Avenue South Residence Pricing

Avenue South Residence pricing has yet to be officially announced but a rough estimate can be made based on several factors like the land cost, construction cost and also taking into account the developer’s profit margin and expenses.

For the cost of the land, UOL group won the Silat Avenue site for $1.035b in May 2018. The total site area of Avenue South Residence is 245,972 sqft and with a gross plot ratio of 3.7, the gross floor area is  910,096 sqft.  This puts the land cost at about 1137 psf ppr.

Construction cost can be estimated at about 400 psf for this luxurious project based on historical data of recent launches. Finally, taking into account other expenses and profit margin of the developer which is about 30% of total cost of land and construction, the estimated launch price of this project is about $2000 psf.

Breakdown of Avenue South Residence Estimated Launch Price

Land Cost 1137 psf
Construction Cost Approx. 400 psf
Expenses and Profit margin Approx. 461 psf
Estimated Launch Price Approximately 2000 psf

Estimated Launch Price Per Unit

Unit Type Unit Size Estimated Launch Price
1 Bedroom 463 Sqft From $800k
2 Bedroom 646 Sqft From $1.1m
3 Bedroom 840 – 864 Sqft From $1.5m
4 Bedroom 1270 Sqft From $2.4m

Detailed Official Pricing of Avenue South Residence will be released soon, please contact developer sales hotline at 6100 7800 or fill in the form below to receive first hand information on this project.

Parc Clematis Showflat 4

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