New Kid On The Block In River Valley
The Avenir condo is a 99 years leasehold development which is located in 4th Opportunity, 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 advancement, makings it extremely practical for the future residents to commute around.
The Avenir Singapore is sited on 2 Fourth Avenue, sold under Government Land Sale in Dec 2017. This is an uncommon piece of land which is so strategically situated and big 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 downside, when surrounding homes are primarily freehold, however due to its close distance to Sixth Ave MRT Station, it has more than compensate the truth that it is a leasehold property. Close proximity to MRT brings along significant convenience to homeowners in the The Avenir, and it will absolutely interest both investors and individuals who are looking to make this job their house.
This plot of land was purchased by Allgreen Characteristic Ltd for $533m, and with a land size of 199,481 sqft and a plot ratio of 1.8, the site shows a land rate of $1,540 psf ppr.
This site, with a gross flooring area of 358,932 sqft, can be constructed into a 450 unit development, a really substantial scale considered that this area consists generally of landed homes 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 starts selling in 2nd half of 2018, and this is presuming that the designer’s earnings margin is 10% of the gross advancement worth.
The Avenir presents a very excellent chance for both investors and buyers who are looking to buy it as their home stay. In brief, The Avenir location (The Avenir condo location) is very central that it permits you to take a trip to any parts of Singapore in a short while. The Avenir sit in a serene and upscale estate centrally located that is unparalleled with a MRT connection that is underground and that by itself will be attractive to numerous buyers to be.
The Avenir Floor Plan (The Avenir Condo Floor Plan) will mainly most likely include 1 to 5 bed room system to deal with households of different demographic and we can be sure that The Avenir layout will be effective.