Avenue South ResidenceAvenue South Residence, a new launch condominium development conveniently located next to Outram and the Central Business District (CBD). If you opt to buy a three-bedroom unit at Avenue South Residence to comfortably fit your growing family or planning to rent it out to families in the future and the price is at $1,600,000 which is reflective of the market value, your Buyer's Stamp Duty (BSD) is $48,600.
By choosing a location that blends the tranquility of its green surroundings with the amenities of urban living, the Avenue South Residence avenue south residence price condos are certain to draw attention from both investors and those looking to enjoy life in the beautiful Central Region of Singapore.
UOL Group probably requires no additional introduction as it is one of the most important and most famous property developers in Singapore and a few of its major investors are none besides United Overseas Bank (UOB) — one of the best 3 financial institutes in Singapore.
In particular, properties that are near to the city centre is highly sought after as there is a limit of available land for new launches since the Central Business District is almost fully build up including areas near to Outram MRT Station and Outram Park.
Located in Outram Park neighborhood, surrounded by many incredible and active-living neighborhoods, which includes Tiong Bahru Neighbourhood, several food shopping stores, and entertainment options, the family-friendly lifestyle experience adds to the charm of living in Avenue South.
Avenue South Residence holds the advantage of being enviably positioned in close proximity to both primary and secondary schools of reputable quality, including Gan Eng Seng School, Crescent Girl School, Queenstown Secondardy School, LKC School of Business and etc.
The following image from EdgeProp shows some recent developer sales units in district 3 including Stirling Residences as well as others like Queens Peak and Commonwealth Towers As for the Avenue South Residence price, the land price translates to about S$1138 per ppr and the break even price should be around S$1600 per square foot per plot ratio.
It is also at the fringe of the most talk about Greater Southern Waterfront where the Prime Minister touched on during the recent 2019 National Day Rally that will rejuvenate the southern part of Singapore in the next 5 to 20 year based on the Master Plan.
As for the Greater Southern Waterfront , this development will generate an increase in housing, taking place on land which is double the size of Punggol town, rising commercial and entertainment opportunities will form office districts with nightlife, linkable parks and even a new resort.