Serangoon Ville put up for collective sale

Singapore

SERANGOON Ville, a former HUDC estate at Serangoon Avenue North, has been launched for collective sale, with the owners expecting offers in the range of S$400 million to S$430 million. This joins the spate of properties being put up for sale this year, spurred by a revival in the en bloc market.

The 244-unit Serangoon Ville sits on a land area of 296,913 sq ft with a plot ratio of 2.8. Each unit is expected to receive sale proceeds ranging from S$1.6 million to S$1.7 million from the collective sale. Serangoon Ville has 69 years left on its lease.