The Garden Residences

1 Serangoon North View Hougang / Punggol / Sengkang (D19)See on Map

14 mins (1.2 km) from CR9 Serangoon North MRT
Condominium

S$ 799,999

Est. Repayment S$ 2,864 / mo
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1 bed

1 bath

452 sqft

S$ 1,770 psf


About this property

New private nature-themed utopia at Serangoon Gardens near Central

1 bedroom recently TOP'ed (2021) with additional renovations. Attractive entry point with room for future appreciation for a second buyer since launch. Ideal for both investment and residence for singles, couples, young families and retirees

*Last offer received - $780k*
UOB bank value - $800k

- Move in condition + as good as a new launch + additional renovations done by the owner
- Majestic landscape heavily adorned with over 100 different species of trees and plants
- 55 facilities that indulges all kinds of lifestyles - including a 75m swimming pool, a tennis court, dining pavilions, full service clubhouse
- 8th floor unit, an auspicious number in Chinese culture and Feng Shui
- Developed by Keppel Land (Temasek-linked) and Wing Tai, marquee blue chip names
- Well connected to public transport, malls, greeneries, vibrant Retail and F&B scene in Serangoon Gardens Village (via private back gate), Serangoon North Avenue, Serangoon Hub, and Kovan Heartland Mall
- Direct access to Serangoon Integrated Transport Hub via free shuttle
- Upcoming MRT station Serangoon North, new Cross Island Line, within walking distance, expected to launch 2030, set to unlock future convenience and valuations
- Well connected centrally to major expressways (CTE and PIE) for a short trip downtown in 20 minutes
- Well positioned to benefit from government initiatives in the north-east while nestled close to the city fringes
- Attractive valuations for a second buyer to enter. Recent 99 year 1 bedroom units in the OCR have crossed the >$1.1m, $21xx psf thresholds
- High rental yield and strong tenant pool - this particular unit has achieved a historical yield of ~4.6%, >1.5% premium to current interest rates

Duplicate listings - Nigel Kong, Propnex
Other Agents are entitled a cobroking incentive split

Please reach out to Ernest Teng @ 9***** for a viewing and personalized assessment

Ernest Teng, CAIA
Chartered Alternative Investment Analyst
First Class Honours, NUS

More details

Property Type
Condominium For Sale
Floor Size
452 sqft
Furnishing
Partially Furnished
Floor Level
Middle Floor
PSF
S$ 1,769.91 psf
Currently Tenanted
No
Developer
Gardens Development Pte. Ltd.
TOP
Aug 2021
Total Units
613
Tenure
99-year Leasehold
Listed On
8 Apr 2024
Listing ID
24650513
Amenities
Barbeque Pits
Children's Playground
Clubhouse
Gymnasium room
Jacuzzi
Launderette
Lounge
Multi-Storey Car Park

About the location

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2 Stations nearby

CR9 Serangoon North MRT

Future Line14 mins (1.2 km)

CR10 Tavistock MRT

Future Line15 mins (1.2 km)

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Frequently Asked Questions

The sale price of this unit at The Garden Residences is S$ 799,999.
Current PSF at The Garden Residences is about S$ 1,769.91 psf.
The estimated loan repayment is S$ 2,864 / mo.
The Garden Residences is located at 1 Serangoon North View Hougang / Punggol / Sengkang Serangoon / Thomson (D19-20).
Floor size of this unit at The Garden Residences is 452 sqft.