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Avenue South Residence is a new and upcoming condominium located along , bounded by . It is a 99 years leasehold residential project in the Central Region of Singapore. Avenue South Residence has a large land site of square feet and wil house approximatley xxx residential apartments. Silat Residences is an ultra-modern condominium developed by UOL and located along .
Avenue South Residence is designed and developed to meet the needs of of every family. Every details are carefully considered which makes Avenue South Residence unique from the surrounding apartments. There is abundance and space for every family. if you are looking for a place for a multi-generation unit, Avenue South Residence New Condo is a perfect place to be. The living room is the focal point and uniquely dedicated to entertaining your guests.
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Avenue South Residence will be constructed into a high-rise structure with full facilities, modern fittings, elegant furnishings, and dashing interior and exterior decors. The site will host five blocks elevated into 17 levels. Unit distribution ranges from one bedroom to large penthouses with exceptional features. According to the floor plan layout, each apartment will have comfortable spaces allocated to family rooms and dining area. The living room shall receive strong walls and high ceilings. As for the bedrooms, extra attention shall become placed on natural illumination, bathrooms, closets, drawers, and their entire ambiance. At the kitchen, developers plan on equipping and mounting beautiful, durable cabinets on the wall as well as spice shelves. Attractive countertops will be fitted along and around the sink while the developers provide more segments below the surface. On top of that, you will have an island to make and share meals with family.
The architecture was designed and crafted to utilize the location and the views it offers, while outdoor spaces connect the building to the elements of nature. The surrounding grounds and private outdoor spaces, including oversized balconies and expansive terraces, are designed to echo key features of the natural environment with a selection of trees and shrubs that are native to the region. Walkways and greenery are incorporated in the design of the surrounding landscape, bringing to life the traditional values of neighbourhood and community. Avenue South Residence is a thoroughly modern building, featuring fresh, contemporary interior style.
Avenue South Residence- Connectivity
Avenue South Residence- Amenities
Avenue South Residence- Education
Avenue South Residence- Developer UOL
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Project | Avenue South Residence |
Developer | UOL |
Location | Silat Avenue |
District | 02 |
Tenure | 99 years leasehold |
Site Area | |
GFA: | |
Plot Ratio | |
Expected TOP: | |
Total Units | Approximately residential apartments |
Total Carpark | |
Development | Condo comprising of communal facilities |
Unit Type: | |
Architect | |
Eligibility | SC, SPR and Foreigner can buy |
Avenue South Residence New Condo Unit Mix Distribution | |||
---|---|---|---|
Unit Type | Type | Area (Square Feet) | Total No. of Units |
1 Bedroom | TBA | TBA | TBA |
2 Bedroom | TBA | TBA | TBA |
3 Bedroom | TBA | TBA | TBA |
4 Bedroom | TBA | TBA | TBA |
5 Bedroom | TBA | TBA | TBA |
Penthouse | TBA | TBA | TBA |
Avenue South Residence New Condo Facilities | |||
TBA
|
Avenue South Residence New Condo Price List | |||
---|---|---|---|
Unit Type | Area (Square Feet) | Pricing | PSF |
1 Bedroom | TBA | TBA | TBA |
2 Bedroom | TBA | TBA | TBA |
3 Bedroom | TBA | TBA | TBA |
4 Bedroom | TBA | TBA | TBA |
5 Bedroom | TBA | TBA | TBA |
Penthouse | TBA | TBA | TBA |
After enduring four years of decline, the property developers finally have some good news. The URA reported an increase of 5.4 percent in the private residential property. This is now attracting property dealers from all over the world. As you all may know, Singapore is an island and land will always remain a scarce commodity that’s why the prices of these properties are bound to increase in the long term.
In Singapore residential market, the price gap between HDB versus the private residential market is widening. Base on DBS, it states that Bull Case would see Annual Private Home demand of 17,250 units.
Base on our analysis, our projection for new home demand will come from
1) Household formation
2) Upgrader demand and
3) Foreigner purchases for investment.
The current eb-bloc craze has seen developers investing close to S$34 Billion into Singapore property market (S$26 Billion in en-bloc transactions and S$8 Billion into Government Land Sales (GLS) programmes. With a total of 6,500 households displaced, the near term demand over the next two years could rise above the historical norm.
Projected base Population Growth of 6.5 million by 2030 is expected to have a positive impact on Private Home Property Market as demand is projected to remain above historical average of 12,000 units per year.
Register HERE for a presentation to understand why the property market is heading towards an unstoppable uptrend.
Since Avenue South Residence new launch condo is currently under construction, it offers a great option for buyers who are still saving the money for the initial down payment. By facilitating buyers with a progressive payment schedule, installments can be made every few months. These small installments represent a much more accommodating and manageable mortgage. If you buy an investment property, you can easily find a tenant that will help you pay down the loan and mortgage. You will be buying the property at the best price if you get it directly from the developer.
After the purchase, you can resell the property at a higher price. This is great for young people who are looking to settle down in a good place. The great thing about Avenue South Residence new launch condominium is that there is no asset depreciation. So, if you sell the condo just before its completion, you have a chance of acquiring a higher profit.
