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Avenue South Residence is a newly launched 99 years leasehold residential development that is located around the Keppel Road and Keppel Viaduct area, along Silat Avenue and Kampong Bahru Road. The upcoming condominium development, Avenue South Residence site, was sold to UOL Group who made a winning bid of $1.035 billion.
The consortium includes the wholly-owned subsidiary UOL Venture Investments (UVI), United Industrial Corporation Limited (UIC), and Kheng Leong Company (KLC). The different branches of UIC include the Singapore Land Limited and the Marina Centre Holdings Pte Ltd.
With a total land area of 245,972 square feet and a gross plot ratio of 3.7, Avenue South Residence consists of two 56 storeys towers that house 8 commercial units and 1074 units of apartment units – unit types include 1 bedroom (527 sqft), 2 bedroom (657 sqft), 2 bedroom premium (732 sqft), 3 bedroom (947 sqft), and 4 bedroom units. Avenue South Residence allows both serenity and urban living to coexist, this property at Silat Avenue is highly appealing to homebuyers in search of a home that provides the tranquillity of green surroundings and an extensive array of amenities in close proximity.
The Avenue South Residence developer consist of the UOL Group being a large part of the developer tripartite alongside United Industrial Corp (UIC) and KLC, which is originally a spice trading company. The Avenue South Residence is in good hands given the UOL Group reputable property developments projects and track record; it is one of the largest and most well-regarded property developers in Asia Pacific region such as Singapore, Hong Kong and Shanghai.
Located at Silat Avenue, its extensive real estate portfolio includes residential and commercial properties, hotels and serviced apartments. A few of their more well-known projects are The Tre Ver at Potong Pasir, Singapore Land Tower, Clifford Centre, The Ansley, Principal Garden, Tudor Ten, Terrene @ Bukit Timah, and Amber 45 that both have outstanding appeal among homebuyers.
Location: 1, 3, 5, 7, 9, 11 & 13 Silat Avenue, Singapore 160018
Property Type: 5 Blocks Of 4-Storey Apartment (Heritage Collection), 2 Blocks Of 56-Storey Apartment (Horizon Collection / Peak Collection), Sky Gardens, Sky Courts, Basement Carpark & Communal Facilities
No. Of Units: 1,074 Residential Units
Carpark Lots: 988 Lots (Excluding 5 Commercial & 3 Handicap)
Tenure: 99-Year Leasehold From 14th Aug 2018
Expected TOP (Temporary Occupation Permit): 15 May 2023
Site Area: 245,975 square feet
Land Price: $1,600 per square feet per plot ratio (psf ppr)
Gross Floor Area: 910,096 square feet
Expected CSC (Certificate of Statutory Completion): 15 May 2026
Land Size: 22,851.6 Sqm
Developer: United Venture Development (Silat) Pte Ltd
Architect: ADDP Architects LLP
Landscape Consultant: Ramboll Studio Dreiseitl (RSD)
M&E Engineer: –
C&S Engineer: –
Developed by the UOL Group, Avenue South Residence location places the property in close proximity to Outram MRT Station, located along the East-West Line. All residents need to do is take a short bus trip to easily access Outram MRT Station.
Moreover, Dhoby Ghaut MRT Station is just one stop away from Avenue South Residence, providing residents with access to the North East Line, Circle Line and the North-South Line. Nearby train stations also include Redhill MRT station and Outram Park MRT station. Commuters can also look forward to the upcoming Cantonment MRT Station and Keppel MRT Station that will open by 2025; linking them to many other parts around Singapore.
Drivers would like and enjoy similar convenience as the site offers quick access to Central Expressway (CTE), Marina Coastal Expressway (MCE) and Ayer Rajah Expressway (AYE) in less than five minutes; connecting them to both the Central Business District and Marina Bay Financial District in the downtown core and central region.
There are also numerous bus stops within a close radius of Avenue South Residence that offers bus service 61, 124, 143 and 166, as well as the new bus interchange terminal in Spooner Road that allows for an easy commute to all parts of the island.
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Avenue South Residence provides high connectivity to a myriad of amenities nearby at the city centre. Located just a few minutes drive away is one of the biggest malls in Singapore, VivoCity. Deemed as one of the largest retail and lifestyle malls, VivoCity offers a wealth of retail and dining options, as well as other services. These include Tangs Departmental Store, Golden Village Cinema and banking services like DBS, HSBC, ICBC, Standard Chartered and UOB that are all located within the same mall.
Situated right beside VivoCity is HarbourFront Centre that functions as both a shopping centre as well as a ferry terminal. The ferry terminal services ferries and ships that transport visitors to and fro several parts of Malaysia and Indonesia, making it extremely convenient for residents who wish to embark on a quick weekend getaway out of this busy island.
Chinatown Complex, Bukit Merah Market, Lau Pa Sat  and People’s Park Complex Food Centre are also a walk away from Avenue South Residence, giving residents a taste of Singapore’s delectable local dishes as and when they like. Other shopping malls nearby include Tiong Bahru Plaza.
Residents of Avenue South Residence who enjoy frequenting the town area will be pleased to know that the Orchard Road Shopping Belt is accessible via a short drive or train ride. Shopping malls located around the central region include Marina Square, Raffles Place, Ion Orchard, Orchard Central, 313 @ Somerset and Paragon Shopping Centre that features many upscale and luxury brands, as well as an endless list of notable restaurants and diners.
