Spazio

Spazio @ Upper Serangoon

Spazio is a freehold mixed development that is located in the North East Region of Singapore. It is situated in along Upper Serangoon Road on the former site of Nam Peng Centre. Spazio is slated to complete in 2017. There are a total of 82 units in this boutique development. 48 of them will be residential units and the remaining 34 will be commercial units. The unit configurations for Spazio residential units are 1 bedroom type, 2 bedroom type, 3 bedroom type, 2 bedroom penthouse and 3 bedroom penthouse. The sizes for these residential units range from 420 square feet for 1 bedroom unit up to 1442 square feet for a 3 bedroom penthouse unit. The sizes for Spazio’s commercial units range from 248 square feet to 872 square feet.

Spazio is located about 800 m away Serangoon MRT Interchange Station which serve both North East Line and Circle Line. It will be less than 10 minutes’ of train ride to reach Orchard Shopping Belt. The Serangoon Bus Interchange is also just next to Serangoon Train Station where numerous public bus services can be found. For drivers, it will take about 10 minutes of driving to reach Orchard and 12 minutes of driving to reach the Central Business District. It is also well connected to major Expressways such as the Central Expressway (CTE), the Kallang Paya Lebar Expressway (KPE), the Pan Island Expressway (PIE) and the Tampines Expressway (TPE).

There are quite a number of reputable schools that are within 2 km from Spazio. They are Paya Lebar Methodists Girls’ School, Zhonghua Primary School, Yangzheng Primary School, Xinghua Primary School, CHIJ Lady of Good Counsel, St Gabriel’s Primary School, Peicai Secondary School, St Gabriel’s Secondary School, Zhonghua Secondary School, Yuying Secondary School, Bowen Secondary School and Serangoon Garden Secondary School.

As for shopping and dining, Spazio’s residents can always explore the 34 retail spaces at their doorsteps. Alternatively, they can also head down to the 4 shopping malls that are within 1 km from it, namely Upper Serangoon Shopping Centre, ICB Shopping Centre
NEX Shopping Mall and Heartland Mall  with NEX Shopping Mall being one of the favourite with its generous offerings of retail shops, F&B outlets, cinema, supermarkets, food courts and other entertainment facilities. For more dining options, residents can also head down to Upper Serangoon Road when there are more eateries and cafes. There 3 food centres nearby Spazio, i.e. the famous Chomp Chomp, Serangoon Gardens Market and Hougang Street 21 Market & Food Centre which have many cooked food stalls as well as market stalls for its future residents to get economical and yummy local delicacies. Sports lovers can also head down to the nearby Serangoon Stadium and Hougang Stadium. The nearby recreation clubs also host a variety of leisure activities and events for Spazio’s future residents.

From investment point of view, there is also much demand for district 19 developments especially in the resale market. For rental, owners of Spazio can expect demands coming from town area, the nearby Lorong Chuan and Ang Mo Kio Industrial area. Investors can expect a steady rise in the price of district 19 developments.


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Spazio Map


Spazio Site Plan and Facilities

Spazio Site
Spazio Site Plan

Amenities Near Spazio and Their Approximate Distances

Train Stations
Serangoon (NE12/CC13) – 0.7km
Kovan (NE13) – 0.8km

Bus Stop
Nam Peng Ctr (Bus: 80, 81, 82, 101, 107, 107M, 136, 153) – 0.1km
Bef Kovan Ctr (Bus: 136) – 0.2km
Highland Ctr (Bus: 136) – 0.2km

Supermarkets
Shop N Save – 0.2km
NTUC – 0.6km
Cold Storage – 0.8km
Sheng Siong – 1.1km

Shopping Malls
Upper Serangoon Shopping Centre – 0.1km
ICB Shopping Centre – 0.1km
NEX – 0.8km
Heartland Mall – 0.9km

Preschool
Hanis Montessori Kindergarten – 0.1km
Bethesda (Serangoon) Church Sunbeam Kindergarten – 0.1km
Paya Lebar Methodist Church Kindergarten – 0.4km
PCF Braddell Hts Blk 1 – 0.4km
TBPC Kindergarten – 0.4km
Kinderland Preschool – 0.6km
CS Montessori – 0.8km
PCF Paya Lebar Blk 125 – 0.8km

Primary School
Paya Lebar Methodists Girls’ School – 1.0km
Zhonghua Primary School – 1.1km
Yangzheng Primary School – 1.3km
Xinghua Primary School – 1.3km
CHIJ Lady of Good Counsel – 1.7km
St Gabriel’s Primary School – 1.9km

Secondary School
Paya Lebar Methodist Girls’ School – 1.0km
Peicai Secondary School – 1.0km
St Gabriel’s Secondary School – 1.0km
Zhonghua Secondary School – 1.2km
Yuying Secondary School – 1.3km
Bowen Secondary School – 1.8km
Serangoon Garden Secondary School – 2.0km

Junior College
Serangoon JC – 1.5km

Tertiary
Nanyang Polytechnic – 4.4km

International School
DPS International – 0.5km

Food Centre
Serangoon Avenue 3 Market & Food Centre – 0.8km
Kovan Hougang Market & Food Centre – 0.9km
Serangoon Garden Market & Food Centre – 1.7km
Chomp Chomp Food Centre – 1.7km

Lifestyle
Serangoon Stadium – 0.5km
Singapore National Wushu Association – 1.0km
Hougang Stadium – 1.8km
PUB Recreational Club – 1.8km
Serangoon Gardens Country Club – 1.8km


Highlights of Spazio

1. Closeness to Amenities – Retail options are just at the doorsteps.

2. Near to Esteem Schools – There are a number of good and reputable schools nearby.

3. Well Connected – It is easy accessible to Upper Serangoon Road and major Expressways such as CTE, PIE, KPE and TPE.

4. Rental Demand – Demands coming from those working in Lorong Chuan, Ang Mo Kio and Joo Seng Industrial areas.

5. Potential Return – Steady increase due to higher housing demand in District 19 and future development of Potong Pasir.


Spazio Factsheet

Spazio Factsheets

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Things to Note When Buying a Property:

1. Stamp Duty
2. Loan to Value Limit
3. Total Debt Servicing Ratio
4. Comparison on Mortgage Rate

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