The Serra Residences FAQ and payment schedule

The VVIP preview runs from Friday 2 to Tuesday 13 October 2026. Interest must be submitted by 12 pm on Tuesday 13 October. VVIP sales booking is on Thursday 15 October and public booking on Friday 16 October. See all the dates.

The sales gallery is at 11 Bassein Road, next to the tower site at 7 Bassein Road. Viewings are by appointment. See the showflat page.

Through me. Send me a WhatsApp at +65 8102 1221, or fill in the form on this page and choose "A showflat viewing". I'll confirm a time and send you the price list before your visit.

Type B1A (2-bedroom + study, 710 sqft) and type D4 (4-bedroom premium with private lift, 1,528 sqft). You can walk through both in the developer's virtual tours: B1A and D4.

During the preview you submit an expression of interest with a blank cheque or cashier's order. After the cut-off, all agencies' submissions are checked for errors and duplicates, and a live e-ballot sets the order in which buyers choose their units on booking day.

When the option to purchase is granted, you pay a 5% booking fee in cash. The developer then sends you the sale and purchase agreement, usually within two weeks, and you have three weeks to sign it. Buyer's stamp duty (and ABSD if it applies to you) is due within two weeks of signing, and a further 15% is due eight weeks from the option date. The 15%, the stamp duties and the legal fees can be paid in cash or CPF.

As a new launch, The Serra follows the standard progressive payment scheme for uncompleted private homes, so you pay in stages as construction progresses:

*With a 75% bank loan you pay the first 25% yourself: 5% + 15% + the first 5% of the foundation stage. The loan covers the rest as each stage is completed. Work out the amounts for a specific price with my payment schedule calculator.

The 5% booking fee must be paid in cash. After that, the 15% at the sale and purchase agreement, the stamp duties, the legal fees and the later instalments can be paid from your CPF Ordinary Account, within CPF's usage limits.

On the developer's price list of 1 November 2026, the homes still available start from $3,191 psf: 2BR + Study from $2.27M, 3BR Compact from $2.44M, 3BR from $2.89M, 4BR Compact from $3.15M, 4BR from $4.37M, 4BR + Study from $4.71M, 4BRP + Private Lift from $5.50M, 5BRP + Private Lift from $6.32M. Every unit's price is shown in the unit finder on this site. Only some units in The Summit Series (levels 18 to 27) have a price so far; the others and the penthouse are upon request. Prices can change, so ask me to confirm the price of any unit.

The developer estimates about $510 a month for the homes in The Serra Residences (share value 6), $595 for types D2, D3 and D4 (share value 7), $680 for type E (share value 8) and $765 for the penthouses (share value 9). The actual fees will be set by the management corporation after completion.

Far East Organization. The architect is P&T Consultants, the interiors are by 932 Design Group, the landscape is by Ecoplan Asia, and the main contractor is Keong Hong Construction.

Freehold.

TOP (Temporary Occupation Permit) is expected in the fourth quarter of 2030. The developer gives 1 September 2031 as the expected date for vacant possession and 1 September 2034 for legal completion.

133 homes in a single 28-storey tower, on a 4,774.8 sqm (51,396 sq ft) site. The Serra Residences on levels 4 to 16 has seven homes per floor (91 in all), The Summit on levels 18 to 27 has four per floor (40), and level 28 has two penthouses. Levels 1 to 3 are the car park, arrival court and pool deck, and level 17 is the residents' sky terrace.

Thirteen layouts: 2-bedroom + study (710 and 721 sqft), 3-bedroom (764, 893 and 904 sqft), 4-bedroom (958 and 1,216 sqft), 4-bedroom + study (1,335 sqft), 4-bedroom premium with private lift (1,528 sqft), 5-bedroom premium with private lift (1,755 sqft) and two penthouses (2,648 and 2,669 sqft). See all floor plans.

Type D4 (4-bedroom premium, stack 01), type E (5-bedroom premium, stack 05) and both penthouses, all in The Summit.

The Serra is planned under URA's harmonised floor area rules, in force for new private homes since June 2023. Air-con ledges are no longer counted in a home's strata area, so the area you pay for is living space. When you compare psf prices with older launches, whose sold areas included the ledges, compare the usable areas too.

About 2.89 m in the living room, dining room and bedrooms, and 3.44 m in the living and dining rooms of the penthouses. Kitchens and bathrooms are about 2.40 m, and balconies 2.94 m.

Every home has V-ZUG kitchen appliances, a Liebherr fridge and engineered timber bedroom floors, and the show units in both parts of the tower have Franke sinks, hansgrohe bathroom fittings and Laufen sanitary ware. Homes in The Summit add marble living and dining floors, a dishwasher, a wine chiller and a separate washer and dryer. See the full list by home type. Specifications are subject to change by the developer.

113 lots for 133 homes, including 5 accessible lots and 2 private lots that come with the penthouses. 5 of the lots have EV chargers. There are also 4 motorcycle lots and 23 bicycle lots, and no separate visitor lots.

A 50 m lap pool, spa pool, sun deck, BBQ pavilion, dining room, fitness room, sauna, steam room, kids' pool, kids' pavilion, playground, pets' park and family deck on level 3; a tennis court on level 2; and a sky terrace on level 17 with a social lounge, retreat lounge, zen deck and wellness garden.

Novena MRT (North–South Line) is about 8 to 10 minutes' walk: out of the side gate, along the sheltered path to Tan Tock Seng Hospital, then through the hospital's underground link to Exit A. Newton interchange is one stop away. More on the location.

Hong Wen School and St. Joseph's Institution Junior. Within 1 to 2 km are Anglo-Chinese School (Junior) and (Primary) (both Two-Track schools from 2027), Bendemeer Primary, CHIJ Primary (Toa Payoh), Farrer Park Primary, Kheng Cheng School, Pei Chun Public School and St. Andrew's School (Junior). For Primary 1 registration, check the exact distance on OneMap with the unit's address.

HealthCity Novena and Tan Tock Seng Hospital are on one side. Nearby condominiums include One Akyab, 8 Bassein, Bassein Court, Zedge and The Ansley, and there is a future development plot beside the site. The tower is about 16 to 27 m from the nearest neighbours at its closest points, while stacks 04 and 05 look over the pool deck and tennis court.