Avenue South Residence
REALSCOREⓘ
Profitability rank across Singapore
3.2
User Score
User ratings for this property
4.5
Annual Returns
Avg annualized profit (past 1y)
1.8%
Avenue South Residence stands as a massive twin-tower landmark in Bukit Merah, offering a wide mix of units ranging from efficient 1-bedroom apartments to spacious 4-bedroom premium layouts 🏙️.
Good to know: Features two soaring 56-storey towers that offer expansive city or coastal views 🌊; Located within 1km of several primary schools including CHIJ (Kellock) and Radin Mas Primary School 🏫.
Practical note: While the development provides extensive facilities, residents should note that the nearest MRT access requires a short bus ride or a walk to reach stations like Keppel or Outram Park 🚆.
< 1km
MRT Station
Mega
Development
< 10y
Property Age
Near
$1M+ HDB
50+
Deals Past Yr
> 1K
MOPs in Town
100%
Profitable
Top 20
Schools
Project Facts
Street
Silat Avenue
Developer
United Venture Development (Silat) Pte Ltd
Property Type
Apartment
Completion
2023
Total Units
1,074
Plot Ratio
3.7
Unit Size
474 - 1,668 sqft
Tenure
99 yrs from 14/08/2018
Lease Remaining
91 yrs
Postal Sector
16
GLS Site
Land Use
Residential & Residential with Commercial at 1st Sty
Development Type
Residential & Residential with Commercial at 1st Storey
Site Area
22851.60
Plot Ratio
3.50
Permissible GFA
84551.00
GLS Launch
16-03-2018
Tender Closed
26-04-2018
Awarded
17-05-2018
Awarded To
UOL Venture Investments Pte. Ltd., UIC Homes Pte. Ltd. and Kheng Leong Company (Private) Limited
Bids
1
Winning Tender
1035300000.00
Land Rate (GFA)
12244.68
Land Rate (ppr)
1137.57
Max GFA (Est.)
84551.00
Estimated Units
1125
Nearby Stations
- KeppelCC30
- CantonmentCC31
- Outram ParkMRT
Nearby Primary Schools
- Chij (Kellock)
- Radin Mas Primary School
- Zhangde Primary School
Transaction
72%
Sold At Launch
39%
HDB Buyers
$2.1B+
Total Transacted
06-09-2019
First Transacted
01-07-2026
Last Transacted
1,230
Total Transactions
Transaction Volume
New SaleSub SaleResale
96.2%
% Profitable
150
Profitable
6
Unprofitable
2
> 6% Annualized
4.7 yrs
Avg Holding
$30.1M
Total Profits
Annualized Profit %
Unit Distribution
| Type | Units | % | Size |
|---|---|---|---|
| 1 BR | 242 | 22.50% | 474 - 527 sqft |
| 2 BR | 505 | 47.00% | 657 - 883 sqft |
| 3 BR | 223 | 20.80% | 947 - 1,302 sqft |
| 4 BR Premium | 104 | 9.70% | 1,496 - 1,668 sqft |
Profitability by Block
| Block | Postal Code | Profitable % | Annualized Profit % |
|---|---|---|---|
| 7 | 168875 | 100.0% | 3.0% |
| 9 | 168876 | 100.0% | 3.1% |
| 3 | 168873 | 100.0% | 1.7% |
| 1 | 168872 | 100.0% | 1.7% |
| 11 | 168877 | 96.7% | 2.4% |
| 13 | 168878 | 95.9% | 2.5% |
| 5 | 168874 | 80.0% | 1.7% |
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