PREVIEWS for new Ang Mo Kio housing development AMO Residence, being constructed as a joint venture by Singapore Land Group, UOL Group and Kheng Leong Company, will begin this Saturday (9th Jul 2022) with rated priced from S$1,890 per square foot upwards.

AMO Residence is the first major housing condominium to launch in Ang Mo Kio for the last 8 years, and will be closely watched to determine market demand and appetite for rates in Singapore’s suburban private residential market. Here is the latest Price List.

More than 80%, or over 300 of the units at AMO Residence, will be 2- or 3-bedroom condo apartments with prices beginning from S$1.26 million and S$1.81 million, respectively. Scarce 4- and 5-bedroom units with private lifts will have rates from S$2.48 million and S$2.85 million respectively.

Comprising twin 25-storey towers, the 372-unit residential condominium is sited at Ang Mo Kio Rise off Ang Mo Kio Avenue 1 and is expected to be completed in 2026.  See the Location Map for details. The 99-year leasehold development will have 2- to 5-bedroom units with sizes from 614 square feet (sq ft) to 1,475 sq ft, including 3 exclusive penthouses from 2,293 sq ft to 2,497 sq ft. You can view the Floor Plan of each unit type in this official website.

Sales bookings will start on 23rd Jul 2022 morning.

AMO Residence is being constructed a joint venture of Singapore Land Group, Kheng Leong and UOL Group. UOL controls 60% in the venture, while the other 2 possess a 20% stake each.

The group’s asset and chief investment officer MS Jesline Goh believes that AMO Residence will possibly attract owner-occupiers in the environment of “the short supply of new private residences in the outside of core region (OCR)”, as well as the affordably priced condo units.

The condominium will offer 2 floors of facilities including a 50-metre infinity lap pool and a a clubhouse. See more of the facilities in this development from the Site Plan.

The development is located within a 5-minute stroll to Mayflower MRT station serving the Thomson-East Coast Line, as well as 1 stop away from the future Bright Hill MRT interchange that will be serving the Cross Island Line.

UOL said the residence is also well-linked to other regions of the island via the upcoming North-South Corridor, which aims to reduce commute times to the City State’s Central Business District by up to half an hour.

Highly sought after primary schools within 1 kilometre of the condo include CHIJ St Nicholas Girls’ School, Ai Tong School and Ang Mo Kio Primary School. The residence is also in close proximity to restaurants and shops located at AMK Hub, Thomson Plaza and Junction 8.

In accordance to UOL Group in its recent press statement, the group’s latest condominim Clavon was fully sold in June 2022 following its preview back in end 2020. They said their other developments, like Avenue South Residence (launched September 2019) and The Watergardens at Canberra (launched August 2021), have “enjoyed swift sales with not many units left”.

Source: https://www.businesstimes.com.sg/real-estate/uol-to-start-previews-for-ang-mo-kio-condo-at-prices-from-s1890-psf