Buying a Avenue South Residence condo will prevent you from paying buyer’s commission because that will be paid by the developer. After each successful sale, the developer pays the agency which further pays the agents involved. The location of your condo will play a huge role in determining its value in the long run. You can also choose the unit you desire since Avenue South Residence is newly launch, but you will have to act fast because condominiums sell out pretty fast.
This is ideal for buyers who are very choosy and particular about what kind of home they want. You will have the opportunity of securing units with better views which will eventually become very valuable on the open market. All you have to do is sign up and pre-register for the preview by contacting the developer’s marketing team members. To attract a lot of customers, property developers often offers many discounts and stamp duty reimbursements during the VIP and VVIP preview. All you have to do is choose your desired units, submit them with your cheque and leave the rest to the developer’s agent.
The developer’s marketing team will enlighten you regarding the all the particular details of Avenue South Residence such as the pricing, floor plan, etc. during this preview. The value of these condominiums automatically increases the moment the developer removes the early bird discounts. These discounts will be saving you a lot of trouble of negotiating with the seller as well.
Anyone who has invested so much in property would want to be relieved from any further tensions and look forward to enjoying their latest purchase. You will receive Avenue South Residence in brand new condition and can renovate it according to your taste and needs. Not that you’ll need any renovation because everything will be brand new and you will not have to deal with additional maintenance work.
But in case you face any issues in the condo, you won’t have to spend extra money to get it fixed because the developer offers you a one-year warranty on fixtures and fittings. The plus point about Avenue South Residence is that you add your personal touch to it as everything will be according to your choice, and you will not have to deal with the previous owner’s choices. Avenue South Residence also offer much better facilities than any other resale property.
Investing in a Avenue South Residence newly launched condo does mean that you will have to wait to enjoy the luxury, but one thing that will help you get through it is that the wait and money are going to be worth every second and penny.
The Avenue South Residence Condo is located along,
The Facilities and Site plan of new condo launch at Avenue South Residence, are currently seeking approval from relevant authorities.
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Like any other new launches, the prices of Avenue South Residence will only be announced on the sales day. Indicating pricing will be announced earlier.
Avenue South Residence is a new condo where the site was sold to UOL Group
Cost of Land
The biggest item which determines the new condo price on the launch date is the price at which the land was acquired for the development. This cost of land is spread out across the size of the development so that the cost per square foot (psf) is established. This means that a piece of land with fewer condos may have a higher land psf than another similarly sized piece of land with more condos built on it.
Construction Costs
The cost of constructing the condos also influences the price at which those condos will be sold on the launch date. Construction companies have become so efficient that their construction costs for each square foot of a building don’t vary so much.
Developer Expenses and Profit
The cost of land and the cost of building the condominium will give you the base cost of the project. A fraction (30%) of that base cost will be added in order to cover the additional expenses (conveyance fees and financing costs, for example) incurred during the land development. That fraction of the base cost also covers the profit margin of the developer. The total of the base cost and the extra 30% in order to arrive at an estimate of the likely new condo price on the launch date.
Developers are in the business of building houses for people, they want to make a good product that is of value to the consumers, and they need to generate healthy profits levels for their shareholders. With the most expensive items as land and construction costs, add on the administrative, sales and marketing expense, finance cost, profit margin we will arrive at the selling price.
Marketing expense for the project is around $200 psf. Construction costs including architecture design, is about $350 psf for a condominum.
Land Cost: $
Construction Cost: $350psf
Marketing expense: $200psf
Profit margin: 20%
Estimated launch price: $psf
If you wish to visit Avenue South Residence Showflat viewing, all you need to do is to schedule an appointment with us before coming around so as not to waste your time and avoid making a fruitless journey because our showflat may not be opened to the public on particular days and time.
Get amazing benefits as well as Direct Developer Discount. For additional enquiry, please get in touch with us at our Sales Information Hotline +65 90070868 for further details on the details of Avenue South Residence Condominium.
Get in touch with Avenue South Residence Developer Sales Support Team.
It is important to deal with only with our authorized Developer Sales Support Team, you will get the best obtainable Direct Developer Discount. Get the latest information about Avenue South Residence units today!
Avenue South Residence Showflat is located along ................
Tastefully designed to maximise the usability and efficiency of the size, the geographical location, proximity to eateries and top schools, seek to attract many potential home seekers and upgraders to make Avenue South Residence their dream home.
Do register early to book your Avenue South Residence Showflat viewing appointment with us to have a feel of the luxurious and fine finishing by the developer after several detail plannings.
4 Simple things to take note before visiting Avenue South Residence Showflat Gallery
1) We advise to check and know how much CPF you are able to use to purchase Avenue South Residence Condo
2) Contact our Sales Team for our recommended trusted panel of bankers for your loan assessment
3) Are you affected by the TDSR? You will need to know the bracket which you are in
4) For the actual launch date, you will need to understand on how the balloting system works
Register Early to keep yourself update on the latest information pertaining to Avenue South Residence. Alternatively, you may contact our Developer Sales Personnel for a non-obligated discussion.
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