The Avenir Reviews by Urban Agents
The Avenir is an ultra-luxurious freehold project located in Prime District 9. It has a big land size of 129,648sqft with 2 iconic twin towers of 36 levels! It is designed by famed architect - Studio Milou (National Art Gallery) and developed by renowned developer - GuocoLand and Hong Leong.
Located in River Valley, you have every convenience at your doorstep; malls, grocery shops, restaurants and reputable schools. But what really separates The Avenir from other luxury projects is its excellent spacious layout. If you have a chance to visit the show flat, you will be amazed at how big the 4+ family unit (potentially 5 rooms) is. It is 2411sqft and you literally feel like you are living in a landed house with different segments that offer privacy for every family member. Yet at the same time you have all the convenience that comes with living in a condo.
Located in River Valley, you have every convenience at your doorstep; malls, grocery shops, restaurants and reputable schools. But what really separates The Avenir from other luxury projects is its excellent spacious layout. If you have a chance to visit the show flat, you will be amazed at how big the 4+ family unit (potentially 5 rooms) is. It is 2411sqft and you literally feel like you are living in a landed house with different segments that offer privacy for every family member. Yet at the same time you have all the convenience that comes with living in a condo.
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The Avenir is near Prestigious Orchard road, surrounded by lifestyle enclaves like Robertson Quay, Singapore River and Beautiful parks. The Avenir is located within walking distance to Great World MRT Station/Great World Shopping Center. It is also within 1km to River Valley Primary School, ACS Junior, School of The Arts and International Schools.
There is Limited Luxury Freehold Land supply in D09. Most Investors are looking for an Iconic or Trophy Asset. Future CCR New Projects prices trending towards S$4000psf. The Avenir provides the potential for high capital gain growth due to an attractive entry psf of S$3000psf . The Avenir will also enjoy a boost from the rejuvenation of the area by the Urban Redevelopment Authority (URA)
70% of Luxury apartments bought by Foreigners & PR Buyers in 1H 2019. The Top 2 Foreigner buyers in 1H 2019 are from China & Indonesia. Up to 140 super luxury homes above S$8m or S$3000psf were sold to foreigners in the 2nd quarter. We have not seen those numbers of foreigners buying super luxury homes in Singapore since the first quarter of 2007.
I believe that the High Net Worth Individuals are seeking safer investment havens. Due to the increasing volatility in Hong Kong since 2019 & the global trade wars turning into currency wars. We have seen an increasing inflow of investors from China since 2019. The Avenir will be a good legacy asset and will give you strong returns for your property portfolio.