Affinity @ Serangoon @ Serangoon North Estate: Review from SGBW

Affinity @ Serangoon @ Serangoon North Estate and Serangoon Gardens (Formerly Serangoon Ville, Enbloc)

Affinity @ Serangoon, an upcoming residential area at Serangoon North, located in the northeastern part of Singapore was successfully acquired by Oxley Holdings for S$499 million. (See: Former HUDC estate Serangoon Ville sold en bloc for $499 million) The old Serangoon Ville enbloc is a 244 unit development features three blocks of 13-storey and four blocks of four-storey walk-up apartments.

The Oxley-led CONSORTIUM includes Oxley that takes up a 40 percent stake in the consortium; the balance is equally split among Lian Beng Group, Unique Invesco Pte Ltd and Apricot Capital. Unique Invesco is a 37.5 percent indirect associate of KSH Holdings; Apricot is the private investment firm of Super Group’s Teo family. The consortium also has to pay $195 million in estimated charges to top up the lease to 99 years and intensify the land use.

Each unit is expected to receive between S$2 million from the sale, higher than the previously estimated S$1.6 million to S$1.7 million, ERA said. The estate had 69 years left on its lease.

Oxley Holdings Limited

Information on Enbloc of Serangoon Ville that will transform into Affinity @ Serangoon.

In July 25th, 2017, the tender was closed and a total of 5 competitive bids were received with prices well above the owners’ asking price. More than 80 percent of the owners agreed for an en bloc sale, which resulted in the property to put up for sale. After the sale is completed successfully, and conditions met, each owner will receive about S$2 million for their property. As usual, before the project launch announcement, it has to undergo some pending government paperwork and clearance from the authorities for a full go-ahead. As of now, Oxley Holdings has officially announced the name to be Affinity @ Serangoon. This new Condo launch in Singapore is expected to build great hype and excitement since it is located in a premium matured estate.

Since the CONSORTIUM leading this project is a major player in the industry, there is hardly an occasion when an obstacle has stopped or delayed a project as massive as this. Affinity @ Serangoon will be built with the family in mind and will consist of approximately 1052 units, with strata landed and 5 commercial shops. Featuring units with a variety of 1br to family-sized units, most of the units will be north-south facing and enjoy convenience and amenities in Serangoon North mature estate.

According to sources, this new development of the Affinity @ Serangoon condo is calculated to feature a land rate of $835 per sq ft per plot ratio. Oxley has been famous for developing luxurious condos and units for residential purposes and it is highly likely that this project will also be fully developed for a luxurious unit, resembling most of Oxley’s significant projects.

Short History of Serangoon North Estate where Affinity @ Serangoon is located.

Nex Shopping Centre

Serangoon Gardens was formerly a residential estate for the British (and some Australian and New Zealand) soldiers and airmen, where some of them were based in the nearby RAF (Royal Air Force) Chia Keng Camp, until the early seventies.

The name Serangoon is likely to be derived from burong ranggoon, referring to a species of black and white stork that lives around Sungei Serangoon (formerly called Rangoon River). Satu, or one in Malay, was added to the name, thus becoming Saranggoon. This name was used for a long period of time before it eventually evolved to Serangoon. During the Japanese Occupation, large plots of flower farms were cultivated in this region, leading to the naming of the estate as Serangoon Gardens.

URA Masterplan For Developing Serangoon Where Affinity @ Serangoon is

The site is within URA’s Serangoon Planning area. Comparative developments in the area include Kensington Park, Affinity @ Serangoon by Oxley Holdings. Slightly further to the East will be Terrasse. There has been a drought for new condominium launches in the estate and so Affinity @ Serangoon will together with Keppel and Wingtai The Garden Residences will rejuvenate and revitalise the entire area and neighbourhood, the value of the estate will be raised and tremendous amounts of activities and vitality will be injected into the estate.

URA Masterplan Serangoon

Important Breakdown and Preview of Affinity @ Serangoon

Let’s look at the compelling reasons to select Affinity @ Serangoon as your investment property and choice. Our developer team has a breakdown and you may refer to Affinity @ Serangoon Prices here.

