Affinity Serangoon condo is the valuable project to invest for both home buyers and investors. Location is the big advantage for this project with many reputable schools and amenities surrounded. Let's contact us soon to receive the special direct price from developer.
The name Serangoon is likely to be derived from burong ranggoon, referring to a species of black and white stork that lives around Sungei Serangoon (formerly called Rangoon River). Satu, or one in Malay, was added to the name, thus becoming Saranggoon. For a long period of time, this name was used before it eventually evolved to Serangoon. When Japanese came and during the Japanese Occupation, many plots in this region were became flower farms. As a result, this estate was officially named Serangoon Gardens.
Affinity @ Serangoon has many more exciting things which are waiting for you. Let's book an appointment with us to know why you do not miss this.
The Oxley-led CONSORTIUM includes Oxley that takes up a 40 percent stake in the consortium while Lian Beng Group, Unique Invesco Pte Ltd and Apricot Capital are divided the balance equally. Apricot is the private investment firm of Super Group’s Teo family. Unique Invesco is an indirect associate of KSH Holdings and it has 37.5 percent. To top up the lease to 99 years and intensify the land use, the consortium also has to pay $195 million estimated charges.
When this process finished, the new project is ready to go. Besides that, Oxley Holding has officially announced the name to be Affinity @ Serangoon, at the moment. Located in a premium matured estate, Affinity at Serangoon Condo launch in Singapore is expected to bring the excitement for both investors and home-buyers.This is a massive project and it cannot be delayed or stopped, because the leading of this project is a major player in the industry - the CONSORTIUM. Family is the priority of this condo development, it will consist of approximately 1052 units, with strata landed and 5 commercial shops. The future home-buyers can have many choices from one bedroom to family-sized units, based on their needs and abilities
.Additionally, most of the units will be north-south facing and enjoy convenience and amenities in Serangoon North mature estate. This new development of the Affinity @ Serangoon condo is calculated to feature a land rate of $835 per sq ft per plot ratio.according to sources. Besides that, developer is the big advantage for this development. Affinity @ Serangoon is developed by reputable developer - Oxley. This developer has been famous for developing luxurious condos and units for residential purposes. Likely other previous Oxley's significant projects, Affinity Serangoon will also have many luxurious units and high-class facilities.
Affinity at Serangoon is the great destination for people who are looking for a cosy home at a golden location. Furthermore, the variety of units type will adapt the different needs of each individuals. For more detail, please do not hesitate to contact us and we will bring more amazing things to you.
The sale of Pacific Mansion remains the largest collective sale transaction since the $1.34 billion Farrer Court deal in 2007.
Tang Wei Leng, managing director at Colliers International said “Interestingly, barely five months into 2018, the transaction value of residential collective sale deals has caught up with that of 2017,”
The collective sale market is likely to remain buoyant this year, barring any unforeseen events. That said, to get a deal across the line, it is also key that owners set realistic asking price. Owners’ expectations have risen in tandem with the rising property market – particularly so of late, as the cost of buying a replacement home has increased,” she added.
Meanwhile, comparing with the previous quarter, public investment sales decreased 18% in Q1, however, it increased 166% to $1.24 billion from a year ago.
“These reflect the developers’ hunger for land as well as their confidence in the residential market across mass market to the high-end segments,” said Colliers.
Affinity @ Serangoon located at Serangoon North Ave 1, District 19, Singapore with many nearby amenities. Please look at the Location to know more about its strategic location and kindly contact us soon to have the priority unit selections.
Adapted from PropertyGuru May 7, 2018