With more than 80% of it’s units sold, Affinity at Serangoon is a popular new launch condo choice in North East Singapore.
Located just a 5 minutes walk from the future Serangoon North MRT station, is this project a worthwhile new launch condo to look at? What is Affinity at Serangoon price at the moment?
Affinity at Serangoon price starts from $770k for a 1 bedroom unit at 474sqft and it’s 3 bedroom units are priced from $1.288m onwards. The average PSF is around $1500psf for most of it’s remaining available units.
Unit Type | Price Fr | SQFT | PSF |
---|---|---|---|
1 Bedroom | $770k | 474 | $1624 |
1 + Study | $862k | 560 | $1539 |
2 Compact | $1.057m | 635 | $1664 |
2 Premium | Fully Sold | – | – |
2 + Study | $1.047m | 624 | $1678 |
3 Compact | $1.288m | 861 | $1496 |
3 Premium | $1.607m | 1076 | $1493 |
3 Deluxe | $1.652m | 1152 | $1434 |
4 + Study | $2.086m | 1410 | $1479 |
4 Bed Strata | Fully Sold | – | – |
5 Bed Strata | $2.525m | 2303 | $1096 |
Retail Shop | $1.443m | 484 – 538 | – |
* Prices and Discounts indicated here are subject to developer changes. Please check with us to be sure.
Designed by award winning DP Architects, Affinity at Serangoon is a beautifully landscaped new launch development located in the mature estate of Serangoon.
With close proximity to countless recreation, amenities and superb connectivity with the upcoming Serangoon North MRT, this development offers great homes for own stay or investment purposes.
Project Name | Affinity at Serangoon |
---|---|
Address: | 10 – 64 Serangoon North Ave 1 |
Developer: | Oxley Holdings (Joint Venture) |
Tenure: | 99 Years Fr May 2018 |
Est. TOP: | 2024 (Q4) |
No. of Units: | 1052 Residential, 5 Shops |
Unit Types: | 1 to 4 Bedroom Apartments and Strata Landed Houses |
Building Type: | 7 Blocks of 14 Storey Apartments, 3 Blocks of Strata Landed Houses |
Carpark Lots: | 1101 Lots |
Site Area: | 296,911sqft |
Plot Ratio: | 2.8 |
District No.: | 19 |
Unit Type | Size (sqft) | Total Units |
---|---|---|
1 Bedroom | 474 / 484 | 186 |
1 + Study | 538 / 614 | 202 |
2 Compact | 635 | 7 |
2 Premium | 753 | 28 |
2 + Study | 624 | 91 |
2 Premium + Study | 732 / 753 | 112 |
3 Compact | 850 / 904 | 170 |
3 Premium | 1076 | 55 |
3 Deluxe | 1152 | 109 |
4 Bedroom | 1410 / 1453 | 52 |
4 Bed Strata | 2067 / 2088 | 13 |
5 Bed Strata | 2303 – 2357 | 27 |
Retail Shop | 484 / 538 | 5 |
The maintenance fee here at Affinity at Serangoon is one of the cheapest you can find among all the new launches in Singapore! So what are the maintenance fee the different unit types?
Affinity at Serangoon monthly maintenance fee starts from just $180 for it’s 1 bedroom units, and the 2 bedroom, 3 bedroom and 4 bedroom units are having a maintenance fee of merely $213 to $249.
This is exceptional value especially for investors looking to rent out their investment properties here.
Unit Type | Share Value | Monthly Fee |
---|---|---|
1 Bedroom | – | $180 |
2 Bedroom | – | $213 |
3 Bedroom | – | $249 |
4 Bedroom | – | $249 |
4 Bed Strata | – | $288 |
5 Bed Strata | – | $324 |
* The estimated monthly maintenance fees are currently indicative, and may be subjected to changes.
Bonus – Pricing Info Analysis for Investors:
Land Price – $835psf ppr
Affinity at Serangoon is the new development that replaces the former privatized HUDC – Serangoon Ville.
With only 244 large (1600sqft to 1700sqft) apartments and maisonettes across seven blocks in the old Serangoon Ville, this re-development will allow transformation into 1052 beautiful residential units.
Led by a Oxley Holdings joint venture consortium, what was the land price paid by the developer in this highly successful collective sale?
The developer secured this site under a collective sale deal worth $499 million in July 2017. As the site’s lease only had a remaining of 69 years left, the developer paid an additional $195 million in estimated charges to top up the lease and to intensify the land use. This means the final land cost of the developer works out to be around $835psf ppr (per plot ratio).
Below is how the land cost of Affinity at Serangoon fare against its other competitor developments:
Here’s the land cost comparison of Affinity at Serangoon against its other nearby competitor developments:
Project | Land Price (psf ppr) | Location |
---|---|---|
The Woodleigh Residences | $1181 | Woodleigh |
Park Colonial | $1110 | Woodleigh |
The Garden Residences | $964 | Serangoon North |
Sengkang Grand Residences | $923 | Buangkok |
The Florence Residences | $842 | Hougang |
Affinity at Serangoon | $835 | Serangoon North |
The Tre Ver | $797 | Potong Pasir |
Jadescape | $747 | Shunfu |
Riverfront Residences | $706 | Hougang |
Back in early 2019, the announcement of Serangoon North MRT Station location made waves, resulting in a huge interest and sales spike at Affinity at Serangoon. So where exactly is Affinity at Serangoon located which made buyers rush into their purchase?
