The Avenir is a new development by Guocoland which is the former Pacific Mansions Enbloc. The collective sales of this property is the largest for the last couple of years and the development sits on a large piece of prime freehold land. Many developers has expressed interest in developing the site when the tender was announced. Presence of both local and foreign developers signified that indeed the property was on high demand.
The Avenir by Guocoland Former Pacific Mansions Enbloc
The Avenir will consists of about 300 apartments and 2 commercial units and the strategic position is one of the most important factors that has made this property to have an extremely high demand. The Avenur is not only close to the Orchard Road shopping belt, but also the central business district. The best thing about investing in this property is that it is very close to the Great World City MRT station.
Recent evaluations have shown that the land cost is very high. Actually, some renowned valuations consultants have been claiming that the actual cost of land in this area is supposed to be $3000.
Prime location of The Avenir Located Near to Great World City MRT Station
Have you been looking for a nice place to rent or even buy a property? You are definitely in the right place. Why are properties in this area highly sought? All the properties are located on prime land. You will be in a good position to enjoy numerous benefits when you consider residing in this neighborhood.
Intrepid investments have been holding more than 40% of the shares over the years. Intrepid investments are one of the most successful investment companies in Singapore. This investment company is under Hong Investment Holdings. This company is well known to own numerous shares in major investment corporations and also groups. This means that it is one of the most active real estate investors in Singapore. This makes it a key real estate influencer as far as the real estate market is concerned.
Location of The Avenir
You might be aware that this site is located in the heart of Singapore. Strategic location is arguably one among the numerous factors that make this property attractive among numerous people. Although the properties are situated in a calm environment, single people prefer purchasing these properties. Besides being very close to the CBD, you will have easy access to social amenities. Overall, this is an ideal property you will never regret purchasing.