New Launch Condo @ Silat Avenue

New Launch Condo @ Silat Avenue

The tender for Silat Avenue New Launch government land site closed on April 26 with just one bid. The sole bid of $1.035 billion or $1,138 psf per plot ratio (ppr) came from Singapore-listed UOL Group in a joint venture with sister companies, United Industrial Corp and Kheng Leong Company.

The 245,975 sq ft government land site at Silat Avenue, is located just off Kampong Bahru Road, and has the potential to yield an estimated 1,125 residential units. “Developers tend to be cautious when it comes to bidding for sites with more than 1,000 residential units,” notes Desmond Sim, CBRE head of research for Singapore and South East Asia.

The absence of other major developers in the Silat Avenue tender is also indicative that their attention had been diverted elsewhere, namely to the Holland Road GLS site, says Sim. At the close of the Holland Road GLS residential-and-commercial site a month ago, 15 bids were received, with many major developers submitting multiple bids.

Based on this bid of $1,138 psf ppr for Silat Avenue New Launch Condo -Tricia Song, Colliers International head of research for Singapore estimates a breakeven of $1,600 psf ppr, and selling price of the new project to be in the range of $1,800 to $1,900 psf.

New Launch Condo @ Silat Avenue

New Launch Condo @ Silat Avenue Details

Project Name TBA
AddressSilat Avenue
Developer UOL Group, UIC and Kheng Leong
DescriptionTBA
Tenure99 Years
District3
Site Area 245,975 sq ft
Gross Floor Area TBA
No. of Blocks TBA
No. of Storeys TBA
No. of Units 1125 residential apartments and 450 commercial space
No. Carpark Lots TBA
TOP TBA

New Launch Condo @ Silat Avenue Location

The nearest train station from New Launch Condo at Silat Avenue is Outram Interchange where the North East Line and the East West Line are available. Future residents will find it a breeze to commute with these complete train services.   With its convenient location in the Central Region, future residents of New Launch condo in Silat Avenue will take drivers 6 minutes to reach Orchard Shopping District and 8 minutes to Central Business District (CBD), City Centre and Marina Bay. Drivers can easily link to Ayer Rajah Expressway (AYE) which connects to Marina Coastal Expressway (MCE). The Bukit Merah Flyover will also connect future residents of New condo Launch at Silat Avenue to Central Expressway (CTE). These allows easy connectivity to various parts of Singapore. Southern Waterfront District Vivocity, Harbourfront, Universal Studio, Resort World and Sentosa. 

 

There are more than 10 shopping malls nearby New Condo at Silat Avenue. Options are plenty when it comes to dining. Residents can choose to indulge in the bistros located along Tanjong Pagar Road, Amoy Street and all the way till Mosque Street. For residents of Silat Avenue Upcoming Condo who prefers local food, there are food centres that are located within short distance from which are Tanjong Pagar Market & Food Centre, Chinatown Complex, Maxwell Food Centre, People’s Park Complex Food Centre, Amoy Street Food Centre, Tiong Bahru Market & Food Centre, Hong Lim Market & Food Centre and Lau Pa Sat.  

 

 

New Launch Condo @ Silat Avenue Location

 

 

Amenities Near New Launch Condo @ Silat Avenue

Connectivity

MRT Stations

Outram Park MRT Station

Tiong Bahru MRT Station

Havelock MRT Station

 

Educational Institutes

Primary Schools

Chij Primary School (0.46 km)

Radin Mas Primary School (0.81 km)

Zhangde Primary School (0.96 km)

 

Secondary Schools

Chij St. Theresa’s Convent School (0.99 km)

Outram Secondary School (1.23 km)

Gan Eng Seng School (1.55 km)

 

Shopping Malls

Tiong Bahru Plaza (1.16 km)

Pearls Centre (1.27 km)

Tanjong Pagar Plaza (1.31 km)

 

New Launch Condo @ Silat Avenue Site Plan / Facilities 

To be Updated soon!!

 

New Launch Condo @ Silat Avenue Floor Plan

To be Updated soon!!

 

Things you might want to know more about New Launch Condo @ Silat Avenue

New Launch Condo @ Silat Avenue Brochure

New Launch Condo @ Silat Avenue Showflat

New Launch Condo @ Silat Avenue Location

New Launch Condo @ Silat Avenue Price PSF

New Launch Condo @ Silat Avenue Developer Sales