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Serangoon Ville put up for collective sale
Owners of the former HUDC estate expect offers ranging from S$400 million to S$430 million
Published Wed, Jun 21, 2017 · 09:50 PM
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.
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