Updates from The Avenir Developer

02/09/20: Floorplans updated: theavenircondo.sg/floorplans/

We are still open for sales during the circuit breaker period! Showroom will be closed but purchases can still be made remotely. Please use the contact form if you require assistance. Our salesperson will get back to you soonest.

10/11/19: Showroom will be opening in November. Booking starts 6th December. Register with us to get latest info and VVIP Discounts

1/11/19: Register your interest with us for priority viewing and advance information.

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So far Avenir has created 3 blog entries.

10 Things to Know about Real Estate Investment During Pandemic

By |2020-08-24T23:35:54+08:00|News, Real Estate|

Virtually all sectors of the economy have been ravaged by the novel COVID-19 pandemic, but the real estate industry may have been the worst-hit.

Truly, the world has been taken aback and is in a standstill because of the COVID-19 virus. Meanwhile, the counting is ongoing in countries and virtually all countries in the world have a recorded case. It has taken a toll on the world economy, as businesses including the real estate industry have been crippled. However, with countries on the course of relaxing total lockdown, it is imperative to find out some important information about real estate investment during the pandemic.

1. Firstly, the stocks market has recorded a fall by over 1000 points. However, few real estate developers are still in business.

For instance, The Avenir condo earlier closed their showrooms till early June. Meanwhile, they have opened it but are only operating virtually. Information kits, tours of the condominium, and booking of visits are done online. Investors who wish to visit the showroom physically must adhere to the prescribed precautions. More so, Avenir developers have implemented strict social distancing and crowd control.

2. Negative impacts on commerce

Commercial Real Estate has been slammed by the pandemic. It all started in Asia, and the impact is widely spread in big cities of the Asian continent. People are locking up their shops and malls and everyone has retraced to their homes.

3. Workers in retail shops have been laid off while some are placed on temporary retrenchment. People are no longer allowed to spend time in Hotels and restaurants, but some restaurants now resort to delivering their meals directly at the doorsteps of their customers. However, travel bans are still in place, the towns and tourists places are isolated. More so, companies are not offering sales. This has forced them to refuse to pay their workers, as they are trying to figure out how they will pay their rents.

4. Businesses are seeking for rent waiver

Owners of business enterprises are soliciting for real estate brokers to waive their rents. Certainly, their business needs support and they are looking out for rent relief packages. Restaurant owners association in Singapore has already solicited the landlords of restaurants and shopping malls to cut down the rents for the next three months by 50%. The market is becoming messier and it is becoming more difficult to achieve sales. Meanwhile, some business owners have been lucky to be given flexible rent packages and marketing assistance.

5. Residential real estate has been affected

A lot of people believe that the pandemic has no effect on residential real estate. Meanwhile, the effects are massive because people are afraid of investing in the residential sector of real estate. People are uncertain about the future and the trend in the economy. The number of home buyers has reduced; this is not strange owing to the fear that comes with the pandemic.

6. More so, the real estate economy has been greatly brutalized by this surge. Everyone is pinned to their homes and investors are worried over what to do to save the alarming situation. Taking a peep into the surge, it is glaring that owners of real estate properties have been affected. Malls, shops, churches, hotels, mosques are empty!

7. Opportunities are usually created in the midst of uncertainties. Already, a plethora of real estate agents is rushing to include their properties in the market list knowing that rents will definitely expire. People with existing mortgages are likely to achieve the refinancing of their loans while also negotiating to get the best mortgaging deals.

8. In the meantime, a plethora of business owners is struggling to remain in business.

In Singapore, some restaurants and malls are trying to open up and operate on a low key despite the pandemic. The number of buyers is extremely low. They have lost a lot, but they strive to recoup theirs loses by harnessing various channels for their product delivery. A lot of business owners are leveraging on social media marketing. Some restaurants have forged relationships with hospitals, Nurses and doctors. They have started supplying food directly to patients and health workers. At the moment, there is massive uncertainty in the rent industry as shop owners are struggling to save enough amount of money to renew their rents.

9. It would be best if estate investors used strategies that provide the highest dividends. It is pertinent to note that in real estate, profits are accrued when a property is purchased. Going memory lane, it is true that people sell off their properties at cheap rates during times of distress and fear. You should be on the lookout to buy prudently during this pandemic. Try and review the deals that were too expensive in the past, as there might be an opportunity for you to buy at your desired rate during the pandemic. The pricing cycles are going down, so you should identify such assets and invest.

