Affinity At Serangoon
The Affinity Condominium is a new development with an outstanding design
Latest update
Latest News
Straits Times – 112 Phase I units at Affinity at Serangoon sold
Latest Transaction
11/Jun 2018 – #04-27 Sold
11/Jun 2018 – #09-74 Available
11/Jun 2018 – #02-71 Available
11/Jun 2018 – #09-60 Available
11/Jun 2018 – #03-44 Available
11/Jun 2018 – #12-65 Sold
11/Jun 2018 – #07-60 Sold
10/Jun 2018 – #09-03 Sold
10/Jun 2018 – #03-03 Available
10/Jun 2018 – #07-74 Available
10/Jun 2018 – #08-71 Available
10/Jun 2018 – #03-03 Sold
10/Jun 2018 – #09-42 Sold
Introduction
Its functionality and beauty is certainly going to rock the real estate market, which has been steadily growing in Singapore since 2016.
April was a success in real estate terms, as the prices went up for resale, and the same is expected for May.
In fact, investment sales might hit a record in 2018. This means that this year is an incredible time for investing in properties.
At this moment there is no better investment than the Affinity Condominium, which has the advantage of being a new project.
Affinity at Serangoon located in District 19 in Singapore; it is a very new property with incredible potential to be the best condo ever made.
| Project Name | Affinity at Serangoon |
| Developer | OXLEY SERANGOON PTE LTD |
| Location/Address | 10 – 64 Serangoon North Avenue 1 |
| Tenure of Land | 99 years leasehold from 18 May 2018 |
| Site Area | 27,583.90 m2 |
| Expected Vacant Possession |
Vacant Possession: 31 Dec 2024 Legal Completion: 31 Dec 2027 |
| Plot Ratio | 2.8 |
| Description of building |
PROPOSED RESIDENTIAL DEVELOPMENT COMPRISING 7 BLOCKS OF 14 STOREY APARTMENTS, 2 BLOCKS OF 3 STOREY STRATA-LANDED HOUSES WITH BASEMENT AND 1 BLOCK OF 2 STOREY STRATA-LANDED HOUSES WITH BASEMENT (TOTAL 1052 UNITS) WITH 5 COMMERCIAL SHOPS AT 1ST STOREY, 2 BASEMENT CAR PARKS, SWIMMING POOLS AND ANCILLARY FACILITIES ON LOT MK 18-10733V AT SERANGOON NORTH AVENUE 1 (SERANGOON PLANNING AREA) |
| Facilities | Clubhouse, Pavilion, Gym, Aqua Gym, 50m lap pool, Wading pool, Family Pool, Sanctuary pool, BBQ , Dinning pavilion, Pool deck. Tennis court, Fitness corner, Bicycle parking, Retail shop, |
| Number of Lifts | 2 lifts per tower (total 14 lift), 1 lift to bus stop, 1 lift at clubhouse. |
| Est Maintenance Fee | TBC |
| Architect | DP Architects Pte Ltd |
| Landscape | Ecoplan Asia Pte Ltd |
| M&E | Rankine&Hill (Singapore) Pte Ltd |
| C&E Engineer | KCL Consultants Pte Ltd |
| Quantity Surveyor | Davis Langdon KPK |
| Main Contractor | Lian Beng Construction Ltd |
| Conveyancing Solicitor | Rajah & Tann |
| Showflat ID | Sumisura Asia & Index Design |
Units
Years
Starting PSF
HOTLINE
Expected TOP
Starting Price
Starting Size (sqft)
SMS / WHATSAPP
Being a new project, Affinity Condo has the advantage of the “anticipation” which means that since people anticipates it to be great it has to live up to the expectations, which makes the developers put extra effort in the property which in turn generates incredible results.
Affinity at Serangoon TOP date is estimated to be on the final quarter of 2024 when the project is finished.
Affinity At Serangoon is regarded as a mega development and it offers numerous high quality facilities to its residents, many of which are compared to resort facilities.
Affinity showflat target preview will be open at the end of May 2018. Affinity showflat address location is yet to be revealed, so be patient.
Affinity offers good mix of one bedroom apartments and four bedrooms apartments with study are available within the development, which means that there is a lot of variety and room for any type of family.
The newly completed Greenwich V, a brand new retail destination providing fresh shopping and eating alternatives. Affinity at Serangoon Condo has easy access to numerous most important parks in other north-eastern thru the prevailing park connectors, inclusive of Bishan- Ang Mo Kio park thru Ang Mo Kio avenue 5.
The Cheapest Condos In Singapore
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Compelling Reasons To Invest On The Affinity Project Right Now.
You could also invest in the upcoming Punggol Digital District, an opportunity to invest in Digital Technology and development
As you can observe, Affinity’s district 19 has great room for growth, which means that your investment will multiply over time if you invest in this area.
