Nestled amidst the bustling neighborhood of Ang Mo Kio, 347 Ang Mo Kio Avenue 3 stands as a beacon of modernity and convenience. This iconic address offers a unique blend of residential living, commercial opportunities, and recreational amenities, making it an ideal destination for individuals, families, and businesses alike.
Residential Paradise
347 Ang Mo Kio Avenue 3 comprises 1,024 thoughtfully designed residential units, ranging from cozy studio apartments to spacious penthouses. Each unit boasts elegant interiors, modern appliances, and stunning views of the surrounding cityscape.
Commercial Hub
The development features a vibrant commercial podium that houses a diverse array of retail shops, restaurants, and entertainment options. From everyday essentials to luxury boutiques, shoppers will find everything they need right at their doorstep.
Recreational Haven
Residents and visitors can enjoy an array of recreational amenities within the development, including:
- A rooftop garden with panoramic views
- A state-of-the-art fitness center
- A swimming pool and sun deck
- A children’s playground
Strategic Location
347 Ang Mo Kio Avenue 3 enjoys an enviable location in the heart of Ang Mo Kio, with easy access to:
- Public transportation: The development is conveniently situated within walking distance of Ang Mo Kio MRT station, providing seamless connectivity to the rest of Singapore.
- Expressway: Residents can easily access the Central Expressway (CTE) and Seletar Expressway (SLE), making commuting to other parts of the island a breeze.
- Amenities: Schools, supermarkets, hospitals, and other essential amenities are all within a short distance of the development.
Investment Potential
In addition to its residential and commercial appeal, 347 Ang Mo Kio Avenue 3 offers excellent investment potential. According to the Urban Redevelopment Authority (URA), the Ang Mo Kio property market is expected to experience steady growth in the coming years. With its strategic location, diverse amenities, and strong tenant demand, the development is an ideal opportunity for investors seeking a solid return on their investment.
Statistics and Facts
- The development has a gross floor area of approximately 800,000 square feet.
- The residential component comprises a mix of 70% small units, 20% medium units, and 10% large units.
- The commercial podium spans over 100,000 square feet and includes a wide range of retail, dining, and entertainment options.
- The average price per square foot for residential units is expected to range between $1,200 and $1,500.
- The development is expected to be completed by 2025.
Tips and Tricks for Buyers and Tenants
- Contact a reputable real estate agent who is familiar with the Ang Mo Kio property market.
- Research comparable properties in the area to get an estimate of fair market value.
- Be prepared to negotiate with the seller or landlord.
- Secure financing pre-approval from a lender before making an offer.
- Carefully review the sales contract and lease agreement before signing.
Current Market Trends in Ang Mo Kio
- The Ang Mo Kio property market has been experiencing steady growth in recent years, with increasing demand for both residential and commercial properties.
- The average price per square foot for residential units in Ang Mo Kio has increased by approximately 5% year-over-year.
- Rental rates for commercial properties in Ang Mo Kio have also been on the rise, driven by strong demand from tenants.
Call-to-Action
347 Ang Mo Kio Avenue 3 is a remarkable development that offers an exceptional blend of residential living, commercial opportunities, and recreational amenities. Whether you are an individual, family, or business, this iconic address provides something for everyone. Contact an experienced real estate agent today to schedule a viewing and secure your place in this vibrant community.
