Name: Koon Seng House
Brand: Macly Group
Price: 2638000 SGD
Availability: SoldOut

Question 1

Where is Koon Seng House located?

Accepted Answer

Koon Seng House is located at 89 Koon Seng Rd, Singapore 427030, in District 15 (East Coast / Marine Parade) of Singapore.

Question 2

Is Koon Seng House leasehold or freehold?

Accepted Answer

Koon Seng House is a freehold development. Owners hold the property and the land beneath it in perpetuity, with no fixed lease term.

Question 3

When does Koon Seng House TOP (Temporary Occupation Permit)?

Accepted Answer

Koon Seng House is sold out. TOP details are confirmed in the project's original sales materials.

Question 4

Who is the developer of Koon Seng House?

Accepted Answer

Koon Seng House is developed by Macly Group, the appointed Singapore developer responsible for the project's design, construction, and sales.

Question 5

How many units are there at Koon Seng House?

Accepted Answer

Koon Seng House comprises 17 residential units across the development.

Question 6

What's the price range at Koon Seng House?

Accepted Answer

Indicative prices at Koon Seng House start from S$2.64M and range up to S$2.98M. Final prices are confirmed at booking and vary by unit type, floor, and view; contact us via the enquiry form for the latest unit-by-unit price list.

Question 7

Can I compare Koon Seng House with other Singapore developments?

Accepted Answer

Yes. Tap the Compare Property button on this page to place Koon Seng House side-by-side with up to three other developments. The comparison covers price, unit sizes, tenure, developer, and TOP.

Question 8

Do you have floor plans and project information for Koon Seng House?

Accepted Answer

Available floor plans, schematics, unit mix breakdowns, and the project factsheet for Koon Seng House are published on this page as soon as they're released by the developer. Sign up for project updates and you'll be notified the moment new materials go live.

Question 9

What's the down payment for Koon Seng House?

Accepted Answer

For Singapore citizens and PRs buying a private residential property like Koon Seng House, the standard minimum down payment under the 75% loan-to-value (LTV) limit is 25% of the purchase price. The first 5% is paid in cash at booking when the developer issues the Option to Purchase (OTP). The remaining 20% is payable when the OTP is exercised, sourced from cash and/or CPF Ordinary Account. Foreigners follow the same 25% down payment structure but cannot use CPF. Speak to our licensed agent for an individual TDSR calculation.

Question 10

What's the Additional Buyer's Stamp Duty (ABSD) on Koon Seng House?

Accepted Answer

ABSD on a private residential purchase in Singapore including Koon Seng House is 0% for a Singapore citizen's first property, 20% for a citizen's second, and 30% for a third or more. PRs pay 5% on their first property and 30% on their second. Foreigners pay 60% on any property. ABSD remission is available for couples where one spouse is a Singapore citizen, subject to conditions including selling existing properties within 6 months. Final rates are set by IRAS at the time of purchase.

Question 11

What's the Buyer's Stamp Duty (BSD) on Koon Seng House?

Accepted Answer

BSD on Koon Seng House is calculated on a tiered sliding scale set by IRAS: 1% on the first S$180,000, 2% on the next S$180,000, 3% on the next S$640,000, 4% on the next S$500,000, 5% on the next S$1.5M, and 6% on the amount above S$3M. BSD is payable to IRAS within 14 days of signing the purchase contract. Any Additional Buyer's Stamp Duty (ABSD) is on top of BSD, not instead of it.

Question 12

How does the booking and OTP process work at Koon Seng House?

Accepted Answer

To book a unit at Koon Seng House: (1) Register your interest via the enquiry form on this page. (2) Our agent sends the latest price list, floor plans, and unit availability. (3) Confirm your selection and submit the 5% Option Fee (cheque or PayNow). (4) The developer issues the Option to Purchase (OTP), with the Sale & Purchase Agreement typically delivered within 14 days. (5) Exercise the OTP within roughly 3 weeks of receiving the S&PA by paying the remaining 20% (balance of the 25% down payment) and signing the agreement. The full process from booking to S&PA signing usually takes 3 to 6 weeks.

