AMO RESIDENCE

Ang Mo Kio Avenue 1 Condo (AMO Residence) is located adjacent to the public housing estate of Kebun Baru and the landed housing estate of Shangri-La Park. This land parcel is currently on the confirmed tender list and it is estimated to yield about 370 units.

Ang Mo Kio Avenue 1 Condo Factsheet

AMK Ave 1 GLS awarded to UOL on 25 May 2021

This Ang Mo Kio Ave 1 GLS site saw 15 bidders and UOL emerged as the top bidder with $1,118 psf per-plot-ratio. By looking at the bids for this land, it explains the attractiveness of the land parcel that is very close to the MRT station. The level of bidding among developers showed their confidence and any restriction induced by the pandemic is temporary.

Pent-up Demand

There is potentially pent-up demand in Ang Mo Kio area as the last project was seven years ago. Furthermore being situated in a mature HDB estate is likely to provide a sizeable pool of HDB upgraders. It is minute’s walk to Mayflower MRT station which is slated for completion in 3Q 2021. It is near vast stretches of greenery like Bishan-Ang Mo Kio Park and Lower Pierce Reservoir.

Ang Ko Kio Avenue 1 Condo is also located within 400m of the upcoming Mayflower MRT station, which is along the Thomson-East Coast Line. The Thomson-East Coast Line (TEL) will bring residents in the east and along the North-South Corridor closer to a train station and hence giving them faster access to the city.

Mayflower Station of the Thomson East Coast Line Stage 2 is expected to be completed by Q3 2021. By then, it provides future residents with good connectivity to Woodlands Regional Centre, the Central Business District and the East Coast Region. Furthermore, this station will be ready before the condo is ready for its key collection.

This condo will also be well connected to major arterial roads and expressways such as the upcoming North-South Corridor (NSC), The Central Express (CTE) and Upper Thomson road. The residents are able to travel to the different parts of Singapore at ease, especially the North South Corridor.

North South Corridor features dedicated bus lanes, cycling trunk routes and pedestrian paths, providing convenience to the public bus commuters, active mobility users and pedestrians. Once completed, it will directly connect the Northern region and the city centre.

It is within easy access to recreational and educational facilities such as the Bishan-Ang Mo Kio Park, Windsor Nature Park, Mayflower Secondary School and Eunoia Junior College.

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