  • Good Roads and Transport Connectivity
  • Nearby Good Local and International School
  • Centralized Location and Minutes to Town, Harbourfront, Central Business District and also South Marina Bay
  • Near to Amenities such as NEX and Food Haunts such as Chomp Chomp Food Centre.
  • Strong Tenant Base with expected expatriate demand from Lycee Francais de Singapour
  • Strong Tenant Base from Surrounding Business Parks such as Amk Industrial Park and Serangoon North Industrial Estate
  • Great for Families looking for a home near good schools and strong amenities
  • Luxurious Living and Fittings

Hype and Launch of Affinity @ Serangoon: What’s Next?

Since the official launch of Development name, Affinity @ Serangoon was just announced on 15th May 2018, we expect a hype build up as we continue to provide the latest news and updates. More importantly, the E-brochures, floor plans, and site plan will be crucial to determining the value of this Condominium at Serangoon North.

It is important to note that former HUDC estates, which tend to be huge under-built swathes of land, have featured strongly in this year’s list of awarded collective sales, with successful developers hoping to intensify the number of units by three to five times the existing capacity. This includes estates like Affinity @ Serangoon, and Riverfront Residence (formerly Rio Casa Enbloc).

If you would like to follow up on the updates of Affinity @ Serangoon, we highly recommend that you refer to the official site source here: https://affinityatserangoonville.sg. Early preview usually means you get access to early information that can help with decision making on the purchase of Condominiums in Singapore. Subsequently, you should base your decision on the floor plan layout and sizes – PSFs are important but the layout is equally important, so be sure to make informed decisions and do your due diligence before any purchase!

Jui Residences Condo – Reconstructing National Aerated Water Company to Private Estate

Jui Residences Condo – Reconstructing National Aerated Water Company to Private Estate

Jui Residences Condo is the latest development by SDB Singapore, Selangor Dredging Berhad (SDB). Located at 1177 Serangoon Road, it is situated in an established HDB estate with plenty of new developments, including minutes drive to Paya Lebar Hub, and a majestic water view of Sungei Kallang.

The condo land parcel at Jui Residences received a top offer of S$47m for the 31,705 sqft land plot of former building – National Aerated Water Company. SDB will work with Singapore in the conversation of nearby heritage buildings, and this residential estate will be one of the prime city fringe development.

SDB International

The project is officially announced at the end of 2017 with indicative prices expected to be released after CNY 2018. For starters, one may refer to the following Serangoon Masterplan by URA to get an idea of the estate Jui Residences Condo is developed in.

URA Serangoon Masterplan for Jui Residences

The building will be worked by Selangar Dredging Berhad to be transformed in a “unique and lively commercial area”, said Mr The Lip Kim, the managing director of SDB, and it lies next to a park connector. There will not be a fence along the main road and river, meaning that it will welcomed the public for a close up look and personal with this heritage gem.

Source: Jui Residences Condo Project Details

Jui Residences Condo – Own a piece of Heritage

National Aerated Water Company is a Heritage Site that is a landmark with a rich history and is part of the whole DNA of this district. Kallang used to be industrial, and full of brickmaking kilns and sawmills. The now-famous St James Power Station was also in the national monument industrial heritage along with Kallang Airport and also Fort Factory.

With the commercial development in the area, here’s what we can expect Jui Residences Condo to entail:

The price psf will only be released after CNY 2018. Do register early with the Jui Residences Official Developer Team to keep updated with the latest news. For now, we are certain there will be at least 1 to family bedroom options, with a total of 1177 units. The estimated psf will be aligned with surrounding Condominiums to keep it competitive by SDB.

