If you are interested in purchasing a condo in Serangoon, then you may want to look into the upcoming enbloc at Kensington Park. The development could add to the value of the area and also increase the price of your unit. You may also want to consider Affinity, which is undergoing construction. You may want to visit the development on site to see how the units are going to look.
A 999-year leasehold property is a great investment option for those who want to enjoy a prestigious address in the heart of Singapore. These units are close to reputable schools and shopping centres. They also enjoy unobstructed views of the low-density landed area.
Located near the Serangoon North housing estate, Kensington Park is near several amenities, including Serangoon Gardens (Chomp Chomp). It is also within 5 minutes’ walk to the Australian International School. Lastly, the nearby Central Expressway makes it easy to access the Central Business District in 20-25 minutes.
Located on a 491,000-square-foot rectangular plot in the Serangoon landed enclave, the 999-year leasehold in Kensington Park has been put up for collective sale. The price tag for this project has been revised to S$1.28 billion, with a land betterment charge of S$209.8 million. The site is zoned for residential use, with a maximum height restriction of 24 storeys. Developers will need to get approval from the Land Transport Authority and conduct a pre-application feasibility study to proceed with the redevelopment of the site.
If you are looking for a prime location near public transport, you may want to consider a low-density landed enclava like Kensington Park. The neighbourhood offers unobstructed views of a massive estate. The neighbourhood is also close to major schools, including Serangoon Garden Secondary School and International French School. In addition, it is near Serangoon North MRT station.
The site is located along Serangoon North Avenue 1 and is accessible from Serangoon North MRT station. Its location is convenient for commuters as it is close to major retail, dining, and leisure destinations.
The relaunched Kensington Park Serangoon condo enbloc is being sold at a guide price of S$1.28 billion, according to CBRE, the sole marketing agent for the property. It’s situated on a 491,000-square-foot rectangular plot in the Serangoon Gardens landed neighbourhood. The units are facing Serangoon Garden and enjoy unobstructed views of the park.
The Reserve Residences at Jalan Anak Bukit will feature 700 private residences with views of the Bukit Timah Nature Park. The location is ideal for families and those who love spending their free time outdoors. It’s also located near several schools and is well-connected to the city.
Serangoon North MRT station and Tavistock MRT station are part of the Cross Island Line. The two contracts will cost a total of S$861 million. Both will be built underneath busy Ang Mo Kio Avenue 3 and the Yio Chu Kang Road vehicular bridge.
Both Tavistock and Serangoon North MRT stations are nearby Kensington Park. This is a prime location for commuters as they can easily access a major public transportation hub. Serangoon Gardens and the Serangoon Gardens Food Centre are also close by. If you like to do some shopping, you can visit Heartland and Nex Malls.
The Tavistock MRT station is within walking distance of the site. The site is a rectangular, 491,000-square-foot site that offers uninterrupted views of a vast estate. According to CBRE, the site could be developed into a luxury condominium with more than 1,000 residential units. If this were to happen, developers would be able to charge premium prices for low-floor units and build larger apartments.
The owners of the enbloc at Kensington Park Serangoon condo are once again looking to sell the property, which has a S$1 billion price tag. More than 80 per cent of the owners have given their consent for the sale, and the marketing agent is understood to be CBRE. The marketing agent has not yet revealed when the tender will be launched, but the owners have signed a collective sale agreement.
Developers in Singapore have shifted their focus to smaller sites with lower land costs, and the smaller sites usually have better chances of selling all units within 5 years. However, larger sites can still be very attractive if they are in prime locations and at a reasonable price. Currently, Huttons Asia is handling two of the big sites in Singapore, with Kensington Park Condominium at Serangoon Gardens achieving a seventy-percent consent level, and the Pine Grove development at Pandan Valley securing a seventy-six percent consent level.