Introduction
Address: 648 Ang Mo Kio Ave 5, Singapore 560648
648 Ang Mo Kio Ave 5 is a highly sought-after residential development located in the heart of Ang Mo Kio, Singapore. Its strategic location and modern amenities make it a popular choice for both families and investors alike. This comprehensive overview will provide an in-depth look at 648 Ang Mo Kio Ave 5, exploring its features, amenities, and investment potential.
Key Features
- 99-year leasehold development
- Completion date: 2025
- 2 towers with 40 storeys each
- 1,200 residential units ranging from 1- to 4-bedroom apartments
- 10 commercial units on the ground floor
Amenities and Facilities
648 Ang Mo Kio Ave 5 boasts an extensive range of amenities that cater to the needs of its residents.
Recreational Facilities:
- Swimming pool
- Gym
- Tennis court
- BBQ pits
- Children’s playground
Convenience and Accessibility:
- 24-hour security
- Concierge service
- Basement carpark
- Close proximity to MRT stations (Ang Mo Kio and Yio Chu Kang)
- Surrounded by numerous amenities, including shopping malls, supermarkets, and restaurants
Investment Potential
648 Ang Mo Kio Ave 5 presents a lucrative investment opportunity due to several factors:
- Central location: Ang Mo Kio is a thriving residential and commercial hub, ensuring high rental demand and capital appreciation.
- Strong demand for housing: Singapore’s housing market has consistently shown strong growth, with demand for new units outstripping supply.
- Rental growth potential: Ang Mo Kio’s proximity to the Central Business District (CBD) and other employment hubs makes it a desirable location for renters, leading to potential rental growth.
Comparative Analysis: 648 Ang Mo Kio Ave 5 VS Other Developments
To provide a clearer perspective on 648 Ang Mo Kio Ave 5’s investment potential, let’s compare it to two other similar developments in the area:
Feature | 648 Ang Mo Kio Ave 5 | The Panorama | Rivertrees Residences |
---|---|---|---|
Number of units | 1,200 | 785 | 581 |
Leasehold | 99 years | 99 years | 99 years |
Completion date | 2025 | 2023 | 2024 |
Unit types | 1-4 bedrooms | 2-4 bedrooms | 1-4 bedrooms |
Proximity to MRT | Within 500m | Within 500m | Within 1km |
Estimated PSF | $2,000 – $2,500 | $1,800 – $2,200 | $2,200 – $2,600 |
Conclusion
648 Ang Mo Kio Ave 5 is an exceptional development that offers a seamless blend of comfort, convenience, and investment potential. Its prime location, generous amenities, and strong rental demand make it an ideal choice for both homeowners and investors. Whether you’re looking for a comfortable abode or a wise investment, 648 Ang Mo Kio Ave 5 is definitely worth considering.
Additional Tips and Tricks
- Consider the different unit types and choose the one that best suits your needs and budget.
- Take advantage of the proximity to MRT stations for easy access to the city center and other parts of Singapore.
- Explore the various amenities and facilities to make the most of your living experience.
- Consult with a reputable real estate agent for professional advice and guidance on purchasing or renting a unit in 648 Ang Mo Kio Ave 5.
Reviews
“Exceptional amenities, prime location, and potential for high returns.” – John, homeowner
“Spacious units, excellent security, and a very comfortable living environment.” – Mary, tenant
“A great investment opportunity with strong rental demand and potential capital appreciation.” – Peter, investor
“Highly recommend for families seeking a convenient and comfortable lifestyle.” – Jane, resident