Here are the top 6 reasons why we expect the prices of Jui Residences to be competitive (and investment worthy!):

  • Own a piece of Heritage on this development
  • Near Prestigious Schools and Education Hub
  • Well connected via Expressway at Doorstep and Serangoon Road
  • Plenty of Amenities in Mature Estate
  • Freehold Property
  • Proven Track Record and Quality Fittings by Selangor Dredging Berhad

Jui Residences Condo – Site Location Details

Location Map and Surrounding Amenities

Jui Residences Location Map

Jui Residences Condo will be beside Potong Pasir MRT. Residents will find transportation convenient and minutes to shopping malls like The Venue Shoppes, as well as local wet market Boon Keng Market. Here are some amenities that will be situated closeby: Kallang Community Club, Potong Pasir Town and Market, and The Poiz Centre.

Education wise, Potong Pasir & Serangoon is known for the variety and strength of the education facilities and options. There is Bendemeer Primary and Secondary School, St Andrew’s Primary and Secondary, as well as St Andrew Junior College (SAJC). This covers a wide array of education options for a child from teenage to adult.

Register for Early Preview for Jui Residences Condo Singapore

URA’s CEO Mr Lim Eng Hwee said: “This building is not only historically significant as a familiar landmark along the Kallang River, it also holds fond memories for Singaporeans for the popular soft drinks it produced from the 1950s to 1990s”

To find out more, do sign up for the Jui Residences Show Flat.

Margaret Ville Condo – New Launch by MCL Land (Regency)

Margaret Ville Condo is the latest development by MCL Land (Regency). Located between Margaret Drive and Commonwealth Avenue, it is situated in an established HDB estate with plenty of new developments, including minutes drive to iconic attraction – Holland Village in Singapore.

The condo land parcel at Margaret Drive received a top offer of $238.39m for the 22,195 sqm residential plot – (Press Release for Margaret Drive)This indicates strong demand and the bid was awarded to established MCL Land (Regency).

MCL LAND Logo

The project is officially announced at the end of 2017 with indicative prices expected to be released after CNY 2018. For starters, one may refer to the following Queenstown Masterplan by URA to get an idea of the estate Margaret Ville Singapore is developed in:

Margaret Ville - Queenstown Masterplan

As seen, new housing choices will be made available in the area, including Holland Village, Ghim Moh, and Margaret Drive itself. The increased pool of housing options is to cater for the surrounding new developments in leisure and economic outlay.

For example, a new community park will be planed along with the renovation of Commonwealth Avenue Wet Market. Queenstown offers a wide range of recreational facilities and landscapes for residents of all ages and is well connected to the park connector network. The ‘Round Island Route’ will make it easier for residents to walk or cycle to other parks and attractions.

Economic wise, Margaret Ville Condo has great investment potential due to the growth at one-north – where the new Mediacorp headquarters is housed, along with Lucasfilm’s Sandcrawler at Fusionpolis.

Margaret Ville Singapore – What is the expected Price?

Currently, the price psf will only be released after CNY 2018. Do register early with the Margaret Drive Official Developer Team to keep updated with the latest news. For now, we are certain there will be at least 1 to family bedroom options, with a total of 275 units. The estimated psf will be aligned with surrounding Condominiums to keep it competitive by MCL Land.

Here are the top 6 reasons why we expect the prices of Margaret Ville to be competitive (and investment worthy!):

  • Excellent Connectivity
  • Near Prestigious Schools and Education Hub
  • Centralized Location and Minutes to Orchard Road, Vivocity, CBD and Marina Bay
  • Strong Tenant Base from Surrounding Business Parks such as One-North, Mediapolis, Science Park
  • Great for Families near good schools and strong amenities
  • Potentially high rental demand

Margaret Ville Condo Project Details

Location Map and Surrounding Amenities

Margaret Ville Perspective Location Map

Margaret Ville Condo will be beside Commonwealth MRT and Queenstown MRT. Residents will find transportation convenient and minutes to big box shopping like IKEA. Here are some hubs that will be situated closeby: One North, Fusionopolis and Holland Village.

Education wise, Queenstown is known for the variety and strength of the education facilities and options. There is Queenstown Primary School, Queensway Secondary School and Anglo-Chinese School (International), Bukit Merah Secondary School, New Town Secondary School, Tanglin Trust School and Crescent Girls School.

