The 1st Residential Development in Singapore’s Newest District, Prestige and Luxury in the New Southern Gateway of Asia. Avenue South Residence situated in the very exclusive area of Silat Avenue in District 3. It is developed by UOL Group Limited; one of Singapore’s largest developers of whom holds an extensive portfolio of investment and development properties, with joint venture by UIC and Kheng Leong.
Avenue South Residence, a mega development comprises 2 high-rise towers of 56 storey, sprawled on a massive residential site of 245,972 square feet and overlooks the Central Business District as well as the Greater Southern Waterfront.
There are a total of 1,074 residential units, 5 conservation buildings, 1 childcare centre and 8 commercial units with public facilities. There will also be 4 function rooms on level 56 which offers unrivalled views of the city centre.
24KM Rail Corridor at your doorstep, 10X longer than the New York High Line. Walk to Cantonment MRT, access 33 stations and 12 Interchanges along the circle line. New Kampong Bahru Bus Interchange is also located nearby.
Development Name : Avenue South Residence
Developer : UOL, UIC, Kheng Leong
Tenure of Land : 99 Years
Site Area : 22,851.6 sqm
Total Units : 1074
Unit Mix :
Heritage block: 86 units
Tower block: 988 units (56-storey)
1BR 474-527 sf (242 units)
2BR 646-807 sf (502 units)
3BR 936-1109 sf (220 units)
4BR 1496 sf (102 units)
PH 883-1668 sf (8 units)
Shops NOT for sale (childcare centre & 5-7 shops including F&B)
The Greater Southern Waterfront, which extends from Pasir Panjang to Marina East, will be transformed into a new major gateway and location for urban living along Singapore’s southern coast.
Development will take place in phases, starting with the former Pasir Panjang Power District, Keppel Club and Mount Faber in the next 5 to 10 years.
UOL Group is one of Singapore’s leading property developers. Its major shareholders are United Overseas Bank (UOB), one of the country’s three major banking groups, and the founding Wee family, which together own a stake of about 40%. The group is led by CEO Gwee Lian Kheng, who has been with the organization since 1973.
UOL was founded in 1963 as Faber Union. In 1975, it received its current name after being purchased by UOB in 1973. Its business includes developing and managing residential properties, shopping malls, office buildings and hotels, many of them in prime areas of Singapore.
United Industrial Corporation Limited (UIC) was incorporated in Singapore in 1963 as a private company and was listed as a public company in 1971.
The core business of the Group is property development and investment and with the acquisition of the majority equity of Singapore Land Limited, a well-established property company in 1990, the Group became a major real estate developer with a portfolio of 2.5 million sq ft of office space and 1 million sq ft of retail premise in Singapore.
The Group’s property portfolio includes some of Singapore’s best known commercial and retail landmarks as well as residential projects in prime and suburban areas. Overseas investments include properties in Shanghai, Beijing and Tianjin, China and London, UK.
Incorporated in 1949, Kheng Leong Company began operations as an international commodity and spice trading company. Over the years, the company has kept pace with the changing business landscape and has evolved as an investment group with interests in property development and real estate investment.
Today, the Kheng Leong Group has a growing portfolio of development projects and business interests, through direct investment or collaborations with strategic partners, that spans across the Asia Pacific region from Shanghai and Hong Kong to Sydney as well as London and Los Angeles.
© 2019 Avenue South Residence By UOL