FreeholdCCRDistrict 9 (River Valley)

The Avenir

Reviewed by Nathan TangUpdated 10 August 2026Data through May 2026 (URA)
Quick Summary

The Avenir is a freehold condominium in District 9 (River Valley) that obtained TOP in 2024, with 376 units across 2 blocks. Across 388 transactions on record, units have recently transacted around S$4.03M (S$3,542 psf, ~1,141 sqft). There are 41 units for sale from S$1.60M to S$12.50M.

1

What are the key facts about The Avenir?

Key Takeaway

The Avenir is a freehold condominium in District 9 (River Valley) that obtained TOP in 2024, with 376 units across 2 blocks.

Tenure
Freehold
TOP / Completion
2024
Developer
CARMEL DEVELOPMENT PTE LTD
Total units
376
Blocks
2
District / Area
District 9 (River Valley)
Market segment
CCR
Median PSF
S$3,542 psf
Last transacted
May 2026
Remaining lease
Freehold
2

What is the price and PSF at The Avenir?

Key Takeaway

Units have recently transacted around S$4.03M (S$3,542 psf), at a gross rental yield of about 2.7% (URA caveat data).

Recent median price

S$4.03M

recent · 388 sales on record

Median PSF

S$3,542 psf

recent transactions

Median rent (monthly)

S$9,142

220 rentals on record

Gross rental yield

2.7%

indicative, gross

Units currently for sale are asking a median of S$3,484 psf.

Source: URA caveat data, through May 2026.

3

What has recently sold at The Avenir?

Key Takeaway

The Avenir has 388 recorded sales; the most recent transacted at S$4,028,888 in May 2026 (URA caveat data).

DatePriceSize (sqft)PSF
May 2026S$4,028,8881,141S$3,531 psf
Nov 2025S$5,030,0001,528S$3,291 psf
Oct 2025S$7,155,0002,056S$3,480 psf
Aug 2025S$9,300,0002,411S$3,857 psf
Jul 2025S$6,900,0002,411S$2,862 psf
Apr 2025S$2,886,000807S$3,575 psf
Mar 2025S$2,700,000829S$3,258 psf
Mar 2025S$2,936,000829S$3,542 psf
Mar 2025S$2,990,000829S$3,608 psf
Mar 2025S$9,016,0002,411S$3,739 psf
Mar 2025S$2,976,000829S$3,591 psf
Feb 2025S$8,594,0002,411S$3,564 psf

388 sales and 220 rentals on record since Jan 2020. Source: URA.

4

Are prices at The Avenir rising?

Key Takeaway

The median transacted PSF at The Avenir has risen 12% over the past 5 years (20202025), from S$3,135 psf to S$3,525 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2025S$3,525 psfS$2.98M14+8.7%
2024S$3,243 psfS$3.49M4+4.0%
2023S$3,118 psfS$1.66M41-3.4%
2022S$3,228 psfS$3.73M137+3.0%
2021S$3,134 psfS$4.46M138-0.0%
2020S$3,135 psfS$4.79M53

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

5

How many property agents are active around The Avenir?

Key Takeaway

8,302 CEA-registered agents closed at least one recorded deal in District 9 — where The Avenir sits — in the last 12 months, across all property types.

Active agents · 12mo

8,302

District 9 · closed ≥1 deal

Deals on record

67,330

all-time · all property types

Source: CEA public transaction records, attributed to District 9across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

What bedroom types are available at The Avenir?

Key Takeaway

The Avenir has 41 units listed for sale, spanning 1–4-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom15S$1.60M–S$2.20MS$3,197 psf
2-bedroom10S$2.78M–S$3.20MS$3,607 psf
3-bedroom7S$4.30M–S$5.58MS$3,652 psf
4-bedroom9S$7.80M–S$12.50MS$4,368 psf
7

Where is The Avenir and what's nearby?

Key Takeaway

The Avenir is located in River Valley, in the Central Region of Singapore.

The Avenir is a freehold condominium completed in 2024. It was developed by CARMEL DEVELOPMENT PTE LTD. The development has 376 residential units. It sits on a land area of 11,924 sqm and has a gross floor area of 50,404 sqm. The plot ratio is 2.8.

