Simply Love River Valley Area
The Avenir condo is a 99 years leasehold development which is situated in Fourth Avenue, along Bukit Timah Road in district 10 of Singapore, and the very best credit to this plot of land; Sixth Opportunity MRT is right besides the development, makings it really hassle-free for the future homeowners to commute around.
The Avenir Singapore is sited on 2 4th Avenue, offered under Federal government Land Sale in Dec 2017. This is an unusual piece of land which is so strategically located and huge in size, uncommon to be found in this location.
The Avenir River Valley land lease is only 99 years, and it might appear like a drawback, when surrounding properties are generally freehold, however due to its close distance to Sixth Ave MRT Station, it has more than compensate the truth that it is a leasehold residential or commercial property. Close proximity to MRT brings along substantial benefit to residents in the The Avenir, and it will absolutely attract both investors and individuals who are aiming to make this task their house.
This plot of land was purchased by Allgreen Properties Ltd for $533m, and with a land size of 199,481 sqft and a plot ratio of 1.8, the website shows a land rate of $1,540 psf ppr.
This site, with a gross floor area of 358,932 sqft, can be built into a 450 unit advancement, a very sizable scale considered that this location consists generally of landed houses and little apartment development.
Expert from Cushman & Wakefield anticipates the The Avenir Price (The Avenir condo psf or The Avenir condo prices) to be about $2,250 averagely when it begins selling in second half of 2018, and this is assuming that the developer’s revenue margin is 10% of the gross development worth.
The Avenir provides a really excellent opportunity for both buyers and investors who are looking to buy it as their home stay. In brief, The Avenir location (The Avenir condo location) is exceptionally main that it allows you to travel to any parts of Singapore in a short while. The Avenir sit in a serene and upscale estate centrally located that is unparallel with a MRT connection that is underground and that by itself will be attractive to lots of purchasers to be.
The Avenir Floor Plan (The Avenir Condo Floor Plan) will mainly likely include 1 to 5 bedroom system to accommodate households of various market and we can be sure that The Avenir layout will be efficient.