The owner of a private separate house in Seletar Hills Estate namely Affinity at Serangoon is selling it for $16 million. The bidding team at Affinity at Serangoon showflat has been hired as the selling agent, and the property will be offered through a statement of interest that ends on September 15.
On Mimosa Crescent, the three-story house with a basement takes up 10,207 square feet. Off of 5 Nim Road in District 28, the area is part of a three-story mixed-land community. This landed housing area is between Yio Chu Kang Road and Ang Mo Kio Avenue 5. It has several low-density landed neighborhoods with terraced, semi-detached, and detached houses.
The back of the house, which faces northeast, is next to the Mimosa Road playground, which is one of many public parks and playgrounds in the whole private area. The front of the house is about 25.9m wide and has room for up to four cars.
Most of the newly landed homes in this area were built by either public company Bukit Sembawang Estates or private company Fairview Developments, which is a 50/50 partnership between Tong Eng Brothers and Yeap Holdings.
Since the 1950s, Bukit Sembawang Estates has been building over 4,500 settled homes in Seletar Hills and Luxus Hills as part of Sembawang Hills Estate. Its most recent project is the Pollen Collection at Pollen View, which has 132 units and will go on sale in 4Q2022.
The URA says that 26 Pollen Collection units have been sold so far. On April 23, a terraced house with 1,615 square feet sold for $3.5 million ($2,168 psf). On July 20, a developer sold a terraced house with 3,186 square feet at 1 Pollen View for $4.46 million ($1,400 psf).
Fairview Developments finished its last strata-landed housing project in January 2022. It had 107 units and was on Belgravia Drive. This project fits in with FairView’s other buildings on Belgravia Drive, like Belgravia Villas and Belgravia Green.
Belgravia Ace has sold 82 units (76%), but the last new units sold by the developer were in April 2022, according to sales statistics. On Jan. 22, 2016, a 3,649-square-foot terraced house sold for $4.09 million ($1,120 psf), and a 4,370-square-foot semi-detached house sold for $4.6 million ($1,054 psf).
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