We track 582 sales and 1030 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the AVENUE SOUTH RESIDENCE dashboard.
- Average sale price: $1,957,489 across 582 transactions
- Estimated gross rental yield: 2.7%
- District 3 PSF ranking: Above average (top 28%)
- 99 yrs lease commencing from 2018 · RCR · D3 · 1074 units
About AVENUE SOUTH RESIDENCE
AVENUE SOUTH RESIDENCE is a 99 yrs lease commencing from 2018 condominium, located at SILAT AVENUE in District 3 (Tiong Bahru, Queenstown) (Rest of Central Region), comprising 1074 residential units, completed in 2021.
With approximately 91 years remaining on its 99-year lease, the property qualifies for full bank financing and CPF usage.
Unit Mix Distribution
Transaction data breakdown by bedroom type at AVENUE SOUTH RESIDENCE:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 8 | $2,001 psf | $958,674 |
| 1 BR | 253 | $2,345 psf | $1,439,461 |
| 2 BR | 160 | $2,246 psf | $1,857,098 |
| 3 BR | 58 | $2,239 psf | $2,498,346 |
| 4 BR | 103 | $2,109 psf | $3,158,892 |
Sales Market Overview
AVENUE SOUTH RESIDENCE has recorded 582 sale transactions with an average transaction price of $1,957,489, ranging from $660,000 to $3,950,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 272 | $2,212 psf | $1,930,791 | — |
| 2022 | 162 | $2,346 psf | $2,148,086 | ↑ 6.1% |
| 2023 | 21 | $2,243 psf | $1,687,152 | ↓ 4.4% |
| 2024 | 48 | $2,278 psf | $1,891,137 | ↑ 1.6% |
| 2025 | 60 | $2,256 psf | $1,744,499 | ↓ 1.0% |
| 2026 | 19 | $2,231 psf | $1,853,620 | ↓ 1.1% |
AVENUE SOUTH RESIDENCE ranks in the top 28% of condos in District 3 by average PSF.
Compared to the RCR average of $2,049 psf, AVENUE SOUTH RESIDENCE trades 10.3% above the segment benchmark.
Loading chart data...
Rental Market Overview
AVENUE SOUTH RESIDENCE has recorded 1030 rental transactions with monthly rents averaging $4,444/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 18 | $5,269/mo | $3,400/mo | $16,000/mo |
| 1 BR | 350 | $3,663/mo | $3,050/mo | $4,985/mo |
| 2 BR | 526 | $4,354/mo | $3,100/mo | $6,300/mo |
| 3 BR | 106 | $6,207/mo | $3,600/mo | $9,000/mo |
| 4 BR | 30 | $8,407/mo | $7,500/mo | $9,200/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2023 | 296 | $4,586/mo |
| 2024 | 317 | $4,376/mo |
| 2025 | 310 | $4,324/mo |
| 2026 | 107 | $4,600/mo |
Loading chart data...
Investment Analysis
Based on average rents and sale prices, AVENUE SOUTH RESIDENCE delivers an estimated gross rental yield of 2.7%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 3
Side-by-side comparison against the most actively traded condos in District 3 (Tiong Bahru, Queenstown):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| ZYON GRAND | 99 yrs lease commencing from 2024 | 1079 | $3,053 psf | 630 |
| STIRLING RESIDENCES | 99 yrs lease commencing from 2017 | 1259 | $2,278 psf | 463 |
| PENRITH | 99 yrs lease commencing from 2024 | 462 | $2,796 psf | 451 |
| ONE PEARL BANK | 99 yrs lease commencing from 2019 | 774 | $2,569 psf | 428 |
| PROMENADE PEAK | 99 yrs lease commencing from 2024 | 596 | $2,981 psf | 421 |
Location Map
Map shows AVENUE SOUTH RESIDENCE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- AVENUE SOUTH RESIDENCE
- Cantonment MRT
- Keppel MRT
- Tiong Bahru MRT
- Outram Park MRT
- Outram Park MRT
- Cantonment Primary School
- Outram Secondary School
- Radin Mas Primary School
Nearby MRT Stations
AVENUE SOUTH RESIDENCE is 570m from Cantonment MRT (Circle Line), with 7 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Cantonment | CC31 | Circle Line | 570m |
| Keppel | CC30 | Circle Line | 860m |
| Tiong Bahru | EW17 | East-West Line | 1.1 km |
| Outram Park | EW16 | East-West Line | 1.2 km |
| Outram Park | NE3 | North-East Line | 1.2 km |
| Outram Park | TE17 | Thomson-East Coast Line | 1.2 km |
| Havelock | TE16 | Thomson-East Coast Line | 1.5 km |
Nearby Schools
There are 8 schools within 2 km of AVENUE SOUTH RESIDENCE, including 1 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Cantonment Primary School | Primary | 550m |
| Outram Secondary School | Secondary | 1.1 km |
| Radin Mas Primary School | Primary | 1.4 km |
| Gan Eng Seng School | Secondary | 1.4 km |
| Gan Eng Seng Primary School | Primary | 1.5 km |
| Bukit Merah Secondary School | Secondary | 1.5 km |
| Henderson Secondary School | Secondary | 1.6 km |
| Blangah Rise Primary School | Primary | 1.6 km |
FAQ
What is the average price for AVENUE SOUTH RESIDENCE?
What is the rental yield for AVENUE SOUTH RESIDENCE?
Is AVENUE SOUTH RESIDENCE freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 582 transactions analysed
- Rental data: 1030 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for AVENUE SOUTH RESIDENCE
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.