Ang Mo Kio Ave 1 Condo

This 99-year leasehold private housing site in Mg Mo Kio Avenue 1, opposite Bishan-Ang Mo Kio Park, has attracted a total of 15 bids.

The highest bid of $381.38 million, or nearly $1,118psf ppr, came from a 60:20:20 joint venture between UOL Group, Singapore Land Group and Kheng Leong Company.

Ang Mo Kio Avenue 1 Condo is expect to yield 2 towers with 370 units ranging from 1 bedroom to 5 bedroom type.

Ang Mo Kio Ave 1 Condo Project Details

Location of Ang Mo Kio Ave 1 Condo

AMK Ave 1 condo is within walking distance to Mayflower MRT Station on Thomson Line.

Amenities Near Ang Mo Kio Ave 1 Condo

Behind the project, we have Bishan-Ang Mo Kio Park.

And it’s within walking distance to Lower Peirce Reservoir.

For young parents, one of the biggest selling point here is the nearby popular primary school such as Ai Tong and CHIJ St. Nicholas Girls’ School are within 1km distance.

Shopping nearby:

• AMK Hub
• Thomson Plaza
• Junction 8

Primary School nearby

Within 1 km:

• Ai Tong School
• CHIJ St. Nicholas Girls’ School
• Ang Mo Kio Primary School

Between 1-2km:

• Anderson Primary School
• Catholic High School
• Mayflower Primary School

Developer of Ang Mo Kio Ave 1 Condo

This project jointly developed by UOL, Singapore Land and Kheng Leong.

I’m a big fans of UOL developer.

UOL is famous in designing decent project with fantastic landscaping.

Their projects can always be sold out before TOP.

They have completed tons of projects, but here are some of their most recent portfolio:

• Avenue South Residence
• The Watergardens at Canberra
• Clavon
• The Tre Ver
• Archipelago
• Thomson Three

Ang Mo Kio Ave 1 Condo Floor Plan

Register with us to get an updated floor plan, the latest guide price, and the procedure to book for the EC.

Ang Mo Kio Ave 1 Condo Price?

According to EdgeProp, UOL got this land at $1,118psf ppr and the breakeven cost to be around $1,822psf.

By factoring in 15% profit margin, the selling price could hit $2,095psf.

In my opinion, that’s the price of about $500psf higher than the nearby resale project such as The Panorama which is completed in 2017.

I would recommend you to buy AMK Ave 1 condo if the price fall below $2,100psf.

Let’s Review and Comment whether Ang Mo Kio Ave 1 Condo is a Good Buy!