Avenue South ResidencesAvenue South Residence is a 1,074-unit luxury development located at Silat Avenue, minutes away from the Greater Southern Waterfront. Besides the 2 high-rise towers at Avenue South Residences that features the 4 function rooms that overlook the Greater Southern Waterfront, Avenue South Residence will also feature 86 Heritage residential units that are refurbished units of the former Singapore Investment Trust units.
The $1.04 billion submitted by UOL Group, UIC and Kheng Leong has raised tons of questions from the property market as it seems like the developer has avenue south residence singapore somehow overpaid for the Silat Avenue site, which is situated in a relatively ‘untested' area with almost no private residential developments around.
Unlike its fellow developers, developing Avenue South Residence , the firm has kept up with the financial and raised a lot of questions in the property market as it feels like the developer has somehow overpaid for the Silat Avenue website, which is situated in a relatively'untested' area with no developments.
Sengkang Grand's Residences are developed by a duo, which are two of Singapore's best and most experienced real estate companies, it's no doubt why this residential development will attract many people and most importantly, investors that seek the opportunity to invest in property development that is worthwhile.
The tender for Avenue South Residence Silat Avenue government land site successfully won by Singapore-listed UOL Group in a joint venture with sister companies, United Industrial Corp and Kheng Leong Company of $1,035 billion or $1,138 psf per plot ratio (ppr).
The consortium behind Avenue South Residence - UOL Group (UOL), its subsidiary United Industrial Corporation Limited (UIC) and Kheng Leong Company - expects it to draw interest from both owner-occupiers and investors, pointing to upcoming projects in the vicinity such as the Greater Southern Waterfront.
Outram Park neighborhood also has a planning area, located within the Central Area in Singapore's Central Region, next to Singapore's river located in the northern region, in Downtown Core to both the eastern and southern region, and Bukit Merah in the west.
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.
With plans already in motion to seamlessly combine Sentosa, Marina Bay and Labrador Park into a single incredible waterfront living experience that will span nearly twice the size of Punggol, residents can expect a couple more high-rise frontiers popping up (potentially blocking bay views) alongside increased access to various parks and nature trails linking the waterfront.