The Avenir

Walking distance to Singapore River and MRT

Last Updated: 19th September 2020

  • 19-09-2020: Register Interest to view The Avenir showflat and get Direct Developer Price & VVIP Discounts.
  • 19-09-2020: Be the earliest to get the updated The Avenir price and floor plan.
  • 18-10-2019: The Avenir launch date is estimated to be in Dec 2019. Bookmark this page to get the update.
  • 07-10-2019: Check your loan eligibility by calculating at Max Loan Eligibility Calculator
  • 01-10-2019: Location map, nearby amenities, and site view are updated.
  • 01-10-2019: Welcome to The Avenir website.
Project Details
Project DetailsThe Avenir Freehold Condominium
Location8/10 River valley Close, Singapore
DistrictD09 Orchard / River Valley
DeveloperCarmel Development Pte. Ltd. (JV of Guocoland, Hong Leong Holdings, and Hong Realty)
Site Area129,648.07 sq ft / 12,044.70 sqm
No. of Blocks2 Towers
No. of Storeys36 storeys
Site UseResidential Flat Developement
TenureFreehold
No. of UnitsApprox. 376
No. of Car Park LotsTBC
Expected Date of TOPEst. 2025
The-Avenir-Day-facade

The Avenir Price

Avenir previously known as Pacific Mansion was sold to the Tripartite of Guocoland, Hong Realty and Intrepid Investments at price of $980 million. The acquisition marks the biggest collective sale in the past decade, exceeding Tampines Court’s $970M and Amber Park’s $907M.
The site area of 128,352 sq ft, located in the Country’s most prime district 9, has a plot ratio of 2.8. The site like this can be developed as high rise luxury condo. The sale price translates to a land price of $1,806 per sq ft per plot ratio (psf ppr) after factoring 10% extra balcony floor area.

It’s estimated that break even cost between $2,530-2800, and the launch price may range from $ $3,000 to $3,200psf.

The Avenir Price is coming soon. Register your interest to be notified the earliest!

1 BEDROOM

$1.55M

69 UNITS

527 – 538 sqft / 49 – 50 sqm

2 BEDROOM

$2.43M

69 UNITS

807 – 829 sqft / 75 – 77 sqm

3 BEDROOM

$3.34M

69 UNITS

1141 sqft / 106 sqm

3 BEDROOM + Private Lift

$4.48M

68 UNITS

1528 – 1572 sqft / 142 – 146 sqm

4 BEDROOM + Private Lift

$6.22M

67 UNITS

2056 – 2067 sqft / 191 – 192 sqm

4 BEDROOM + Family Room + Private Lift

$7.30M

34 UNITS

2411 sqft / 224 sqm

The Avenir Gourmet Salon
Buyer's Stamp Duty

Buyer’s Stamp Duty (BSD)

Purchase Price or Market Value of the Property BSD Rates for Residential Properties BSD Rates for Non-Residential Properties
First $180,000 1% 1%
Next $180,000 2% 2%
Next $640,000 3% 3%
Remaining Amount 4%
ABSD

Additional Buyer’s Stamp Duty (ABSD)

Nationality 1st Property 2nd Property 3rd Property
Singapore Citizens N.A. 12% 15%
Permanent Residents 5% 15% 15%
Foreigners 20% 20% 20%
Entities / Companies 25% 25% 25%
Housing Loan Information

Residential Home Loan Regulations (MAS)

First Loan Second Loan Third Loan
Loan Tenure Up to 30 years 31-35 years Up to 30 years 31-35 years Up to 30 years 31-35 years
Age Age used to calculate loan tenure, will be based on income-weighted
Up to 65 Up to 70-75 Up to 70-75 Up to 65 Up to 70-75 Up to 70-75 Up to 65 Up to 70-75 Up to 70-75
Maximum LTV Limit 75% 55% 55% 45% 25% 25% 35% 15% 15%
20% (non-individuals)
Minimum Cash Downpayment 5% 10% 10% 25% 25% 25% 25% 25% 25%
Gaurantors / Co-borrowers All Co-borrowers must be mortgagors.
Guarantors must be co-borrowers if the latter did not pass the TDSR criteria
Mortgage Servicing Ratio N/A
Total Debt Servicing Ratio 60%
Stress Test Interest Rate 3.5%
Normal Payment Scheme

Also known as Progressive Payment Scheme, allows you to service your loan via monthly instalments progressively stage by stage as the property is being built.

Stage Payment Under a Standard Payment Scheme (% of Purchase Price)
Upon the grant of Option to Purchase 5% (Booking Fee)
Upon signing of the Sale & Purchase Agreement or within 8 weeks from the Option date 20% less Booking Fee
Completion of foundation work 10%
Completion of reinforced concrete framework of unit 10%
Completion of partition walls of unit 5%
Completion of roofing/ceiling of unit 5%
Completion of door sub-frames/ door frames, window frames, electrical wiring, internal plastering and plumbing of unit 5%
Completion of car park, roads and drains serving the housing project 5%
Notice of Vacant Possession (TOP) 25%
On Completion date 15%

The Avenir Location

The Avenir is located at the heart of River Valley, which is a region especially attractive to expatriates.

The residents of The Avenir will enjoy easy access to Orchard and CBD by foot or public transport. Somerset MRT is only 10 mins walk away and upcoming Great World MRT (year 2021) will add more convenience to the area.

Being near to the charming Robertson Quay locality, it is a wonderful location filled with amenities. Restaurants, hotels, pubs and F&B outlets along Singapore River and all the major shopping malls along Orchard shopping belt are within easy reach.

River Valley Primary is just next door. Other popular schools, like St Margaret’s Primary and Alexandra Primary is also within 2km. Expatriates can find many international schools nearby, such as ISS International, Chatsworth International, and Middle School Campus.

