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En Bloc Far Horizon Gardens

PROJECT DETAILS

 
 

Far Horizon Gardens


Located in the Northern Region of Singapore, Far Horzon Gardens has a land area of 430,000 sqft 


 

 

New Condo in Far Horizon Gardens has an attractive location and has close proximity to upcoming Thomson East-Coast Line, Lentor MRT Station


 


New Condo at Ang Mo Kio Avenue 9 site- Connectivity
Residents of new and upcoming condo in Far Horizon Gardens can be served by the Lentor MRT Station 

New Condo in former Far Horizon Gardens is easily connected to Central Expressway (CTE). It will take approximately 13 minutes to the Central Business District (CBD), City Centre and Orchard Shopping Belt via Central Expressway (CTE) where they can access easily to Tampines Expressway (TPE), the Seletar Expressway (SLE) and the Kallang Paya Lebar Expressway (KPE) to various parts of Singapore.


New Condo at Ang Mo Kio Avenue 9 site- Amenities
New and Upcoming Condo in former Far Horizon Gardens

For more sports and leisure, residents of New Condo at former site of Far Horizon Gardens can take a short drive to Yio Chu Kang Swimming Complex


New Condo at Ang Mo Kio Avenue 9 site- Education


The site of Far Horizon Gardens has with good connectivity, proximity to good schools and lush greenery views around them make both excellent choice for both own-stay and investments.


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First Hand Information

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Invest in Central Region
with High Rental Potential
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Downpayment starts fr S$160,000 only
 
 
 
Project  New Condo site at Former site of Far Horizon Gardens
Developer
Location  Ang Mo Kio Avenue 9
District  20
Tenure  99 years leasehold
Site Area  square feet
GFA:
Plot Ratio
Expected TOP:
Total Units  Approximatley residential apartments
Total Carpark
Development  Condo comprising of communal facilities
Unit Type:
Architect
Eligibility SC/ SC, SC/SPR and Foreigner can buy
 

LOCATION MAP and AMENITIES

FACILITIES SITE PLAN and FLOOR PLANS E-BROCHURE

Far Horizon Gardens Ang Mo Kio Avenue 1

AVAILABLE UNITS/ SOLD/ CHEAPEST PRICES PSF

WON TOP BID FOR FORMER FAR HORIZON GARDENS SITE THROUGH EN BLOC SALES

Privatised HUDC estate Serangoon Ville in Serangoon North Avenue 1 has been sold to an Oxley Holdings-led consortium for $499 million, as collective sale fever grows even hotter.

A CONSORTIUM led by Oxley Holdings has acquired Serangoon Ville for S$499 million in a collective sale.

The consortium comprises Lian Beng Group, Unique Invesco Pte Ltd, and Apricot Capital, which is the private investment firm of Super Group's Teo family. Unique Invesco is a 37.5 per cent owned associated company of Kim Seng Heng Realty Pte Ltd, a wholly owned subsidiary of KSH Holdings.

Earlier in May, the four companies - Oxley, KSH, Lian Beng and Apricot Capital - also teamed up to acquire Rio Casa, a former HUDC estate in Hougang, in a collective sale for S$575 million.

The price is well above the $400 million to $430 million the owners were expecting when the property was put on the market last month.

The sale marks the sixth en-bloc deal so far this year - already double the three deals in all of last year.

It is the third HUDC project to succeed in the en-bloc market this year after Eunos Ville and Rio Casa in Hougang

The consortium also has to pay $195 million in estimated charges to top up the lease to 99 years and intensify the land use.

The additional charges and purchase price work out to a land rate of $835 per square foot per plot ratio, noted marketing agent ERA Realty Network.

"We saw very competitive bidding involving more than five bidders. All of them offered prices above what the owners had asked for," Mr Stanley Koo, ERA division director, told The Straits Times.

Serangoon Ville comprises 244 apartments and maisonettes across seven blocks, with sizes ranging from 1,625 sq ft to 1,733 sq ft.

Each owner will receive about $2 million from the sale - much higher than the $1.6 million to $1.7 million they had hoped for earlier.

Sitting on a 296,913 sq ft triangular-sized plot, it was privatised in 2014 and has 69 years of lease left.

It is near the Australian International School and the popular Rosyth Primary School.

Source: The New Paper

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