Another aspect that can boost your investment is the convenience, as the residents of Affinity will have access to several MRT stations such as Kovan, Serangoon and Loron Chuang MRT stations, making transportation easier for the homeowners.
Affinity is also close (20 minutes drive) to the Central Business District, City Centre and Orchard Shopping Belt and its residents will have easy access to the rest of the Island because Affinity at Serangoon is connected to the Central Expressway.
Not only Affinity has shopping Centres all around, it also has a huge selection of restaurants and food courts for you to choose from such as Serangoon Garden Market and Food Centre and Serangoon Gardens Country club, as well as a variety of cafés and bakeries.
Because of everything that the district Affinity is located in has to offer, the chance of having a great return on investment is huge.
Plans for the future
Government’s plan
The biggest government infrastructure initiative in the area in the coming years will be the Cross Island Line that will finished by 2030.
Since it’s very likely that there will be a station in the vicinity, the residents of The Affinity will be able to benefit from increased convenience and accessibility to various parts of the island.
As the area is located between the Northern part of Singapore and the CBD, tenant demand is likely to come from those working both in the North and in the CBD.
In addition, the Punggol area which will be transformed into a digital district may offer some contribution in the form of tenant demand.
But Affinity at Serangoon doesn’t depend only on its districts features. Affinity also has a variety of reasons why you should invest on it as a property.
First of all most units are North-South facing, which means that you or your client won’t be bothered by the morning or afternoon sun shining directly at your window.
This makes the units more attractive to rent as the afternoon sun is often a deterrent agent for the people wanting to rent the apartment.
Affinity also offers an incredible panoramic unblocked landed view for majority of the units, making the views more enjoyable as they are uninterrupted.
Everyone knows that the views of an apartment help sell a lot, meaning that this is a huge asset for the Affinity Project.
The List of Overseas Property Investment
Do you know that the downpayment for the cheapest unit in Singapore could possibilly get you a fully paid unit in Thailand, Bangkok or Vietnam?
Allowing you to start receiving Full Passive Rental Incomewith 0 Monthly Instalment and ABSD.
On top of that, the capital appreciation are usually muchfaster due to the low quantum!
Affinity at Serangoon: Located for Maximum Convenience
The project has a Large Land size – 1012 units & 40 exclusive strata landed houses including 5 retail shops within the development for added convenience.
Affinity at Serangoon is being developed by a joint venture of Oxley Holdings, SLB Development Limited, Apricot capital and KSH holdings, all great enterprises in the real estate area.
The project is located near numerous amenities such as NEX, myVillage, Serangoon Gardens Market, Chomp Chomp, SRCC, Serangoon Central, Serangoon Community park etc.
It is also within 1km to Rosyth Primary School and Zhonghua Primary School and near to international schools such as Lycee Fracais Singapore and Australian International School.
Affinity’s location also offers good connectivity via major expressways and public transport as well as a 1 year free shuttle bus service to Serangoon MRT Station.
Condos That Are Near To Popular Schools
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Affinity’s Attractive Amenities, Comfort at its best
Every luxury complex should offer a great array of amenities in various areas such as healthcare, transport, education and outdoor activities in order to be considered a great property.
The more amenities a property has, the more comfortable it is considered. Affinity at Serangoon offers several amenities in each and every single one of these areas.
Transport Of Affinity at Serangoon
With so many services, there should be no problem moving around various areas of the island using public bus.
In addition to the bus, there may be a MRT station on the Cross Island Line in the vicinity.
Once this MRT is finished, residents in The Affinity Condo will have an easier time moving from one side to the other, as they do not need to travel to the other MRT stations such as Kovan, Hougang and Ang Mo Kio which are slightly further.
There’s also an exit to the Central Expressway (CTE) which is only a short drive away.
From there, it will be an approximately 10 min drive either way to town or north towards woodlands.
Education Facilities
For example, within 1km from Affinity you have Rosyth School and Zhonghua Primary.
Within 2km from the project you have, CHIJ Our Lady of Good Counsel, Hougang Primary, Montfort Junior, Xinghua Primary, Xinmin Primary, Yangzheng Primary, Yio Chu Kang Primary
Other schools located nearby but not necessarily within 2km are the following.
The secondary schools near Affinity are Serangoon Garden Secondary, Bowen Seconday, Xinmin Secondary School and Peicai Secondary
As we said, the schools vary from primary all the way to the highest education, so Serangoon Junior College is also close to Affinity.
Australian International School is also present representing the international schools. As you can see you have it all, primary, secondary, college or international, you can find it close to the Affinity project.
Condos That Are Near to MRT Stations
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Downloading this PDF will allow you to get a detailed list of the best condos located at walking distance from MRT stations, this will help you save time both when searching for a condo and when you live in it.
Shopping, entertainment, food, drinks etc.
