Highly Sought-After Freehold Project in the Heart of Prime District 9
DISTRICT 9 – RIVER VALLEY CLOSE
Located right in the heart of Prime District 9, The Avenir is the latest highly sought-after project by the investors. Joint ventured by world-class developers namely Hong Leong Holdings Limited, Guocoland Limited and Hong Realty Pte Ltd, The Avenir will be a freehold asset for generations to pass on as legacy.
Towering at 36 stories, this development comprises 2 residential towers, adding up to a total of 376 units. The strategic location between two MRT stations – Somerset and the upcoming Great World City, as well as the connectivity to the Central Business District boosts the convenience and accessibility of its residents.
At walkable distance, residents can also enjoy a plethora of amenities. This includes F&B options at Great World City, Zion Riverside Food Centre and Kukoh 21 Food Centre. Nightlife enjoyment at nearby Robertson Quay and shopping experience at Orchard Road are also some of the lifestyle conveniences offered by The Avenir.
For families with school-going children, there is no need to concern over the education options as the location is close to schools such as River Valley Primary School, Eton House Pre-School Robertson Quay, Chatsworth International school and more.
The fact that The Avenir is located near to CBD area attests that there is high potential for rental demand from the working class. It is truly a priced luxury development for investors to retain as legacy and yield from its rental and capital appreciation.
Developer: Joint Venture development by Hong Leong Holdings Limited, Guocoland Limited and Hong Realty Pte Ltd
Address: River Valley Close
Property Type: Residential
Total Units: 376 units
Unit Mix: 1-bedrom to 4-bedroom unit types
Project: THE AVENIR
District: D9 - ORCHARD, CAIRNHILL, RIVER VALLEY
Region: Core Central Region (CCR)
Property Type: NON-LANDED RESIDENTIAL CONDO CONDO
Total Units: 376
Available Units: 174
Expected TOP: 01/08/2025
Developer: Carmel Development Pte. Ltd.
Hong Leong Holdings Limited
Hong Leong Holdings Limited (HLHL) was established in 1968 as the privately-held property development and investment arm of the Hong Leong Group. As one of the pioneers of the real estate scene in Singapore, HLHL has since emerged as a major player in the property market, making it one of the most sought-after providers of a comfortable home. To date, it manages 8 commercial projects and has developed close to 100 residential properties, including a range of mid to
high-end residential projects in some of the country's most coveted neighbourhoods.
Looking forward, HLHL continues to seek improvement and expansion in its business while maintaining its distinct level in design, sustainability and customer service.
Listed on the Singapore Exchange Securities Trading Limited since 1978, GuocoLand Limited ("GuocoLand") is a premier regional property company with operations in the geographical markets of Singapore, China, Malaysia and Vietnam. In 2017, GuocoLand marked its expansion beyond Asia into the new markets of the United Kingdom and Australia through a strategic partnership with Eco World Development Group Berhad in Eco World International Berhad.
Headquartered in Singapore, the principal business activities of GuocoLand and its subsidiaries (“the Group”) are property development, property investment, hotel operations and property management, and it is focused on achieving scalability, sustainability and growth in its core markets. The Group’s portfolio comprises of residential, hospitality, commercial, retail and integrated developments spanning across the region. As at 30 June 2019, the Group’s total assets amounted to approximately $10.0 billion.
In Singapore, the Group has successfully developed 36 residential projects yielding approximately 11,000 apartments and homes. GuocoLand’s flagship integrated mixed-use development Guoco Tower, integrates premium Grade A offices, a dynamic lifestyle and F&B retail space, luxurious apartments at Wallich Residence, the 5-star business hotel Sofitel Singapore City Centre and a landscaped urban park. It has also developed a sizeable portfolio of properties spanning across the major cities of Beijing, Shanghai, Nanjing and Tianjin. The Group’s 68% owned subsidiary, GuocoLand (Malaysia) Berhad (which is listed on Bursa Malaysia), is an established property developer of community-centric residential townships and innovative commercial and integrated development projects in Malaysia.
An Award-Winning Developer
GuocoLand has been honoured with numerous awards and accolades both locally and internationally, in recognition of its portfolio of quality, innovative developments and commitment to business excellence. These include environmental sustainability awards such as the Building and Construction Authority (BCA) Green Mark Awards and Leadership in Energy and Environmental Design (LEED) Pre-Certification, as well as real estate awards honouring the best property companies such as the International Property Awards, FIABCI Property Awards, BCI Asia Awards and South East Asia Property Awards.
Land Size: 12,044.70 sqm (or approx. 129,648.07 sqft
Plot Ratio: 4.2