The Avenir Condo is formerly known as Pacific Mansion, which was taken en-bloc for $980 million in a joint venture comprising billionaire cousins Kwek Leng Beng and Quek Leng Chan. Singapore-listed GuocoLand successfully tendered for the site with Intrepid Investments and Hong Realty.
Both Intrepid Investments and Hong Realty are majority-owned by Hong Leong Investment Holdings (HLIH), which is effectively controlled by Mr Kwek, though other family members also own stakes in these companies. GuocoLand and Intrepid Investments each hold a 40 per cent stake in the project, while Hong Realty owns a 20 per cent interest.
The Avenir Condo sits on a lush land site of approximately 129,649 sqft and features two freehold 36-storey towers. Located in Prime District 9 – the highly coveted lifestyle enclave of River Valley, Robertson Quay and Orchard Road. With 376 luxurious apartments, choose your desired unit from 1 bedroom to 4 bedroom configurations.
Meet the abode for those who refuse to settle for anything less than exceptional. Start with the coveted freehold address in prime District 9. Add a rare vantage point, overlooking Orchard Road at one end and Singapore River at the other. Then there’s the matter of pedigree, courtesy of ADDP and studioMilou, the latter the architects behind the iconic transformation of the National Gallery Singapore. It all makes for so much more than a home. Meet the newest landmark in town — The Avenir.
Key selling points:
1. 5-8 mins walk to the upcoming Great World MRT (tbc 2021) and in proximity to Somerset MRT and Fort Canning MRT.
2. 376 luxurious freehold units that can be passed on to future generations.
3. Prestigious locale in the River Valley private residential precinct in the Core Central Region of Singapore.
4. Close in proximity to the Central Business District and the Orchard Shopping Belt.
The Avenir Condo is jointly developed by two prominent property developers, Hong Leong Holdings and Guocoland. Hong Leong Holdings with its related company, City Developments, possess 55 years experience in real estate development and has developed over 55,000 homes and owns over 24 million square feet of gross floor area in residential, commercial and hospitality assets across the globe. Guocoland was listed on the Singapore Exchange in 1978 and has total assets of $10 billion as of 30 June 2019. It has developed 36 residential properties in Singapore and a flagship integrated mixed-use development, Guoco Tower, which integrates Grade A offices, retail space and luxurious apartments at Wallich Residences.