- 24/05/2018: Affinity at Serangoon Indicative Prices are out!!! Super Attractive Prices – 1 Bedroom from S$738K before additional Balloting Day Discount!! Enquire Now for more information
- 15/05/2018: Affinity at Serangoon New Perspectives and Floor Plan Updated. Register with us to get your exclusive copy of E-Brochure with Floor Plan.
- 01/05/2018: Project Name Confirmed – Affinity at Serangoon by Oxley (former Serangoon Ville). 1 -4 Bedrooms units and Strata Landed Houses specially curated/designed by DP Architect. Showflat Target Preview: End May 2018.
Affinity is an upcoming Mega Development nestled in the private enclave of Serangoon Gardens along Serangoon North Avenue 1 by Oxley with the envision of “Come HOME to all that you CHERISH”. It will feature 1012 Apartments (1-4 Bedrooms), 40 Units of Strata Landed House as well as 5 Commercial Units. Most of the units (around 60%) are 1 or 2 bedroom units. Showflat Target Preview: End May 2018.
Affinity also formerly known as Serangoon Ville, is Privatised HUDC estate in Serangoon North Avenue 1 has been sold to an Oxley Holdings-led consortium which comprises of Oxley Holdings, Unique Invesco, Lian Beng and Apricot Capital for S$499 million. The four companies had earlier in May teamed up to acquire Rio Casa, a former HUDC estate in Hougang, in a collective sale for S$575 million.
The purchase price for Serangoon Ville at S$499 million works out to a land price of close to S$835 per square foot per plot ratio (psf ppr), which includes the estimated differential premium of S$195 million payable to the state for a top-up to a fresh 99-year lease and for the intensification of the 296,913 sq ft site to a gross plot ratio of 2.8. Given the land price of close to S$835, the estimated break even price will be in the range of S$1,300 and therefore the estimated selling price will be likely be above S$1,500 psf. It was noted that the winning price of S$835 psf ppr is lower than the next plot of land at Serangoon North Avenue released under Government Land Sales (The Garden Residences) at S$965 psf ppr.
AFFINITY PROJECT INFORMATION
|Description||PROPOSED RESIDENTIAL DEVELOPMENT COMPRISING 7 BLOCKS OF 14 STOREY APARTMENTS, 2 BLOCKS OF 3 STOREY STRATA-LANDED HOUSES WITH BASEMENT AND 1 BLOCK OF 2 STOREY STRATA-LANDED HOUSES WITH BASEMENT (TOTAL 1052 UNITS) WITH 5 COMMERCIAL SHOPS AT 1ST STOREY, 2 BASEMENT CAR PARKS, SWIMMING POOLS AND ANCILLARY FACILITIES ON LOT MK 18-10733V AT SERANGOON NORTH AVENUE 1 (SERANGOON PLANNING AREA)|
|Location||10 - 64 Serangoon North Avenue 1|
|Developer||Oxley Serangoon Pte Ltd|
|Site Area||27,583.90 m2|
|No. of Storeys||14|
|Total No. of Units||1,012 Apartments, 40 units of Strata Landed House and 5 units of Commercial|
|Facilities||Clubhouse, Pavilion, Gym, Aqua Gym, 50m lap pool, Wading pool, Family Pool, Sanctuary pool, BBQ , Dinning pavilion, Pool deck.
Tennis court, Fitness corner, Bicycle parking, Retail shop,
|Total No. of Carparks||Residential - 1012 lots
Residential Handicap - 7 lots
Strata landed - 80 lots
Shop - 2 lots
|Expected TOP Date||31 Dec 2024|
|Indicative Pricing||To be Advised|
|Unit Type||Unit Size (sqft)||No. of Units||Indicative Pricing|
|1 Bedroom||474-560||186||From S$738k|
|1 + Study||538-689||202||From S$848k|
|2 Bedroom||635||7||From S$988k|
|2 + Study||624||91||TBA|
|2 Bedroom Premium||753-775||28||From S$1.12m|
|2 Bedroom + 1 Premium||732-775||112||TBA|
|3 Bedroom||850-1012||170||From S$1.3m|
|3 Bedroom Deluxe||1152-1259||109||TBA|
|3 Bedroom Premium||1076-1249||55||TBA|
|4 + Study||1410 - 1711||42||From S$2.15m|
|4 Bedroom Penthouse||1582-1722||5||TBA|
|4 Bedroom +1 Penthouse||1550||5||TBA|
|Strata landed – 4 Bedroom||2067-2088||13||From S$2.38m|
|Strata landed – 5 Bedroom||2303-2357||27||TBA|
Affinity has an attractive location given its centralized location in Serangoon. It is only about 15 minutes drive to the Central Business District and Orchard Shopping Belt. It is also close to 3 MRT Stations such as Serangoon MRT, Kovan MRT and Lorong Chuan MRT Station which provides ease of access to the different parts of Singapore.
Affinity is also surrounded by numerous eateries, shopping malls and schools. Nex Shopping Mall, Kovan Heartland Mall, Serangoon Gardens, Chomp Chomp Food Centre is all within the vicinity. In terms of schools, you have Australian International School, Rosyth Primary School, Saint Andrew Junior School, Nanyang Junior College, Lycee Francis de Singapour.
WHY INVEST IN AFFINITY AT SERANGOON
- Developed by Joint Venture firm Oxley Serangoon comprises of Oxley Holdings, Lian Beng Group, Apricot Capital, KSH Holdings and Heeton Holdings.
- Future Residents will be served by train stations such as Kovan MRT Station, Serangoon MRT Station and Lorong Chuan MRT Station with 1 year free shuttle bus to Serangoon MRT Station
- Short 15-20 minutes’ drive to the Central Business District, Orchard Shopping Belt and is well connected to other parts of the island via the Central Expressway (CTE).
- Close to a number of good schools such as Rosyth Primary School, Zhonghua Primary School, Xinmin Primary, Rosyth Primary School, CHIJ, Serangoon Garden Secondary, Saint Andrew Junior School and Nanyang Junior College.
- There is a wide range of amenities and shopping nearby such as Serangoon North Neighbourhood Shops, NEX Mall, myVillage@Serangoon Garden, Houang Mall and various Supermarkets.
- Near to the Chomp Chomp Food Centre, Serangoon Garden Market and Food Centre, Serangoon Gardens Country Club. There are also a cluster of restaurants, cafes, bakeries and ice cream retailers at Serangoon Gardens.
- Most of the Units are North-South Facing with Panoramic Unblocked Landed View
- 88 Facilities + 5 Retail Shops for Enjoyment and Convenience
- Investment Opportunities with Seletar Aerospace Park and the upcoming Punggol Digital District being close by
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