Address: Silat Avenue
District: D3 – Queenstown, Tiong Bahru
Developer: UOL, Kheng Leong, UIC
Tenure: 99 years leasehold
Expected TOP: 15 May 2023
Land size area: 245975 sqft
Total no. units: 1074
Virtual tours of the individual unit types are available upon request. Meanwhile, please enjoy the videos on the development and the Greater Southern Waterfront transformation.
(Based on Edgeprop, Land Sales)
Land cost – 1138 psf
Construction, land financing, professional, legal, taxes, marketing and other cost ~ 541 psf
Breakeven cost ~ 1679 psf
Some indicative pricing for best buys units:
2 Bedroom Premium
3 Bedroom Premium
4 Bedroom Premium
*updated on 11 August 2020
Cantonment MRT (upcoming) – 0.7km
Keppel MRT (upcoming) – 0.8km
Outram Park MRT – 1.2km
Tiong Bahru Plaza – 2.0km
Vivo City – 2.4km
Raffles City – 4.0km
Suntec City – 4.7km
Ion Orchard – 5.1km
CHIJ Kellock – 0.4km
Radin Mas Primary School – 1.0km
Zhangde Primary School – 1.5km
CHIJ St Theresa’s Convent – 1.3km
Gan Eng Seng Secondary – 2.0km
Shelton International College – 1.5km
Duke NUS Graduate Medical School – 1.2km
Singapore General Hospital – 0.9km
Mount Faber – 1.6km
Sentosa – 3.5km
Marina Bay – 3.8km
UOL Group Ltd is one of Singapore’s leading public-listed companies with an extensive portfolio of development and investment properties, hotels and serviced suites.
UOL strongly believes in delivering product excellence and quality service in all its business ventures. Their list of property development projects includes residential units, office towers and shopping malls, hotels and serviced suites. UOL, through it’s hotel subsidiary Pan Pacific Hotels Group Limited, owns and /or manages over 30 hotels, resorts and serviced suits in Asia, Oceania and North America under three acclaimed brands, namely “Pan Pacific”, PARKROYAL COLLECTION and PARKROYAL.
UOL is dedicated to creating a masterpiece in every project and believes in going beyond providing a fine-living environment. With an emphasis on stunning architectural design UOL strive to build icons of class and distinction that truly cater to the homebuyers’ need for a lifestyle choice.
Some of UOL’s recent projects include Meyer House, The Tre Ver, Amber 45, The Clement Canopy, Principal Garden, Botanique at Bartley etc.
Assessment of Avenue South Residences
· Extremely reputable developer with solid track record
· Located at the doorstep of the upcoming major transformation – Greater Southern Waterfront, immense potential for capital appreciation. Consider how property prices in the Marina Bay area has appreciated post transformation.
· Very reasonable entry price as compared to the other developments in the same district
· The development is not the nearest to the existing Outram MRT station, nonetheless, the upcoming Cantonment MRT will give the residents more convenience once it’s completed in 2025. On the bright side, there are buses located outside the development which allows one to reach Outram MRT station in 5 minutes Habourfront MRT in 6 minutes.
At SG First Home, we respect the importance of customer privacy, if you would like to request for a follow-up and the latest updates (including the complete set of floor plans, e-brochure, price changes, our assessment on the potential of Avenue South Residences as well as the choice units within the development), please leave us your contact details and we promise to get back to you within 2 working days.