10. The COVID-19 pandemic has reaffirmed that no one can really predict the direction of the real estate market. Uncertainties such as the pandemic can stifle the industry. At this juncture, the whole world is still waiting for a vaccine. Investors in real estate, buyers and sellers are waiting eagerly for the cure before resuming business. No one is pessimistic here, but everyone should be prepared for the worst. The recession is gathering momentum and assets could easily become liabilities during this pandemic.

Everything you need to know about The Avenir in Singapore

By |2020-07-15T21:41:20+08:00|Condo Launch and Preview, News|

Everything you need to know about The Avenir in Singapore

Every person that has walked this earth has wished to achieve eternal peace. As Martin Luther King, Jr. has said:

“Peace is not merely a distant goal that we seek, but a way by which we arrive at that goal.”

In today’s fast and progressive world peace is redefined in the phrases of living standards. Owning a noteworthy haven and driving a luxury car has become a necessity. So, to achieve all this you ought to seek a good home for your family. One such great option is The Avenir in Singapore. Why The Avenir is an ideal option? This question is answered in the successive paragraphs:

Design of the Condo

The Avenir facilities

The Avenir is the Former Pacific Mansion. The developers, Hong Leong and Guocoland have left no table unturned in bringing everything under the roof for you. The building is an architectural marvel laced with all the facilities one would want. It spreads over a good 129,648 square feet of area with every foot dipped in beauty and luxury.

This marvel that is found in district 9 will surely attract many families because of its attractive offers and the superfluous benefits. The apartments available here are matchless. The apartments are spacious. 3/4-bedroom apartments are ideal for bigger families. Details of the houses have been microscopically monitored here. The kitchen cabinets are designed by Nova Cucina. This will surely make the ladies fall in love with their kitchens.

The luxe walk-in wardrobes serve the purpose of elegance and space-maintenance at the same time. The wardrobes are clearly a reflection of your great class.

Facilities

The developers have kept a keen eye on the buyer’s perspective. In todays world of gadgetry, no one is interested in putting in more effort for most of the tasks. So, the provision of several facilities is assured. We take care of your fitness consciousness by providing you a loaded gym. The hydrophiles will also find this place heaven because of the swimming pool which provides 50m lap measurement.

Sports enthusiasts shall find this place good because the place boasts of a tennis court too. So, grab on your racquets and engage in a duel.

The elderly and the children get their loved stuff here. A children’s park is available. BBQ pits are also available so if your grandpa loves to make BBQ, then worry not.

The green lawn will provide nourishment to the eyes and let you attain peace whilst walking the dewy patches.

Strategic value due to surroundings

The Avenir has a very important strategic importance in terms of its location. With almost everything lying at an arm’s length, daily chores will be no problem at all. The Avenir is close to the CBD.

Robertson quay lies in close proximity to the very building. A great advantage this is. One can move freely on the Alexandra road. Access to the Orchard and the city areas is as easy as it gets.

Shopping

The greatest concern for many people when deciding an apartment is the availability of shopping malls. The most practical approach is to have a good shopping mall close to your apartment. Here this concern is carefully monitored. A number of great shopping malls are present in the vicinity of The Avenir. The City Shopping mall, the Valley Point, Liang Court, and Plaza Singapura are there to name a few. In these malls, one can find all the stuff under one roof.

Educational institutes

Families are most concerned about the schools surrounding the apartment. Education is of pivotal importance in any home. Thus, this place takes full marks in this aspect too. A number of good institutes are available in close distance to The Avenir. Primary schools such as River valley primary school and Alexandra primary school are available. International elementary school, Chatsworth international school, and the middle school campus are included in the notable alma maters of the town. With a coterie of schools around, this place will prove to be an ideal ground for your child’s learning and excellence.

For the knowledge-lusty guys, there is a very well-designed Library at the shopping belt of Orchard road. The seekers of knowledge can find a plethora of authentic books on the topics they want.

Commute

It’s an unfortunate day’s start when you are already late and find a flat tyre in the morning. Well, in The Avenir this issue can be solved in a much better way. The intricate system of MRT connects you with the city. The dhobi ghaut services are also there.

For those owning their cars, life and driving will be a smooth experience, thanks to the good quality roads and expressways. These roads and expressways connect The Avenir to the rest of the city.

Recreation

Recreation is important for the maintenance of a healthy life. Luckily, in The Avenir recreational spots are not hard to find. There are cool spots to hang out and chill with your friends. The neighborhood has a lot to offer to the thrill and fun-seeking teens.

Kids can play their hearts out at Fort Canning Park. This park also serves as a source of entertainment for all by hosting concerts, festivals, and theatre. It is a full pack of entertainment.

