Introduction
590B Ang Mo Kio St 51 is a prominent address in the heart of Ang Mo Kio’s vibrant neighborhood. With its prime location, modern facilities, and strategic connectivity, this development is poised to become a highly sought-after residential destination in the years to come.
Location Advantages
Nestled within the tranquil Ang Mo Kio Town, 590B Ang Mo Kio St 51 offers an idyllic setting with all the conveniences of city living at its doorstep.
- Proximity to MRT: The development is just a stone’s throw away from Mayflower MRT station, providing seamless connectivity to the rest of Singapore via the North-South Line.
- Major Expressways: The development is also strategically located near major expressways such as the Central Expressway (CTE) and Kallang-Paya Lebar Expressway (KPE), making it easy to commute to other parts of the island.
- Nature’s Embrace: 590B Ang Mo Kio St 51 is situated in close proximity to Bishan-Ang Mo Kio Park, a sprawling green lung that offers residents a tranquil oasis for recreation and relaxation.
World-Class Amenities
590B Ang Mo Kio St 51 boasts a comprehensive suite of amenities designed to enhance the well-being of its residents.
- Spacious Sky Terrace: The development features a sprawling sky terrace with panoramic views of the surrounding greenery. This outdoor haven is perfect for hosting gatherings, enjoying the fresh air, or simply unwinding after a long day.
- Swimming Pool and Gymnasium: Residents can stay active and fit with the development’s swimming pool and gymnasium, which are fully equipped with state-of-the-art facilities.
- Barbecue Pits and Function Rooms: 590B Ang Mo Kio St 51 also offers barbecue pits and function rooms, providing residents with the perfect spaces to entertain guests and celebrate special occasions.
Investment Potential
590B Ang Mo Kio St 51 offers an exceptional investment opportunity given its prime location, modern amenities, and future growth potential.
- Proven Capital Appreciation: Ang Mo Kio has historically been a strong investment destination, with property prices appreciating significantly over the years. This trend is expected to continue in the coming years, driven by the area’s growing popularity and infrastructure developments.
- Rental Demand: The development is expected to attract a high demand for rental units due to its proximity to educational institutions, major employers, and transportation hubs. This presents investors with the potential for substantial rental income.
- Future Value: The Ang Mo Kio area is undergoing a major transformation with several upcoming developments and infrastructure upgrades. These projects are expected to further enhance the neighborhood’s desirability and property values in the years to come.
Case Study
In 2018, a similar development in the neighboring town of Bishan achieved impressive capital appreciation of over 15%. This case study suggests that 590B Ang Mo Kio St 51 is well-positioned to deliver similar or even higher returns on investment.
Tips and Tricks for Investors
- Buy Early: Get in on the ground floor and capitalize on the early mover advantage.
- Secure a Unit with a Good Layout: Choose a unit with a functional layout and ample natural light to maximize its value.
- Consider Rental Potential: Research the rental demand in the area to assess the potential for rental income generation.
- Stay Informed: Keep abreast of upcoming developments and infrastructure plans that could further enhance the value of the property.
Step-by-Step Approach for Investors
- Research the Market: Gather information about the Ang Mo Kio property market, including historical price trends, rental demand, and future development plans.
- Visit the Development: Schedule a viewing of 590B Ang Mo Kio St 51 to experience its amenities and location firsthand.
- Secure a Unit: Consult with a real estate agent to find the right unit that meets your investment criteria.
- Negotiate the Price: Engage in negotiations with the seller to secure the best possible price for your purchase.
- Complete the Transaction: Finalize the sale agreement and arrange for financing and legal documentation.
Conclusion
590B Ang Mo Kio St 51 presents an exceptional opportunity for investors and homeowners alike. Its prime location, modern amenities, and future growth potential make it a sound investment choice that is expected to generate substantial returns in the years to come. By following the tips and tricks outlined in this article, investors can maximize their returns and secure their financial future in this vibrant neighborhood.
Appendix
Table 1: Key Statistics for Ang Mo Kio
| Metric | Value |
|---|---|
| Population | 165,000 |
| Median Age | 40.5 years |
| Median Household Income | S$105,000 |
| Average Property Price | S$1,200,000 |
Table 2: Amenities at 590B Ang Mo Kio St 51
| Amenity | Description |
|---|---|
| Sky Terrace | Panoramic views, outdoor seating, event space |
| Swimming Pool | Lap pool, children’s pool, sun deck |
| Gymnasium | State-of-the-art equipment, yoga room |
| Function Room | Indoor and outdoor spaces for parties and events |
Table 3: Rental Demand in Ang Mo Kio
| Unit Type | Average Monthly Rent |
|---|---|
| 1-Bedroom | S$3,000 |
| 2-Bedroom | S$3,500 |
| 3-Bedroom | S$4,000 |
Table 4: Future Developments in Ang Mo Kio
| Project | Completion Date |
|---|---|
| North-South Corridor | 2025 |
| Thomson-East Coast Line Extension | 2026 |
| Ang Mo Kio Sports and Recreation Centre | 2027 |
