Affinity at Serangoon, a newly launch Condo located at Serangoon North Avenue 1. This brand new Serangoon Condominium comprises a total of 1052 units ranging from 1bedroom to strata landed houses.
Affinity at Serangoon is situation in a prime location in Serangoon with prestigious school like Rosyth just 700m away, Amenities such as the famous Hawker centre Chomp Chomp and My Village shopping mall, Nex Shopping mall and Hougang 1 are also just a stone throw away.
Future Residents of Affinity at Serangoon condo will also find travelling to work a breeze as we are just a mere 5mins drive to CTE and the nearest MRT and Bus stop are also less than 10 mins away.
112 units were successfully sold during Affinity at Serangoon launch on 11th June 2018.
Why Is Affinity At Serangoon A Good Investment?
1. Undersupply of condos in the area. If you realised in the Serangoon area, there are not many condo but many high price hdbs that can allow easy upgrade.
Total 4 condos. Sunglade. Forest woods, affinity, gardens.
However, Parc Colonial area got more than 10 condos. Demand and supply already thrown off scale. (Reference to Potong Pasir)
2. Paper gain of 5% compared to first batch of buyers. Due to the recent cooling measures, developer is giving more discounts. This is for a limited period only.
3. Surrounding area, some of the condos are prices at 1700 PSF VS Affinity at 1400 PSF. Gardens residence is an example. A handful bought at 1700psf. This means that people are willing to accept the price of 1700psf in this area. Means in future, it’s an indication people already accepted this price and will pay for it in future. But think about it, garden residence need to sell at 1900-2000 to break even. It’s a good safety net for you.
4. The beauty of new launch, especially in today’s market after cooling measures. The developers help you stage up the price due to dollar averaging. Today they have no choice but to sell you Low. But they will need to make it back somewhere else right? As the project becomes closer to TOP, they charge higher to make it back. In resale, you have to rely on another sale transaction and pray hard it sells higher to push your price up.
5. INVESTMENT VALUE FOR SMALL UNITS EMPHASIS!!!!
In recent news of average unit sizes becoming bigger, suddenly restores the investment value in 1 bedrooms, 1 plus studies and 2 bedrooms! Because suddenly they are in a way, discontinued!
Means there will be Low supply of such units in this market, resulting in more demand in future. Why? Because with PSF naturally going up, size has to go up due to the recent news, overall price increases.
Younger couples, future generation will be in search for something affordable. Your unit which is a smaller size, discontinued supply, becomes more “affordable” to them, yet you can demand a premium!
6. First progressive payment is in November!
7. Future MRT – Serangoon North!
8. In Seletar, High Park Residence and Parc Botannia is selling at 1450psf as seen in the past transactions. Affinity at Serangoon is also selling at 1400 PSF.
Affinity At Serangoon Location
| Catergory | Amenites | Approx Distance |
| Schools | Serangoon Garden Secondary | 0.67km |
| Zhonghua Primary | 0.72km | |
| Rosyth School | 0.78km | |
| Bowen Secondary | 0.73km | |
| Peicai Secondary | 0.76km | |
| MRT Station | Kovan MRT (NE13) | 1.36km |
| Serangoon MRT (CC13 NE12) | 1.77km | |
| Lorong Chuan MRT (CC14) | 1.89km | |
| Bus Stops | Aft Serangoon Nth Ave 1 (Bus: 147,103,109,116,156,70,73,76) | 0.01km |
| Blk 128 (Bus: 315) | 0.01km | |
| Blk 133 (Bus: 147, 103, 116, 156, NR6, 73, 43) | 0.10km | |
| Prominent Hawker Centres | Chomp chomp | 0.78km |
| Serangoon North Ave 1 Market | 0.59km | |
| Serangoon Garden Market | 0.88km | |
| NTUC FAIRPRICE (SERANGOON BLK 152B) | 0.51km | |
| Shopping Malls | My Village at Serangoon Garden | 0.96km |
| Nex Shopping Centre | 1.32km | |
| ICB Shopping Centre | 1.27km | |
| Hougang 1 | 1.32km | |
| Recreation, CCs & Parks | Serangoon Country Club | 0.86km |
| Trvistock Avenue Park | 1.12km | |
| Serangoon North Avenue Park | 0.01km | |
| Amphitheatre | 1.41km |
Affinity At Project Details
|
Project Details
|
Affinity at Serangoon
|
|
Developer
|
Oxley Serangoon Pte. Ltd
|
|
Site Area
|
27,583.90 sqm / 296,913 sqft
|
|
Solicitor
|
Rajah & Tann
|
|
Architect
|
DP Architects Pte ltd
|
|
M & E Consultant
|
Rankine & Hill (S) Pte Ltd
|
|
Structural Consultant
|
KCL Consultants Pte Ltd
|
|
Landscape Consultant
|
Ecoplan Pte Ltd
|
|
Address
|
18 – 30 Serangoon North Avenue 1 Singapore 149312
|
|
No. of Storeys
|
14
|
|
Payment Scheme
|
Normal Progressive / Deferred Payment Scheme
|
|
Tenure
|
Leasehold 99-years from 18 May 2018
|
|
Total No. of Units
|
1052 Units
|
|
No. of Car Park Lots
|
1055 Carpark Lots and 3 Handicap Lots
|
|
Expected Date of TOP
|
31 December 2021
|
|
Expected Date of Legal Completion
|
31 December 2024
|
|
Security
|
24 Hours Security Guard
|
Affinity At Project Furnishing
Affinity At Serangoon Site Plan
The Developer
OXLEY SERANGOON PTE. LTD.
Affinity at Serangoon is proudly brought to you by Oxley Holdings Limited, a Singapore home grown property developer. With it’s principal business in property development and property investment. Oxley Holding’s fast expansion can be seen in their presence locally and Globally, having their business in more then twelve global location.
Oxley Holdings Limited has a long track record of development and investment projects in many countries like Cambodia, Singapore, Malaysia, China, Myanmar, Cyprus, Australia, Ireland, the United Kingdom Japan, Indonesia, and Vietnam. Myanmar being some of them With project in prime location featuring lifestyle feature and trendy design. Future home owners will find all this quality finishing in Affinity at Serangoon.
Similar Listings