Affinity at Serangoon is close to several shopping centres such as Heartland Mall at Kovan, Hougang Mall, NEX at Serangoon, Junction 8 at Bishan and Ang Mo Kio Hub.
You can shop at a different place each day of the week; the variety of amenities offered in the Affinity area is incredible.
Also Read: Buying your Second Property in Singapore
Outdoor fitness Amenities
Nearby sports and outdoor amenities include the Bishan Ang Mo Kio Park, Bishan Stadium, Serangoon stadium and Hougang sports complex.
Affinity at Serangoon Site Map, Incredible Location for an Incredible Customer
The site plan map indicated that the total covered area of the property equals 296,913 sq ft, which is placed on a triangular shaped land piece.
The Affinity Project will consist of 1012 units, 40 units of strata landed house and 5 commercial units, all carefully placed around the triangular shaped land to provide the perfect harmony and spacing between the buildings.
Affinity at Serangoon Unit mix
| Unit Type | Est Size Range (sqft) | Total units |
| 1 Bedroom | 474-560 | 186 |
| 1+1 Bedroom | 538-689 | 202 |
| 2 Bedroom | 635 | 7 |
| 2 Bedroom + 1 | 624 | 91 |
| 2 Bedroom Premium | 753-775 | 28 |
| 2 Bedroom + 1 Premium | 732-775 | 112 |
| 3 Bedroom | 850-1012 | 170 |
| 3 Bedroom Deluxe | 1152-1259 | 109 |
| 3 Bedroom Premium | 1076-1249 | 55 |
| 4 Bedroom +1 | 1410-1711 | 42 |
| 4 Bedroom Penthouse | 1582-1722 | 5 |
| 4 Bedroom +1 Penthouse | 1550 | 5 |
| Strata landed – 4 Bedroom | 2067-2088 | 13 |
| Strata landed – 5 Bedroom | 2303-2357 | 27 |
| Total | 1052 |
Affinity Condo’s floor plans, beauty drawn on paper
Knowing what exactly you are buying, whether it is completed or under construction is incredibly important when making the decision.
The floor plans of Affinity of Serangoon might come handy for when you try to study the project as it offers very detailed information about each apartment.
Every drawing of each apartment with detailed info can be located at the Affinity at Serangoon floor plan PDF.
1 Bedroom + Study
1 Bedroom + Study
1 Bedroom
2 Bedroom + Study
2 Bedroom
2 Bedroom Premium + Study
3 Bedroom
3 Bedroom Deluxe
3 Bedroom Premium
4 Bedroom
4 Bedroom Premium + Study
4 Bedroom
5 Bedroom
Comprehensive List of Penthouse in Singapore
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Affinity at Serangoon Mastermind Developers
Oxley is a homegrown property developer and is principally engaged in the business of property development and property investment, with an overseas presence across eight geographical markets.
This developer has a diversified portfolio with property development projects in Singapore, the UK, Cambodia, Malaysia, Ireland, Indonesia and China and investment projects in Singapore, Cambodia, Malaysia and Japan.
They also provide project management and consultancy services in Myanmar as a way to diversify.
Oxley’s property development portfolio includes quality residential, commercial and industrial projects incorporated with retail elements and lifestyle features and facilities.
Their projects are mostly located in choice areas that are easily accessible.
In 2013, Oxley expanded its property development portfolio into other countries through partnerships with reputable developers and business partners.
Oxley’s balanced portfolio of investment properties comprises industrial, hospitality and commercial properties.
Oxley Holdings Limited (“Oxley” or “the Group”) is a home-grown Singaporean property developer. Oxley is principally engaged in the business of property development and property investment. Since its inception, the Group’s accelerated growth has resulted in a burgeoning presence both locally and overseas. It now has a presence across twelve geographical markets.
Lian Beng Group
Lian Beng Group established in 1973, is one of Singapore’s major home-grown building construction groups with integrated civil engineering and construction support service capabilities.
They are principally involved in the construction of residential, industrial and commercial projects, and civil engineering projects as a main contractor.
Lian Beng’s status with the Building and Construction Authority (BCA) as an A1 grade contractor in General Building enables it to tender for public sector building projects of unlimited contract value, while its A2 grade in Civil Engineering allows it to handle engineering projects of up to $85 million in contract value.
Through its years of experience and solid track record, Lian Beng has also established for itself a solid reputation for its ability to handle large-scale and complex projects.
Lian Beng Group also engages in other construction related activities.
These include the provision scaffolding and engineering services, supply of ready-mix concrete, leasing of equipment and machinery, reinforcement bar fabrication and training of foreign construction labor.
KSH Holdings Limited
KSH Holdings Limited is a well-established Construction, Property Development and Property Investment group that was incorporated in 1979 and has been listed on the Mainboard of the SGX-ST since February 8, 2007.
