The Avenir has been acquired by a tripartite joint consisting of GuocoLand (Singapore), Hong Realty, and Intrepid Investments. The collective sale at S$980 million is one of many largest sales in the last decade. The tender for your website attracted interest from a handful of foreign and local developers. It’s high sale price I even higher compared to the reserve price of S$938 million by up to 4.5%. GuocoLand and Intrepid Investments holds 40% stake each and Hong Realty holds 20% interest. Hong Leong Investment Holdings (HLIH) owns major shares in both Hong Realty and Intrepid Investments. The development features about 290 apartments and 2 commercial units. The sale uses 80% of the owners consented the en bloc sale. Owners of the units at The Avenir will receive between $3.36 and $3.48 million as proceeds from the sale. All the shop units will be awarded between $2.2 million and $4.5 million. By having an existing gross floor part of around 493,222 sq ft, The Avenir price equals S$1,987 psf ppr. Adding the 10% extra balcony gross floor area, its max allowable GFA is 542,544 sq ft which reflects around S$1,806 psf ppr. Being a house situated in the centre of district 9, The Avenir enjoys a proper location that is near various amenities. It is both close to Orchard Road shopping belt, the central business district and the long run Great World City MRT station. Evaluation from consultants suggests that the land cost for The Avenir may like a breakeven price ranging between $2,530 and $2,800 psf ppr by having an anticipated selling price of $3,000 to $3,200 psf. Latest Information The Avenir Price List As At Sunday, May 31st 2020 updated, Register to get the price list and book showflat appointment! Your Name (required) Your Email (required) Your Mobile Number (required) Message I’m interested in The Avenir Condo! Surrounding View at Upcoming The Avenir (Former Pacific Mansions! The Avenir, The Avenir Condo, The Avenir Pacific Mansions, The Avenir Guocoland, The Avenir Hong Leong, The Avenir River Valley Benefits That Future Residents of The Avenir Will Enjoy and Why Investors Should Consider River Valley Properties If you’re looking for a place to rent or buy a property then River Valley area in district 9 of Singapore is just a destination for a consider. Properties around this region are highly sought after since they are situated on prime land. Surviving in this neighbourhood allows you to enjoy lots of advantages of access to awesome shopping centres to easy usage of the rest of Singapore. Running from Robertson Quay to Alexandra Road, River Valley area offers you close proximity to the CBD while maintaining its quietness which makes it perfect for family living. This is one of the reasons that expats love surviving in this neighbourhood. In this guide, we demonstrate a few of the benefits that you enjoy if you make The Avenir your home. Listed here are a few of the factors that produce the River Valley area a precise perfect place for luxurious surviving in Singapore. Distance From The Avenir To Great World City and Upcoming Great World MRT station The Avenir Condo – Strategic Location River Valley area is situated at the heart of Singapore and features several landed properties, apartments, and posh condos. One of the factors which make this region attractive to expats in addition to locals is its strategic location. Despite being truly a bustling area, the environmental surroundings is calm, which makes it ideal for singles and family people. Besides being near to the CBD, access to amenities here’s unrivalled. The future residents of The Avenir will love easy use of Orchard and city areas. Besides, the countless eateries available here makes finding your favourite cuisine much easier. The Singapore River is merely near by, and you are able to enjoy evening strolls after act as you explore the area. Just 1 min away is Robertson Quay. This great place offers you a great destination where you can enjoy your dinner and drinks in relaxation overlooking River Singapore. Robertson Quay also makes an attractive area for strolling in the business of your dog in a tranquil atmosphere. With lots of shopping amenities around and quick access, any shopping lover will appreciate residing in this neighbourhood. A number of the greatest local shopping malls like the Great World City, Valley Point, and Liang Court are only within the vicinity. Here you can find any brand you are able to think of alongside great eateries to higher your shopping experience. Families also love living in this region due to the many schools and kids’activities in the area. There’s easy use of reputable international schools that offer quality education to your kids, such as ISS International Elementary, Chatsworth International, and Middle School campus. The Avenir Condo location The Avenir – Enhanced Transportation In terms of connectivity, you do not need certainly to concern yourself with getting anywhere within the neighbourhood or other areas of Singapore. Transportation is enhanced to ensure you obtain anywhere with ease. With lots of amenities around, it will take you only some minutes to get to the nearby shopping malls and get your daily necessities. The superb connectivity also allows people working in town or school going kids to enjoy quick commutes. Transportation is just a breeze with the availability of several bus services that serve the area providing quick commutes. The nearby Orchard, Somerset, Dhoby Ghaut, and Newton MRT Stations connect this area with other areas of Singapore. For car owners, getting anywhere in Singapore is manufactured easy with the established expressways and major roads.