The Singapore General Hospital and the National Heart Centre are located right beside Avenue South Residence Condo, providing world-class healthcare services and facilities 24/7. Families and elderly residents can enjoy the convenience of being situated so close to these healthcare services provided by the Singapore General Hospital, especially when it only requires a short drive to get there.
Other healthcare facilities located near Avenue South Residence include Mao Medical Centre & Surgery and Outram Community Hospital; both of which consist of a group of highly-trained professionals who are able to effectively meet the needs of their patients.
There are numerous reputable schools located near Avenue South Residence Condo for families to enrol their children in. Some of these include CHIJ St. Theresa Convent School, Radin Mas Primary School, CHIJ Kellock Primary School and Cantonment Primary School.
With these top-ranking institutions situated in close proximity to the Avenue South Residence, families can be assured that their children will have a higher chance of getting enrolled.
Moreover, dropping off their kids at school before heading to work will be a breeze as well. Other nearby institutes and schools also include National University of Singapore, Management Development Institute of Singapore, Singapore Polytechnic, Zhangde Primary School, Alexandra Primary School, Gan Eng Seng School, Bukit Merah Secondary School, Henderson Secondary School and Outram Secondary School.
Residents would like the green spaces and recreational areas that are within walking distance from the Avenue South Residence. These include Bukit Purmei Hillock Park, Rail Corridor, West Coast Park, Labrador Park, Kent Ridge Park, Mount Faber Park, Telok Blangah Hill Park and HortPark where residents can engage in their favourite recreational activities. There are also several playgrounds available for the younger ones to stay entertained.
Furthermore, there is the Singapore Mariner’s Club at Maritime House that is just a short drive away, which offers an array of sporting and recreational activities for users to engage in; as well as occasional competitions and tournaments like futsal and bowling that individuals can take part in.
One of the greatest appeals of Avenue South Residence is its access to unobstructed sea and city views, especially when it comes to the highly anticipated Greater Southern Waterfront in the future. Equipped with a sun deck and rooftop relaxation areas, residents can enjoy calming views of the skyline and sea waves while perched on high ground.
Residents of Avenue South Residence will have access to a range of services and concierge. Residents who are sports activists can enjoy complimentary fitness classes in the compound itself, as well as free bus services to several places around Singapore. Example of the condo facilities include BBQ pits, function rooms, a tennis court, a swimming pool, and a childcare centre.
Pet owners can engage pet services within the site to tend to the needs of their pets. Private chefs and housekeeping services are also available on-demand, on top of interior design services; all of which are exclusive to residents at Avenue South Residence.
Apart from the condo facilities and services, residents of Avenue South Residence will also be able to relish the top-quality furnishes and finishings in every unit. Each unit is equipped with a safe and secure Samsung Digital Lockset, ensuring residents with high-quality security.
Built-in wardrobes with laminate and melamine finishings as well as the De-Dietrich kitchen appliances guarantee utmost durability coupled with a sleek aesthetic as well. On top of that, there are smart home features like the Smart Home Hub that provides the latest technology for every home in Avenue South Residence.
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One of the unique selling points of this Avenue South Residence is its potential increase in demand due to the development projects and plans of the 2019 Urban Redevelopment Authority (URA) Master Plan. The URA, in its Greater Southern Waterfront plans, indicated their interest in expanding the area, building more offices, and increasing commercial activities. Moreover, the site is located next to the section of the Rail Corridor that the government has plans to turn into a community space for the residents.
With these revitalization plans, owning a unit in Avenue South Residence will translate to optimal investment opportunities for investors, as the rental price points will definitely increase over time.
Coupled with the upcoming Cantonment MRT Station and Keppel MRT Station that is expected to be completed by 2025, Avenue South Residence will definitely become an attractive proposition for investors and homebuyers alike.
Furthermore, its close proximity from the site to Outram Park MRT Station that connects residents to the business district area is definitely a plus point for individuals working in that area; making commuting less troublesome and much more convenient. Along with the completion of the new MRT stations such as Cantonment MRT station which is just a short walk away in the near future, travelling to other parts of Singapore will also become extremely easy.
All kinds of homebuyers; be it couples who are planning to start a family in a comfortable home or single workaholics who wish to beat the peak hour traffic by staying near their workplace in the Central Business District (CBD) area such as Marina Bay and Raffles Place should buy a unit in Avenue South Residence.
With the convenience that comes with purchasing Avenue South Residence, working adults can easily travel to all parts of Singapore and parents can drop their kids off at school before heading to work.
Our review on Avenue South Residence is that it is definitely an attractive property worth purchasing as a home or as an investment plan. With the ongoing revitalization plans in the Greater Southern Waterfront area, the price and demand for units at Avenue South Residences will certainly be on the rise. Its convenience to many expressways and accessibility to various MRT station and bus services also make it extremely worth buying.
In addition, the wealth of amenities available in the vicinity like reputable schools, shopping centres, dining options and healthcare facilities make living at Avenue South Residence so convenient and hassle-free. Along with the unobstructed scenic views of the Greater Southern Waterfront and specialized services exclusive to residents, individuals will be able to enjoy both the tranquillity and luxury of urban living in Avenue South Residence.
In conclusion, Avenue South Residence is a highly sought-after property site that is expected to rise in demand over the next few years due to the development of the Greater Southern Waterfront. Homebuyers can enjoy the ease of getting to places around the island while delighting in the serenity of the greenery that populates its surroundings.
If you are interested in finding out more about the Avenue South Residence floor plans, price guide, or visit the Avenue South Residence showflat, do not hesitate to contact us and feel free to drop by the show flat at Alexandra View to see how the property will turn out. All rights reserved.
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