Kensington Park Serangoon is undergoing an enbloc sale via tender. Its guide price of S$1.28 billion remains unchanged. The development is a low-density landed enclave that is undergoing an enbloc. The property has a 999-year leasehold tenure.
The public tender for the sale of Kensington Park Serangoon Condo Enbloc has been launched. The 316-unit development has been listed at a guide price of S$1.28 billion, including a land betterment charge of S$209.8 million. This is based on the land rate of approximately S$1,444 per square foot per plot ratio.
The development is being marketed by CBRE. It is situated on a rectangular plot with a plot ratio of 2.1 and a height control of 24 storeys. It offers a variety of floor plans and has lift access to all floors. The development has a number of amenities within the vicinity, including Serangoon North MRT station.
The en bloc sale of …