Nestled in the heart of Ang Mo Kio, 15 Ang Mo Kio Street 63 is a residential address that commands attention for its exceptional offerings and strategic location. This comprehensive guide will delve into the unique features, amenities, and investment opportunities associated with this coveted address, providing invaluable insights for discerning homebuyers and investors alike.
The Essence of 15 Ang Mo Kio Street 63
15 Ang Mo Kio Street 63 is a highly sought-after residential condominium that stands tall amidst a vibrant and convenient neighborhood. Designed to cater to the needs of modern urbanites, it comprises 416 units across 36 storeys, offering a wide range of spacious and well-appointed apartments to choose from.
Unparalleled Connectivity
One of the defining attributes of 15 Ang Mo Kio Street 63 is its unparalleled connectivity. Located just a stone’s throw away from Ang Mo Kio MRT and Bus Interchange, residents enjoy seamless access to public transportation, connecting them effortlessly to all corners of Singapore. Additionally, the development is conveniently situated near major expressways such as the Central Expressway (CTE) and Seletar Expressway (SLE), enabling swift and convenient travel by car.
Modern Amenities and Green Living
15 Ang Mo Kio Street 63 boasts an impressive array of modern amenities to enhance the comfort and convenience of its residents. The development features a 50-meter lap pool, a children’s pool, a well-equipped gymnasium, and a barbeque area, providing ample opportunities for recreation and relaxation. Furthermore, the condominium embraces green living principles, with lush landscaping and sustainable design elements that create a serene and eco-conscious environment.
Thriving Neighborhood
15 Ang Mo Kio Street 63 is situated within a thriving neighborhood that offers a plethora of conveniences and amenities at the doorstep. Residents have easy access to a wide variety of shopping malls, including AMK Hub, Broadway Plaza, and Junction 8, which house a diverse range of retail outlets, restaurants, and entertainment options. Additionally, the neighborhood is home to reputable schools such as Ang Mo Kio Primary School, Mayflower Primary School, and CHIJ St. Nicholas Girls’ School, providing excellent educational opportunities for families.
Investment Potential and Growth Prospects
Beyond its exceptional lifestyle offerings, 15 Ang Mo Kio Street 63 also presents a compelling investment opportunity. The Ang Mo Kio area has consistently been ranked among the top investment hotspots in Singapore, with strong rental demand and capital appreciation potential. According to data published by the Urban Redevelopment Authority (URA), the average price per square foot (psf) in Ang Mo Kio has increased by approximately 20% over the past five years, indicating a steady and sustained growth trajectory.
Future Development and Infrastructure Enhancements
The government has earmarked the Ang Mo Kio area for significant development and infrastructure enhancements in the coming years. The upcoming North-South Corridor (NSC), expected to be completed in 2025, will further improve connectivity and accessibility in the neighborhood. Additionally, the expansion of the nearby Bishan-Ang Mo Kio Park and the development of the new town center in Ang Mo Kio will create even more recreational and commercial opportunities for residents.
Tips and Tricks for 15 Ang Mo Kio Street 63 Buyers
For those considering purchasing a property at 15 Ang Mo Kio Street 63, here are some essential tips to help navigate the process successfully:
- Research the Market: Familiarize yourself with the current market conditions, including property prices, rental yields, and recent transactions in the Ang Mo Kio area.
- Secure Mortgage Pre-Approval: Obtain pre-approval from a reputable lender to determine your affordability range and strengthen your bargaining position.
- Work with an Agent: Engage a reliable and experienced real estate agent who can provide expert guidance throughout the buying process, from finding the right unit to negotiating the best terms.
- Negotiate Carefully: Be prepared to negotiate the purchase price and other terms of the contract to ensure you secure a fair deal.
- Consider Resale Options: If new units are not available, consider exploring resale options within 15 Ang Mo Kio Street 63 or the surrounding neighborhood.
Common Mistakes to Avoid
To avoid potential pitfalls when purchasing a property at 15 Ang Mo Kio Street 63, it’s crucial to steer clear of these common mistakes:
- Buying on Impulse: Don’t make a rushed decision. Take the time to thoroughly evaluate your needs, research the market, and consult with experts before committing to a purchase.
- Overextending Financially: Ensure that you have a clear understanding of your financial situation and can comfortably afford the mortgage payments and other associated costs.
- Ignoring Hidden Costs: Be aware of additional expenses such as stamp duty, legal fees, and renovation costs that may not be immediately apparent.
- Neglecting Property Inspections: Always conduct thorough property inspections before signing the purchase agreement to identify any potential issues or defects.
- Missing Out on Resale Opportunities: If new units are not available, don’t overlook the resale market. Resale units may offer attractive value and flexibility.
Generating Ideas for New Applications
To enhance the vibrancy and functionality of 15 Ang Mo Kio Street 63, here’s a creative new word that can spark ideas for innovative applications: “VibrancyScape“
VibrancyScape: A concept that reimagines the condominium’s common spaces and amenities as vibrant, multi-purpose areas that foster community engagement, promote wellness, and support sustainable living.
By adopting this concept, 15 Ang Mo Kio Street 63 could transform into a truly exceptional residential destination that caters to the evolving needs of its residents.
Useful Tables
Table 1: Unit Types and Sizes
| Unit Type | Size |
|---|---|
| 1 Bedroom | 452 – 559 sqft |
| 2 Bedroom | 689 – 915 sqft |
| 3 Bedroom | 1,087 – 1,399 sqft |
| 4 Bedroom | 1,409 – 1,690 sqft |
Table 2: Amenities and Facilities
| Amenity | Description |
|---|---|
| 50-meter Lap Pool | Outdoor swimming pool for exercise and recreation |
| Children’s Pool | Shallow pool designed for younger residents |
| Gymnasium | Well-equipped fitness center with cardio and weight training machines |
| Barbeque Area | Outdoor grilling area for social gatherings and dining |
| Lush Landscaping | Extensive greenery and outdoor spaces for relaxation and community building |
Table 3: Nearby Amenities
| Amenity | Distance |
|---|---|
| Ang Mo Kio MRT and Bus Interchange | 300 meters |
| AMK Hub | 500 meters |
| Broadway Plaza | 800 meters |
| Junction 8 | 1 kilometer |
| Ang Mo Kio Primary School | 400 meters |
| Mayflower Primary School | 600 meters |
| CHIJ St. Nicholas Girls’ School | 1 kilometer |
Table 4: Market Data and Investment Potential
| Statistic | Value |
|---|---|
| Average PSF Price (2023) | S$1,100 |
| Annual Rental Yield (2023) | 3.5% |
| Capital Appreciation (Past 5 Years) | 20% |
| Projected Capital Appreciation (2025) | 5-10% |
