Kingsgrove

Kingsgrove is a freehold condominium completed in 1992. The development occupies a land area of 3,965 sqm and a Gross Floor Area of 5,551 sqm. It consists of 32 units. According to records, buyers of this development are Singaporean 87.2%, PR 7.7%, Foreigner 5.1%, Company 0.0%.

KINGSGROVE is located along Ang Mo Kio Avenue 1 in Serangoon, in District 20. It is accessible through the nearest MRTs including Lorong Chuan CC14 and Bishan CC15, NS17.

Based on transaction data in the last 12 months, sale prices range from S$ 1,200 psf to S$ 1,200 psf at an average of S$ 1,200 psf. Its highest recorded transaction was S$ 1,200 psf in Aug 2022 for a 1,259-sqft unit. Its lowest recorded transaction was S$ 379 psf in Sep 2004 for a 1,582-sqft unit. Its current rental yield is at 2.9%.

Buyers and tenants are attracted to District 20, which is comprised of Bishan and Ang Mo Kio. Bishan is home to three prestigious schools, including Raffles Institution, Raffles Girls' School and Catholic High School. It appeals as one of the most expensive HDB towns in Singapore due to its close proximity to the Central Business District and good accessibility via public transportation, with connections to both North-South Line and Circle Line. Bishan is known for its distinguishing sloped roofs found on many of the HDB Blocks. Ang Mo Kio is designated as Singapore's first walking and cycling town as part of the Singapore government's efforts to build a car-lite country. Shopping and dining options are available at AMK Hub, a suburban mall located in the heart of Ang Mo Kio. The mall is connected to Ang Mo Kio Bus Interchange, which is linked to Ang Mo Kio MRT station via an underpass.

The North-East Region is the second largest and most densely populated of the five regions in Singapore, with Sengkang being its most populous town. Spanning 13,810ha, the North-East Region is mainly a residential region and housing estate largely comprised of HDB flats. In addition to a myriad of amenities including hospitals, parks, schools and transport options, the region is also home to a few tourist attractions such as Pulau Ubin and Coney Island. Seletar Aerospace Park, which comprises of several aviation manufacturing and research facilities by companies such Rolls-Royce and Singapore Technologies Aerospace, provide employment opportunities to residents both within and beyond the region. Sengkang General Hospital, a 1000-bed hospital, is the largest in the region and is built to further the government's efforts to provide quality and accessible healthcare to all Singaporeans.