If you are looking for a new home, you might be wondering how to get one of the enbloc units at Kensington Park Condominium. Here’s what you need to know about this upcoming enbloc sale. First of all, you need to know how Lumina Grand EC much it will cost you to purchase a unit. You’ll need to know how much the Reserve price will be, as well as the Land rate.
The sale of units at Kensington Park condominium, in Serangoon, is underway. The property has been put up for collective sale with a guide price of S$1.28 billion. This price is inclusive of the land betterment charge of S$209.8 million. The development charge of $232.1 million is also included in the guide price.
The project is located in the Serangoon Gardens landed estate, which has a good supply of land for future development. This area is suitable for large-scale growth, and the development of Kensington Park could yield more than 1,000 units. Its tender closes on July 7 at 3 pm.
The site is zoned for residential use and has a gross plot ratio of 2.1. This property has unobstructed views of the Serangoon Garden. It is close to several schools, including the Serangoon Garden Secondary School and the LYCEE FRANCAIS.
Location is key for this condo enbloc. It is just one stop from the Serangoon North MRT station, and is close to a host of amenities. It is located in a quiet residential enclave, with only 316 units. Kensington Park is also the nearest condo development to the Serangoon Garden Secondary school, which is located just next door. There is plenty of shopping and F&B options nearby.
This strata-landed estate is a good location for this enbloc, as it is near popular schools and food centres. It is also within a landed estate, so it may appeal to homebuyers looking for a more convenient lifestyle. The sales tender for this property will be held on July 7, 2022, and will close at 3 pm on that date. The estimated selling price of this condo is S$1.28 billion.
The price of a unit in the enbloc sale of the Kensington Park Serangoon condominium is currently S$1,444 psf. The price is inclusive of a 7% bonus GFA for balconies.
The Kensington Park Serangoon condominium is now available for en bloc sale through a public tender. It has been re-launched with an updated guide price of S$1.28 billion. This includes the land betterment charge of S$209.8 million and a 7% bonus GFA for balconies. The land rate is roughly S$1,444 per square foot per plot ratio.
The development is almost 40 years old and is located in district 11 near Serangoon Gardens. It has 316 units spread across 491,012 square feet. It is also a landed estate with ample F&B options. The development is near Serangoon Garden Country Club and Serangoon Garden Circus.
Developers are highly attracted to this area. Close to Parkway Parade and i12 Katong, this sector has good connectivity. It is also close to schools such as Tao Nan Primary School and Dunman High School.