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 Kensington Park, a 999-year leasehold condominium in Serangoon Gardens, is set to start this week. Located at 2,4,6,8,10, and 12 Kensington Park Drive, the project comprises 491,000 square feet of land. It is being marketed by CBRE, the exclusive marketing agent.
The development is near several prestigious schools and medical centres. It is also close to major shopping malls. Residents will be able to easily access these facilities.
If you are interested in purchasing a new condo in Serangoon, then you should consider the Garden Residences at Serangoon North Avenue 1. The development is being built on a prime piece of land that measures 184,954 sqft and has a plot ratio of 2.5. It will feature 505 units. The location is ideal as it is close to many amenities. Additionally, the condominium is situated near Serangoon Mrt Station.
Serangoon North Avenue 1 is connected to the Central Expressway. This means that it is only a 13-minute drive to the CBD, City Centre and Orchard Shopping Belt. It is also within close proximity to the Tampines and Seletar Expressways.
A well-located apartment is an important factor when investing in a property. Kensington Park Serangoon is within a short distance from the Tavistock MRT Station, which offers direct access to the CBD. The project is also close to Bugis Junction and Raffles Hotel. The development is also close to many major retail and entertainment destinations.
Serangoon Gardens is a neighbourhood that has seen strong residential sales in recent years. A new 613-unit condo project, The Garden Residences, was launched in May 2018, and was fully sold within three years. The development is also close to the LYCEE FRANCAIS and Serangoon Garden Secondary Schools.