Haus@Serangoon Garden seeing strong demand from buyers

The newly-launched Haus @ Serangoon Garden has seen strong interest from buyers during its weekend preview, with 70 percent or 28 of the 40 units released in Phase One already sold.

A joint venture (JV) between City Developments Limited (CDL) and Hong Realty, the development comprises 97 luxurious and spacious two-storey terraces that come with a basement and attic.

Prices start from S$2.4 million for a 1,615 sq ft intermediate terrace and S$2.8 million for a 2,284 sq ft corner terrace.

Buyers at the preview were mainly professionals with 40 percent currently living within the area.

In a statement, CDL said it expects Haus@Serangoon Garden to attract buyers “who value the centricity and prestige of living in charming Serangoon Gardens”.

“Landed housing space is becoming increasingly scarce; even more so in mature estates such as the popular Serangoon Gardens residential enclave,” said Chia Ngiang Hong, Group General Manager at CDL.

The developer added that Haus@Serangoon Garden is an ideal property due to its location and convenience, as well as branded interiors which appeals to different lifestyles.

Source PropertyGuru – 2012 Jul 18


CDL, Hong Realty launch Haus@Serangoon Garden

City Developments Limited (CDL) and its joint venture partner Hong Realty Private Limited have jointly unveiled their latest development, Haus@Serangoon Garden, over the weekend.

Located at Serangoon Gardens, the estate will house a total of 97 terraced houses, including 18 corner and 79 intermediate.

Prices start from S$2.4 million for a 1,615-square foot land intermediate unit, and S$2.8 million for a 2,284-square foot land corner unit.

At the weekend preview, 28 out of 40 units launched in Phase I were sold.

In a statement issued on Tuesday, the developers said the profile of buyers comprised mainly professionals, with 75 per cent were aged 45 and above, while the rest were in their mid thirties to forties. About 40 per cent of the buyers already reside in the vicinity presently.

Haus@Serangoon Garden is the first landed housing estate in Singapore to win the Building and Construction Authority Green Mark Platinum award.

Designed with environmental sustainability as a key consideration, home owners stand to achieve up to 40 per cent utility savings for each typical terrace house.

Source CNA – 2012 Jul 17