The Avenir is an exclusive freehold residential development Program, a luxury development launch of 2019. This was bought by a developer consisting of Hong Realty, Guoccoland and Intrepid Investments. This area is loved because it is built on prime district 9 lands close to nature.
This land was formerly known as Pacific Mansion and sold for $980m and was paid 4.5% higher than the actual cost. River Valley cluster in Singapore has always been a place to consider for rent and purchase.
Brought to you by Carmel developments Pte Ltd, a joint venture between Hong Leong holding limited and hong realty Pte ltd. The collective sale at$980 million is one of the largest sales with in the last decade. The tender for the site attracted interest from a handful of foreign and local developers.
The Avenir location is close to the Central Business District and in prime District 9. Due to its good location, Orchard Road shopping belt and near to Great World City therefore, The Avenir has highly sought after.
The highly-rated luxury development located within the highly coveted district 9 lifestyle enclave of Orchard Road. within 5 minutes walk to future great world MRT(TE is targeting 2021)and fort canning MRT(DT20). The former pacific mansion site was one of the largest deals sold at $980 million.
The Avenir Price statistics are given below;
1 Bedroom From $1.54 million to onwards
2 Bedroom From $2.36 million to onwards
3 Bedroom From $3.34 million to onwards
4 Bedroom+Study From $7.31 million to onwards
The prices are quite convenient and affordable as compared to the facilities offered. The total cost of acquiring the site for this development is $980 million.
1 Bedroom | 49 – 50 Sqm | 69 Units
2 Bedroom | 75 – 77 Sqm | 69 Units
3 Bedroom | 106 Sqm | 69 Units
4 Bedroom | 224 Sqm | 34 Units
The Avenir condo is developed in an elite and luxury manner, so this would be a high end profitable investment. It offers several amenities and benefits that this would be a convenient and comfortable residence to laid back and enjoy nature.
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