Avenue South ResidenceEugene Koh's Property Review: Avenue South Residence by UOL group and Kheng Leong Co. The area not only has the benefit of a 99-year lease, but it also has zoning designated for at least 910,000 square feet that can be utilized for storefronts on the first story of the property and residences on the second story of it. The property was awarded to the lone bidder, which was the UOL Group and their subsidiaries.
While originating in 1949 as a spice trading company, the group has since become one of the region's leading real estate investment corporations, With an ever-growing portfolio of premium condo avenue south residence price and commercial developments across Asia, Australia and the United States, Kheng Leong are synonymous with the high development standards that are expected in the South Avenue Residence.
The consortium behind Avenue South Residence - UOL Group, its subsidiary United Industrial Corporation, as well as Kheng Leong Company - expects it to draw interest, pointing to upcoming projects in the vicinity such as the Greater Southern Waterfront.
Avenue South Residence Silat Avenue will be located near to schools around Outram MRT Station such as Cantonment Primary School, Radin Mas Primary School, Gan Eng Seng School, Bukit Merah Secondary School, Zhangde Primary School Bukit Merah Primary School and Outram Secondary School.
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.
The consortium behind Avenue South Residence - UOL Group (UOL), its subsidiary United Industrial Corporation Limited (UIC) and Kheng Leong Company - expects it to draw interest from both owner-occupiers and investors, pointing to upcoming projects in the vicinity such as the Greater Southern Waterfront.
With the development of Greater Southern Waterfront which is a five-minute drive from Avenue South Residence, and the expansion of two Integrated Resorts - Resorts World Sentosa and Marina Bay Sand which is expected to birth 5,000 new jobs; we can look forward to more housing, commercial and entertainment opportunities in these areas.
The condominium development is located in District 19, which is on the corner of Sengkang Central and Compass vale Bow and will be easily accessible from the closest stations in Buangkok (NE15), the Renjong Station, as well as the Ranggung LRT Station.
Still taking into consideration Singapore's reputation as the City in a Garden”, this new district at Avenue South Residence location at Tanjong Pagar city fringe is still going to be part of nature as it will run along Kent Ridge Park to Mount Faber Park.