Avenue South ResidenceAvenue South Residence, a new launch condominium development conveniently located next to Outram and the Central Business District (CBD). Units comprise one-, two-, three- and four-bedroom units ranging from 474 square feet (sq ft) to 1,668 sq ft. In addition, the development will offer close to 10,000 sq ft of commercial facilities, including food & beverage outlets and a childcare centre.
While originating in 1949 as a spice trading company, the group has since become one of the region's leading real estate investment corporations, With an ever-growing portfolio of premium condo avenue south residence singapore and commercial developments across Asia, Australia and the United States, Kheng Leong are synonymous with the high development standards that are expected in the South Avenue Residence.
The 1.04 billion filed by UOL Group, UIC and Kheng Leong has increased a lot of questions in the real estate market as it feels like the programmer has overpaid to the Silat Avenue website, which can be situated in a comparatively'untested' region with almost no personal residential improvements around.
Avenue South Residence Silat Avenue will be located near to schools around Outram MRT Station such as Cantonment Primary School, Radin Mas Primary School, Gan Eng Seng School, Bukit Merah Secondary School, Zhangde Primary School Bukit Merah Primary School and Outram Secondary School.
The government plans to transform the Southern part of Singapore into a mixed-use development, the area will attract commercial business and investment creating new employment opportunities for the locals increasing the pool of tenants looking to stay at Avenue South Residences.
Future residents of Avenue South Residence will not only be pampered by the convenience of the public transport, several amenities and iconic locations will be part of the enjoyment that can be readily found near the vicinity such as Tiong Bahru Plaza, VivoCity, HarbourFront Center, Chinatown, Central Business District (CBD) and many more.
The following image from EdgeProp shows some recent developer sales units in district 3 including Stirling Residences as well as others like Queens Peak and Commonwealth Towers As for the Avenue South Residence price, the land price translates to about S$1138 per ppr and the break even price should be around S$1600 per square foot per plot ratio.
The condominium development is located in District 19, which is on the corner of Sengkang Central and Compass vale Bow and will be easily accessible from the closest stations in Buangkok (NE15), the Renjong Station, as well as the Ranggung LRT Station.
As for the Greater Southern Waterfront , this development will generate an increase in housing, taking place on land which is double the size of Punggol town, rising commercial and entertainment opportunities will form office districts with nightlife, linkable parks and even a new resort.