Avenue South ResidencesAvenue 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 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.
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.
According to Ms. Tricia Song, head of research for Singapore at Colliers International, Silat Avenue is an appealing site within two kilometers from the Central Business District, and we think the underwhelming tender outcome could be due to the large size of the site and relatively untested location, away from MRT stations”.
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 Avenue South Residences is a new residential development comprising two 56-storey high towers with seven commercial units at ground level, and five 4-storey high conserved Singapore Improvement Trust (SIT) blocks that add distinctiveness and character.
As the plans come into realizations, the excitement and the anticipation builds up. One of the highlights of this development is that residents will be able to have a claim in seafront living beyond the East Coast and West Coast park together with developments near to Outram MRT Station.
If you are looking for a brand new development in District 3 that is within close proximity to Greater Southern Waterfront with fantastic sea view, Avenue South Residence will be one of your top consideration as it is situated just 700 meters away from the future Cantonment MRT Station (CC31), Circle Line, which will be completed in 2023.
Still taking into consideration Singapore's reputation as the City in a Garden”, this new district at Avenue South Residence location at Tanjong Pagar city fringe is still going to be part of nature as it will run along Kent Ridge Park to Mount Faber Park.