Avenue South Residence

Avenue South Residence is situated in a prime location, connected between Marina Bay Financial Centre and Harbourfront, 2 key employment centers in Singapore of many multinational companies like Bank Of America Merrill Lynch, Maersk and Walmart.

The new owners of Avenue South Residence will live close to nature, with amenities like the Greenway Corridor and Mount Faber Park within a short walk away. It is also close to shopping malls like Vivocity, Harbourfront and Tiong Bahru Plaza, where key amenities and eateries are easily available.

Avenue South Residence Condo is near prominent schools such as CHIJ Kellock (Primary), CHIJ St Theresa’s Convent and Cantonment Primary School. Schools around Outram MRT Station, which is about 10 minutes walk away, include Radin Mas Primary School, Gan Eng Seng School, Zhangde Primary School and Bukit Merah Primary School. There is also a childcare center located within the condominium premises, at the ground level of one of the refurbished flats built by the Singapore Improvement Trust (SIT). Families looking for good education for their children within walking distance of their homes will appreciate Avenue South Residence location.

Avenue South Residence is within walking distance to Outram Park MRT Interchange, serving the East-West, North-East, and the future Thomson-East Coast Line. This means travelling to the Raffles Place, Orchard Shopping District and Dhoby Ghaut are all within 3 stops. Having 3 MRT lines near to this condominium makes this a valuable real estate, connecting travellers from Jurong Gateway, Punggol estate, Bishan town and Paya Lebar.

The future Cantonment MRT Station will be completed by 2025 on the Circle Line, connecting Marina Bay Financial Center to Harbourfront. This is a long-awaited development for this southern area of Singapore, where key employment centers of the Southern ridges synergise to create an impactful financial and lifestyle waterfront hub.

For residents who frequent buses, there are many buses which stop along Kampong Bahru Road and Bukit Merah Road, and the new Kampong Bahru Bus Interchange is just across the road, which may see more connectivity in the days ahead. These allow residents to reach Tiong Bahru, Tanjong Pagar and Mount Faber within 10 mins.

The Central Expressway (CTE) and the Ayer Rajah Expressway (AYE) are located nearby too, making it easy to drive to all parts of Singapore.

Avenue South Residence is in the center of two major urban developments, one of which is the new Singapore General Hospital (SGH) Campus. This will be Singapore’s biggest medical campus when completed, which will link all patient care, research and academic facilities in an interconnected healthcare ecosystem. Patients will be able to get healthcare that is easily accessible, seamlessly connected, and integrated with fore-front research. The 43 hectare area will become a world-class Academic Medical Centre that will redefine excellent healthcare for Singaporeans.

The other and most distinct transformation in the area will be the Greater Southern Waterfront, and Avenue South Residence sits at the entrance of this 1000 hectare of potential seafront living, integrated green spaces and expanded commercial district. The integration of Sentosa and Pulau Brani may pave the way for a greater tourism and lifestyle offerings to the region. This has attracted investors into the sector, snapping up prime real estate to take advantage of the potential upside when the Greater Southern Waterfront is completed.

Read what investors are saying in the Avenue South Residence Review .

AVENUE SOUTH RESIDENCE IN THE NEWS

UOL Land Group saw the opportunity of the Greater Southern Waterfront to bid for the Silat Avenue Site under the Government Land Sales, and being the sole bidder for the piece of land, they won the bid at about $1138 per square feet per plot ratio. With such a cheap land cost, they are able to launch Avenue South Residence starting from $858,000 for a city fringe residential development in August 2019. Not only does the development boast of 1074 residential units, it also has about 10,000 square feet of commercial space to support the residents. What’s interesting is the income from the lease of the commercial spaces will be given back to the MCST of the condominium to help defray some of the costs to maintain the buildings. With about 70% of the units in Avenue South Residence being 1 or 2 bedroom units, the developer has priced the condo units such that half are less than $1.5million, so that buyers can have more than enough choices. The Avenue South Residence condo is expected to complete by 2023.

If you will like to find out more on the available units remaining, kindly make an appointment with us to visit the Avenue South Residence Showflat today!