project has received five competitive bids. More than 80 percent of the owners have agreed to sell their units en bloc. After the sale, every owner will receive about S$2 million. The project is subject to government approval and clearance before it can start construction. The developer has announced the project’s name as Affinity @ Serangoon.
Affinity @ Serangoon is another new development in the Serangoon area. Located a bit to the east of Terrasse, this project is set to revitalize the whole neighbourhood. The new development will add vitality to the neighbourhood and raise the property value. If you’re looking for a high-end, luxury condo, this development is for you.
This enbloc is located on a 491,000-square-foot land plot with a plot ratio of 2.1. Its location provides unobstructed views over Serangoon Garden. The site is zoned for residential use and could be developed into more than 1,000 residential units, says CBRE’s Michael Tay.
The Garden Residences will be a 99-year leasehold condominium. It will feature an iconic and luxurious building. The developer is offering a free shuttle bus to the Serangoon MRT interchange. This interchange will provide access to the Circle Line and North East Line. These interchanges will connect residents to nearby establishments, such as Serangoon Community Club, One North, and Paya Lebar.
Regentville is one of the best values in Serangoon, situated just 710 metres from the Serangoon North MRT station. There is a limited number of units left for sale and this is an excellent opportunity for first time buyers to get into the Serangoon market at a good price.
This enbloc offers a convenient location, close to public transportation and good schools. In addition, residents of Serangoon will be able to take advantage of the new Serangoon Garden Sub-Regional Centre, which is set to improve the transportation infrastructure and recreational facilities within the area.
Regentville Kensington Park Serangoon has a very close proximity to the Hougang 1 Community Mall, which is only a seven-minute drive away. This enbloc is also very close to the nearby Hundred Palms Residences, but has an older exterior and a crowded layout. However, this enbloc also has some very good amenities, such as a swimming pool and a fitness centre.
The Regentville Kensington Park Serangoon Condo is an excellent investment property, which can provide great rental income for the buyer. The development offers a variety of layouts, ranging from 538 square feet to more than 1,200 square feet. The Regentville Kensington Park Serangoon condo is close to the renowned Rosyth School.
Despite being a 99-year leasehold project, the Regentville Kensington Park Serangoon Condo is still a relatively new development. Most of the plots were launched as part of Government Land Sales. Moreover, it features a full-facility, including a tennis court, a 50m lap pool, a kids pool, a clubhouse, and a grand entrance drop off.