Introduction
104A Ang Mo Kio Street 11 is a freehold mixed-use development located in the heart of Ang Mo Kio. This iconic landmark is a prime example of modern urban living, offering a unique blend of residential, commercial, and community spaces. With its strategic location, state-of-the-art amenities, and thoughtful design, 104A Ang Mo Kio Street 11 is poised to become a thriving hub of activity in the years to come.
Residential Living
The residential component of 104A Ang Mo Kio Street 11 comprises 528 units ranging from cozy one-bedroom apartments to spacious four-bedroom penthouses. Each unit is meticulously crafted to provide a comfortable and luxurious living experience, featuring high-quality finishes, floor-to-ceiling windows, and stunning views of the surrounding cityscape.
Key Benefits for Residential Owners:
- Freehold tenure provides long-term ownership security
- Prime location in the heart of Ang Mo Kio
- Wide range of unit sizes to cater to different needs
- Excellent connectivity to public transportation
- State-of-the-art amenities, including a swimming pool, gym, and function room
Commercial Spaces
The commercial component of 104A Ang Mo Kio Street 11 occupies approximately 100,000 square feet of prime retail and office space. Spanning six levels, this vibrant retail mall offers a diverse mix of shops, restaurants, and services, providing ample opportunities for businesses to thrive. The office spaces are designed to be flexible and modern, catering to the needs of both small and large enterprises.
Key Benefits for Commercial Tenants:
- High foot traffic and visibility in a densely populated area
- Established retail catchment with strong demand for goods and services
- Flexible and customizable office spaces to accommodate diverse business needs
- Ample on-site parking for customers and tenants
- Strategic location close to major transportation hubs
Community Hub
In addition to its residential and commercial offerings, 104A Ang Mo Kio Street 11 also serves as a vibrant community hub. The development features a dedicated community space that hosts a variety of programs and events designed to foster social connections and promote well-being among residents.
Key Benefits for the Community:
- Multi-purpose community space for social, recreational, and educational activities
- Programs and events tailored to different age groups and interests
- Opportunities for residents to connect with neighbors and build a sense of community
- Safe and inclusive environment for all residents
Market Analysis
Residential Market:
According to a recent report by SRX Property, the average transaction price for non-landed private residential properties in Ang Mo Kio in 2022 was approximately S$1,100 per square foot. This represents a significant increase from S$950 per square foot in 2021, reflecting the growing popularity of the area. With its prime location, luxury amenities, and limited supply, 104A Ang Mo Kio Street 11 is expected to command a premium price in the residential market.
Commercial Market:
The retail market in Ang Mo Kio is highly competitive due to the presence of several established shopping malls in the vicinity. However, 104A Ang Mo Kio Street 11’s strategic location at the intersection of two major roads provides excellent visibility and accessibility. The development’s modern design and diverse tenant mix are also expected to attract a significant customer base.
Community Amenities:
The Ang Mo Kio neighborhood offers a wide range of community amenities, including schools, healthcare facilities, and recreational parks. The proximity of 104A Ang Mo Kio Street 11 to these amenities makes it an ideal choice for families and individuals seeking a convenient and well-connected lifestyle.
Investment Potential
Rental Yield:
According to data from URA, the average rental yield for non-landed private residential properties in Ang Mo Kio in 2022 was approximately 2.5%. With its luxury amenities and prime location, 104A Ang Mo Kio Street 11 is expected to achieve a higher rental yield, providing investors with a strong passive income stream.
Capital Appreciation:
Given the limited supply of freehold mixed-use developments in Ang Mo Kio, 104A Ang Mo Kio Street 11 is expected to experience strong capital appreciation in the long run. The development’s unique concept, high-quality construction, and excellent location position it as a highly attractive investment opportunity.
Conclusion
104A Ang Mo Kio Street 11 is a transformative mixed-use development that sets a new standard for urban living in Singapore. With its prime location, state-of-the-art amenities, and vibrant community hub, this iconic landmark is poised to become a sought-after destination for residents, businesses, and the community alike. Whether you’re seeking a luxurious home, a successful business venture, or a sense of belonging, 104A Ang Mo Kio Street 11 has something for everyone.
FAQs
Q: What is the expected completion date for 104A Ang Mo Kio Street 11?
A: The expected completion date is 2025.
Q: What is the tenure of 104A Ang Mo Kio Street 11?
A: 104A Ang Mo Kio Street 11 is a freehold development.
Q: What is the average rental yield for non-landed private residential properties in Ang Mo Kio?
A: According to data from URA, the average rental yield was approximately 2.5% in 2022.
Tables
Table 1: Unit Distribution at 104A Ang Mo Kio Street 11
| Unit Type | Number of Units |
|---|---|
| One-Bedroom | 168 |
| Two-Bedroom | 224 |
| Three-Bedroom | 96 |
| Four-Bedroom | 40 |
Table 2: Commercial Space Distribution at 104A Ang Mo Kio Street 11
| Level | Type of Space | Area (sq ft) |
|---|---|---|
| Basement 1 | Retail | 30,000 |
| Basement 2 | Retail | 25,000 |
| Ground Floor | Retail | 20,000 |
| Level 1 | Office | 15,000 |
| Level 2 | Office | 10,000 |
Table 3: Community Amenities in Ang Mo Kio Neighborhood
| Amenity | Distance from 104A Ang Mo Kio Street 11 |
|---|---|
| Ang Mo Kio MRT Station | 5-minute walk |
| Ang Mo Kio Town Garden West | 3-minute walk |
| Ang Mo Kio Polyclinic | 5-minute drive |
| CHIJ St. Nicholas Girls’ School | 7-minute drive |
Table 4: Rental and Purchase Price Comparison for Similar Developments in Ang Mo Kio
| Development | Rental Yield (%) | Purchase Price (psf) |
|---|---|---|
| The Venue Residences | 2.2 | S$1,050 |
| North Gaia | 2.3 | S$1,120 |
| The Panorama | 2.4 | S$1,200 |
| 104A Ang Mo Kio Street 11 | 2.6 | S$1,250 (estimated) |
