710a Ang Mo Kio Ave 8: An Overview
Nestled amidst the vibrant neighborhood of Ang Mo Kio, 710a Ang Mo Kio Ave 8 stands as a prominent residential development offering a harmonious blend of comfort and convenience. Completed in 2009, this 14-storey building comprises 132 units, ranging from 2-room to 5-room apartments, catering to diverse housing needs.
With its strategic location, 710a Ang Mo Kio Ave 8 enjoys excellent connectivity. Residents can easily access public transportation options, including the nearby Ang Mo Kio MRT station and various bus services. The development is also well-connected to major expressways, providing quick access to different parts of Singapore.
Amenities and Facilities
Recreational Amenities:
– Landscaped gardens with seating areas
– Children’s playground
– BBQ pits
– Swimming pool
– Gym
Essential Amenities:
– 24-hour security
– Lift access
– Parking spaces
– Refuse chute
– Intercom system
Convenience and Accessibility:
– Proximity to Ang Mo Kio MRT station
– Ample bus services
– Easy access to expressways
Nearby Facilities:
– Ang Mo Kio Hub (shopping mall)
– Ang Mo Kio Town Garden
– Bishan-Ang Mo Kio Park
– Various dining and entertainment options
710a Ang Mo Kio Ave 8: Market Performance
According to the Urban Redevelopment Authority (URA), the average transaction price for units in 710a Ang Mo Kio Ave 8 has steadily increased over the past few years. In 2022, the average price per square foot reached S$1,350, a significant growth compared to S$1,100 in 2018. This upward trend reflects the growing demand for property in the Ang Mo Kio area due to its excellent amenities and accessibility.
710a Ang Mo Kio Ave 8: Investment Potential
Rental Market:
– High rental demand due to proximity to MRT station and amenities
– Average monthly rental for 2-room units: S$2,300 – S$2,600
– Average monthly rental for 3-room units: S$3,000 – S$3,500
– Average monthly rental for 5-room units: S$4,500 – S$5,000
Capital Appreciation:
– Strong historical price appreciation
– Positive outlook for future price growth due to limited land supply in Ang Mo Kio
– Potential for capital gains for investors
710a Ang Mo Kio Ave 8: Tips and Tricks
Tips for Buyers:
– Consider your budget and housing needs
– Research market trends and compare prices
– Engage a reputable real estate agent
– Be prepared to negotiate and compromise
– Get all necessary legal and financial advice
Tricks for Sellers:
– Declutter and stage your unit
– Price your property competitively
– Use high-quality photos and videos for marketing
– Leverage social media and online advertising
– Be flexible with showings and negotiations
710a Ang Mo Kio Ave 8: A Step-by-Step Approach to Homeownership
- Determine Your Needs: Identify your desired number of rooms, budget, and preferred location.
- Research and Explore: Visit 710a Ang Mo Kio Ave 8, compare different units, and gather information about the market.
- Secure Financing: Get pre-approved for a mortgage and determine your affordability.
- Make an Offer: Submit an offer to purchase a unit based on your research and financial capability.
- Negotiate and Close: Work with a real estate agent to negotiate the terms of the purchase and finalize the legal paperwork.
- Move In and Enjoy: Once the purchase is complete, move into your new home and make it your own.
710a Ang Mo Kio Ave 8: Conclusion
710a Ang Mo Kio Ave 8 offers a winning combination of comfort, convenience, and investment potential. With its prime location, excellent amenities, and positive market outlook, this residential development is an ideal choice for homeowners and investors alike. By following the tips and step-by-step approach provided in this guide, you can confidently navigate the property market and make an informed decision regarding your next move.
Tables
Table 1: Unit Mix and Prices
| Unit Type | Floor Area (sqft) | Average Price (2022) |
|---|---|---|
| 2-Room | 452 – 527 | S$600,000 – S$700,000 |
| 3-Room | 624 – 732 | S$800,000 – S$1,000,000 |
| 4-Room | 915 – 1,001 | S$1,200,000 – S$1,400,000 |
| 5-Room | 1,184 – 1,335 | S$1,600,000 – S$1,800,000 |
Table 2: Rental Market
| Unit Type | Average Monthly Rental |
|---|---|
| 2-Room | S$2,300 – S$2,600 |
| 3-Room | S$3,000 – S$3,500 |
| 4-Room | S$3,500 – S$4,000 |
| 5-Room | S$4,500 – S$5,000 |
Table 3: Transaction Prices
| Year | Average Price per sqft |
|---|---|
| 2018 | S$1,100 |
| 2019 | S$1,150 |
| 2020 | S$1,200 |
| 2021 | S$1,300 |
| 2022 | S$1,350 |
Table 4: Comparative Market Analysis
| Residential Development | Location | Average Price per sqft (2022) |
|---|---|---|
| 710a Ang Mo Kio Ave 8 | Ang Mo Kio | S$1,350 |
| The Panorama | Bishan | S$1,400 |
| Mayfair Gardens | Toa Payoh | S$1,250 |
| The Tre Ver | Serangoon | S$1,300 |
