Ang Mo Kio Ave 1 Condo

Ang Mo Kio Ave 1 Condo

Latest Updates
2021-06-07 Book an appointment to view Ang Mo Kio Ave 1 Condo’s show flat and get direct developer pricing!
2021-06-04 Ang Mo Kio Ave 1 Condo’s location map has been updated!
2021-06-03 Project details of Ang Mo Kio Ave 1 Condo has been updated!
2021-06-02 Ang Mo Kio Ave 1 Condo’s gallery has been updated with new photos!
2021-06-01 New floor plans for Ang Mo Kio Ave 1 Condo has been released!
2021-05-31 Ang Mo Kio Ave 1 Condo’s website officially launched!
Units Sold

Factsheet

Ang Mo Kio Ave 1 Condo
Developer
UOL, Singapore Land Group and Kheng Leong
Project Details
Ang Mo Kio Ave 1 Condo
Tenure
99 Years
District 20
Ang Mo Kio
Expected TOP
TBA
Total Units
370 Residential Units

Location

Ang Mo Kio Ave 1 Condo
Properties in this location are strategically located. Quiet and packed with various amenities, close to prominent schools, and residents can appreciate the great convenience. In addition, Ang Mo Kio enjoys a serene environment that is filled with tranquillity. Although this neighbourhood is not the most affordable, it is worth the money because what you get to live here is second to none. If you're driving, Ang Mo Kio Avenue is super easy to get to as it connects directly to CTE and Upper Thomson Road. It is seamlessly accessible via the nearest MRT stations Lor Chuan and Mayflower.

Price

Ang Mo Kio Ave 1 Condo

Condo @ Ang Mo Kio Ave 1 attracted a total of 15 bids, with the highest bid of $381.38 million ($1,118 PSF per plot) coming from United Venture Development. The second-highest bid of $358.88m came from Titus Residential SG, closely followed by a $353.33m from Far East Civil Engineering, Fortune Harmony and Sekisui House. Developers Hoi Hup Realty, Sunway Developments and Oriental Worldwide Investments also submitted a joint bid of $335.9 million.

The potential selling price for the residential units here, when completed, could start at $2,000 PSF to $2,100 PSF, says Leonard Tay, research director at Knight Frank Singapore.

Overview

Ang Mo Kio Ave 1 Condo

Condo @ Ang mo Kio Ave 1 is a new condo strategically located between Ang Mo Kio and the quiet area of Thomson. It is expected to enjoy high demand from homeowners who want to live in a quiet and exclusive suburb of the city, perfect for families. Condo@ AMK ave 1 is located on a 136,479 sqft plot and a maximum gross floor area of 31,699 sqm, a plot ratio of 2.5. The project is expected to house 370 units ranging from one to five bedrooms in a 24 to a 25-story building. The development is being undertaken by United Venture Development (2021). United Venture Development (2021) is a 60:20:20 joint venture between UOL Group, Singapore Land Group and Kheng Leong Company.

UOL Group Limited (UOL) is probably one of Singapore's leading listed property companies with total assets of approximately $200 billion. The company has a diversified collection of residential, commercial and investment properties, hotels and serviced suites in Asia, Oceania, Europe and North America. With a good track record of more than 50 years, UOL firmly believes in delivering superior products and quality service in all its business ventures. Through its hotel subsidiary, namely Pan Pacific Hotels Group Limited, UOL owns three recognized brands, namely "Pan Pacific", PARKROYAL COLLECTION and PARKROYAL. The Company's Singapore-listed real estate subsidiary, United Industrial Corporation Limited, owns an extensive portfolio of prime commercial properties and hotels in Singapore.

Kheng Leong is a property developer in Singapore and was established in 1949 as a spice trading company. Kheng Leong ventured into the property development and investment market to survive in the ever-changing and evolving business landscape. Since then, the organisation has never looked back, and one of its recent developments is Avenue South Residence with UOL Group. Kheng Leong is based in Singapore and also has an office in Shanghai, China. Looking at their portfolio, one can see the diversity in it as they invest in projects that span across the Asia Pacific region, from Hong Kong and Shanghai to Sydney and London and even as far west as Los Angeles. The company always focuses on delivering the best in the market, which keeps its brand value high. The board members of Kheng Leong also hold board positions in other listed companies such as United Overseas-Bank, UOB-KAYHIAN, UOL Group and HAW PAR Corporation. They have several well-known residential projects in their name, such as Principle Garden, The Ansley, Avenue South Residence Condo, The Hill Apartment, eight on-Chuan, Tudor Ten, The Eden, to name a few.

Summary

Ang Mo Kio Ave 1 Condo

According to URA's Master Plan, Ang mo Kio will be A 20- Minute Town within 45- Minute City. As Singapore's first model city for pedestrians and cyclists, dedicated cycle lanes will complement existing footpaths to give ample space for both pedestrians and cyclists. When developed in 2020, the Lentor and Mayflower MRT stations on the Thomson-East Coast Line will further connect Ang Mo Kio to the city and the north.The upcoming inter-island MRT line will also benefit AMK residents. This is because it will directly connect to the popular Bishan - AMK Park and eastwards to Changi.

Get in touch with Ang Mo Kio Ave 1 Condo’s developer sales team and get professional advice and recommendations for all your queries.

+65 6100 9876
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