Kingsford Waterbay Project In Upper Serangoon Sells Again With En Bloc Sales Picking Up

With recent slews of en bloc occurring in particularly in Hougang, sales in Kingsford Waterbay surged again according to The New Launch Collections consultant Jason Oh

Singapore, Singapore – June 12, 2017 /MarketersMedia/ —

Rio Casa, a privatised HUDC estate in Hougang Avenue 7 was sold for $575 million to the joint venture firm Oxley-Lian Beng Venture comprising KSH Development, Oxley Holdings, Lian Beng Group and Apricot Capital.

Rio Casa comprises seven blocks of 286 apartment and maisonette units. Each owner stands to pocket about $2 million from the deal.

“The gross development value for this project is estimated at $1.4 billion and can potentially be redeveloped to build about 1,400 residential units, assuming an average size of 70 sq m per unit,” according to The New Launch Collections consultant Jason Oh.

Activity in the collective sale market is expected to gather pace says The New Launch Collections consultant Jason Oh

With the successful en bloc at Rio Casa, owners stand to pocket about $2 million each from the deal. Thus resulting in these displaced ex owners to now shop for their next ideal residential abode at Kingsford Waterbay which is located in Upper Serangoon View and it is the nearest to Hougang.

According to The New Launch Collections Project Consultant Jason Oh, Kingsford Waterbay will be available for purchase immediately through the developer’s hotline +65 8222 2255

Contact Info:
Name: Jason Oh
Email: choon.gim.oh@gmail.com
Organization: The New Launch Collections
Phone: +65 8222 2255

Source URL: http://marketersmedia.com/kingsford-waterbay-project-in-upper-serangoon-sells-again-with-en-bloc-sales-picking-up/206039

For more information, please visit http://www.thenewlaunchcollections.com/

Source: MarketersMedia

Release ID: 206039