Serangoon Gardens is one of the most popular landed enclaves in Singapore. So when I learned about Haus@Serangoon Gardens, a 99-year leasehold, 97-unit residential enclave on a 28,402 sqm plot of land, where you can get a new landed house for about $3 million, I thought it’d be an interesting addition to this landed tour series.
Note: According to the data on SRX, there were 12 sales here last year at $2 million+ (about 1,600 sq ft plot size) and 3 sales of slightly bigger units (around 2,000 sq ft) at a little over $3 million. No sales in 2022 so far apparently, though there were 2 houses rented out at $6,200- $6,500. The listings online show that you can get a freehold terrace house in Serangoon Gardens for $3.85- $5.28 million. However, the $3.85 million property is in original condition and would need major A+A (as per the listing.) Hence, for those who don’t want to take on major construction projects during these uncertain COVID times when construction costs are high and...