Question 13

What are the typical maintenance fees at Koon Seng House?

Accepted Answer

Monthly maintenance fees at Koon Seng House are payable to the Management Corporation Strata Title (MCST) once the development is completed. Across Singapore, mass-market new launches typically fall between S$300 and S$800 per month for a 3-bedroom unit, while developments with extensive facilities run higher. What you pay depends on your unit's share value, the size of the development and how much there is to maintain, so a small project with a full facilities deck often costs more per household than a large one. The first year's contribution is usually paid in advance at completion. We will send the exact MCST budget for Koon Seng House once the developer publishes it.

Question 14

Can I use CPF and a bank loan to buy Koon Seng House?

Accepted Answer

Yes. For Koon Seng House, eligible Singapore citizens and PRs can fund the purchase with a combination of cash, CPF Ordinary Account (OA) funds, and a bank loan, subject to the Total Debt Servicing Ratio (TDSR) cap of 55% of gross monthly income. The standard split is 5% cash + 20% CPF or cash for the down payment, with the remaining 75% via a bank loan. MAS allows a maximum private-property loan tenure of 35 years, but tenures over 30 years (or that extend past age 65) face reduced LTV limits. Foreigners cannot use CPF and must rely on cash plus a bank loan.

Question 15

How is buying Koon Seng House different from buying a resale condo?

Accepted Answer

Buying Koon Seng House as a new launch differs from a resale condo purchase in three main ways. First, payment is progressive: instead of paying the full price upfront, payments are staged (5%, 20%, then construction-milestone instalments). Second, new launches ship with the developer's full fittings, warranty, and current building specifications. Third, while Buyer's Stamp Duty and ABSD apply identically to both, new launches give early-bird buyers access to preferred units, floors, and views at the official launch price. Resale condos move faster (immediate possession) but lack the construction-period payment flexibility.

	Koon Seng HouseYou are viewing
Stage	Sold out
District	D15
Distance	This project
Tenure	Freehold
Expected TOP	Not listed
Total units	17
Units available	Sold out
From	S$2.64M
PSF from	Not listed
1 Bedroom from	Not listed
2 Bedroom from	Not listed
3 Bedroom from	Not listed
4 Bedroom from	Not listed

	Koon Seng HouseYou are viewing
Stage	Sold out
District	D15
Distance	This project
Tenure	Freehold
Expected TOP	Not listed
Total units	17
Units available	Sold out
From	S$2.64M
PSF from	Not listed
1 Bedroom from	Not listed
2 Bedroom from	Not listed
3 Bedroom from	Not listed
4 Bedroom from	Not listed

Key facts

Sales status

Floor plans

Floor plans

Site plan

Where it sits

Schools in the area

Primary Schools

Within 1 km (important for P1 registration)

Secondary Schools

International Schools

Preschools / Kindergartens

About the project

Photos

Nearby launches

The Continuum 双悦园 (Shuāng Yuè Yuán)

Grand Dunman 名門世家

Meyer Blue

Arina East Residences

Tanjong Rhu GLS

Compare with nearby launches

Compare the units in detail

Questions about Koon Seng House

Your agent

Winnie Lim Hui Nee

Key facts

Sales status

Floor plans

Floor plans

Site plan

Where it sits

Schools in the area

Primary Schools

Within 1 km (important for P1 registration)

Secondary Schools

International Schools

Preschools / Kindergartens

About the project

Photos

Nearby launches

The Continuum 双悦园 (Shuāng Yuè Yuán)

Grand Dunman 名門世家

Meyer Blue

Arina East Residences

Tanjong Rhu GLS

Compare with nearby launches

Compare the units in detail

Questions about Koon Seng House

Your agent

Winnie Lim Hui Nee