SPECIAL INFO

Project Details

The ICONIC RIVERFRONT Condominium With Units Facing Either Scenic River Or Pool Landscaping

Very Affordable Quantum At D19!

Selling Fast & From $5xxK Onwards! View Special Info for more information or call +65 9048 0660 now! 

Hurry! Do Not Miss One Of The Most Affordable New Launch Now

Kingsford at waterbay artist impression

Kingsford Waterbay is a new condo by developer Kingsford Development in District 19. The plot of land is located beside Punggol Park.

Many amenities are available near the development including Fernvale Mall and Greenvich V which is just a short drive away.

A serene and tranquil lifestyle awaits you at Upper Serangoon.

There are many facilities in Kingsford Waterbay for your family and friends to enjoy. This includes a 50m swimming pool, a gym, tennis court, outdoor fitness area, function room and many other facilities in the development.

The condo’s facilities provide full family entertainment needs for your family and loved ones. Indulge in a serene and tranquil lifestyle right in the heart of Serangoon.

Kingsford Waterbay will be available with Upper Serangoon Road as well as a short drive away from Hougang MRT.

It is additionally a short distance away from Kallang-Paya Lebar Road (KPE)Kingsford Waterbay is likewise close to Punggol Park and Compass Point.

For vehicle holders, it takes under 30 minutes to drive from Upper Serangoon to the business hub and ibrant Orchard Road shopping district, through Kallang-Paya Lebar Expressway(KPE).

Kingsford Waterbay is additionally found close to numerous popular organizations, for example, Chij Our Woman Of The Nativity, Montfort Lesser School & Montfort Optional School.

info

Location

Kingsford Waterbay Location

location

 

Several buses are available near Upper Serangoon Road and Buangkok Drive. Kingsford Waterbay transportation options are aplenty and it is also near to many shopping centers and restaurants along Upper Serangoon Road. Kingsford Waterbay is also near to Rivervale Plaza. Also, it is situated next to Punggol Waterfront Town. Entertainment for your loved ones and friends are therefore at your fingertips with the full condo facilities as well as the amenities near Kingsford Waterbay.

Kingsford Waterbay will be accessible with Upper Serangoon Road as well as a short drive away from Hougang MRT. It is also a short distance away from Kallang-Paya Lebar Expressway (KPE)Kingsford Waterbay is also near to Punggol Park and Compass Point. For vehicle owners, it takes less than 30 minutes to drive from Upper Serangoon to the business hub and vibrant Orchard Road shopping district, via Kallang-Paya Lebar Expressway (KPE).

Kingsford Waterbay is also located near to many famous institutions such as Chij Our Lady Of The Nativity, Montfort Junior School & Montfort Secondary School.

Bus Interchange Nearby

  • Hougang MRT Station & Bus Interchange (Approx 1.2KM)
  • Buangkok MRT Station (Approx 1.4KM)

Shopping Malls

  • Rivervale Mall
  • Hougang Point
  • Compass Point
  • Upcoming Waterway Point Mega Mall

sch

Amenities and conveniences aside, reputable schools are also a main focal point for Kingsford Waterbay.

Schools

  • Holy Innocents Primary School
  • Holy Innocents High School
  • Chij Our Lady Of The Nativity
  • Punggol Primary School
  • Serangoon Secondary School
  • North Vista Primary School
  • North Vista Secondary School
  • Montfort Junior School
  • Montfort Secondary School

Site Plan

siteplan

Floor Plan

 Click Here to download more floor plan (1 - 2 Bedroom)

Click Here to download more floor plan (3 - 5 Bedroom)

Click Here to download more floor plan (Penthouse/Town House/ Retail)

1 Bedroom Floor Plan

BR1 

2 Bedroom Floor Plan

BR2

3 Bedroom Floor Plan

BR3

4 Bedroom Floor Plan

BR4

5 Bedroom Floor Plan

BR5

Penthouse Floor Plan

PH1

Gallery

News

 Kingsford Waterbay condo development launched at Serangoon

SINGAPORE: More than 1,000 people visited the Kingsford Waterbay showflat on Saturday (Feb 21). Located at Upper Serangoon View, the project has 1,165 units on offer.

These range from one to five-room apartments - though smaller units make up about half of those on offer.

Prices are expected to start at above S$500,000 for a one-room unit.The development is the first to stand on two plots of adjacent land which had their tender closed at the same time.

It was an attempt by authorities to control the bidding prices of developers, though eventually both plots were won in 2013 by the same developer at S$520 per square foot.Some property analysts said with property cooling measures affecting market sentiments, developers may be faced with challenges.

