Affinity at Serangoon: High-quality condo close to Serangoon Gardens

The 1,052-unit Affinity offers one- to four-bedroom units, penthouses, and two-storey strata townhouses (Pictures: Albert Chua/EdgeProp Singapore)
Offering upmarket homes for existing residents in the Serangoon area, as well as for buyers who aspire to live near the Serangoon Gardens landed housing estate, Affinity at Serangoon looks set to raise the overall desirability of the neighbourhood.
Its resort-like aesthetics and architecture complement the neighbouring landed estates, while its high-quality homes and wide selection of units complement the landed homes.
The 1,052-unit Affinity is developed by a consortium of local developers led by Oxley Holdings, and which includes KSH Holdings, SLB Development, and Apricot Capital.
Affinity is one of the newest private residential projects that are being offered in the area, and is a redevelopment of the former HUDC estate, Serangoon Ville. The Oxley-led consortium bought the 99-year leasehold site for $499 million ($835 psf per plot ratio) in July 2017 in an en bloc deal.

Upmarket offering

Affinity offers 1,002 apartments comprising one- to four-bedroom units of 474 to 1,711 sq ft, in addition to 10 penthouses of 1,550 to 1,701 sq ft. It also boasts 40 townhouses of 2,056 to 2,347 sq ft.
A variety of two-bedroom units are available, including premium units of 732 to 775 sq ft
The project saw a successful sales launch last June and sold 76 units over its first week of sales, and recorded an average selling price of $1,565 psf, according to caveats lodged with URA Realis. These included two townhouses of 2,067 sq ft which fetched $2.39 million ($1,155 psf) and $2.33 million ($1,127 psf).
Today, according to caveats, the project has sold 563 units (or more than 53% of units). It has achieved an average selling price of $1,490 psf for its condo units, and an average of $1,486 psf for its 15 townhouses. “Affinity at Serangoon is a well-thought-out development, with good architecture, layouts and facilities. With efficient layouts, units are spacious and buyers are paying for spaces that they can enjoy,”...