Kingsford Waterbay - New Condominium Launch at Upper Serangoon View

Singapore -- (ReleaseWire) -- 02/26/2015 -- 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.