99-yearRCRDistrict 3 (Bukit Merah)

Avenue South Residence

Reviewed by Nathan TangUpdated 24 September 2026Data through Aug 2026 (URA)
Quick Summary

Avenue South Residence is a 99-year apartment in District 3 (Bukit Merah) that obtained TOP in 2023, with 1,074 units across 7 blocks. Across 1,237 transactions on record, units have recently transacted around S$1.49M (S$2,102 psf, ~657 sqft). There are 546 units for sale from S$900k to S$4.38M. The lease has approximately 91 years remaining.

Key facts about Avenue South Residence
Tenure99-year leasehold from 2018 (≈91 years left)
TOP year2023
DeveloperUNITED VENTURE DEVELOPMENT (SILAT) PTE LTD
Units1,074 in 7 blocks
District and areaDistrict 3 · Bukit Merah · RCR
Latest median psfS$2,102 psf, last 12 URA caveats to Aug 2026
1

What's for sale and for rent at Avenue South Residence?

Key Takeaway

Avenue South Residence has 546 units listed for sale, asking S$900k to S$4.38M (median S$2,322 psf), and 78 units for rent at a median of S$4,500 a month.

For sale

546 listings

S$900k – S$4.38M

For rent

78 listings

S$3,500 – S$8,900 a month

BedroomsFor saleAsking priceMedian PSF
0-bedroom1S$1.45M–S$1.45M
1-bedroom185S$900k–S$1.40MS$2,256 psf
2-bedroom289S$1.30M–S$2.09MS$2,326 psf
3-bedroom34S$2.00M–S$3.09MS$2,426 psf
4-bedroom37S$3.30M–S$4.38MS$2,440 psf

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Avenue South Residence?

Key Takeaway

Floor plans for Avenue South Residence aren't in PropKaki's library yet. Across 1,000 URA caveats, units range from 474 sqft to 1,668 sqft, and the middle half are 657 sqft to 947 sqft.

Unit typeSizes listed for saleAsking from
0-bedroom527 sqftS$1.45M
1-bedroom474 sqft to 529 sqftS$900k · S$2,256 psf
2-bedroom647 sqft to 807 sqftS$1.30M · S$2,326 psf
3-bedroom947 sqft to 1,109 sqftS$2.00M · S$2,426 psf
4-bedroom1,496 sqftS$3.30M · S$2,440 psf

Check the Floor Plan Finder for Avenue South Residence →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Avenue South Residence?

Key Takeaway

Units have recently transacted around S$1.49M (S$2,102 psf), at a gross rental yield of about 3.5% (URA caveat data).

Recent median price

S$1.49M

recent · 1,237 sales on record

Median PSF

S$2,102 psf

recent transactions

Median rent (monthly)

S$4,378

1,121 rentals on record

Gross rental yield

3.5%

indicative, gross

Units currently for sale are asking a median of S$2,322 psf — about 10% above the most recent transacted PSF.

Source: URA caveat data, through Aug 2026.

4

What has recently sold at Avenue South Residence?

Key Takeaway

Avenue South Residence has 1237 recorded sales; the most recent transacted at S$1,028,888 in Aug 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2026S$1,028,888527S$1,951 psf
Aug 2026S$1,340,000657S$2,041 psf
Aug 2026S$2,765,0001,109S$2,494 psf
Aug 2026S$1,670,000689S$2,424 psf
Aug 2026S$1,390,000657S$2,117 psf
Jul 2026S$1,650,000807S$2,044 psf
Jul 2026S$1,600,000807S$1,982 psf
Jun 2026S$1,490,000657S$2,269 psf
Jun 2026S$1,362,888657S$2,076 psf
May 2026S$3,660,0001,496S$2,446 psf
May 2026S$1,380,000657S$2,102 psf
May 2026S$2,335,000947S$2,465 psf

1,237 sales and 1,121 rentals on record since Sept 2019. Source: URA.

5

Are prices at Avenue South Residence rising?

Key Takeaway

The median transacted PSF at Avenue South Residence has risen 10% over the past 7 years (20192026), from S$1,966 psf to S$2,168 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$2,168 psfS$1.60M33-5.0%
2025S$2,282 psfS$1.62M60-0.4%
2024S$2,292 psfS$1.69M48-0.3%
2023S$2,298 psfS$1.65M21-2.4%
2022S$2,355 psfS$1.70M162+5.9%
2021S$2,224 psfS$1.71M305+8.5%
2020S$2,050 psfS$1.48M195+4.3%
2019S$1,966 psfS$1.39M176

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is Avenue South Residence a good investment?

Key Takeaway

Of 163 units at Avenue South Residence that were bought and later resold (bought from 2019, resold up to 2026), 96% sold for more than they were bought for, with a median gain of 12% over a median 4.7-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.5%. Units listed now ask about 10% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

96%

of 163 resales here

Median gain

12%

gross, before costs

Median hold

4.7 years

bought to resold

Every unit at Avenue South Residence with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is Avenue South Residence and what's nearby?

Key Takeaway

Avenue South Residence is located in Bukit Merah, in the Central Region of Singapore.

Avenue South Residence is a 99-year apartment completed in 2023. It was developed by UNITED VENTURE DEVELOPMENT (SILAT) PTE LTD. The development has 1,074 residential units. It sits on a land area of 22,806 sqm and has a gross floor area of 79,821 sqm. The plot ratio is 3.5.