To attract younger buyers, the project includes a childcare centre, run entirely by the condominium's management corporation. Children of those who live in the condominium will be given priority to enrol and the developer said fees collected can also be used to pay for the condominium's maintenance.

Cui Zheng Feng, board chairman of Kingsford Development, said: "People are feeling festive. It's also Saturday, so people are resting and can come with their families.

The property cooling measures are taking effect, but with land price costs and the shortage of land in Singapore, we think it's a good time to enter the market."Executive director of research and consultancy at SLP International Property Consultants, Nicholas Mak, said: "One of the challenges facing developers of very large projects is that they will firstly require a much longer period of time - perhaps more than two years to sell out their entire project.

 "During this period, the developers may need to adjust prices, sometimes adjusting them downwards and this could make the earlier buyers who paid a higher price rather unhappy."

Taken from Channel News Asia

 

2 mega private residential projects get URA's provisional nod in Q3

TWO mega private residential projects of over 1,000 units each are among the projects that secured provisional permission from Urban Redevelopment Authority (URA) in the third quarter.

A unit of Singapore-listed GuocoLand received the planning authority's nod to build a 1,024-unit condo, Sims Urban Oasis, on a 99-year leasehold site fronting Sims Drive, Aljunied Road and Pan Island Expressway.

The group, controlled by Malaysian tycoon Quek Leng Chan, paid S$530.89 million or nearly S$688 per square foot per plot ratio (psf ppr) for the nearly 2.4 hectare land parcel at a state tender that closed in late April.

GuocoLand's bid was nearly 5.8 per cent higher than the No 2 bid at the tender, of S$502 million or S$650.45 psf ppr, from a consortium comprising vehicles controlled by Mr Quek's Singaporean cousin Kwek Leng Beng.

Along Upper Serangoon View, Kingsford Property Development has obtained URA's provisional permission to build a 1,165-unit project, Kingsford Waterbay, on two adjacent river-fronting sites that it clinched for S$460.4 million or S$522 psf ppr at a state tender that closed last November.

The approval granted is for 1,157 apartments, six terrace houses and two semi-detached houses.

Taken ST Property 

 

Kingsford Waterbay - New Condominium Launch at Upper Serangoon View

More than 1,000 people visited the Kingsford Waterbay showflat on Saturday (Feb 21). Located at Upper Serangoon View, the project has 1,165 units on offer.

These range from one to five-room apartments - though smaller units make up about half of those on offer.

Prices are expected to start at above S$500,000 for a one-room unit. he development is the first to stand on two plots of adjacent land which had their tender closed at the same time.

It was an attempt by authorities to control the bidding prices of developers, though eventually both plots were won in 2013 by the same developer at S$520 per square foot.

Some property analysts said with property cooling measures affecting market sentiments, developers may be faced with challenges.

To attract younger buyers, the project includes a childcare centre, run entirely by the condominium's management corporation.

Children of those who live in the condominium will be given priority to enrol and the developer said fees collected can also be used to pay for the condominium's maintenance.

Cui Zheng Feng, board chairman of Kingsford Development, said: "People are feeling festive. It's also Saturday, so people are resting and can come with their families.

The property cooling measures are taking effect, but with land price costs and the shortage of land in Singapore, we think it's a good time to enter the market." 

Executive director of research and consultancy at SLP International Property Consultants, Nicholas Mak, said: "One of the challenges facing developers of very large projects is that they will firstly require a much longer period of time - perhaps more than two years to sell out their entire project."

"During this period, the developers may need to adjust prices, sometimes adjusting them downwards and this could make the earlier buyers who paid a higher price rather unhappy."

Taken from Digital Journal

 

 

140 Kingsford Waterbay units go in one weekend 

SHENYANG developer Kingsford Development sold 140, or about 40 per cent, of its 320 launched units at the mixed-use Kingsford Waterbay at Upper Serangoon over the weekend.

Prices for the condo units ranged from S$1,050 to S$1,180 per square foot (psf). In addition, it also sold one strata terrace house, two strata semi-detached houses, and six retail shops. The shops, ranging from 431 to 452 square feet, were sold at about S$2,700 psf.

Consultants said tha it was "quite good" that the developer was able to move a three-digit sales within a single day (on Saturday) amid the moribund property market. Some suggested that attractive agent commissions could have helped.

R'ST Research director Ong Kah Seng also put it down to the attractive pricing for a suburban leasehold project in a typical HDB upgrader locality such as Serangoon.

The two-to-three bedders were the most highly sought-after units, as has been the trend with "quantum-friendly" units since the onset of the Total Debt Servicing Ratio (TDSR) framework that started to tighten credit conditions.

