Latest Updates from Avenue South Residence Developer

1Q2022: Avenue South Residences Showroom has re-opened for showflat visits. All visits are by appointment only for crowd control purposes. There will be safe distancing measures and contact tracing applicable for physical showroom visits (as allowed), virtual tours are available. Please use contact form to arrange for assistance. Thank you.

02/03/2020: Heritage Units are fully sold. 1br from 1.0xm. Register for applicable discounts.

3Q2019: Register your interest with us for priority viewing and advance information.

[See Condo Details]

Avenue South Residence Prices – Pricing & Estimated PSF

No. of Rooms Unit Type Sqm Sqft No. of Units Stack Price Min. Price Max.
1 Bedroom A2 (Horizon) 49 527 64 29, 39 $1,267,000 $1,280,000
A2 (Peak) 49 527 38 29, 39 $1,288,000 $1,387,000
A1 (Horizon) 49 527 64 34, 44 SOLD SOLD
A1 (Peak) 49 527 40 34, 44 $1,253,000 $1,288,000
1 Bedroom Classic AC2 (Heritage) 46 495 18 01, 05, 07, 11, 13, 17 SOLD SOLD
AC1 (Heritage) 44 474 18 02, 06, 08, 12, 14, 18 SOLD SOLD
2 Bedroom B1 (Peak) 61 657 80 28, 33, 40, 45 $1,506,000 $1,714,000
B1-1 (Horizon) 61 657 64 28, 40 SOLD SOLD
B1 (Horizon) 61 657 64 33, 45 SOLD SOLD
2 Bedroom Classic BC1 (Heritage) 75 807 12 20, 21, 24, 25 SOLD SOLD
BC1-G (Heritage) 61 657 4 20, 21, 24, 25 SOLD SOLD
2 Bedroom Classic Premium BC2 (Heritage) 75 807 18 03, 04, 09, 10, 15, 16 SOLD SOLD
2 Bedroom Premium BP2 (Horizon) 67 721 52 30, 38 SOLD SOLD
BP2 (Peak) 67 721 26 30, 38 SOLD SOLD
BP3 (Horizon) 68 732 64 32, 46 SOLD SOLD
BP3 (Peak) 68 732 38 32, 46 $1,669,000 $1,736,000
BP3-PH (Peak) 82 883 2 32, 46 $1,842,000 $1,861,000
BP1 (Horizon) 64 689 47 35, 43 SOLD SOLD
BP1 (Peak) 64 689 34 35, 43 $1,597,000 $1,665,000
3 Bedroom C1 (Horizon) 88 947 63 36, 42 SOLD SOLD
C1 (Peak) 88 947 38 36, 42 $2,171,000 $2,235,000
C1-PH (Peak) 104 1,120 2 36, 42 $2,357,000 $2,357,000
3 Bedroom Classic CC1-G (Heritage) 88 947 4 19, 22, 23, 26 SOLD SOLD
3 Bedroom Premium CP1 (Horizon) 103 1,109 64 27, 41 SOLD SOLD
CP1 (Peak) 103 1,109 38 27, 41 $2,649,000 $2,676,000
CP1-PH (Peak) 121 1,302 2 27, 41 SOLD SOLD
3 Bedroom Premium Classic CC1 (Heritage) 93 1,001 12 19, 22, 23, 26 SOLD SOLD
4 Bedroom Premium DP1 (Horizon) 139 1,496 64 31, 37 $2,790,000 $3,199,000
DP1 (Peak) 139 1,496 38 31, 37 $3,304,000 $3,432,000
DP1-PH (Peak) 155 1,668 2 31, 37 SOLD SOLD

(All prices for Avenue South Residence displayed here are for NPS and are for reference purposes. Prices are subject to change from time to time without prior notice. This webpage cannot be held responsible for any inaccuracies, omissions and/or dispute.)

  • Avenue South Residence Prices shown are based on last available, with a higher Price PSF point for smaller units and higher PSF for bigger units.
  • Please check with our sales associates for any requests on unit prices.
  • Avenue South Residences are basically widely categorised into ‘Heritage Blocks’ and ‘Horizon and Peak Blocks’.
  • Heritage Blocks (Blk 1, 3, 5, 7, 9), which are up to 4 storey high, with a ceiling height of 2.6m. Level 1 is child care centre (provided to be confirmed), and consisting of 7 retail shops.
  • Horizon and Peak Blocks have a ceiling height of 2.79m to 2.9m. Horizon category units are from level 3 to level 36, Peak category units are from 37th and up. Furnishings between Horizon and Peak units will be different.
  • Avenue South Residence TOP is expected to be 2023-2024, subject to changes. Legal Completion is 2026
  • Refer to table below for price reference:
Unit Type Estimated Price
1 Bedroom 1.062m to 1.358m
1 Bedroom Classic Sold Out
2 Bedroom Classic Sold Out
2 Bedroom Premium 1.382m to 1.823m
3 Bedroom Classic Sold Out
3 Bedroom Premium 1.992m to 2.704m
4 Bedroom Premium Horizon 2.646m to 3.035m
4 Bedroom Premium Peak 3.205m to 3.519m
Latest Updates from Avenue South Residence Developer

1Q2022: Avenue South Residences Showroom has re-opened for showflat visits. All visits are by appointment only for crowd control purposes. There will be safe distancing measures and contact tracing applicable for physical showroom visits (as allowed), virtual tours are available. Please use contact form to arrange for assistance. Thank you.

02/03/2020: Heritage Units are fully sold. 1br from 1.0xm. Register for applicable discounts.

3Q2019: Register your interest with us for priority viewing and advance information.

[See Condo Details]

Site History

The tender for Silat Avenue government land site closed on April 26 with just one bid. The sole bid of $1.035 billion or $1,138 psf per plot ratio (ppr) came from Singapore-listed UOL Group in a joint venture with sister companies, United Industrial Corp and Kheng Leong Company.

The 245,975 sq ft government land site at Silat Avenue is located just off Kampong Bahru Road and has the potential to yield an estimated 1,125 residential units. “Developers tend to be cautious when it comes to bidding for sites with more than 1,000 residential units”, notes Desmond Sim, CBRE head of research for Singapore and South East Asia.

Source: Edgeprop

Avenue South Residence Location Map
Avenue South Residence POI

Price Bid History

  • Silat GLS
  • Avenue South Residence Silat Avenue 99-year leasehold plot has a maximum permissible gross floor area of 84,551 square metres or 910,099 sq ft, which means the tender price is equivalent to around S$1,137 per square foot. An estimated 1,125 housing units can be built while about 450 sq m can be set aside for commercial space on the ground floor.
  • The site is almost similar in size to a residential plot in Queenstown that was clinched by China’s Nanshan Group and Hong Kong’s Logan Property for S$1.003 billion, or S$1,051 psf, in May last year.
  • “Silat Avenue is an appealing site within two kilometers from the Central Business District, and we think the underwhelming tender outcome could be due to the large size of the site and relatively untested location, away from MRT stations”, said Ms Song.
  • She estimated a breakeven price of S$1,600 psf and a selling Avenue South Residence price of between S$1,800 and S$1,900 psf.

For Avenue South Residence Project Details, please click here.

Read more at Straits Time: https://www.straitstimes.com/business/property/ura-tenders-private-residential-sites-at-mattar-road-silat-avenue

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Avenue South Residence Location Landmarks
Site Location - Avenue South Residence