KSH is also an A1-graded contractor under BCA CW01, with the ability to tender for Public Sector Construction projects of unlimited value, and is a main contractor for both the public and private sectors in Singapore.
KSH Holdings also has an A2 grade under BCA’s CW02 category for civil engineering, allowing them to develop Public Sector projects for values of up to $85 million.
KSH has an established track record of handling construction projects across a broad spectrum of industries, and its projects have performed well in CONQUAS, a standard assessment system on the quality of building projects.
KSH has won several BCA Construction Excellence Awards including that for Fullerton Bay Hotel and NUS University Town’s Education Resource Centre in 2013 and Madison Residences in 2014.
Through strategic alliances and joint ventures, KSH’s property development and investment presence spans across various real estate sectors including residential, commercial, hospitality, and mixed-use developments.
Apart from having successfully executed residential and mixed-use development projects in Singapore and China it has jointly acquired properties in other geographies including the United Kingdom, Australia, Malaysia and Japan.
Apricot Capital
Apricot Capital is a seed stage investment firm based in Boston and Toronto.
Apricot was founded in 2010 by partners Peter Wernau and Jennifer Lum; colleagues of many years interested in investing in smart entrepreneurs and sharing their combined financial and operational expertise.
Apricot invests in early-stage technology companies in the US and Canada, some part in Asia.
| Type | Size (sqft) | Nett Price | PSF |
| 1 Bedroom | 474 | $700,000 | $1,477 |
| 1 Bedroom + S | 614 | $917,000 | $1,493 |
| 2 Br+S | 624 | $878,000 | $1,407 |
| 2P | 753 | $1,137,000 | $1,510 |
| 2P+S | 732 | $1,128,000 | $1,541 |
| 3BR | 904 | $1,394,000 | $1,542 |
| 3BRP | 1076 | $1,574,000 | $1,463 |
Easy Payment Schedule Of Affinity Condo
Payment schedule for The Clement Canopy is as follows:
Booking the property & Signing of Sale and Purchase Agreement
Afrer booking
you will have to pay a 5%booking fee (Cash/ Cheque) and the Option to Purchase (OTP) will be granted.
The “Developer” will then mail the Sale and Purchase (S&P) Agreement to your banker’s solicitor or to you.
3 weeks
After receiving the S&P you will have to check the date in it as you will be given only 3 weeks from that date to proceed with the S&P.
Within 8 weeks
from the day the option money is paid, you will have to pay the remaining 15%.
You can use your CPF to pay for this and any remaining shortfall will be paid for by Cash.
It is very important that you understand and write down this schedule especially if your CPF does not have enough to cover the amount needed to prepare the necessary Cash if it’s necessary to pay a shortfall
Sales Completion Date
Also you should remember that this amount will depend on your LTV (Loan To Value), e.g. if your LTV is 70% then the balance amount to be paid is 25%, 15% to be paid on exercising day, balance 10% will be paid by progressive stages
(Example foundation work completed).
Stamp Duty (3% less $5,400, Cash/CPF outlay) | Additional Stamp Duty (% of the Purchase Price)
Stamp Duty
Within 14 days of signing the S&P agreement (or within 30 days if the agreement is signed overseas), you will have to pay the Stamp Duty (3%) / Additional Stamp Duty (5% – 15%) (Cash/CPF outlay) to IRAS (Inland Revenue Authority of Singapore).
Progress Payments using Housing Loan
From this point onwards, you can start using funds from your housing loan, which can be up to 80% of the purchase price.
The tenure of the loan can be up to 30 years, depending on your age. You will have to make payments as follows:
- 10% upon completion of foundation work (Estimated 6-9 months later from work commencement)
- 10% upon completion of reinforced concrete framework of unit (Estimated 6-9 months later)
- 5% upon completion of brick walls of unit (Estimated 3-6 months later)
- 5% upon completion of roofing and ceiling of unit (Estimated 3-6 months later)
- 5% upon completion of electrical wiring (without fittings), internal plastering, plumbing and installation of doors and window frames of unit (Estimated 3-6 months later)
- 5% upon completion of completion of car park, roads and drains serving the housing project (To be advised)
- 25% upon receiving Notice of Vacant Possession and Temporary Occupation Permit (TOP), and the last 15% upon Completion Date, when you receive your CSC (To be advised).
The Clement Canopy will certainly be one of the most beautifully designed properties in Singapore, featuring incredible looks and environmentally friendly functionality as well as an advantageous location and proximity to transport.
On top of that we can add the caliber of its developers UOL and SingLand which will certainly make sure that the property is as high end as it needs to be to have a place inside their impressive portfolios.
When Clement Canopy is finished it will most likely be a candidate to win an award for design and sustainability as well as for having zero negative impact in its constructions zone, which in turn will increase its market value and help smart investors secure their profit.
Also read: Property Taxes in Singapore
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Affinity at Serangoon Gallery
