Key Features of 457 Ang Mo Kio Avenue 10
- Prime Location: Situated in the heart of Ang Mo Kio, this address offers remarkable accessibility with MRT stations, bus interchanges, and major expressways within proximity.
- Diverse Amenities: Residents enjoy a plethora of amenities, including shopping malls, recreational facilities, educational institutions, and healthcare services, within easy reach.
- Vibrant Community: Ang Mo Kio Avenue 10 forms part of a lively and diverse neighborhood, with a harmonious blend of cultures and lifestyles.
- Investment Potential: With its strategic location and growing demand for housing, 457 Ang Mo Kio Avenue 10 presents an excellent investment opportunity with promising capital appreciation.
Market Outlook for 457 Ang Mo Kio Avenue 10
According to the Urban Redevelopment Authority (URA), the overall residential price index in Ang Mo Kio increased by 6.7% in 2021, outperforming the national average. This growth is attributed to factors such as:
- Scarcity of land available for new development
- Increasing demand for housing driven by population growth
- Positive economic outlook
- Government policies supporting home ownership
Comparative Analysis: 457 Ang Mo Kio Avenue 10 vs. Other Neighborhoods
| Feature | 457 Ang Mo Kio Avenue 10 | Neighborhood X | Neighborhood Y |
|---|---|---|---|
| Proximity to MRT | < 5 min walk to Ang Mo Kio MRT | 10 min walk to Yishun MRT | 15 min walk to Khatib MRT |
| Shopping Malls | Within 1 km radius of AMK Hub and Djitsun Mall | Within 2 km radius of Northpoint City | Within 3 km radius of Sun Plaza |
| Parks and Recreation | Bishan-Ang Mo Kio Park within easy reach | Limited green spaces available | Sungei Buloh Wetland Reserve further afield |
| Schooling Options | Primary and secondary schools within walking distance | Few schools within immediate vicinity | Limited school choices in the area |
Transformative Ideas for 457 Ang Mo Kio Avenue 10
Through the lens of “co-opetition” (a hybrid approach combining cooperation and competition), we envision innovative applications for 457 Ang Mo Kio Avenue 10 that foster community engagement and sustainable growth:
- Shared Workspace Hub: Create a designated space where residents can access workspaces, meeting rooms, and networking opportunities, promoting collaboration and innovation.
- Community Garden: Establish a shared garden where residents can grow their own produce, fostering a sense of community and promoting healthy living.
- Renewable Energy Initiative: Explore the installation of solar panels or wind turbines to reduce the carbon footprint of the neighborhood and promote energy independence.
- Smart Mobility Hub: Implement a shared mobility system that connects residents to public transportation, ride-sharing services, and bicycle rentals, reducing traffic congestion and promoting eco-friendly commuting.
Tables for 457 Ang Mo Kio Avenue 10
Table 1: Demographic Profile
| Age Group | Percentage |
|---|---|
| 0-14 years | 15.3% |
| 15-64 years | 68.1% |
| 65 years and above | 16.6% |
Table 2: Accessibility Information
| Mode of Transportation | Distance to Nearest Station |
|---|---|
| MRT | Ang Mo Kio MRT (0.3 km) |
| Bus | Bus Stop 53101 (0.1 km) |
| Expressway | Central Expressway (CTE) (1.5 km) |
Table 3: Rental Prices
| Unit Type | Monthly Rental (SGD) |
|---|---|
| 1-Room Flat | S$1,000 – S$1,200 |
| 2-Room Flat | S$1,500 – S$1,800 |
| 3-Room Flat | S$2,000 – S$2,200 |
Table 4: Sales Transactions
| Year | Number of Transactions | Average Price per PSF (SGD) |
|---|---|---|
| 2018 | 123 | S$950 |
| 2019 | 157 | S$1,020 |
| 2020 | 111 | S$1,100 |
| 2021 | 135 | S$1,180 |
Conclusion
457 Ang Mo Kio Avenue 10 stands as a thriving neighborhood with exceptional potential. Its strategic location, diverse amenities, and vibrant community make it an ideal choice for homebuyers, investors, and anyone seeking a well-connected and fulfilling living experience. As we delve deeper into co-opetition and embrace innovative ideas, we can unlock the true potential of this area and create a sustainable and prosperous future for its residents.
