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.
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