Register for Early Preview for Margaret Ville

As mentioned by Mr Ong Kah Seng, director of property consultancy R’ST Research: He said that the Margaret Drive site could be sold at a high pricing and have a strong edge over its neighboring sites.

To find out more, do sign up for the showflat preview today!

Press Release: The Tapestry Condo

Press Release: The Tapestry Condo

The Tapestry is the latest development by CDL (City Developments Limited). Located along 86 Tampines Ave 10, Tampines (District 18), it is situated in an established HDB estate with plenty of new developments, including top shopping malls like Tampines One, and Park Facilities like Bedok Reservoir.

City Development Limited

The project is officially announced at the end of 2017 with indicative prices expected to be released after CNY 2018. For starters, one may refer to the following Tampines Masterplan by HDB to get an idea of the estate The Tapestry is developed in:

Tampines Master Plan - The Tapestry Condo

The Tapestry – Is Tampines An Ideal Location?

While Tampines is a matured estate, it has a wide variety of promising developments in the recent years. For example, residents can visit the nearby Tampines Hub, a huge facility that residents and people living within the vicinity will enjoy a variety of sports facilities, a brand new regional library, countless community club programmes and amenities, arts programmes and facilities, a hawker centre, retail shops and many more user-friendly features.

For shopaholics, the Condominium is nearby Tampines Mall and Tampines One – malls that offers every kind of store one could imagine, from bakeries with savory confections, to electronic stores selling the latest gadgets, and clothing stores showcasing the newest fashion trends.

The Tampines West MRT Station is newly constructed and offers a new convenience for transportation since it links residents to the Downtown Line. This means one can easily get to CBD and town. Other than that, the park connectors will be enhanced with a improved infrastructure in the cycling network.

To learn more about in-depth of the project location, do look at The Tapestry Singapore.

The Tapestry Project Details

Indicative Prices

Prices has not been released and is expected to launch after CNY 2018. Do take note that the intial prices are for easy reference as CDL will be doing a market comparative analysis to determine the competitive pricing for release.

However, you can be assured that the pricing will be investment-worthy based on the history of such developments.

Showflat Location:

The showflat location is tentatively located at Tampines Ave 10 St 86, based on the Tampines Land Parcel C. Register early to get access to the showflat viewing.

Sitemap & Amenities:

The sitemap has not been released. Do bookmark The Tapestry Project Details page to receive the latest updates, or sign up with our official team.

How To Get Early Preview to The Tapestry

Here’s the benefits to signing up for early preview:

  • Get first hand updates from developer
  • Get ebrochure and floor plan
  • Secure the VIP discounts *
  • Get updates on unit sold
  • Non-obligatory showroom preview by developer sales team*
  • Do preliminary assessment

Simply sign up for The Tapestry VVIP Preview here.

Press Release: Prices Announced for Parc Botannia

Press Release: Prices Announced for Parc Botannia

Parc Botannia Condo: Sing Holdings & Wee Hur

DEVELOPER TAKE ON THE PROSPECTS OF SENGKANG / FERNVALE.

With Parc Botannia and her surrounding development, Sengkang will have tangible investment appreciation by 2025. Being the newest neighborhood in Sengkang, Fernvale will be part of Sengkang’s seven sub-zones to be completed by the Housing and Development Board (HDB Singapore). This zone is expected to stretch from Punggol River to Jalan Kayu, and will be rewarded with an abundance of housing amenities. Needless to say, Jalan Kayu will be the main food street for delicacies and future prime area for coffeehouses and cafes.

DEVELOPER BIDS AND DEVELOPMENT

As Parc Botannia is situated at an ideal and convenient location, this intricate condominium was tendered by a total of 14 proposals. The highest bid was brought forward by Sing Holdings and Wee Hur Development of a total bid value of S$287.1 billion. The runner up was China’s Constructions proposal at S$287.98 billion. All in all, Sing Holdings and Wee Hur Development has a renowned name in Singapore and we can expect the development to have a positive

Other bidders included China Construction (South Pacific) Development, Allgreen Properties, MCL Land (Regency), and Treasure View. This joint development will create positive hype and excitement for the residents of Sengkang. Interested buyers can take note on the latest updates of dates so you can plan your viewing. (See Above for Important Dates and Events).