THE AVENIR is located at 8 River Valley Close, Singapore 238432. It is part of District 09, Orchard / Cairnhill / River Valley, River Valley. The project falls within the Central Region and the CCR market segment.

The nearest rail connection is Great World MRT, approximately 339m away, around 5 minutes on foot. Nearby amenities include Great World for shopping, NTUC Fairprice Co-operative Ltd for groceries, Zion Riverside Food Centre for food options, and Kim Seng Pk for greenery and recreation. Facilities in the development include Barbeque Area, Car Park, Clubhouse, Electrical Sub-Station, Fitness corner, and Lounge.

8

Who built The Avenir and how big is the development?

Key Takeaway

The Avenir was developed by CARMEL DEVELOPMENT PTE LTD, with 376 units over up to 36 storeys.

Developer
CARMEL DEVELOPMENT PTE LTD
Floors
36 storeys
Blocks
2
Land area
11,924 sqm (128,349 sqft)
Gross floor area
50,404 sqm (542,544 sqft)
Plot ratio
2.80
9

How far is The Avenir from MRT and schools?

Key Takeaway

The nearest MRT/LRT to The Avenir is Great World MRT, about 339 m away (~5 min walk). 1 school is within 1 km, including 1 primary school.

Getting around

Schools nearby

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

  • River Valley Primary SchoolPrimary schoolwithin 1 km · P1 priority105 m
  • Alexandra Primary SchoolPrimary school1.4 km
  • School Of The Arts, SingaporeMixed-level school1.4 km
  • St. Margaret's School (Primary)Primary school1.5 km
  • Gan Eng Seng SchoolSecondary school1.6 km
  • Zhangde Primary SchoolPrimary school1.7 km
  • Anglo-Chinese School (Junior)Primary school1.7 km

Shops, food & parks

Mall: Great World · 536 mSupermarket: NTUC Fairprice Co-operative Ltd · 373 mHawker centre: Zion Riverside Food Centre · 660 mPark: Kim Seng Pk · 345 m

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

10

What facilities does The Avenir have?

Key Takeaway

The Avenir has 12 facilities, including Barbeque Area, Car Park, Clubhouse, Electrical Sub-Station, and more.

Barbeque AreaCar ParkClubhouseElectrical Sub-StationFitness cornerLoungePool DeckPlayground24 hours securitySwimming poolTennis courtsWading pool
11

What does it cost to own a unit at The Avenir?

Key Takeaway

Buying a unit at The Avenir (~S$4.03M) needs about S$29,493/mo in income and S$13,569/mo in repayments, after S$181,333 stamp duty and a S$1.01M downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$4.03M) 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$181,333

BSD, tiered

Downpayment (25%)

S$1.01M

cash + CPF

Monthly instalment

S$13,569/mo

30y @ 3.5%

Income required

S$29,493/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 →

Keep going in the PropKaki app

Thinking about The Avenir? Ask before you commit.

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

PropKaki
Is The Avenir a good buy, and what are units selling for?

Recent units at The Avenir sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
12

Frequently asked questions about The Avenir

How much does a unit at The Avenir cost?

Units at The Avenir have recently transacted around S$4.03M (S$3,542 psf), from 388 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at The Avenir?

For a unit around S$4.03M as a first home, you'd need roughly S$29,493/mo in income (assessed at the stress-test rate), with repayments near S$13,569/mo after a S$1.01M (25%) downpayment and S$181,333 Buyer's Stamp Duty.

Is The Avenir a good investment?

Gross rental yield is about 2.7%; median PSF has risen about 12% since 2020. 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 The Avenir going up?

The median transacted PSF at The Avenir has risen about 12% between 2020 and 2025, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is The Avenir freehold or leasehold?

The Avenir is freehold — ownership does not expire.

When was The Avenir built and who developed it?

The Avenir obtained TOP in 2024, developed by CARMEL DEVELOPMENT PTE LTD, with 376 units across 2 blocks.

How many units are for sale at The Avenir?

There are 41 units for sale at The Avenir, from S$1.60M to S$12.50M.

What is the nearest MRT to The Avenir?

The nearest MRT/LRT station to The Avenir is Great World MRT, about 339 m away (~5 min walk).

Which primary schools are within 1 km of The Avenir?

River Valley Primary School is within 1 km of The Avenir — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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