It’s been a long time since you get almost all ticks in a home that could be a great investment in the market.
Avenue South Residence’s Details
Avenue South Residence is located at Silat Avenue with a land parcel size of approximately 22,851 sqm. It comprises of 1,074 dwelling apartments and will come with two towering 56-storey towers, 5 4-storey blocks comprising of apartments, shops and a childcare centre. It’s principle architect is ADDP and the building construction is slated to complete in 2Q 2023.
UOL top the bid of the HDB Government Land Sales two days ago amongst 7 other bidders to the plot at $262.1m (about $488.84 per square foot per plot ratio (psf ppr))
Just right by Punggol Reservoir, this is probably the drawing point for UOL’s new nature enclave residential project in the vicinity.
District 28 seems to have quite a fair bit of sales activity, especially pertaining to first time buyers. H2O Residences (a CDL project) has recently sold over 90% of their units and have also revised their pricing after the winning land bid.
[block type=”download”]View the winning bid details from HDB here[/block]