Avenue South Residence at Silat Avenue (Bukit Merah) Singapore District 3. The 99-year leasehold tenure for the land has an area of 22,851.6 square meters. Within an accessible distance within various establishments, it proves to have an excellent probability of a good rental yield. With an admissible Gross Floor Area (GFA) of 84,551 square meters, the area will surely be able to cater the much-needed type of home and commercial spaces of various property-seekers.
The developer aims to construct a mixed-use development that presents various units that can be both beneficial to residential property-seekers and business owners. With the conveniences surrounding the site, these will definitely be achieved. This mixed use site attracted bid of more than $1 billion as developers turn bullish in midst of rise in residential market sentiment. Due to the huge land size 1,125 residential units can be build with retail shops on the ground floor.
This new launch condo mixed development at Silat Avenue site is well situated in a blooming area in District 03, Singapore. The area has been well-surrounded with an amazingly wide array of different establishments making it one of the most booming areas in the district. Various reputable schools like Cantonment Primary School and CHIJ St. Theresa’s Convent are nearby.
Recreational establishments and shopping malls surround the area. Some on the list mentioned AA Recreational Centre, Robertson Walk, Great World City and Amped Trampoline Park – River Valley. Additionally, various food centers and known restaurants are within the immediate distance from the site.
Avenue South Residences Total 1074 Units
(988 Units at Tower Block and 86 Units at Heritage Block)
| Transport | Education | Amenities |
| Outram MRT Central Expressway (CTE) Marina Coastal Expressway (MCE) Ayer Rajah Expressway (AYE) |
Zhangde Primary School Radin Mas Primary School American College Outram Secondary School CHIJ Primary Eton House International School Shelton College International |
Great World City Vivo City Tiong Bahru Plaza Singapore General Hospital Chinatown Point |
The developer is known for the various real estate developments that it has handled. The projects that this developer proves to have a high standard and provide magnificent architectural designs that are attractive not only to property-seekers but also investors both foreign and local. The developers is a consortium by UOL, Kheng Leong and UIC homes, being the sole bidder as they put up offer at $1.035 billion. This work out to be about $1,137 psf ppr.
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Avenue South Residences Sales Team
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