The Garden residences is a private residential development that is situated along Serangoon North View, district 19 of singapore. Its sits next to Kensington Park and Affinity. The Homeowners here will get to enjoy the serenity of the private residential landed enclave of Serangoon. It is a 99 years leasehold development with a gross plot ratio of 2.5 will have a total plot area around 17,189.1 square feet

Gardens residence location

 Most of the stacks in Garden residences also offers unobstructed views that are overlooking the surrounding prime landed neighbourhood of Serangoon Gardens. There are plenty of cafes, restuarants, pubs , Serangoon Food Centre and Market and the Chomp Chomp Hawker Centre are just nearby, residents will be be spolit with the numerous selections just living there.

South facing stacks

Developer

This just a joint venture between 2 very reputable developers Wing tai and Keppel land. With over 180 years of combines real estate experience and more than 150 residential developments in singapare and nearby region, some of the famous iconic portfolio includes the Reflections at Keppel bay, Corals, The crest and one of the most expensive condo in Singapore, the Le Nouvel Ardmore.

 

Facilities

At Gardens residence, residents will be enclosed by green landscape from the moment they arrive at home. There is a 75 m swimming pool with Aqua Gym and a 24 hour gym that overlooks the pool. With a total of 55 facilities, residents can also sweat it all out at the 3G outdoor fitness area a job along the picturesque Boardwalk.

https://youtu.be/cDZtkJBuw34
Garden residence facilities fly through

This pathway which stretches across the development will offers residents the perfect sceneries of lush verdant that is inspired by the notion of hanging gardens . The development will also include over 100 species of plants, shrubs, trees and flowers specially cultivated to purify and nourish the air and also to give the sense of what it is like living in a garden thus the name Garden residences.

There is also a large Community Garden where residents can spend time with their close friends or their loved ones, or building up the bonding they have with their pets, a home where the relationships could be best nurtured.

Other than the Petscape, the unique gardens to the Community Garden where owners can bring their pet to, there’s also many pavilions and water features that fill the landscape with vibrancy.

Smart home convenience built in for every home

Unit types

• A total of five towers with a maximum of 15 storeys high, there are a total of 613 spacious residential units with 1 – 5 bedroom units and ranging from 452 square feet to 1,981 square feet.

Site plan

Transport Network
Gardens residence is only 5 minutes walk away from the upcoming Serangoon North MRT Station which is scheduled for completion in 2029. Future residents will definitely benefit from the convenience of this cross island line and capital appreciation if they were to resell in the near future. Garden residences was launch before the announcement of the cross island line in 2018 thus buyers are able to enjoy purchasing at prices that did not factor in MRT. This MRT line will pass by the Hougang MRT Interchange Station, Bright Hill MRT Interchange Station, Ang Mo Kio MRT Interchange Station and the Pasir Ris MRT Station. There will be free shuttle service taking residents to the nearest NEX mrt interchange when the project reaches TOP. There are 2 MRT lines interconnected available at Serangoon MRT Interchange, the orange Circle line and the North East Line. For a weekend shopping trip to Orchard, it will be approximately 10 minutes’ of driving from The Garden Residences. It will take future residents of The Garden Residences about 15 minutes of driving to the Central Business District (CBD). Drivers will also access to various expressways such as Central Expressway (CTE), Kallang Paya Lebar Expressway (KPE) to other parts of the singapore.

Cross island line will cuts across singapore

Amenities
The Garden Residences is just a short walk away from Serangoon Garden via a proposed connecting gate which will allows residents to cut directly across. There are restaurants, retail shops, cafés, restaurants and a shopping mall, myVillage where there is also supermarket and banking services. Homeowners can enjoy delicious local food from both Chomp Chomp Food Centre and the Serangoon Garden Market And Food Centre. There are also market stalls at Serangoon Garden Market And Food Centre, where future you can get their fresh market produce from. Alternatively, you can also head over to the mega Nex mall for the many dining, shopping and leisure amenities available there.

Schools
The Garden Residences is within 1km to the famous Rosyth School, Chij Our Lady Of Good Counsel, Zhonghua Primary School, , Xinmin Primary School, Da Qiao Primary School, Hougang Primary School, Chong Boon Secondary School, Serangoon Garden Secondary School, Bowen Secondary School, Peicai Secondary School, Xinmin Secondary School, Hougang Secondary School , Serangoon Junior College and also Nanyang Junior College. The Garden Residences is also close to international schools like DPS International School and Lycee Francais De Singapour

Breadown Analysis

I am always excited for projects in district 19 which is also the best performing district in singapore . There is always huge demand coming from upgraders and buyers wanting to buy in this area for various purpose. Even though the land acquired cost is more expensive than its neighbour Affinity, Gardens adopted a lower margin strategy. In price comparison between the both, there is very marginal difference in my opinion and should not be a major factor if deciding between this 2 projects. With 60% of the land dedicated to facilities and only 40% on the residential , this is usually only seen on more luxury developments where homeowners can enjoy the exclusivity of living in a private development. The 613 units is a almost 40% lesser than the 1000 units in affinity.

Future government land sales right beside

There is a lack of supply in the Serangoon north area coupled with limited land previously. Currently older developments like Kensington Park, Terrase is serving the demands from tenants and buyers around the area. Residents can certainly bank on the future Cross island line , the GLS land that is beside Gardens and future enbloc of kensington park for potential price appreciation.

Conclusion

Being one of the earliest to reach TOP in early 2021, Garden residences certainly offers plenty of value for homebuyers. Good developer, landed enclave area, exclusivity, good schools and capital appreciation potential with future MRT. This is certainly a recommended project for buyers looking for homestay who is looking to stay at least 8 years. Investors who looking to exit with shorter timeframe like 3 years should stay away.

Reasons to consider

  • Located in one of the prime landed enclave area
  • Exclusivity and serene environment
  • Within 1km to Rosyth Primary and French international School
  • Potential upside with upcoming Cross island line

Concerns

  • Not near any mrt now but this is normal for any landed enclave

 

 

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