Avenue South Residence
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 1,232 transactions on record, units have recently transacted around S$1.60M (S$2,105 psf, ~689 sqft). There are 461 units for sale from S$900k to S$3.75M. The lease has approximately 91 years remaining.
What are the key facts about Avenue South Residence?
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.
- Tenure
- 99-year
- TOP / Completion
- 2023
- Developer
- UNITED VENTURE DEVELOPMENT (SILAT) PTE LTD
- Total units
- 1,074
- Blocks
- 7
- District / Area
- District 3 (Bukit Merah)
- Market segment
- RCR
- Median PSF
- S$2,105 psf
- Last transacted
- Jul 2026
- Remaining lease
- ≈ 91 years
What is the price and PSF at Avenue South Residence?
Units have recently transacted around S$1.60M (S$2,105 psf), at a gross rental yield of about 3.3% (URA caveat data).
Recent median price
S$1.60M
recent · 1,232 sales on record
Median PSF
S$2,105 psf
recent transactions
Median rent (monthly)
S$4,379
1,082 rentals on record
Gross rental yield
3.3%
indicative, gross
Units currently for sale are asking a median of S$2,326 psf — about 10% above the most recent transacted PSF.
Source: URA caveat data, through Jul 2026.
What has recently sold at Avenue South Residence?
Avenue South Residence has 1232 recorded sales; the most recent transacted at S$1,650,000 in Jul 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Jul 2026 | S$1,650,000 | 807 | S$2,044 psf |
| Jul 2026 | S$1,600,000 | 807 | S$1,982 psf |
| Jun 2026 | S$1,490,000 | 657 | S$2,269 psf |
| Jun 2026 | S$1,362,888 | 657 | S$2,076 psf |
| May 2026 | S$3,660,000 | 1,496 | S$2,446 psf |
| May 2026 | S$1,380,000 | 657 | S$2,102 psf |
| May 2026 | S$2,335,000 | 947 | S$2,465 psf |
| May 2026 | S$2,170,000 | 1,001 | S$2,168 psf |
| May 2026 | S$1,110,000 | 527 | S$2,105 psf |
| May 2026 | S$980,000 | 474 | S$2,069 psf |
| May 2026 | S$1,640,000 | 689 | S$2,381 psf |
| May 2026 | S$2,700,000 | 1,109 | S$2,435 psf |
1,232 sales and 1,082 rentals on record since Sept 2019. Source: URA.
Are prices at Avenue South Residence rising?
The median transacted PSF at Avenue South Residence has risen 10% over the past 7 years (2019–2026), from S$1,966 psf to S$2,168 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2026 | S$2,168 psf | S$1.60M | 28 | -5.0% |
| 2025 | S$2,282 psf | S$1.62M | 60 | -0.4% |
| 2024 | S$2,292 psf | S$1.69M | 48 | -0.3% |
| 2023 | S$2,298 psf | S$1.65M | 21 | -2.4% |
| 2022 | S$2,355 psf | S$1.70M | 162 | +5.9% |
| 2021 | S$2,224 psf | S$1.71M | 305 | +8.5% |
| 2020 | S$2,050 psf | S$1.48M | 195 | +4.3% |
| 2019 | S$1,966 psf | S$1.39M | 181 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around Avenue South Residence?
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
38,483
all-time · all property types
Source: CEA public transaction records, attributed to District 3across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
What bedroom types are available at Avenue South Residence?
Avenue South Residence has 461 units listed for sale, spanning 1–4-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 1-bedroom | 168 | S$900k–S$1.45M | S$2,275 psf |
| 2-bedroom | 237 | S$1.30M–S$2.09M | S$2,326 psf |
| 3-bedroom | 23 | S$2.00M–S$2.98M | S$2,687 psf |
| 4-bedroom | 32 | S$3.25M–S$3.75M | S$2,440 psf |
| Unspecified | 1 | S$1.45M–S$1.45M | — |
Where is Avenue South Residence and what's nearby?
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.
Who built Avenue South Residence and how big is the development?
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
How far is Avenue South Residence from MRT and schools?
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
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does Avenue South Residence have?
Avenue South Residence has 10 facilities, including Car Park, Clubhouse, Gymnasium room, Lap pool, and more.
What does it cost to own a unit at Avenue South Residence?
Buying a unit at Avenue South Residence (~S$1.60M) needs about S$11,712/mo in income and S$5,389/mo in repayments, after S$49,600 stamp duty and a S$400k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.60M) 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$49,600
BSD, tiered
Downpayment (25%)
S$400k
cash + CPF
Monthly instalment
S$5,389/mo
30y @ 3.5%
Income required
S$11,712/mo
TDSR @ stress rate
Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →
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.
PropKakiRecent units at Avenue South Residence sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Avenue South Residence
How much does a unit at Avenue South Residence cost?⌄
Units at Avenue South Residence have recently transacted around S$1.60M (S$2,105 psf), from 1,232 sales on record (URA caveats). The exact price depends on size, floor and facing.
How much do I need to earn to buy at Avenue South Residence?⌄
For a unit around S$1.60M as a first home, you'd need roughly S$11,712/mo in income (assessed at the stress-test rate), with repayments near S$5,389/mo after a S$400k (25%) downpayment and S$49,600 Buyer's Stamp Duty.
Is Avenue South Residence a good investment?⌄
Gross rental yield is about 3.3%, and current asking prices sit about 10% above the most recent transacted PSF; median PSF has risen about 10% since 2019. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.
Are prices at Avenue South Residence going up?⌄
The median transacted PSF at Avenue South Residence has risen about 10% between 2019 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Avenue South Residence freehold or leasehold?⌄
Avenue South Residence is 99-year, with approximately 91 years remaining on the lease.
When was Avenue South Residence built and who developed it?⌄
Avenue South Residence obtained TOP in 2023, developed by UNITED VENTURE DEVELOPMENT (SILAT) PTE LTD, with 1,074 units across 7 blocks.
How many units are for sale at Avenue South Residence?⌄
There are 461 units for sale at Avenue South Residence, from S$900k to S$3.75M.
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 qualify for Primary 1 (P1) registration priority.