Avenue South Residence, SingaporeEugene Koh's Property Review: Avenue South Residence by UOL group and Kheng Leong Co. UOL Group probably needs no further introduction as it is one of the biggest and most renowned property developers in Singapore and one of its major shareholders is none other than United Overseas Bank (UOB) - one of the top 3 financial institutes in Singapore.
Avenue South Residence is also close to schools such as CHIJ Primary School (Kellock), Radin Mas Primary School, Zhangde Primary School, Cantonment Primary School, Alexandra avenue south residence price Primary School, Gan Eng Seng Primary School, CHIJ Saint Theresa's Convent, Outram Secondary School, Henderson Secondary School and also Gan Eng Seng Secondary School.
The 1.04 billion filed by UOL Group, UIC and Kheng Leong has increased a lot of questions in the real estate market as it feels like the programmer has overpaid to the Silat Avenue website, which can be situated in a comparatively'untested' region with almost no personal residential improvements around.
Being within walking distance of the city's best shopping malls and entertainment centres including Maxwell Food Centre, Chinatown Complex, Lau Pa Sat and People's Park Complex Food Centre is a major benefit, while the Orchard Shopping Belt remains just a five-minute drive for those with cars.
The shopping mall also encompass of a promenade that is for alfresco dining which spans almost 300 m long for future residents of the Avenue South Residence to relish in. The shopping mall also offers open spaces for families to enjoy in. This shopping mall's entrance has a promenade and also water features for kids to play in. There is a wading pool that is located near to the Play court which is a playground for the kids.
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 redevelopment of Marina Bay will attract new business especially in the finance sector will improve the economy boosting potential for high capital appreciation for surrounding properties and Avenue South Residence is amongst the condos set to benefits from this appreciation.
UOL also has a a subsidiary called United Industrial Corporate limited (UIC) in which its stake increased to more than 50% on June 13, 2018 UIC also has developed some residential and other properties but Avenue South Residence will be their signature development in the core city centre.
Extending from Pasir Panjang to Marina East, the transformation of the Greater Southern Waterfront, comprising over 2,000 hectares of prime waterfront land, will contribute to a dynamic city centre with exuberant business and lifestyle opportunities.