Recreation is incomplete with Food. The variety of food items here will make your mouth water. Burgers at the Wisma Atria are a treat to have while the food at Toby’s Estate is surely an affair to remember. Killiney road has this great hangout place called the KPO. This place is good for the fun-loving as it serves drinks while the DJ plays your Jam.

Those in search of whiskey don’t have to go far now. La Maison Du provides good quality whiskey.

Other Benefits of Living Here

This place is convenient to live for families. The added advantage to the amenities is the good rental potential of these apartments. If you are looking to purchase an apartment for business purposes, this will not disappoint you.

And if at some point you want to sell it, even then, no worries at all. The area has strong sales and will get you a good price for it.

The Avenir is an ideal location to live for families. The amenities are sufficient for all your needs. So, don’t want and book your apartment now!

The Avenir Condo: Quick Review for Residential/Investment Buy

By |2019-10-04T00:29:45+08:00|Condo Launch and Preview, News, Real Estate|

The Avenir Condo: Quick Review for Residential/Investment Buy

With the announcement of The Avenir, we expect to see more updates within the next 6 months from developers. Due to the high anticipation of the condo launch, we’ve prepared a quick review for what you can expect below:

Location: The Avenir condo location looks to be a pretty attractive one. In River Valley, right on the edge of the Orchard Road shopping belt, and close to the business district of Raffles Place / Marina Bay / Shenton Way.

  • Minutes to UE Square Shopping Mall and Liang Court
  • 2-3 Minutes Drive to popular attractions (F&B outlets, lifestyle malls etc)
  • 12 mins walk to Orchard Road
  • Excellent connectivity and mature amenities and entertainment options
  • Nightlife entertainment at Robertson Quay

Shops, F&B, Hotels, Banks, Supermarkets: . This part of River Valley is opposite Killiney Road (with the famous Killiney Coffeeshop), that leads to the Somerset section of Orchard Road.

The closest big shopping mall to walk to is actually Great World City, around 600m (or an 8 to 9-minute walk). Easily shop for your basic necessities here, including finding F&B options, shopping plus entertainment.

Note: Especially with the upcoming Great World MRT, residents of The Avenir will experience ultimate access and convenience, and within minutes by public transport to many important nodes on the island and CBD.

With just 12 minutes walk to Orchard Road, expect to find even busier sections of Singapore that features luxury shopping lifestyle.

Lifestyle: The Avenir location is within walking distance of Robertson Quay. This part of the Singapore River is a fascinating mix of the old and the new.

Here we have an eclectic jumble of pubs, bistros, cafes, art houses, mixed with fine dining restaurants & alfresco cafes. Many of them housed in refurbished conservation shophouses and warehouses, in delightful contrast against the sleek outlines of the new boutique hotels and hotels skirting the river.

This nightlife spot at the upper reaches of the Singapore River offers lots of pleasant places for a cosy dinner by the river, or a relaxed evening hanging out with friends. The yearly night F1 race is also in the vicinity.

A promenade runs by the river down to Clarke Quay and the CBD. So from the Avenir condo, more energetic residents can cycle or even walk to work.

Festivals and events are also great attractions in Orchard Road. If you live and stay in The Avenir, you are just a couple of street away from all the actions and fun! Some notable festivals and events include:

  • Christmas on A Great Street – Soak in the joyous mood of the most celebrated festival with beautiful lightings and street art decorations.
  • ZoukOut
  • Music Festivals
  • Sporting Events

Robertson Quay Near The Avenir
Robertson Quay near The Avenir, Singapore

Schools: The Avenir is ideal as it is located nearby top Singapore Schools, due to it being situated along Duenarn and River Valley Road.

Here’s some of the schools you expect to see:

  • River Valley Primary School
  • St Margaret Primary
  • Catholic JC
  • LASELLE College of Arts
  • Eton House International School

For a comprehensive list, refer to our list here: [The Avenir Location & Amenities Guide]

Nearest MRT Station: The Avenir is 750m from Somerset MRT (roughly 10 minutes walk) on the North-South MRT Line. The new Great World MRT will be just minutes away!

When the Great World MRT station on the Thomson East Coast line starts operations in 2021, it presents a nearer connection point. The closest entrance to the station will be around 6 minutes walk away. As the Avenir is slated to complete after that, it should work out quite nicely for residents.


Thomson East Coast Line in Singapore, Slated to complete in 2021.

Accessbility: The Avenir location is about 10 minutes drive from the Marina Bay / Raffles Place CBD, and less than 5 minutes from Orchard Road. It is also pretty close to the two exits/entrances of the Central Expressway (CTE). PIE is also minutes drive away.

What’s Next?

To receive the latest updates, price list, or site/floor plans when available, be sure to register your interest with us today!