Comparative Market Analysis

What did others near Affinity At Serangoon sell for?

One key unique selling point that speaks to the buyers of Affinity At Serangoon is the upcoming convenience and potential capital appreciation as a result from the announcement of the Cross Island Mrt Line that puts Affinity At Serangoon a mere 4 mins walk away from the future Serangoon North Station. What however convinced buyers that Affinity At Serangoon is the right home for them is that the current prices did not factor in this recent announcement. Simply put, current prices now are “Before-MRT.”

It is commonly understood that having a MRT station due to the aforementioned advantages , they are often more costly than a condominium project that is similar in all aspects but without the MRT. Therefore to understand the savings from these “Before-MRT” prices, let’s have a look at the transactions of some other condominiums nearby that are within a 5 mins walk to a MRT station.

Jadescape VS Affinity At Serangoon:

527 sqft VS 538 sqft

Est. 1600-1800 Psf VS 1400-1500 Psf

Sky Vue VS Affinity At Serangoon:

484 Sqft VS 474 Sqft

Est. 1400 – 1700 Psf VS 1400 – 1500 Psf

Despite Sky Vue was launched in 2013 when the cooling measure came into effect, it was selling at a similar if not higher PSF than Affinity At Serangoon now. In other words, Affinity At Serangoon buyers now are essentially buying at prices from approximately 5 yrs ago.

The Woodleigh Residence VS Affinity At Serangoon:

570 Sqft VS 538 Sqft

Est. 1700 – 1900 Psf VS 1400 – 1500 Psf

Gazania Vs. Affinity At Serangoon:

883 Sqft VS 850 Sqft

Est. 2000 Psf VS 1500 – 1600 Psf

Disclaimer: All number figures are for reference and illustration purpose only and are written in estimate at the point in time of this article

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