Former HUDC estate Serangoon Ville sold for almost S$500 million in en bloc deal

Serangoon Ville a former HUDC estate privatised and sold to a consortium led by Oxley Holdings for a whopping $499 million under a collective sales tender program. The selling price was way above the initial asking between $400 million to $430 million targeted when the development was put up for sales last month.

Serangoon Ville is the latest addition to mark the sixth successful collective sales to the daily most discussed hot topic of the property market showing signs of bottoming out right from the beginning of the year. Total of 244 apartments and mansionettes of unit size ranging from 1625sqft to 1733sqft, owners are elated to pocket a handsome profit of about $2 million each (estimated), higher than the $1.6 million to $1.7 million expected.

Source : Straits Time

One Draycott – Bespoke Luxury


🌞 A Bespoke Luxury is Launching Soon in the Ardmore-Draycott Neighbourhood! 🌞⠀

One of the most Prestigious Address In Singapore⠀

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👉 Showflat opens for Preview from 15th June 2018⠀

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Twin Vew West Coast Vale

Twin Vew West Coast Vale by China Construction Development

New Launch – Twin Vew West Coast Vale 全新发行楼盘位于西海岸景

Direct Developer Sales Hotline 9222 2204 指定行销经纪热线请拨 9222 2204

Twin Vew at West Coast Vale, Twin Vew is strategically located next to the 2nd business district Jurong Lake District. With high speed rail announced completion and in operation by 2026 situated at the current Jurong country club. With the initial infrastructure beginning to fall in place with the current and five crowd drawing huge shopping malls JEM, Westgate, Jcube, IMM, Big Box.

Multiple MNC and Government bodies are filling up the office space at Westgate, JEM and The Vision (which just obtained T.O.P). Ng Teng Fong General Hospital is a 700 bed hospital located in Jurong East (Named after singapore entrepreneur, Ng Teng Fong. Together with the adjoining Jurong Community Hospital to form part of the integrated development.

Jurong Lake Garden slated for completion in phases starting from 2018. Envisioned to be Singapore third national park and is the first of its kind to be destinated in the heartlands. Exciting leisure and recreation destination which includes water play, lawn, pavilion, water sport facility, nature themed play area, community hub, boardwalk, wetland trail, heron island, nature trail etc.

Twin Vew residents can expect future Jurong Region Line for shorter traveling time to other parts of the island for work or schools. The 20KM Jurong Region Line (JRL) will connect to the existing rail network and expected completion by 2025.

For more latest new launches details – or simply contact 9222 2204 (Direct Sales Hotline)

Normanton Park sold en bloc sales for $830.1m – today

In a rare but quite expected en bloc sale went through yesterday 5th October 2017, Kingsford Huray Development is the highest bidder at $830.1 million for Normanton Park estate near Kent Ridge park.

Normanton Park 488 units sold $830.1m
Normanton Park 488 units sold $830.1m

Each owner at the 488-unit stands to profit between $1.68million to $1.86million. The land bid price translates to about $969 per square foot per plot ratio. 
Read more Here 

The Asteria En Bloc Sale sold for $27.1m – EdgeProp

Adding on the recently red hot en bloc sales, The Asteria is the latest freehold development sold for a price tag of $27.1million to a buyer who is believed to be a Singaporean. 

The Asteria Freehold District 15
The Asteria Freehold District 15

The Asteria Freehold District 15 The Asteria Freehold District 15 The Asteria is conveniently located opposite CHIJ katong primary school and Tao Nan school. With a total of only 23 units, this boutique condominium was owned by a investor holding the units for rental income. 

Read more Here