{"id":110589,"date":"2019-09-09T11:26:09","date_gmt":"2019-09-09T04:26:09","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/avenue-south-residence-sold-more-than-270-units-on-the-first-day-of-launch\/"},"modified":"2019-09-09T12:06:38","modified_gmt":"2019-09-09T05:06:38","slug":"avenue-south-residence-sold-more-than-270-units-on-the-first-day-of-launch","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/avenue-south-residence-sold-more-than-270-units-on-the-first-day-of-launch\/","title":{"rendered":"Avenue South Residence sold more than 270 units on the first day of launch"},"content":{"rendered":"


\nAvenue South Residence attracted a very strong response during its launch, with around 90 percent of the 300 units released sold on the first day (7 September).
\nMost of the buyers were Singaporeans, comprising both homeowners and investors, with one- and two-bedrooms emerged as the more popular units, while three- and four-bedroom units also witnessed robust take-up rates.
\n\u201cBased on what we saw, buyers are particularly attracted to the growth potential of this precinct as well as the strong product attributes,\u201d said Jesline Goh, chief investment and asset officer of UOL Group Limited.
\nGiven the overwhelming response, she revealed that the group decided to release another 200 units, including its Peak Collection on Sunday (8 September).
\n\u201cThereafter, we are launching the project overseas, as we are receiving enquiries from foreign buyers,\u201d she added.
\nLocated at Silat Avenue, the 1,074-unit development comprises two 56-storey towers and five conserved four-storey apartment blocks. It offers one- to four-bedroom units, with sizes ranging from 474 sq ft to 1,668 sq ft.
\nAvenue South Residence is near the upcoming Greater Southern Waterfront as well as the Rail Corridor. It is also close to the future Circle Line 6, offering residents easier access to Raffles Place and Marina Bay once the new Cantonment and Keppel MRT stations open by 2025.
\nIts sales gallery along Alexandra View opens daily from 10am to 7pm.
\n\u00a0
\nAgnes Ong at PropertyGuru, edited this story. To contact her about this or other stories, email\u00a0agnes.ong@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Avenue South Residence sold more than 270 units on the first day of launch<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Avenue South Residence attracted a very strong response during its launch, with around 90 percent...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-110589","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-sLH","jetpack-related-posts":[{"id":98423,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/300-jadescape-units-sold-at-weekend-launch\/","url_meta":{"origin":110589,"position":0},"title":"300 JadeScape units sold at weekend launch","date":"September 24, 2018","format":false,"excerpt":"\r Buyers waiting for their numbers to be called during the balloting process at JadeScape\u2019s showflat. (Photo: Qingjian Realty) Qingjian Realty\u2019s JadeScape condo received robust interest during the launch of Phase 1 as buyers snapped up 300 of the initial 480 units released. With interest balanced across all unit types,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110797,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-sales-remain-strong-in-august\/","url_meta":{"origin":110589,"position":1},"title":"Private home sales remain strong in August","date":"September 16, 2019","format":false,"excerpt":"\r Urban Redevelopment Authority\u2019s (URA) Realis data showed that developers sold 1,122 new homes in August, excluding executive condominiums (ECs). Including ECs, developers moved 1,167 units. Private home sales volume appeared to remain robust in August, despite it being a typically slow sales month. \u201cDemand in August seemed to have\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111632,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-home-sales-hit-a-14-month-high-in-september\/","url_meta":{"origin":110589,"position":2},"title":"New home sales hit a 14-month high in September","date":"October 16, 2019","format":false,"excerpt":"\r Developers sold 1,270 private homes in September, driven by several new launches, including Avenue South Residence, which sold 361 units.\u00a0 \u00a0\u00a0 With developers revving up launches following the Hungry Ghost month, new private home sales in Singapore soared to its highest level in September since July 2018. Urban Redevelopment\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129834,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-private-home-sales-down-47-6-in-august-amid-lack-of-new-launches-guocolands-lentor-modern-sold-84-of-units-at-launch-and-more\/","url_meta":{"origin":110589,"position":3},"title":"New private home sales down 47.6% in August amid lack of new launches, GuocoLand\u2019s Lentor Modern sold 84% of units at launch and more","date":"September 19, 2022","format":false,"excerpt":"\r New private home sales down 47.6% in August amid lack of new launches, GuocoLand\u2019s Lentor Modern sold 84% of units at launch and more13th September to 19th September 2022 Singapore saw new private home sales drop 47.6% to 437 units in August 2022, from 834 units in July due\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2022\/09\/cbd-singapore-skyline-river.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":49781,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/50-of-park-place-residences-sold-on-launch-day\/","url_meta":{"origin":110589,"position":4},"title":"50% of Park Place Residences sold on launch day","date":"March 27, 2017","format":false,"excerpt":"\r Overwhelming response seen at the one day launch of Park Place Residences last Saturday. (Photo: Lendlease) Australia-based developer Lendlease sold 215 (50 percent) of the 429 available units at Park Place Residences in Paya Lebar Quarter (PLQ) during the first day of launch last Saturday (25 March). This represented\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123484,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-commodore-sells-more-than-70-of-units-over-launch-weekend\/","url_meta":{"origin":110589,"position":5},"title":"The Commodore sells more than 70% of units over launch weekend","date":"November 29, 2021","format":false,"excerpt":"\r 162\u00a0out of 219 The Commodore units were sold over its launch weekend,\u00a0with all\u00a0one- and two-bedroom units\u00a0being fully sold. Source:\u00a0JBE Holdings The Commodore, JBE Holdings\u2019 latest residential development near Canberra MRT, sold over 70% of its 219 units during its launch weekend. 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