Located at a short distance from Orchard Road, the Avenir is a residential enclave that is highly prioritized. It is situated in River Valley Close and is the best property of District 9. The word “Avenir” has an interesting meaning which is “Future in French”. Avenir, the condo depicts the future of residential lifestyle at D09 of River Valley Close.
District 9 is considered as one of the valued residential districts of Singapore. The properties of this district have held on to their worth even during the bad times.
The location is a prime one. It the central of the city and have all the amenities around it. The best part is even though it is a convenient spot; still, the River Valley Close is calm and serene with greenery all over.
The condo development of the Avenir is on high demand because it is located at a short drive from Singapore’s downtown core and also just at a walking distance from Orchard Road and Somerset.
The freehold development of the Avenir is a supreme asset of the Singaporean real estate market. This is the reason why the property values of District09 have maintained its dignity even at the times of the economic downtown.
Good Transportation Network
The residents of the Avenir condo development would surely enjoy the options of driving and busing as the connectivity in the River Valley area is incomparable. Also, there is direct access from Avenir to the upcoming project of Great World City MRT station.
The Avenir is a world-class condo development of Singapore that would offer a peaceful environment in the residential complex with nature at just a walk away. The tree-lined streets with the river views from the River Valley Close form a picturesque natural view that would well be appreciated.
Avenir is an outstanding residential neighborhood
The Avenir condo development is using up the space of the former Pacific Mansion in the Robertson Quay enclave and this has proved to be an advantage for them. The residents love the location mainly because of the quietness and foliage, which is derived from the Singapore River.
The River Valley neighborhood is depicted as one of the reputed residential spots in the heart of Singapore. The extravagant and luxurious condominiums and apartments make way to exclusivity. The demand for this property is very high but spaces are limited and that makes the Avenir development project to be one of the hottest deals to hit the central of Singapore in future years.
Avenir – Enbloc of Pacific Mansions
The entities controlled by Singapore property tycoon Kwek Leng Beng and his billionaire cousins Quek Leng Chan. Mr Quek, who is a Malaysian have purchased the Avenir as a joint venture in March 2018. They bought the exquisite property with $980 million.
The sale of Pacific Mansion in District 9 for the Avenir’s development was marked as the biggest collective sale of the decade. It has been ranked second-highest on record in Singapore property enbloc history.
GuocoLand, one of the Singapore-listed has tendered for the site successfully with Hong Realty and Intrepid Investments. GuocoLand and Intrepid investment, both hold a stake of 40% each and Hong Realty holds an interest of 20%. The quality of Avenir would certainly be praiseworthy as very renowned names of property development are attached to it.
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