SINGAPORE (EDGEPROP) – Affinity at Serangoon is yet another exciting new property launch in District 19 by the renowned Oxley Serangoon Ltd. Designed by veteran and award-winning company DP Architects; the residence is set amidst lush beautiful landscaping that mimics a luxury resort. Affinity at Serangoon proffers future residents with not just a vibrant modern life and healthy, nature-inspired style but also with the conveniences of being close to a good transport network and a slew of other amenities.
About Design and Unit Configuration
In terms of residential homes, Affinity at Serangoon comes with a total of 1012 apartment units and 40 strata landed houses. There are also 5 commercial shops (on the first storey) and 2 basement car parks within the development. The residential section features a thoughtful mixture of 1 to 5 bedroom units, which gives potential home seekers and investors a variety of choice based on their needs.
What to Expect In Terms Of Facilities
Affinity at Serangoon comes with a total of 88 facilities that will sufficiently cater for the residents’ fun, social and fitness needs. Some of these facilities include clubhouse, 50-meter lap pool, family pool, dining pavilion, BBQ, Sanctuary pool and fitness corner. There’s also an outdoor gym, tennis court, jogging trail and reflexology path within the development that residents can make use of.
Accessibility and Transport Connectivity
With the widening of the Upper Paya Lebar Road, residents of Affinity at Serangoon will enjoy swift access to the Pan Island Expressway (PIE) and the Kallang-Paya Lebar Expressway (KPE).That means getting to the Singapore Central Business District (CBD) and other parts of the island will be within minutes.
Commuters can make use of the nearby Serangoon MRT, Kovan MRT and Lorong Chuan MRT Stations. There is also a bus service in the area, which residents can utilize for short quick journeys.
Proximity to Various Amenities
Affinity at Serangoon lies in an area that’s not only deeply connected to transport infrastructure but also surrounded by countless amenities ideal for the residents. That makes the idea of living or investing here valuable both in terms of money and convenience as well.
Here is a close up look at each of the amenities found nearby:
Schools
Zhonghua Primary and Rosyth Primary schools are located within a distance of 1 km from the residential development. Other schools found nearby include Nanyang Junior college, Lycee Francais Singapore and the Australian International School. This means parents with school-going children and those planning to enroll for tertiary education have numerous options close to their doorsteps to choose from.
Lifestyle Amenities
Affinity at Serangoon is strategically located in District 19 close to a number of shopping malls, supermarkets and sporting facilities, which can ideally be reached within minutes. Some of the best shopping outlets around that residents can take advantage of include NEX Shopping Centre, Heartland Mall, Hougang 1 Mall, Seletar Mall and Chomp Chomp Food Center.
Those who love to enjoy or watch some sporting action can go the nearby Hougang Sports center and spend their worthy weekend or free time there. The Serangoon Community Park also sits not-so far from the residence and is open to anyone who wants to stroll or picnic as they get upclose with nature.
What Is The Estimated Selling Price For Affinity At Serangoon?
Oxyley bought the former Serangoon Ville site at a cost of S$499 million, which translates to a land price of about S$835 psf ppr (per square foot per plot ratio). This price is lower compared to neighboring residential properties like the Garden Residences that was bought at S$965 psf ppr.
Now, putting in mind all expenses involving building, lease renewal, marketing etc., the breakeven price comes to about S$ 1,300.When profit margins are factored in, the estimated selling price could be around S$1,500 psf.
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