Introduction
Nestled amidst the vibrant and bustling neighborhood of Ang Mo Kio, 700 Ang Mo Kio Ave 6 stands as a towering icon of modern living, offering a seamless blend of convenience, connectivity, and comfort. This comprehensive guide delves into the myriad aspects that make this address a sought-after destination for residents, businesses, and investors alike.
Understanding the Neighborhood
Demographics and Lifestyle
According to the Singapore Department of Statistics, Ang Mo Kio is home to a diverse population of over 200,000 residents, with a median age of 42. The neighborhood boasts a strong sense of community, with numerous parks, recreational facilities, and educational institutions catering to the needs of families and individuals alike.
Connectivity and Transportation
700 Ang Mo Kio Ave 6 enjoys exceptional connectivity, with easy access to major expressways such as the Central Expressway (CTE) and the Tampines Expressway (TPE). The neighborhood is also well-served by public transportation, including the Ang Mo Kio MRT station, which provides direct access to the city center and other parts of the island.
Residential Offerings
Apartments and Condominiums
700 Ang Mo Kio Ave 6 offers a wide range of residential options, from cozy apartments to spacious condominiums. According to real estate data from ERA Realty, the average price per square foot (PSF) in the area is around S$1,100, with prices varying depending on factors such as unit size, floor level, and amenities.
Amenities and Facilities
Residents at 700 Ang Mo Kio Ave 6 have access to a host of amenities and facilities, including a swimming pool, gym, children’s playground, and 24-hour security. The property also features a lush greenery and well-maintained landscaping, creating a tranquil and inviting living environment.
Commercial and Office Spaces
Business Opportunities
700 Ang Mo Kio Ave 6 is a prime location for businesses, with a range of commercial and office spaces available for rent or purchase. The property’s strategic location and excellent connectivity provide businesses with access to a large pool of potential customers and employees.
Tenant Profile
The tenant profile at 700 Ang Mo Kio Ave 6 includes a diverse mix of businesses, including financial institutions, technology companies, and retail outlets. The property’s reputation for providing a professional and conducive work environment attracts businesses of all sizes.
Investment Potential
Rental Yields and Capital Appreciation
According to research by CBRE, the average rental yield for commercial properties in Ang Mo Kio is around 3%, while capital appreciation rates have historically been strong. 700 Ang Mo Kio Ave 6 offers investors the opportunity to generate stable rental income and benefit from potential capital gains.
Diversification and Risk Management
Investing in commercial property at 700 Ang Mo Kio Ave 6 provides investors with a means to diversify their portfolio and mitigate risks associated with other investment classes. The property’s long-term value and potential for appreciation make it an attractive investment option for both local and international investors.
Strategies for Success: Meeting the Needs of Customers
Understanding Customer Wants and Needs
To ensure that 700 Ang Mo Kio Ave 6 remains a desirable destination for residents, businesses, and investors, it is crucial to understand their wants and needs. This involves conducting thorough market research to identify areas for improvement and developing strategies that cater to their specific requirements.
Enhancing Convenience and Connectivity
Customers value convenience and connectivity above all else. 700 Ang Mo Kio Ave 6 can enhance its appeal by exploring partnerships with transportation providers to improve accessibility and by providing additional amenities that make daily life easier for residents and employees.
Fostering Community and Partnerships
Building a strong sense of community is essential for creating a thriving and vibrant environment at 700 Ang Mo Kio Ave 6. This can be achieved through organizing community events, forming collaborations with local businesses and organizations, and providing opportunities for residents to connect and build relationships.
Innovation and Sustainability
In an increasingly interconnected and rapidly evolving world, innovation and sustainability are key drivers of success. 700 Ang Mo Kio Ave 6 can stay ahead of the curve by embracing new technologies and adopting sustainable practices that reduce its environmental footprint and appeal to environmentally conscious customers.
Tables
Table 1: Key Statistics about 700 Ang Mo Kio Ave 6
| Feature | Value |
|---|---|
| Address | 700 Ang Mo Kio Ave 6 |
| Number of Units | 800+ |
| Price per Square Foot (PSF) | S$1,100 |
| Amenities | Swimming pool, gym, children’s playground, 24-hour security |
Table 2: Population Demographics of Ang Mo Kio
| Statistic | Value |
|---|---|
| Total Population | 200,000+ |
| Median Age | 42 |
| Home Ownership Rate | 90% |
Table 3: Rental and Capital Appreciation Rates
| Year | Rental Yield | Capital Appreciation |
|---|---|---|
| 2017 | 3.2% | 5.0% |
| 2018 | 3.1% | 4.8% |
| 2019 | 3.0% | 4.5% |
Table 4: New Word to Generate Ideas
| Word | Meaning |
|---|---|
| Communitypreneur | A person who focuses on community development through entrepreneurship |
Conclusion
700 Ang Mo Kio Ave 6 is a testament to the transformative power of urban development, offering a vibrant and connected living, working, and playing environment that meets the evolving needs of modern lifestyles. By understanding the wants and needs of customers, fostering community, and embracing innovation and sustainability, this iconic address will continue to be a sought-after destination for years to come.
