Avenue South ResidenceEugene Koh's Property Review: Avenue South Residence by UOL group and Kheng Leong Co. The area not only has the benefit of a 99-year lease, but it also has zoning designated for at least 910,000 square feet that can be utilized for storefronts on the first story of the property and residences on the second story of it. The property was awarded to the lone bidder, which was the UOL Group and their subsidiaries.
By choosing a location that blends the tranquility of its green surroundings with the amenities of urban living, the Avenue South Residence avenue south residence price condos are certain to draw attention from both investors and those looking to enjoy life in the beautiful Central Region of Singapore.
Based on the land cost of the Silat Avenue site at $1,138 psf ppr, it's clear that UOL Group is setting a realistic average price for Avenue South Residence from as low as $1,780 psf for the Heritage units to $2,250 psf for the Peak units (from 40th floor upwards).
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.
Located in Outram Park neighborhood, surrounded by many incredible and active-living neighborhoods, which includes Tiong Bahru Neighbourhood, several food shopping stores, and entertainment options, the family-friendly lifestyle experience adds to the charm of living in Avenue South.
The core business of the Group is property development and investment and with the acquisition of the majority equity of Singapore Land Limited, a well-established property company in 1990, the Group became a major real estate developer with a portfolio of 2.5 million sq ft of office space and 1 million sq ft of retail premise in Singapore.
Avenue South Residence showflat will have interior designs done up so that buyers can visualize the space that they are living in. Some of the interior designs include electrical appliances such as TV and carpet so that buyers can visualize the distance between the sofa and the TV set before committing.
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.
The amazing diversity of being able to walk to enjoy some local entertainment or jump on the Ayer Rajah Expressway, Marina Coastal Expressway and Central Expressway, while being in a soothing area, is something that sets the Avenue South Residence apart.