Pacific Mansion Morphing In The Avenir In A New Project By GuocoLand
The Avenir condo is a 99 years leasehold development which is located in 4th Opportunity, along Bukit Timah Roadway in district 10 of Singapore, and the very best credit to this plot of land; Sixth Avenue MRT is best besides the development, which makes it very practical for the future citizens to commute around.
The Avenir Singapore is sited on 2 Fourth Opportunity, sold under Government Land Sale in Dec 2017. This is an unusual piece of land which is so tactically situated and big in size, unusual to be found in this area.
The Avenir River Valley land lease is only 99 years, and it might look like a disadvantage, when surrounding properties are mainly freehold, however due to its close distance to Sixth Ave MRT Station, it has more than compensate that it is a leasehold residential or commercial property. Close proximity to MRT brings along considerable convenience to locals in the The Avenir, and it will absolutely appeals to both individuals and financiers who are seeking to make this project their home.
This plot of land was bought 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 website, with a gross floor area of 358,932 sqft, can be developed into a 450 system advancement, a really large scale considered that this location consists generally of landed houses and small condominium development.
Expert from Cushman & Wakefield expects 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 earnings margin is 10% of the gross advancement worth.
The Avenir presents an excellent chance for both investors and purchasers who are looking to buy it as their house stay. This job is so well located in a high end estate and it is situated just besides Sixth Ave MRT Station (Downtown Line). The train is linked to Circle Line 2 stops away, and it benefits homeowners who are operating in the growing office and start-up clusters from One North all the way down to Habour Front Station. It likewise caters very well for people working in Orchard, Raffles CBD and also Paya Lebar/Tai Seng workplace cluters. Simply put, The Avenir location (The Avenir condo location) is extremely main that it enables you to take a trip to any parts of Singapore in a brief while. The Avenir being in a high end and tranquil estate centrally located that is unparallel with a MRT connection that is underground which by itself will be appealing to many purchasers to be.
The Avenir Floor Plan (The Avenir Condo Floor Plan) will mainly likely consist of 1 to 5 bedroom unit to cater to families of various demographic and we can be sure that The Avenir layout will be effective.