Avenue South Residence
Avenue South Residence is a 99-year leasehold condominium located in District 3 (Tiong Bahru, Queenstown), part of the Rest of Central Region (RCR). Completed in 2021, the development comprises 1074 units, on a lease that commenced in 2018. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
AVENUE SOUTH RESIDENCE
Over the 12 months to Jul 2026, Avenue South Residence recorded 58 resale transactions at a median $2,275 psf (median price $1,624,000), and 363 rental contracts at a median $4,150/mo, a gross rental yield of 3.1%. Source: URA caveat data, as of Jul 2026.
Avenue South Residence's median of $2,275 psf over the trailing 12 months places its pricing above roughly 71% of District 3 condos; resale liquidity has been active with 58 caveats lodged; the 3.1% gross rental yield sits above the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jul-26 | $1,600,000 | $1,982 psf | 807 sqft | 01 to 05 | 2BR |
| Jun-26 | $1,490,000 | $2,269 psf | 657 sqft | 36 to 40 | 1BR |
| Jun-26 | $1,362,888 | $2,076 psf | 657 sqft | 01 to 05 | 1BR |
| May-26 | $3,660,000 | $2,446 psf | 1,496 sqft | 51 to 55 | 4BR |
| May-26 | $1,640,000 | $2,381 psf | 689 sqft | 36 to 40 | 1BR |
| May-26 | $980,000 | $2,069 psf | 474 sqft | 01 to 05 | Studio |
| May-26 | $2,700,000 | $2,435 psf | 1,109 sqft | 21 to 25 | 3BR |
| May-26 | $2,335,000 | $2,465 psf | 947 sqft | 26 to 30 | 2BR |
Can I afford Avenue South Residence?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,624,000.
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.