TWO property launches in Serangoon over the weekend garnered good response, testament to the still-improving sentiments in the residential property market, despite the fact that both projects were located just couple of hundred metres apart from each other. Affinity at Serangoon by Oxley Holdings, to be constructed on the former HUDC estate Serangoon Ville site, sold 112 units out of the 300 that were launched in its phase one. Oxley’s director of marketing and sales Eugene Lim said that the transacted units were spread evenly across various configurations – from one-bedders to four-bedders-plus-study apartments.

AFFINITY at Serangoon, a development by a consortium led by mainboard-listed Oxley Holdings, sold 112 of the 300 units offered in Phase I over its official launch weekend on June 2-3. They were sold at an average price of S$1,575 per square foot (psf), the developer said on Monday. Affinity is a 99-year leasehold development comprising