What Is New In River Valley Condo Skyline?
The Avenir condo is a 99 years leasehold advancement which lies in 4th Opportunity, along Bukit Timah Road in district 10 of Singapore, and the very best quality to this plot of land; Sixth Opportunity MRT is right besides the advancement, which makes it very convenient for the future residents to commute around.
The Avenir Singapore is sited on 2 4th Opportunity, offered under Federal government Land Sale in Dec 2017. This is an unusual piece of land which is so strategically located and huge in size, uncommon to be found in this area.
The Avenir River Valley land lease is only 99 years, and it may seem like a downside, when surrounding homes are mainly freehold, however due to its close proximity to Sixth Ave MRT Station, it has more than compensate the fact that it is a leasehold property. Close proximity to MRT brings along significant convenience to homeowners in the The Avenir, and it will certainly attract both individuals and financiers who are seeking to make this job their house.
This plot of land was purchased by Allgreen Characteristic Ltd for $533m, and with a land size of 199,481 sqft and a plot ratio of 1.8, the site reflects a land rate of $1,540 psf ppr.
This website, with a gross flooring area of 358,932 sqft, can be constructed into a 450 system development, a really substantial scale offered that this location consists mainly of landed houses and small condo advancement.
Expert from Cushman & Wakefield anticipates the The Avenir price (The Avenir condo psf or The Avenir condo prices) to be about $2,250 averagely when it begins selling in 2nd half of 2018, and this is presuming that the designer’s profit margin is 10% of the gross development value.
The Avenir presents a really good chance for both financiers and buyers who are looking to buy it as their house stay. In brief, The Avenir location (The Avenir condo location) is very main that it enables you to travel to any parts of Singapore in a short while. The Avenir sit in a serene and high end estate centrally located that is unparalleled with a MRT connection that is underground and that by itself will be attractive to many buyers to be.
The Avenir Floor Plan (The Avenir Condo Floor Plan) will primarily most likely consist of 1 to 5 bedroom unit to deal with families of various group and we can be sure that The Avenir layout will be efficient.