It’s so close to city centre. In fact, enthusiastic joggers and cyclist can head to CBD along Singapore River promenade in less than 20 mins.

Amenities @The Avenir

What's nearby?
CatergoryAmenitesApprox Distance
MRT StationGreat World (TE15)0.35km
Somerset MRT (NS23)0.75km
Fort Canning (DT20)0.86km
Dhoby Ghaut (CC1, NE6, NS24)1.15km
Bus StopsThe Morningside (13089) Services: NR6, NR7, 32, 54, 139, 1950.20km
Opp Great World City (13119) Services: NR5, 5, 16, 75, 175, 195, 9700.45km
SchoolsRiver Valley Primary School0.09km
St. Margaret’s Primary School1.50km
Outram Secondary School0.85km
Shopping MallsWaterfront Plaza0.45km
Great World City0.50km
UE Shopping Mall0.70km
Takashimaya Shopping Centre0.90km
Ion Orchard1.20km
Parks/SportsFort Canning Park1.05km

The Central Area is envisioned as a well-connected and walkable global city centre with abundant job and business opportunities and endless options for leisure. It is an area of strong local identity and rich built heritage, and provides a variety of housing options within an attractive environment where work and play are close by.

Want to know how Central Area is planned with the comprehensive range of facilities to meet the needs of current and future residents? Check out the Central Area URA Master Plan.

The Avenir Site Plan

The-Avenir-site-plan

The Avenir Floor Plan

The The Avenir is designed to accommodate all your needs, a love nest for younger families or even multi-generational living. Stay tuned for the floor plans of the units available in The Avenir.

TYPE (1)a

#02-07 to #36-07  | 50 sq m
The Avenir Floor Plan 1 Bedroom 1a

TYPE (1)b

#03-02 to #36-02 | 49 sq m
The Avenir Floor Plan 1 Bedroom 1b

TYPE (2)a

#03-01 to #36-01 | 77 sq m
The Avenir Floor Plan 2 Bedroom 2a

TYPE (2)b

#02-04 to #36-04 | 75 sq m
The Avenir Floor Plan 2 Bedroom 2b

TYPE (3L)a

#04-08 to #36-08 | 146 sq m
The Avenir Floor Plan 3 Bedroom

TYPE (4+1)a

#03-11 to #36-11 | 224 sq m
The Avenir Floor Plan 4 Bedroom
1 Bedroom

TYPE (1)a

#02-07 to #36-07  | 50 sq m
The Avenir Floor Plan 1 Bedroom 1a

TYPE (1)b

#03-02 to #36-02 | 49 sq m
The Avenir Floor Plan 1 Bedroom 1b
2 Bedroom

TYPE (2)a

#03-01 to #36-01 | 77 sq m
The Avenir Floor Plan 2 Bedroom 2a

TYPE (2)b

#02-04 to #36-04 | 75 sq m
The Avenir Floor Plan 2 Bedroom 2b
3 Bedroom

TYPE (3L)a

#04-08 to #36-08 | 146 sq m
The Avenir Floor Plan 3 Bedroom
4 Bedroom

TYPE (4+1)a

#03-11 to #36-11 | 224 sq m
The Avenir Floor Plan 4 Bedroom
hausonhandycondo-download-pdf

Click the button above to view & download the Full The Avenir Floor Plan.

How to read Floor Plan

Is floor plan easy to understand? Whereas it is exciting to read floor plans, compare them and hopefully make the decision, sometimes it can be confusing due to the many unfamiliar symbols and different types of lines. Armed with some basic knowledge, you will be able to gain more information from floor plans.

Doors

When reading floor plan, it is easier to first visualise yourself at the main door. That helps you better understand how living room, kitchen, bedrooms are connected.
Doors are quarter-circles on the floor plan. The arc of the door symbol indicates if the door swings inwards or outwards.

Windows

Windows are marked with thin hollow lines. There are two types of windows in Singapore – the sliding window and the casement window. The difference is that casement windows usually come in pairs.

Walls

You can quickly notice these bold lines and normal lines by looking at its thickness from the floor plan.

  • Bold lines are structual walls which cannot be hacked.
  • Normal lines are non-structual walls which usually can be safely removed. Non-structural walls seperate one room from another.

 

* For development using prefabricated structure, walls are indicated as normal lines but they cannot be hacked. You need to check the brochure if it is prefabricated units before planning any renovation work.

Facing

It is important to know the facing of doors and windows. The facing of North is usually indicated at the corner of the floor plan and is easier to tell directions from the site plan.

Symbols of door and windows on the floor plan and Their Meanings

canberra-link-ec-floor-plan-symbols

The Avenir Showflat

Direct-Developer-Sale

Location, Opening Hours

The Avenir showflat is targeted to open in Dec 2019.

Kindly book an appointment here before making your way down to view The Avenir Showflat as it may be closed at certain days/time.

Online registrants who have booked an appointment here will be able to receive Direct Developer Price and need not pay any commission. Please be informed that units for sale at The Avenir are on first come first serve basis.

things-to-check

Things to Take Note Before Visiting The Avenir Showflat

  • It is advisable to check exactly how much CPF you are eligible for Haus on Handy purchase after setting aside the minimum sum.
  • How are you affected by the TDSR & ABSD? You will need to know the bracket you are in. Find out more using the TDSR calculator.
  • On the actual launch date, you will need to understand how the Balloting System works.

 

Alternatively, you may simply book an appointment by filling up the form below and let us contact you. Our experienced sales team is able to assist you throughout the process.

Register Interest

Register Interest @The Avenir & Get VVIP Discount

Register Interest

Step 1 of 2

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  • Select your most preferred bedroom size. You can always change your preference later.
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