AVENUE SOUTH RESIDENCE is located at 13 Silat Avenue, Singapore 168872. It is part of District 03, Queenstown / Tiong Bahru, Bukit Merah. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Outram Park MRT Exit 6, approximately 974m away, around 15 minutes on foot. Nearby amenities include Tiong Bahru Plaza for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Blk 112 Jalan Bukit Merah for food options, and Silat Avenue Park for greenery and recreation. Facilities in the development include Car Park, Clubhouse, Gymnasium room, Lap pool, Pavillion, and Playground.

8

How far is Avenue South Residence from MRT and schools?

Key Takeaway

4 schools are within 1 km, including 3 primary schools.

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Chij (Kellock)Primary schoolwithin 1 km · P1 priority275 m
  • Radin Mas Primary SchoolPrimary schoolwithin 1 km · P1 priority685 m
  • Chij St. Theresa's ConventSecondary schoolwithin 1 km867 m
  • Zhangde Primary SchoolPrimary schoolwithin 1 km · P1 priority979 m
  • Cantonment Primary SchoolPrimary school1.1 km
  • Gan Eng Seng SchoolSecondary school1.6 km
  • Alexandra Primary SchoolPrimary school1.8 km
  • Gan Eng Seng Primary SchoolPrimary school1.9 km

Shops, food & parks

Mall: Tiong Bahru Plaza · 1.2 kmSupermarket: Cold Storage Singapore (1983) Pte Ltd · 852 mHawker centre: Blk 112 Jalan Bukit Merah · 605 mPark: Silat Avenue Park · 60 m

Straight-line distances from the development. Source: PropKaki amenities data.

9

Who built Avenue South Residence and how big is the development?

Key Takeaway

Avenue South Residence was developed by UNITED VENTURE DEVELOPMENT (SILAT) PTE LTD, with 1,074 units over up to 56 storeys.

Developer
UNITED VENTURE DEVELOPMENT (SILAT) PTE LTD
Floors
56 storeys
Blocks
7
Land area
22,806 sqm (245,482 sqft)
Gross floor area
79,821 sqm (859,185 sqft)
Plot ratio
3.50
10

What facilities does Avenue South Residence have?

Key Takeaway

Avenue South Residence has 10 facilities, including Car Park, Clubhouse, Gymnasium room, Lap pool, and more.

Car ParkClubhouseGymnasium roomLap poolPavillionPlayground24 hours securitySwimming poolTennis courtsWading pool
11

What does it cost to own a unit at Avenue South Residence?

Key Takeaway

Buying a unit at Avenue South Residence (~S$1.49M) needs about S$10,907/mo in income and S$5,018/mo in repayments, after S$44,200 stamp duty and a S$373k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.49M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$44,200

BSD, tiered

Downpayment (25%)

S$373k

cash + CPF

Monthly instalment

S$5,018/mo

30y @ 3.5%

Income required

S$10,907/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Avenue South Residence?

Key Takeaway

7,621 CEA-registered agents closed at least one recorded deal in District 3 — where Avenue South Residence sits — in the last 12 months, across all property types.

Active agents · 12mo

7,621

District 3 · closed ≥1 deal

Deals on record

38,518

all-time · all property types

Source: CEA public transaction records, attributed to District 3 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Avenue South Residence? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Avenue South Residence's own transactions.

PropKaki
Is Avenue South Residence a good buy, and what are units selling for?

Recent units at Avenue South Residence sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
13

Frequently asked questions about Avenue South Residence

Is Avenue South Residence freehold?

No. Avenue South Residence is on a 99-year lease that started in 2018, with about 91 years left.

How old is Avenue South Residence?

Avenue South Residence was completed (obtained TOP) in 2023, so it is about 3 years old.

Is Avenue South Residence a good investment?

Of 163 units at Avenue South Residence that were bought and later resold (bought from 2019, resold up to 2026), 96% sold for more than they were bought for, with a median gain of 12% over a median 4.7-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.5%. Units listed now ask about 10% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Avenue South Residence an EC?

No. Avenue South Residence is a private apartment development, not an executive condominium (EC).

Who is the developer of Avenue South Residence?

Avenue South Residence was developed by UNITED VENTURE DEVELOPMENT (SILAT) PTE LTD.

What is the price of a condo at Avenue South Residence?

Units at Avenue South Residence have recently sold for around S$1.49M (S$2,102 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 546 units are listed for sale from S$900k to S$4.38M.

Where is Avenue South Residence located?

Avenue South Residence is at 13 Silat Avenue, Singapore 168872, in Bukit Merah (District 3).

How many units are there in Avenue South Residence?

Avenue South Residence has 1,074 units in 7 blocks, up to 56 storeys high.

How much do I need to earn to buy at Avenue South Residence?

For a unit around S$1.49M as a first home, you'd need roughly S$10,907/mo in income (assessed at the stress-test rate), with repayments near S$5,018/mo after a S$373k (25%) downpayment and S$44,200 Buyer's Stamp Duty.

Are prices at Avenue South Residence going up?

The median price per square foot at Avenue South Residence has risen about 10% between 2019 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Avenue South Residence?

Chij (Kellock), Radin Mas Primary School, Zhangde Primary School are within 1 km of Avenue South Residence. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.