PARC BOTANNIA CONDO: TRUSTED DEVELOPERS HISTORY AND BACKGROUND

The Urban Redevelopment Authority (URA) launched Parc Botannia for tender at Fernvale Road on September 27th.

Wee Hur Holdings is one of the developers working on the Parc Botannia. They have been creating housing residences in Singapore since their establishment in 1980. After 28 years, the company was listed on Singapore’s Exchange Mainboard on January 2008.

Sing Development is the other joint project development company that won the public tender for this project. They have been around since 1964. With over 50 years of experience, they are well-rounded, dedicated, and trusted to successfully complete this project. Recent developments by Sing Development include residential projects such as the BelleRive in Bukit Timah area or Waterwoods project in Punggol.

Parc Botannia: More Information and All You Need To Know

Parc Botannia condo has not been fully constructed and will TOP in Dec 2020. At the Parc Botannia show flat location, prospects will be able to view a three-dimensional replica of the building, get answers to any questions, and get up-to-date information and prices for

Parc Botannia @ Fernvale road will hold around 735 residential units, 17,196.4m2, a maximum gross floor area of 51,590m2 and a period of 99 years leasehold. Parc Botannia floor plan will range from 1 bedroom for small spaces living, to a deluxe 5 bedroom for a bigger family. Learn more: https://parcbotannia-condo.com.sg

BCA Singapore announces phased roll out of new initiatives arising from review of 3rd Green Building Masterplan

BCA Singapore announces phased roll out of new initiatives arising from review of 3rd Green Building Masterplan

“A new set of criteria will be piloted for Green Mark for Existing Non-Residential Buildings, which includes smart building controls and strategies.”

The Building and Construction Authority (BCA) of Singapore has investigated its third Green Building Masterplan, which was discharged in 2014. New activities in view of the audit will be taken off in stages for upgrading the indoor condition quality for tenants, empowering high vitality proficient structures and greening existing structures and spaces.

The declaration was made by Mr. Desmond Lee, Minister for Social and Family Development, and Second Minister for National Development, at the opening of the Singapore Green Building Week (SGBW) 2017.

Refining the Green Mark Scheme

The BCA Green Mark was propelled in January 2005 as a measuring stick to rate the natural supportability of structures in the tropics and to invigorate the development of green structures in Singapore. It intends to set parameters and set up markers to manage the plan, development and activity of structures towards higher vitality proficiency and improved natural execution.

BCA started an exploration think about in 2014 in a joint effort with National University of Singapore (NUS) to examine Indoor Environmental Quality (IEQ) execution in BCA Green Mark structures in correlation with structures without the affirmation. The investigation found that, other than being more vitality productive, BCA Green Mark structures additionally give a more beneficial indoor condition to its inhabitants. The investigation watched that tenants in Green Mark structures were more happy with their indoor condition and were less inclined to encounter wiped out building syndrome[1] (SBS) indications.

The consequences of the examination will enable BCA to refine its criteria for future BCA Green Mark plans. The last form, Version 3, was executed in 2012.

To begin with, BCA will pilot another arrangement of criteria for the Green Mark for Existing Non-Residential Buildings (GM ENRB: 2017) plot for one year, which incorporate upgraded prerequisites for building proprietors to enhance the IEQ for its inhabitants and embrace brilliant control frameworks to work the structures.

Upgraded GM ENRB: 2017 (Image credit: BCA)

For example, savvy building controls and procedures are being presented in GM ENRB: 2017 in the territories of vitality checking, request control, and additionally incorporation and investigation. GM ENRB: 2017 additionally advances great practices, for example, the utilization of high-proficiency channels in air appropriation frameworks and changeless sensors to screen indoor air toxins, for example, formaldehyde and particulate issues.

