Avenue South Residence

Apartment · in Bukit Merah, District 3, Singapore · 99 yrs from 14/08/2018 · Completed 2023

Data through 28 September 2026

Avenue South Residence property photo and location

Intro: 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 🚆.

D3RCRCentralBukit Merah

REALSCOREⓘ

Profitability rank across Singapore

3.0

User Score

User ratings for this property

4.5

Annual Returns

Avg annualized profit (past 1y)

1.7%

< 1km

MRT Station

Mega

Development

< 10y

Property Age

Near

$1M+ HDB

> 1K

MOPs in Town

100%

Profitable

Top 20

Schools

50+

Deals Past Yr

Avenue South Residence project details

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

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

Winning Tender

1035300000.00

Land Rate (GFA)

12244.68

Land Rate (ppr)

1137.57

Max GFA (Est.)

84551.00

Estimated Units

1125

MRT and LRT stations near Avenue South Residence

Keppel702 m MRTCC30
Cantonment850 m MRTCC31
Outram Park967 m MRTMRT

See details on nearby stations

Primary schools near Avenue South Residence

Chij (Kellock)200 m
Radin Mas Primary School604 m
Zhangde Primary School916 m

See details on nearby schools

Avenue South Residence price, PSF and transaction trends

72%

Sold At Launch

39%

HDB Buyers

$2.1B+

Total Transacted

06-09-2019

First Transacted

28-09-2026

Last Transacted

1,241

Total Transactions

Avenue South Residence transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for Avenue South Residence, the median price was S$1,440,000 and the median PSF was S$2,044 psf. The newest record shown is from 28 September 2026. The annual project median was 11.0% higher in 2026 than in 2019; unit mix can affect year-to-year comparisons.

Recent Avenue South Residence transactions

Date	Sale type	Price	PSF	Size
28 September 2026	Resale	S$1,795,000	S$2,452 psf	732 sqft
17 September 2026	Resale	S$950,000	S$1,801 psf	527 sqft
7 September 2026	Resale	S$1,280,000	S$1,949 psf	657 sqft
26 August 2026	Resale	S$1,028,888	S$1,951 psf	527 sqft
25 August 2026	Resale	S$1,078,000	S$2,044 psf	527 sqft

Avenue South Residence median transaction PSF (S$)

Avenue South Residence annual price trend

Year	Median price	Median PSF	Recorded sales
2026	S$1,560,000	S$2,163 psf	37
2025	S$1,626,000	S$2,282 psf	60
2024	S$1,688,000	S$2,292 psf	48
2023	S$1,648,000	S$2,298 psf	21
2022	S$1,701,500	S$2,356 psf	162
2021	S$1,709,000	S$2,224 psf	305
2020	S$1,479,200	S$2,050 psf	195
2019	S$1,364,000	S$1,949 psf	413

94.6%

% Profitable

158

Profitable

Unprofitable

> 6% Annualized

4.8 yrs

Avg Holding

$30.9M

Total Profits

Avenue South Residence annualized profit %

View full details

Avenue South Residence rental prices and estimated yield

Past 1 month

$6.40

Avg PSF Rental

170

No. of Rentals

3.5%

Est. Rental Yield

Among the latest 12 recorded rental contracts for Avenue South Residence, the median monthly rent was S$4,100, with records ranging from S$3,400 to S$4,500.

Recent Avenue South Residence rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 August 2026	2 BR	S$4,300	S$6 psf	700-800
1 August 2026	2 BR	S$4,350	S$6 psf	700-800
1 August 2026	2 BR	S$4,100	S$5 psf	700-800
1 August 2026	2 BR	S$4,100	S$6 psf	600-700
1 August 2026	2 BR	S$4,100	S$6 psf	600-700

Avenue South Residence rental volume

View full details

Frequently asked questions about Avenue South Residence

How much do units at Avenue South Residence cost?

The latest 12 recorded sales show a median price of S$1,440,000 and a median of S$2,044 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at Avenue South Residence?

The latest recorded median monthly rent is S$4,100 and the estimated rental yield based on the past six months is 3.5%. Rental yield is indicative and can vary by unit and costs.

Is Avenue South Residence freehold or leasehold?

Avenue South Residence has a tenure of 99 yrs from 14/08/2018.

When was Avenue South Residence completed and who developed it?

Avenue South Residence was completed in 2023, the developer is United Venture Development (Silat) Pte Ltd, and the project has 1,074 units.

Which MRT or LRT station is nearest to Avenue South Residence?

Keppel is the nearest station shown, at an estimated straight-line distance of 702 metres.

Which primary schools are near Avenue South Residence?

The primary schools shown within the page’s one-kilometre search are Chij (Kellock) (200 m), Radin Mas Primary School (604 m), and Zhangde Primary School (916 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 28 September 2026. Figures are indicative and do not constitute financial advice.