Serangoon is a huge heartland estate, with plenty of residents. There are at least 69,000 residents living in public housing in Serangoon, as well as a good number of residents living in the many
private condominiums in the estate.
Serangoon’s name comes from a combination of 2 Malay words: “Satu” and “Ranggong”. The estate used to house a mix of villages, rubber plantations and other agricultural endeavours.
Today, this neighbourhood is a bustling hub of activities, with a bus interchange, 2 MRT lines and multiple malls. Let’s take a look at the neighbourhood, and see if there are any gems in the area to consider.
Plenty of HDB Picks
Most HDB homes here are not very new, so size-wise, Serangoon has some great picks.
As a rule of thumb, the closer to Serangoon Central, the steeper the price. That’s because of the convenience and amenities built up in the area. The bus interchange, 2 MRT lines, and a huge mall
really play in the pricing here.
A good example here is this 1302 sq ft, 5 room unit at Serangoon Central. This unit has an asking price of $800,000, or approximately $614psf.
While this can seem steep, the cost of this unit is definitely lower than a private condominium of the same size in the same area. For the accessibility and convenience, this is worth a gander.
If that’s a little too pricey, there are units which are more reasonably priced.
A great example would be this 4 room, 1108 sq ft HDB unit in Serangoon North. The owner’s considerably lower asking of $420,000 is only partially due to the smaller size of the unit. It isn’t as close to Serangoon Central, but the unit is 1 feeder bus ride to either Ang Mo Kio or Serangoon MRT. At the price of $379sf, units in this area are a steal.
Private Condominiums have been sprouting out of the ground in every single one of Singapore’s neighbourhoods recently. Serangoon is not immune to this occurrence, with multiple condominiums coming up in the past 5 years.
One of the more popular developments in the past few years is the joint CDL and Hong Leong Holdings development named Forest Woods.
Forest Woods is a 7 block, 519 unit development with a 99-year leasehold. This development is almost right next to the main Serangoon hub, with walking distance access to NEX, Serangoon MRT and bus interchange.
A 4-bedroom, 1249 sq ft unit at this development has recently been on the market for $1.638 million, or at the approximate price of $1311psf.
Another interesting development in the neighbourhood would be AFFINITY at Serangoon, a 99-year leasehold, 1052-unit development that has an estimated completion date of end 2022. This Serangoon North development has 7 blocks of condominium apartments, multiple strata-landed homes, as well as 5 retail shops.
There is a range of 1 to 5 bedroom homes at this development, with the 5 bedroom configurations being of the strata-landed variety.
If you’re looking for a middle of the road configuration, a 3 bedroom, 850 sq ft unit is going for $1.25 million. At approximately $1470psf, and proximity to the rustic Serangoon Gardens neighbourhood, this location is primed for growth.
Amenities & Accessibility
Serangoon’s status as a key heartland hub means that it is well supported with amenities and services. Serangoon Central is highly connected by public transport, with 2 MRT lines supporting this place.
First off, Serangoon MRT acts as an interchange for riders of both the North East and Circle Lines. Additionally, Serangoon bus interchange connects residents to the rest of the island by bus. Beyond that, Lorong Chuan MRT also serves residents in the area. Considered city-fringe, residents in Serangoon can reach the CBD in 10 minutes by car.
Serangoon’s NEX is a huge 600,000 sq ft mall with over 300 shops. This includes 2 supermarkets, a cinema, and a wide array of dining options. If you’re not into huge malls with swarms of people, then myVillage at Serangoon Garden is a short bus ride away. myVillage is a boutique mall with over 40 approachable dining and shopping options, as well as a FairPrice Finest supermarket.
When it comes to food options, Serangoon Central has multiple coffee shops that house some great hawkers. Additionally, we have the famous Serangoon Garden Market, as well as the iconic Chomp Chomp Hawker Center.
There is also the new Stevens Station that connects residents to the Central Business District. Just a little bit further south of the Tangling district sits the Tiong Bahru, Redhill and Queenstown MRT stations. While the MRT lines can bring residents into the CBD within 10 minutes, those who stay in Tanglin can also drive to the CBD within that same period of time if they choose to do so.
Heartland Living, City Fringe Benefits
Serangoon is all about easy living with city fringe accessibility. The town is well connected to the rest of the island, and with amenities that provide residents with all their daily necessities,
Serangoon is a great place to stay without blowing out your housing budget.