Avenue South Residence @ Silat Avenue SingaporeAvenue 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.
Avenue South Residence is also close to schools such as CHIJ Primary School (Kellock), Radin Mas Primary School, Zhangde Primary School, Cantonment Primary School, Alexandra avenue south residence Primary School, Gan Eng Seng Primary School, CHIJ Saint Theresa's Convent, Outram Secondary School, Henderson Secondary School and also Gan Eng Seng Secondary School.
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.
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).
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.
It is also at the fringe of the most talk about Greater Southern Waterfront where the Prime Minister touched on during the recent 2019 National Day Rally that will rejuvenate the southern part of Singapore in the next 5 to 20 year based on the Master Plan.
Vivocity Singapore is within short distance drive from Avenue South Residence is one of the largest retails and lifestyle mall include anchor retailers: Tangs Departmental Store, Golden Village Cinema which offer Gold Class Movie experience with a private lounge and plush electronic recliner seat and serving a wide variety of fine food and top wine list.