The Avenir Condo Review
The Avenir Condo
A fabulous new launch in 2019
Singaporean property market outlook of 2019 is taking a positive turn. Despite, the recent cooling measures and the 2013 property; the real estate sector is slowly recovering with increased demands from both locals and expats.
The Avenir condo is an upcoming new launch located in a very prestigious and well-sought area at River Valley in District 09. The Avenir is amongst one of the largest freehold sites that’s within walking distance to Orchard Road for a new entrant into the market in recent times.
The condo’s site was bought at $SGD 980 million in March 2018, marking one of the most significant sales in a decade up to that time. CBRE brokered the deal, and the deal attracted both local and foreign developers.
The development will consist of 376 residential apartments, all of which are designed to meet the needs of both small and large families. The unit mix of condominium development is yet to be assigned.
The Avenir sprawls over a site area of 11,924.19 m² (128,352 sq ft) with a gross floor area of 45,821.4 m² (493,222 sq ft) that’s spacious enough with all the necessary amenities for ultimate enjoyment of its future residents. The condo also has a plot ratio of 2.8
The condo is a joint development between Hong Leong Holdings Limited, Guocoland Limited, and Hong Realty.
The Avenir Quick Fact Sheet
|Project name||The Avenir|
|Carmel Development Pte Ltd (Joint Venture of Hong Leong Holdings Limited, Guocoland Limited, and Hong Realty)|
|Status Condominium||(No restrictions on foreign ownership)|
|Address||8 River Valley Close, Singapore 238432|
|Site Area||11,924.19 m² (128,352 sq ft)|
|Gross Floor Area||45,821.4 m² (493,222 sq ft)|
|No. of Units||376|
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The fantastic location of The Avenir Condo
Street Directory map of Singaproe
The Avenir condo is a short-walking to Fort Canning Service Reservoir; the reservoir has two sections: water storage and a service reservoir that provides water to nearby condos.
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The park’s green space gives you the refreshing experience you need to escape the hectic lifestyle. At Fort Canning Park you’ll enjoy concerts, celebrations, festivals, and theatre productions.
Google map location
Google Street view location
You needn’t worry if you want to move around and you don’t own a car. The is a bust stop at Saint Thomas Walk which plies various routes making it easy to travel within the city center.
This is a very significant factor; the Raffles place is a 08 minutes’ drive ensuring that working-professionals are always punctual to work. The downtown financial district also presents a myriad of opportunities as residents will be able to interact with experts/professionals and exchange views and ideas.
Raffles’s Place is also the center of art and culture. You can visit the antique museums, learn about the rich history and background of the place.
The strategic location of the Avenir condo means that residents are just a short way from many of Singapore’s best shopping centers and amenities. The Orchard shopping belt is just a mere 3-8 minutes’ drive providing residents with the best fashion and shopping experience.
Shopaholics love District and 9 for good reasons. It is a shopping paradise that any shopping lover will enjoy; there are several shopping malls that will provide you with nearly anything you may need during your stay here.
These shopping and dining amenities can be easily accessed via Future Great World and Somerset MRT station.
Explore different parts of the city by foot or train; the condo is a 15-minute walk according to Google maps.
The Avenir condo is also a 12-minute walk to Somerset MRT station; fitness enthusiast will love this as they’ll be able to burn some calories too and from work. How awesome is that! They will also be able to beat the morning and evening traffic on the roads.
The Avenir is close to the exit and entrance of major expressways. The condo is a 3-6 minutes’ drive from CTE and PIE. It will also take you approximately 9-10 minutes to travel from the Avenir to KPE and MCE that connect the city center to other parts of the Island.
About Developer’s Background
Guocoland is one of the leading real estate developers in Singapore. The holding company is mainly engaged in property development and investment. GuocoLand also has interests in commercial activities like property and hotel management.
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They have constructed over 35 residential condos adding about 1000 units to the Singapore property market.
Hong Realty was founded in 2002, and it’s a subsidiary of Hong Leong Investment Holdings Private Limited. The firm is a majority shareholder of City Developments Limited.
The holding company develops more than 8 million sq ft of residential, retail, lettable office, and industrial space. The group has constructed more than 100 mixed and premium commercial developments and owns over 130 quality residential properties.
Intrepid Investments is a reputable merchant bank that provides providing the capital required for growth and by actively participating in the development of business plans and strategy.
Some of the most stunning projects constructed by the developers include:
Martin Modern also developed by Guocoland.
Wallich Residence also developed by Guocoland, a modern architectural masterpiece that residents will enjoy its chic lifestyle.
The condo’s central location makes it easy to access all sorts of amenities ranging from, supermarkets, food options, cosmetic and departmental stores. This means everything is at a walking distance bringing all the convenience closer to your doorstep.
The Avenir condo near City Square Mall, it’s one of the most popular shopping destinations where you can find item from various countries.
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The Avenir condo near Cold storage Great world, the best place to get fresh food and quality products
The Avenir near Cuppage Plaza, an ample place that will cater for all of you fashion, shopping and daily needs
The Avenir condo near Far East Shopping Centre, an established shopping mall in Orchard Road
The Avenir Condo near Forum shopping mall, its home to some of the biggest international brands
The Avenir near Little Farms Café, the best place to test and enjoy local Singaporean cuisines and delicacies.
The Avenir condo near Kushikatsu Tanaka, a popular dining destination in Singapore.
The Avenir near Tiong Bahru Plaza
The Avenir near The CentrePoint, the ultimate shopping haven
The Avenir condo near Tangs
The Avenir condo near Somerset MRT station, providing direct access to other parts of the city center.
The Avenir condo near Sheng Siong supermarket
The Avenir condo near lucky plaza
The Avenir nearNTUC FairPrice kitchener road
The Avenir condo near Scotts Square, a premier shopping place that houses both international and local brands.
Floor plan Download
The construction of Great World Station on Thomson Line is set to improve the transport sector. Condominiums near transport lines usually fetch higher prices, The Avenir is close to Great world station and will also benefit from increased prices.
According to sales transaction from URA, district 9havesold more properties compared to other regions. With strong sales both buyers and investors will be assured of high premium rental rates and higher occupancy rates.
The government plans to transform the area into a mixed development, Properties here also enjoy high capital appreciation due to their excellent locationwill result in high prices in the future.
The PayaLebar Central is set to be transformed into a housing estate complete with waterfront homes, cycling paths linking the area with the city center. This will make the Avenir Condo a good investment destination for many residents.
Parents with younger children have many options for both primary and secondary education in the vicinity.
The development is designed to make transport to-and-from all of the nearby schools very easy, so that parents save time each day. This additional convenience will make The Avenir condo an attractive development for young families.
Some of the most popular school include:
The Avenir show flat is not ready for viewing by the public. You can drop a note via contact form if you wish to be kept updated when the show flat id opening.
As at this time, the condo’s floor plan has not been published by the developer as they are still pending approval by the relevant authorities.
Based on information provided, the Avenir Condo is a top residential development that will complement your modern lifestyle. Here are some of the reasons why.
The condo is located in a prime location. Its nearby Orchard Road and Marina bay, the condo has great access to MRT, LRT and major expressways making movement easy and hassle free.
Its also close to reputable educational institutions. It’s a walking distance to top eateries and shopping malls.
The Avenir is developed by some of the leading property developers known for curating high-quality and innovative spaces.
The indicative pricing has not yet been made available, hence we cannot give a rating.
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