Introduction
Nestled amidst the vibrant heartlands of Ang Mo Kio, 18 Ang Mo Kio Avenue 2 stands as a beacon of residential tranquility. This 12-story residential development offers a diverse range of apartment units, catering to the needs of individuals, families, and investors alike.
Unveiling the Amenities
18 Ang Mo Kio Avenue 2 boasts an array of amenities that enhance the lives of its residents. These include:
- Swimming pool: Take a refreshing dip in the crystal-clear waters and soak up the sun.
- Gymnasium: Keep fit in the well-equipped gym, complete with state-of-the-art cardio and weightlifting equipment.
- BBQ pits: Host gatherings and create memories with loved ones over sizzling grilled treats.
- Function room: Celebrate special occasions or host meetings in the spacious function room.
Exploring the Neighborhood
The convenient location of 18 Ang Mo Kio Avenue 2 places residents within walking distance of essential amenities and recreational options.
- MRT Station: The Ang Mo Kio MRT station is a mere 5-minute walk away, providing seamless connectivity to the rest of Singapore.
- Shopping Malls: AMK Hub and Junction 8 are a short stroll away, offering a wide selection of retail outlets, dining options, and entertainment facilities.
- Education Hub: The vicinity is home to renowned educational institutions, including Nanyang Polytechnic and Ang Mo Kio Primary School.
- Healthcare Services: The AMK-Thye Hua Khoo Teck Puat Hospital is just a 10-minute drive away, providing comprehensive healthcare services.
Smart Living
18 Ang Mo Kio Avenue 2 embraces technology to enhance the living experience.
- Smart Home System: The development is equipped with a smart home system that allows residents to control lights, fans, and air conditioners remotely.
- Digital Locks: Keyless digital locks provide added security and convenience.
- Green Features: The building incorporates various green features, such as energy-efficient appliances and rainwater harvesting systems.
Investment Potential
With its strategic location, quality amenities, and strong tenant demand, 18 Ang Mo Kio Avenue 2 presents an attractive investment opportunity.
- High Rental Yields: The proximity to public transportation and amenities ensures strong rental demand, leading to potentially high returns.
- Capital Appreciation: The property market in Ang Mo Kio has historically shown steady growth, making it a sound investment for capital appreciation.
- Diverse Tenant Pool: The development’s diverse range of unit sizes appeals to a wide tenant pool, including professionals, families, and students.
Resale Value
The resale value of apartments at 18 Ang Mo Kio Avenue 2 is influenced by several factors:
- Unit Size and Layout: Larger units and well-designed layouts typically fetch higher resale prices.
- Floor Level: Higher-floor units offer panoramic views and enjoy a premium over lower-floor units.
- Renovations: Units that have undergone tasteful renovations and upgrades can command higher resale values.
Effective Strategies for Buyers
- Research the Market: Conduct thorough research on the local property market and comparable developments to understand current trends and pricing.
- Secure Financing: Obtain pre-approval for a mortgage to determine your financial capacity and bargaining power.
- Negotiate Effectively: Be prepared to negotiate the purchase price and contract terms to secure the best possible deal.
Tips and Tricks
- Explore Flexible Leasing Options: Consider offering flexible leasing terms, such as short-term leases or subletting options, to attract potential tenants.
- Maintain the Property: Regularly conduct inspections and make necessary repairs to maintain the value of the property.
- Market Effectively: Utilize online platforms and professional property agents to effectively market the unit for rent or sale.
Common Mistakes to Avoid
- Overpricing: Avoid overestimating the resale value of the property. Research the market carefully to set a realistic asking price.
- Neglecting Maintenance: Failure to maintain the property can lead to deterioration and reduced resale value.
- Poor Tenant Selection: Conduct thorough tenant screenings to minimize the risk of problematic tenants and ensure timely rental payments.
Table 1: Unit Sizes and Configurations
| Unit Type | Size (sq ft) | Bedrooms | Bathrooms |
|---|---|---|---|
| 2-Bedroom | 600 – 700 | 2 | 2 |
| 3-Bedroom | 800 – 950 | 3 | 2 |
| 4-Bedroom | 1,000 – 1,200 | 4 | 3 |
Table 2: Rental Yield Estimates
| Unit Type | Rental Yield |
|---|---|
| 2-Bedroom | 4 – 5% |
| 3-Bedroom | 3 – 4% |
| 4-Bedroom | 2 – 3% |
Table 3: Resale Value Estimates
| Unit Type | Resale Value |
|---|---|
| 2-Bedroom | $600,000 – $750,000 |
| 3-Bedroom | $800,000 – $1,000,000 |
| 4-Bedroom | $1,200,000 – $1,500,000 |
Table 4: Amenities and Facilities
| Amenity | Description |
|---|---|
| Swimming Pool | Crystal-clear waters, sun loungers |
| Gymnasium | State-of-the-art cardio and weightlifting equipment |
| BBQ Pits | Grilling facilities for gatherings |
| Function Room | Spacious venue for celebrations or meetings |
| Smart Home System | Remote control of lights, fans, and air conditioners |
| Digital Locks | Keyless convenience and enhanced security |
| Green Features | Energy-efficient appliances, rainwater harvesting |
