Introduction
721 Ang Mo Kio Ave 8 Singapore 560721 is a residential address located in the Ang Mo Kio neighborhood of Singapore. The area is known for its modern amenities, educational institutions, and recreational facilities. This comprehensive guide will provide an in-depth look at the address, including its location, demographics, facilities, and investment opportunities.
Location and Transportation
721 Ang Mo Kio Ave 8 is conveniently situated near major transportation hubs, making it easily accessible from various parts of Singapore.
- MRT: Yio Chu Kang MRT station (North-South Line) is just a 5-minute walk away, providing quick access to the city center and other locations.
- Bus: Numerous bus lines serve the area, connecting residents to neighboring towns and amenities.
- Car: The Central Expressway (CTE) is easily accessible from Ang Mo Kio Ave 8, offering seamless connectivity to the rest of the island.
Demographics and Population
According to the latest census data, the population of Ang Mo Kio Avenue 8 and its surrounding area is approximately 25,000. The majority of residents are Singaporean citizens, with a significant proportion of permanent residents and expatriates. The area is characterized by a mix of young professionals, families, and senior citizens.
Educational Institutions
Ang Mo Kio Ave 8 is home to several reputable educational institutions, catering to students of all ages.
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Primary Schools:
- Ang Mo Kio Primary School
- CHIJ St. Nicholas Girls’ School
- Mayflower Primary School
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Secondary Schools:
- Ang Mo Kio Secondary School
- Yio Chu Kang Secondary School
-
Junior Colleges:
- Yio Chu Kang Junior College
Recreational Facilities
The area surrounding 721 Ang Mo Kio Ave 8 offers a wide range of recreational options for residents.
- Yio Chu Kang Sports Complex: A large sports complex with facilities for football, basketball, tennis, and more.
- Ang Mo Kio Town Garden West: A serene park with lush greenery, playgrounds, and jogging trails.
- AMK Hub: A shopping mall with a cinema, restaurants, and various retail outlets.
- Broadway Plaza: Another popular shopping mall with a hypermarket, department stores, and entertainment options.
Investment Opportunities
Ang Mo Kio Ave 8 is a sought-after residential location due to its strategic location, excellent amenities, and proximity to educational institutions. Property prices in the area have experienced steady growth over the years, making it an attractive investment option.
- Historical Price Appreciation: Over the past decade, property prices in Ang Mo Kio Ave 8 have appreciated by an average of 6-8% annually.
- Rental Yield: The area offers a good rental yield, with average rental rates ranging from $2,500 to $3,500 per month for 3-bedroom apartments.
Common Mistakes to Avoid
When considering a property investment in Ang Mo Kio Ave 8, it’s important to avoid the following common mistakes:
- Overpaying: Research the market thoroughly to determine a fair price for the property you’re interested in.
- Ignoring Leasehold Tenure: Be aware that many properties in Ang Mo Kio Ave 8 are leasehold, which means the land is rented for a specific period.
- Underestimating Maintenance Costs: Factor in the cost of ongoing maintenance and repairs when calculating your budget.
Why 721 Ang Mo Kio Ave 8 Matters
- Convenience: The address offers excellent connectivity and accessibility to all parts of Singapore.
- Amiable Community: Ang Mo Kio Ave 8 is home to a friendly and vibrant community.
- Growth Potential: The area has a strong potential for future growth due to ongoing infrastructure developments and proximity to major amenities.
Benefits of Investing in 721 Ang Mo Kio Ave 8
- Long-Term Appreciation: Properties in the area have historically appreciated in value, offering a solid return on investment.
- Rental Income: The high rental demand in the area provides investors with the opportunity to generate a steady rental income.
- Tax Advantages: Investors may be eligible for certain tax benefits, such as the Additional Buyer’s Stamp Duty (ABSD) remission.
Conclusion
721 Ang Mo Kio Ave 8 Singapore 560721 is an ideal address for homeowners, investors, and families alike. Its strategic location, modern amenities, and educational facilities make it a highly sought-after neighborhood in Singapore. By avoiding common mistakes and understanding the benefits of investing in the area, individuals can make informed decisions and reap the rewards of this vibrant and growing community.
Additional Resources
- Singapore Land Authority
- Urban Redevelopment Authority (URA)
- Ang Mo Kio Town Council
Tables
| Facility | Distance from 721 Ang Mo Kio Ave 8 |
|—|—|—|
| Yio Chu Kang MRT Station | 5-minute walk |
| Ang Mo Kio Primary School | 10-minute walk |
| Yio Chu Kang Sports Complex | 15-minute walk |
| AMK Hub Shopping Mall | 10-minute drive |
| Property Type | Average Price (2023) |
|—|—|—|
| 3-Bedroom Apartment | $800,000 – $1,200,000 |
| 4-Bedroom Apartment | $1,000,000 – $1,500,000 |
| 5-Room HDB Flat | $450,000 – $650,000 |
| Educational Institution | Address |
|—|—|—|
| Ang Mo Kio Primary School | 721 Ang Mo Kio Ave 8 |
| CHIJ St. Nicholas Girls’ School | 190 Ang Mo Kio Ave 4 |
| Mayflower Primary School | 610 Ang Mo Kio Ave 4 |
| Ang Mo Kio Secondary School | 32 Ang Mo Kio Ave 3 |
| Yio Chu Kang Secondary School | 30 Ang Mo Kio Ave 10 |
| Yio Chu Kang Junior College | 1 Yio Chu Kang Road |
| Tax Incentive | Description |
|—|—|—|
| Additional Buyer’s Stamp Duty (ABSD) Remission | A remission of up to 5% on the ABSD for first-time homebuyers who purchase a property in the vicinity of their parents’ or grandparents’ home. |
| Mortgage Interest Relief | A tax deduction on mortgage interest payments for up to 10 years for owner-occupied properties. |
| Property Tax Exemption | An exemption from property tax for the first three years of ownership for new properties. |
