Project Details

Project DetailsThe Avenir
LocationRiver Valley
District09
DeveloperCarmel Development Pte Ltd (UEN no: 201811966Z) (Joint venture between Hong Leong Holdings Limited, GuocoLand Limited & Hong Realty Pte Ltd.)
Developer’s License No.C1354
Site AreaApprox. 12,044.70 sqm / 129,648.07 sqft
SolicitorTBA
Project Account No.United Overseas Bank Limited for Project Account No. 451-311-229-1 of Camel Development Pte Ltd
ArchitectADDP Architects LLP, Studio Milou Singapore Pte Ltd
Interior DesignerAXIS ID Pte Ltd
Landscape ConsultantTinderbox Pte Ltd
Quantity SurveyorArcadis Singapore Pte Ltd
C&S ConsultantKCL Consultants Pte Ltd
M & E ConsultantUnited Project Consultants Pte Ltd
Address8 & 10 River Valley Close, Singapore 238432 & 238438
No. of Blocks/ Storeys2-Towers Of 36-Storey Apartments. With Carpark Roof Deck, Common Basement Carparks And Common Facilities. At River Valley Close (River Valley Planning Area)
Payment SchemeNormal Progressive Payment Scheme
Mukim Lot No.TS21-00933L, TS21-01246A pt & TS21-01247k pt
Site UseResidential Flat Developement
TenureEstate in Fee Simple (Freehold)
Total No. of Units376 Residential Units
No. of Car Park Lots & Bicycle Lots376 car park lots & 4 accessible car park lots. Car parks are located at 1st storey, B1 & B2 of Block 8 and 1st storey & B1 of Block 10. 96 bicycle lots. - located at 1st storey of Block 8, near the guard house.
Expected Date of TOP1 August 2025
Expected Date of Legal Completion1 August 2028
Concierge ServiceYes
Security24 Hours Security Guard

(Project details for The Avenir may be subjected to change without prior notice)

The Avenir has been acquired by way of a tripartite joint consisting of GuocoLand (Singapore), Hong Realty, and Intrepid Investments. The collective sale at S$980 million is one of the largest sales in the last decade. The tender for the 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 as much as 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 arises from the sale. All the shop units is going to be awarded between $2.2 million and $4.5 million. By having an existing gross floor section 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 property located in the centre of district 9, The Avenir enjoys an ideal location that is near various amenities. It is both close to Orchard Road shopping belt, the central business district and the future Great World City MRT station. Evaluation from consultants demonstrates the land cost for The Avenir may have a breakeven price ranging between $2,530 and $2,800 psf ppr having an anticipated selling price of $3,000 to $3,200 psf.

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Welcome to The Avenir!
Thank you for visiting
The Avenir ✨ !

💎 FREEHOLD
👑 Prime District 9, River Valley
🚇 Near to 3⃣ MRT - Great World, Somerset, Fort Canning
🎓 1km to River Valley Primary, 2km to ACS Junior
👍🏻 Ideal Lifestyle - close to Great World City, Robertson Quay, Orchard Road & CBD, yet laidback with the Singapore River and Fort Canning Park at your doorstep

1 Bedroom
Stack 02: 527sf
(Best Priced 1BR stack, Greenery facing / High floor facing Fort Canning Park)
$1.55 mil - $1.79mil (fr. $2,941psf)

Stack 07: 538sf
(Greenery & Quiet facing, High floor facing Orchard Shopping Belt)
$1.58 mil - $1.892 mil (fr. $2,937psf)

2 Bedroom
Stack 01: 829sf
(Facing the sculpture court/Greenery facing, high floor facing Fort Canning Park)
$2.432mil - $2.757 mil (fr. $2,934psf)

Stack 04: 807sf
(Facing lap pool & great lawn, high floor unblock view facing Singapore River)
$2.358 mil - $2.722 mil (fr. $2922psf)

3 Bedroom
Stack 03: 1141sf
(Facing lap pool & great lawn, high floor unblock view facing Singapore River)
$3.343 mil - $3.757 mil (fr. $2,930psf)

Stack 06: 1141sf
(Greenery & quiet facing, facing Orchard Shopping Belt)
$3.324 mil - $3.756 mil (fr. $2,913psf)

3 Bedroom with P/L
Stack 05: 1528sf
(Facing lap pool & great lawn, high floor unblock view facing Singapore River)
$4.479 mil -$5.172 mil (fr. $2,931psf)

Stack 08: 1572sf
(Overlooking the beautiful landscape, tranquility garden and urban farm)
$4.761 mil - $5.337 mil (fr. $3,029psf)

4 Bedroom with P/L
Stack 09: 2055sf
(Overlooking the beautiful landscape, tranquility garden and urban farm)
$6.229 mil - $6.904 mil (fr. $3,031psf)

Stack 10: 2067sf
(High floor facing city skyline & Singapore River)
$6.263 mil - $6.992 mil (fr. $3,030psf)

4+Family Bedroom
(Unblock view of Singapore River)
Stack 11: 2411sf
(High floor facing the city skyline
$7.304 mil - $8.222 mil (fr. $3,030psf)

P/L: Private Lift
*Prices stated above is subject to change without prior notice.

Viewing is by Appointment Only.
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In line with the Govt directive to close all workplaces, showflat will be closed from 7th April - 1st June. It will re-open on 2nd June, subject to any changes.
Sales is on-going, payment must be done through TRANSFERRING TO DEVELOPER ACCOUNT instead of physical cheque. We will still be contactable via phone calls and WhatsApp.
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