Affinity at Serangoon is located at 10 – 64 Serangoon North Ave 1, which is just a mere 5 minutes walk to the upcoming Serangoon North MRT Station on the ambitious Cross Island Line. This is a huge promise on the location with transport connectivity set to become very convenient for residents to travel towards all parts of Singapore.
Also, as neighbour to the beloved heritage estate Serangoon Gardens, modern conveniences will be greatly enjoyed.
From famed hawker eats and hipster restaurants to 24-hour groceries, all of these are just mere minutes across Affinity by foot.
MRT Station | Walk Time | Est. Distance |
---|---|---|
Serangoon North (u/c) | 5 mins | 400m |
Affinity at Serangoon is blessed to be within 5 minutes walk to the upcoming Serangoon North MRT Station on the Cross Island Line.
And the best part is, Serangoon North MRT Station is so near to 2 other MRT Interchange Stations that’ll easily get you around Singapore.
One of Singapore’s top primary school is just around the corner.
Rosyth School is one of the only nine primary schools in Singapore that offers the Gifted Education Program, hence making it a top choice school that parents try to get their children into.
Well within the 1km distance to Affnity at Serangoon, its easy to give your child a massive boost to secure a place in this school!
Here’s the list of popular schools around Affinity at Serangoon:
Scheduled to be completed by 2030, the upcoming Cross Island Line is set to transform transport connectivity in Hougang.
Spanning from eastern Singapore at Loyang, this ambitious MRT line has been earmarked to eventually end in the western part of the Singapore.
When fully completed, travel time from the north-east to the west will be significantly improved.
Affinity at Serangoon is just mere minutes walk away from Serangoon North MRT Station, which is just 1 stop away from the Hougang Interchange Station and 2 stops away from the Ang Mo Kio Interchange Station.
This is massive potential, as the MRT effect may well easily drive up property value and demand here!
Already announced in the government’s masterplan, a new integrated transport hub will be developed at Hougang MRT station.
Coinciding with Hougang MRT station being set to become an interchange station, this upcoming integrated development with residential and commercial component will definitely set a high bar in property buyer’s interest.
Over at Buangkok MRT station today, the new launch integrated development – Sengkang Grand Residences is already being transacted at an average of between $1700-$1800psf. And the future integrated development at Hougang is certainly going to see higher prices and psf.
This presents a huge potential window in the current Affinity at Serangoon prices.
The land cost between Affinity at Serangoon and Sengkang Grand Residences can also be compared here.
Two exciting industrial estate/park rejuvenation and development is also set to lock more investment potential for Affinity at Serangoon owners.
Concrete plans has been announced in the URA Masterplan to envision a next-generation industrial park in the upcoming Lorong Halus Industrial Park, which is merely a stone’s throw away from Affinity at Serangoon. Over 100 hectares in size, this future industrial park will be developed to become a major employment centre and provide more jobs closer to homes in the north-east.
The existing next door Defu Industrial Park is also set to be progressively revitalised into a modern industrial park with new complexes being developed, and will look to house various strategic high-tech industries.
A whopping 88 facilities choices awaits you in the heart of this development.
Crafted into 3 different exciting zones – The Islands, The Tropical Forest and The Stream Forest, there is plenty to keep you, your family or friends occupied.
Choose from indulging in glittering pools with islands of fantastic facilities, or explore the vast diversity of nature broadwalks.
There’s also no sweat keeping fit, with a huge variety of fitness facilities and spaces for you to stretch, run and jump!
Here are some of the facilities you can look forward to:
Thoughtfully planned to maximize space and maximize open views, each apartment here allows owners to enjoy the full comfort of their home.
Comprising of premium selection of tone colors and fittings carefully chosen for each unit, luxury stays with you every single day.
Here’s what you can expect:
Experience Affinity at Serangoon yourself by viewing the Showflat today.
* Please note that Covid-19 safe-distancing policies are still in place. Kindly register/book your visit with us prior to your visit.
The showflat of this project is not situated near it’s actual site.
So where is Affinity at Serangoon showflat located at?
Affinity at Serangoon showflat is located along Serangoon Ave 1, which is a 8 minutes walk from Serangoon MRT Station. Situated next to St. Gabriel’s Secondary School, drivers can access the showflat carpark along Serangoon Ave 1, where the stretch of landed houses are.
Here’s the map of the showflat location:
Affinity at Serangoon is developed by a consortium of the following developers: Oxley Holdings, KSH Holdings, Lian Beng Group, Apricot Capital and Heeton Holdings.
Oxley Holdings will lead the development with them holding the majority stake, with the remaining stakes distributed among the other stakeholders.
Oxley Holdings is a veteran in the property developing market, both locally and internationally. Their international market consists of countries namely: United Kingdom, China, Australia, Malaysia, Indonesia and Vietnam, just to name a few.
Being one of the largest homegrown developer, Oxley Holdings is listed on the SGX Mainboard and with a track record of more than 8000 completed residential units under their belt, there’s plenty of assurance that buyers will be getting quality homes.
In 2018, they held the largest land bank in Singapore. Based on the number of dwelling units, they had 4000 units! A result of their very successful en-bloc acquisition streak.
Current Ongoing Projects:
Some Notable Past Completed Projects:
Get instant info from Developer Sales Team
Get instant info from Developer Sales Team