Different features of GM ENRB: 2017 incorporate empowering sun oriented appropriation and granting credit focuses to structures for connecting with SGBC-licensed Energy Performance Contracting (EPC) firms to actualize vitality change works with a vitality execution contract, and support of chilled water cooling and air conveyance frameworks’ efficiencies through an execution based upkeep contract.

GM ENRB: 2017 additionally plans to empower building and office directors to gauge and comprehend the execution of their air dispersion frameworks and take activities to enhance or keep up the framework proficiency.

New Green Mark conspire in a joint effort with Health Promotion Board (HPB) being investigated

BCA is investigating with the HPB the advancement of another Green Mark plan to energize great outlines, for example, the arrangement of vitality productive lighting and office gear (the “equipment”) and in addition the improvement of work environment wellbeing related projects (the “product”) to support sound practices among office inhabitants.

The new plan expects to inspire organizations to consider the wellbeing and prosperity of their tenants when planning both inside fit-outs and arrangements of the workplaces, and the work environment wellbeing projects and strategies for the laborers. More subtle elements of the joint plan will be made accessible in mid-2018.

Revelation of vitality execution information of business structures

Since 2013, BCA has logically required business structures, medicinal services offices and instructive organizations to submit building data and vitality utilization information every year. The most recent discoveries demonstrate a 9% change in the general Energy Use Intensity (EUI; estimated in Kwh/m2.yr) of these structures in 2016 contrasted with 2008, with more critical change in the course of the most recent five years.

To enable building proprietors to know about their building’s vitality execution versus different structures of comparative kinds, this year BCA will uncover the vitality execution information of business structures, whose proprietors have willfully consented to freely unveil their structures’ information.

This will cover around seventy five percent of every business working in Singapore and is a take after on from a year ago’s round of anonymised revelation. Such information divulgence intends to empower building proprietors and offices administrators to deliberately receive financially savvy measures for their structures and furthermore with their inhabitants, to lessen the vitality impression of their structures. The vitality information is made accessible on BCA’s site and Singapore’s open information entrance, data.gov.sg. BCA will next approach medicinal services offices and instructive foundations to deliberately reveal their vitality execution information from 2018. It is trusted that more prominent straightforwardness of building vitality information will expand interest for green structures and its related administrations and make more market open doors both locally and territorially in territories, for example, vitality reviews and naturally feasible outline for green building firms.

The accessibility of building vitality execution information could likewise goad the examination group and organizations to consider approaches to propel green building arrangements in Singapore and the area.

Development Industry Transformation Map being worked on

The proceeded with development sought after for green building plan and advances has been distinguished as a key pattern in the Construction Industry Transformation Map (ITM[2]) which is at present being produced. To take care of the expanding demand for green structures, BCA has modified its objective to prepare 25,000 green building experts by 2025 (from the past focus of 20,000 by 2020). To date, around 16,000 experts, directors, administrators and specialists (PMETs) have been prepared by the Institutes of Higher Learning, BCA Academy and the business affiliations.

Improvement of the PE-ZE-SLEB Technology Roadmap

In 2016, BCA shared the yearning of accomplishing Positive Energy, Zero Energy and Super Low Energy Buildings (PE-ZE-SLEB) in Singapore. To look at the openings and difficulties of executing PE/ZE/SLEB, BCA set out on an examination on the PE-ZE-SLEB Technology Roadmap since 2016. This examination expects to outline pathways towards accomplishing PE-ZE-SLEB by means of advancement, showing and utilization of innovations, with an attention on financially savvy and implementable arrangements.

A consultative approach has been embraced with different industry meeting sessions, partners’ roundtable workshops and overviews. The investigation was directed in a joint effort with examine organizations NTU-ERI@N (Nanyang Technological University-Energy Research Institute) and NUSSERIS (National University of Singapore-Solar Energy Research Institute of Singapore) and industry accomplices, with financing support from the Green Buildings Innovation Cluster (GBIC) and National Research Foundation (NRF). BCA wants to look for additionally remarks from the neighborhood and abroad specialists at the IGBC-Roundtable Discussion Workshop.