Cross Island MRT Line gives condo projects lift

An artist's impression of Affinity at Serangoon. Within seven days of last week's announcement on the Cross Island Line, it sold around 45 units.
An artist's impression of Affinity at Serangoon. Within seven days of last week's announcement on the Cross Island Line, it sold around 45 units.PHOTO: OXLEY
The 613-unit Garden Residences, which is also near the future Serangoon North MRT station, has seen increased interest since last week's announcement.
The 613-unit Garden Residences, which is also near the future Serangoon North MRT station, has seen increased interest since last week's announcement.LIANHE ZAOBAO FILE PHOTO

Some located near proposed stations on future MRT line see boost in sales

The upcoming first phase of the Cross Island Line - Singapore's longest fully underground MRT line - seems to be proving a bonanza for some condominium projects near proposed stations.

Affinity at Serangoon and The Garden Residences, which were both launched about a month before the cooling measures were introduced on July 5 last year, have seen a spike in buying interest since details of the new line were announced last week.

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A version of this article appeared in the print edition of The Straits Times on February 02, 2019, with the headline 'Cross Island Line gives condo projects lift'. Print Edition | Subscribe