But Kingsford Development board chairman Cui Zhengfeng told The Business Times that it could also be because a larger percentage of the two-bedders were facing the river.

The 1,165-unit project is being built on two amalgamated government land sales (GLS) sites with a combined 400-metre direct frontage of Sungei Serangoon.

Among the units transacted, one-bedroom units started at S$514,000; two-bedders at S$650,000, three-bedders at S$893,000; four-bedders at S$1.073 million; and five-bedders at S$1.432 million.

Semi-detached homes (1,948 sq ft) cost about S$2.1 million, while the retail shops cost about S$1.2 million in quantum. Mr Cui said that most of the buyers were Singaporeans.

RST's Mr Ong added that in this location, buyers would tend to be owner-occupiers buying for future long-term capital gains, rather than investors buying to lease.

Asked when he is planning to push out subsequent launches, Mr Cui said that he needs to monitor sales from this initial launch first and study market demand conditions before he can decide.

But the difficult market will probably limit his ability to raise prices in subsequent launches, he added.

In addition to its condo units, the 99-year leasehold Kingsford Waterbay has six strata terrace houses and two strata semi-detached houses, as well as its own childcare centre and six shops.

Meanwhile, at GuocoLand's 1,024-unit Sims Urban Oasis project at Aljunied, some 29 units were sold over the weekend. This brings the total tally to 170 units sold, out of 200 units launched in the first phase.

Taken from Business Times

 

Q1 new home sales heading for lowest since financial crisis

SINGAPORE — The private housing market continues to lack vigour, with analysts saying that total new home transactions in the first quarter are in danger of falling to their lowest since the global financial crisis.

Their comments came after Urban Redevelopment Authority (URA) data published yesterday showed developers sold 382 new private homes last month, up slightly from 374 units in January but about half the number sold a year earlier.

 Analysts said unless sales increase significantly this month, total transactions in the first three months this year will hit a new quarterly low since the final quarter of 2008, when developers managed to offload only about 400 units following the collapse of United States investment banking giant Lehman Brothers.

Mr Nicholas Mak, executive director of research and consultancy at SLP International Property Consultants, said: “Based on our estimates, the total number of private homes sold by developers in the first quarter of 2015 could range from 1,200 to 1,300 units.

This would be the lowest quarterly sales volume since the fourth quarter of 2008, when the market was adversely affected by the financial crisis.”

Ms Christine Li, director of research at Cushman and Wakefield, noted that the response to new launches has been lukewarm so far this month and the weak sales momentum will probably persist.

“Kingsford Waterbay in Upper Serangoon sold about 140 units during its launch weekend. That’s about 12 per cent of the total units available and I don’t think this performance will help the March figures by a lot.

It is quite difficult to predict how the coming launches will do, but even if they do well and prop up March’s sales volume to 600 units, the first quarter’s volume will still be the lowest since the fourth quarter of 2008,” she said.

Nevertheless, transaction volumes should increase as developers step up their launches after the Chinese New Year, analysts said.

Besides the 1,165-unit Kingsford Waterbay launched earlier this month, other coming projects include Botanique at Bartley and North Park Residences in Yishun.

This will bring up the number of units launched per month from only 357 private homes last month and 421 units in January.

“We expect sales numbers to pick up from March as developers line up their launches to leverage the March-July window before the Hungry Ghost Festival sets in.

In the coming months, developers will also concentrate on clearing the stock of projects that have already been launched,” said Mr Eugene Lim, key executive officer at property agency ERA.

“Pricing is key to moving sales, as 2014 has shown that about 70 per cent of transactions are below S$1.5 million due to loan restrictions and Additional Buyer’s Stamp Duty.

There is also a concern that housing loan interest rates will be higher in the second half of the year as the US Federal Reserve is expected to up its interest rate in the near future,” he added.

These challenging conditions mean that potential buyers will continue to concentrate their searches away from the city centre, analysts said.

Last month, the city fringes led sales with 183 units sold, mainly from the sole debut project in February — Sims Urban Oasis, where 112 units were sold at a median price of S$1,397 psf. The suburban region followed with 173 transactions, while 26 units in the city centre found buyers.

Taken from Today Online 

Contact Us

vvip preview

Call Icon

Fill in the enquiry form for VVIP now! This is the Condo that is not to be missed! 

Name
Email
Contact
Property
Interested in Unit Type
Level of Interest
Message
Security
What is 3 + tw0 ?

Kingsford @ Waterbay Rating: 5.0 out of 5 | Review By: Launch Property Singapore | ERA REALTY NETWORK PTE LTD | CEA Reg. No. L3002382K / R027596H | Connect with Launch Property Singapore @