Introduction
Located in the heart of Ang Mo Kio, 715 Ang Mo Kio Ave 6 is a well-established residential development that has garnered significant attention in recent years. With its prime location, modern amenities, and attractive price point, the property offers a compelling proposition for prospective buyers and investors alike. This comprehensive guide delves into the key aspects of 715 Ang Mo Kio Ave 6, providing valuable insights and guidance for those considering making a move to this sought-after address.
Key Statistics and Metrics
Number of Units: 1,000
Property Type: Condominium
Leasehold: 99 years from 2000
Completion Date: 2002
Average Price Per Square Foot (PSF): S$1,100
Estimated Rental Yield: 3.5%
Location and Accessibility
715 Ang Mo Kio Ave 6 is strategically situated in the mature residential estate of Ang Mo Kio. It is located within walking distance of the Ang Mo Kio MRT Station, providing seamless connectivity to the city center and other parts of Singapore. The property is also well-connected by bus services, with numerous bus stops within a short distance.
The immediate vicinity of 715 Ang Mo Kio Ave 6 offers a wide range of amenities, including supermarkets, shopping malls, eateries, and healthcare facilities. The popular AMK Hub, a vibrant shopping and dining destination, is just a short walk away.
Amenities and Facilities
Residents of 715 Ang Mo Kio Ave 6 enjoy access to a suite of amenities and facilities that cater to their lifestyle needs. These include:
- Swimming pool
- Gym
- Tennis court
- Playground
- 24-hour security
- Covered car park
Unit Types and Layouts
715 Ang Mo Kio Ave 6 offers a variety of unit types to choose from, ranging from compact studio apartments to spacious four-bedroom units. The units are well-designed and feature modern finishes.
The most popular unit type is the three-bedroom unit, which offers a spacious and functional layout. It comprises three bedrooms, two bathrooms, a living room, dining room, and kitchen.
Investment Potential
715 Ang Mo Kio Ave 6 presents a compelling investment opportunity due to its attractive price point, strong rental demand, and potential for capital appreciation.
According to data from the Urban Redevelopment Authority (URA), the average PSF in Ang Mo Kio has increased by over 30% in the past five years. This trend is expected to continue in the coming years, driven by the area’s strategic location and strong demand for housing.
The rental demand for 715 Ang Mo Kio Ave 6 is consistently high, with occupancy rates typically exceeding 95%. This is due to the property’s proximity to amenities, public transportation, and educational institutions.
Why Choose 715 Ang Mo Kio Ave 6?
There are numerous reasons why individuals and families choose to call 715 Ang Mo Kio Ave 6 home. These include:
- Prime Location: Located in the heart of Ang Mo Kio, the property offers unparalleled convenience and accessibility.
- Modern Amenities: Residents enjoy access to a range of modern amenities and facilities that enhance their lifestyle.
- Attractive Price Point: The average PSF at 715 Ang Mo Kio Ave 6 is significantly lower than comparable properties in the area, making it an affordable option for first-time homeowners and investors.
- Strong Rental Demand: The property consistently attracts strong rental demand, providing investors with a reliable source of passive income.
- Potential for Appreciation: The Ang Mo Kio property market has experienced steady growth in recent years, and this trend is expected to continue in the future.
Tips and Tricks for Buying or Renting
For those considering buying or renting at 715 Ang Mo Kio Ave 6, here are some useful tips and tricks:
- Consider Your Budget: Determine your budget and financial capacity before you start house hunting.
- View Multiple Units: Visit different unit types and layouts to identify the one that best suits your needs and preferences.
- Negotiate with Sellers or Landlords: Don’t be afraid to negotiate on price or terms to secure a favorable deal.
- Secure a Mortgage: If you need financing, pre-approve a mortgage to strengthen your negotiating position.
- Hire a Real Estate Agent: Consider working with a reputable real estate agent to guide you through the process.
Frequently Asked Questions (FAQs)
- What is the earliest I can move into 715 Ang Mo Kio Ave 6?
Subject to availability, you can move into a completed unit immediately upon purchase.
- Are there any parking facilities at 715 Ang Mo Kio Ave 6?
Yes, the property has a covered car park with ample parking spaces for residents.
- What is the estimated monthly maintenance fee for a three-bedroom unit?
The estimated monthly maintenance fee for a three-bedroom unit is approximately S$250.
- What are the nearby schools?
715 Ang Mo Kio Ave 6 is located within walking distance of several schools, including Ang Mo Kio Primary School, Ang Mo Kio Secondary School, and Nanyang Junior College.
- Are there any plans for future development in the area?
The Ang Mo Kio area is undergoing significant redevelopment in the coming years. Several new residential projects and commercial developments are planned, which could further enhance the value of the neighborhood.
- What is the ideal way to spell “Ang Mo Kio”?
The spelling “Ang Mo Kio” is the most commonly used and accepted form.
Conclusion
715 Ang Mo Kio Ave 6 is an exceptional residential property that offers a winning combination of location, amenities, affordability, and investment potential. Its prime location, modern facilities, and attractive price point make it an ideal choice for families, professionals, and investors alike. Whether you are looking to own or rent, 715 Ang Mo Kio Ave 6 is poised to deliver a rewarding living experience.
Generating Ideas for New Applications: Innovate
The concept of “innovate” can be used to generate ideas for new applications in a variety of ways. For example, you can:
- Apply existing technologies to new problems: Think about ways to use existing technologies to solve problems that have not been solved before.
- Combine existing solutions to create new ones: Identify different ways to combine existing solutions to create something new and innovative.
- Explore new ways to use existing resources: Look for new ways to use existing resources to create value or solve problems.
By using the concept of “innovate” as a starting point, you can generate a wealth of ideas for new applications.
Tables
Table 1: Unit Types and Sizes
| Unit Type | Size (sq ft) | Price (S$) |
|---|---|---|
| Studio | 450-550 | S$500,000-S$600,000 |
| One-Bedroom | 650-750 | S$700,000-S$800,000 |
| Two-Bedroom | 850-950 | S$900,000-S$1,000,000 |
| Three-Bedroom | 1,050-1,150 | S$1,100,000-S$1,200,000 |
| Four-Bedroom | 1,250-1,350 | S$1,300,000-S$1,400,000 |
Table 2: Amenities and Facilities
| Amenity | Details |
|---|---|
| Swimming Pool | Olympic-sized swimming pool with lounge chairs and umbrellas |
| Gym | State-of-the-art fitness center with a wide range of equipment |
| Tennis Court | Full-sized tennis court with night lighting |
| Playground | Children’s playground with a variety of play equipment |
| 24-Hour Security | 24-hour security guard patrol and surveillance cameras |
| Covered Car Park | Ample covered parking spaces for residents |
Table 3: Estimated Rental Yield
| Unit Type | Estimated Rental Yield |
|---|---|
| Studio | 3.5-4% |
| One-Bedroom | 3.2-3.8% |
| Two-Bedroom | 2.8-3.2% |
| Three-Bedroom | 2.5-3% |
| Four-Bedroom | 2.2-2.8% |
Table 4: Nearby Schools
| School | Distance |
|---|---|
| Ang Mo Kio Primary School | 0.2 km |
| Ang Mo Kio Secondary School | 0.4 km |
| Nanyang Junior College | 0.6 km |
| Presbyterian High School | 0.8 km |
| Mayflower Secondary School | 0.9 km |
