Avenue South Residence @ Silat Avenue SingaporeEugene Koh's Property Review: Avenue South Residence by UOL group and Kheng Leong Co. UOL Group probably needs no further introduction as it is one of the biggest and most renowned property developers in Singapore and one of its major shareholders is none other than United Overseas Bank (UOB) - one of the top 3 financial institutes in Singapore.
Avenue South Residence is a new residential development comprising 2 stunning 56-storey high towers with 8 commercial shops at ground level (including a childcare center for the avenue south residence floor plan residents' ultimate convenience), and five 4-storey high conserved Singapore Improvement Trust (SIT) heritage blocks that add distinctiveness and character to this development.
UOL Group probably requires no additional introduction as it is one of the most important and most famous property developers in Singapore and a few of its major investors are none besides United Overseas Bank (UOB) — one of the best 3 financial institutes in Singapore.
In particular, properties that are near to the city centre is highly sought after as there is a limit of available land for new launches since the Central Business District is almost fully build up including areas near to Outram MRT Station and Outram Park.
Located in Outram Park neighborhood, surrounded by many incredible and active-living neighborhoods, which includes Tiong Bahru Neighbourhood, several food shopping stores, and entertainment options, the family-friendly lifestyle experience adds to the charm of living in Avenue South.
Avenue South Residence holds the advantage of being enviably positioned in close proximity to both primary and secondary schools of reputable quality, including Gan Eng Seng School, Crescent Girl School, Queenstown Secondardy School, LKC School of Business and etc.
Outram Park neighborhood also has a planning area, located within the Central Area in Singapore's Central Region, next to Singapore's river located in the northern region, in Downtown Core to both the eastern and southern region, and Bukit Merah in the west.
From bistros along Tanjong Pagar Road, Amoy Street and Mosque Street to hawker fare at Tanjong Pagar Market & Food Centre, Maxwell Food Centre, People's Park Complex Food Centre, Chinatown Complex, Amoy Street Food Centre and Tiong Bahru Market & Food Centre, residents will never be in short supply of food options.
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.