The Avenir – Luxury District 9 Living In The Heart Of The City

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Price range (indicative)
$998K ~ $8.3M
Sale psf range (indicative)
S$1,044 ~ S$3,769 psf

The Avenir is a luxury freehold condominium located along River Valley Close on the former Pacific Mansion site in the heart of District 9. It is centrally located a few minutes drive from the Orchard Road Shopping Belt and Central Business District. 

376 residential units spread over 129,648 square feet of the land area will comprise one to four-bedroom luxury condominium units costing between $1,529,000 and $8,442,000. 

The property is being developed by Carmel Development Pte Ltd, a joint venture between prominent property developers Hong Leong Holdings, Hong Realty, and GuocoLand Limited. It is expected to TOP in August 2025. 

Did You Know? 

  1. River Valley is bordered by Orchard in the north, Tanglin in the west, Museum in the East, and the Singapore River in the South.
  2. The area was popular in the 1930s, with wealthy European and Chinese merchants wanting a quieter residential area than the city centre.
  3. What is now Killiney Estate used to be a nutmeg plantation.
  4. Once an area that contained large mansions of wealthy traders, most of the big villas have since been demolished. The one surviving villa is a traditional Chinese house built by Tan Yeok Nee in 1995. Today, that landmark is a national monument.
  5. The 3.2 kilometre long Singapore River has been the country’s lifeline for almost 200 years and was integral to the development of Singapore as a leading hub.
  6. Boat Quay was the central place for business in the mid-1800s, but shops, houses, and mills sprung up everywhere along the river by the end of the century. 

Factsheet

Tenure: FreeholdCompletion year: Aug 2025 (Legal TOP Date)
Address: 8, River Valley Close, Singapore 238432 & 10, River Valley Close, Singapore 238438# Of Floors: 36
Bedrooms: 1, 2, 3, 4No. of Carpark Lots: 376 car park lots and four accessible car park lots
Project size: 50,775.51 sqmTotal Units: 376
Developer: Carmel Development Pte LtdShow Flat Date: 29 Nov 2019
Price: $998K ~ $8.3MShow Flat Address: Upper Cross St towards Havelock Road (Entrance located just before the overhead bridge)
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The Avenir Amenities

Pool deckFitness cornerSwimming pool
BBQ pitsParking24/7 security
Tennis courtTranquility gardenGymnasium
Children’s playgroundSpice gardenReading patio
Spa pavilionMeditation and yoga deckHydrotherapy pool
Urban farmClubhouse
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The Avenir Photo Tour

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The Avenir Unit Mix

1 Bedroom (527 – 538 square feet)

2 Bedrooms (807 – 829 square feet)

3 Bedrooms (1,411 square feet)

3 Bedrooms + Private Lift (1,528 – 1,572 square feet)

4 Bedrooms + Private Lift (2,056 – 2,067 square feet)

4 Bedrooms + Family Room + Private Lift (2,411 square feet)

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The Avenir floor plans

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The Avenir Brochure

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    The Avenir Location, Features

    The Avenir – Location

    River Valley is a prime district located strategically in the heart of Singapore, featuring several landed properties, private apartments, and luxury condominiums. 

    With a large number of businesses located on the banks of the iconic Singapore River, now the Marina Reservoir, residents are spoilt for choice when it comes to dining or entertaining options.

    With Robertson Quay right around the corner, the Avenir offers excellent neighbourhood dining options with stunning waterfront views. 

    With Great World City, Valley Point, and Liang Court right around the corner, retail lovers will rejoice in the options these major malls provide. In addition, the famed Orchard Road shopping belt is a mere 5-minute drive or bus ride away. 

    River Valley has something for everyone. Families with children will appreciate the availability of quality education, and singles and young couples will enjoy the peaceful surroundings and bustling nightlife in the nearby waterfront area.

    The Avenir – Schools

    While District 9 isn’t famed for having a plethora of schools, there are still plenty of school choices around the area. 

    The excellent transport opportunities make it easy for children to get to and from school, while parents enjoy the convenience of living in the heart of the city. 

    Some of the prominent schools within a short bus ride away include:

    • Alexandra Primary, Anglo-Chinese School (Junior)
    • St. Margaret’s Primary
    • River Valley Primary
    • Gan Eng Seng Secondary
    • Outram Secondary
    • Chatsworth International School
    • School of the Arts
    • ACT 3 International
    • International School Singapore Paterson Campus

    The Avenir – Connectivity

    The Avenir enjoys an excellent location smack in the middle of District 9. The major road networks of Bukit Timah, MCE, AYE, ECP, and CTE are a stone’s throw away, while entry into the Orchard Road shopping belt is a leisurely 10-minute stroll. 

    The nearest MRT station is Somerset (NS23), about a 10-minute walk away, connecting Avenir residents to the North-South Line with major stations and interchanges like Plaza Singapura, Dhoby Ghaut, City Hall, and Raffles Place mere stops away. 

    The upcoming Great World MRT due to be completed in 2022 will further enhance the connectivity of the Avenir, offering instant connection to the new Thomson-East Coast Line. 

    A multitude of buses ply River Valley Road, River Valley Close, and St Thomas Walk, connecting the neighbourhood with the rest of the island in a single ride. 

    Some other nearby developments include:

    • 8 St Thomas
    • Martin Modern
    • Scotts Square
    • The Ritz-Carlton Residences
    • TwentyOne Angullia Park
    • Haus On Handy

    The Avenir – Amenities Around 

    Residents of Avenir are spoilt for choice. Nestled in River Valley and next door to Robertson Quay, the Avenir is surrounded by enough retail options to please even the most discerning shopaholic. 

    Some shopping malls nearby include:

    • Orchard Central
    • Robertson Walk
    • Great World City
    • Orchard Building
    • The Centrepoint
    • Paragon
    • ION Orchard
    • Plaza Singapura
    • UE Square Shopping Mall
    • Orchard Point
    • Orchard Gateway
    • 313 Somerset

    Most malls contain major supermarkets like NTUC Fairprice, Cold Storage, and Giant Hypermarket to take care of the neighbourhood’s grocery needs. 

    In addition, banks, telecommunication services, and ATMs are scattered generously around the area. 

    Mount Elizabeth, Raffles Hospital, and Singapore General Hospital are all short distances away to take care of all your medical needs, and general practitioners are found throughout the neighbourhood. 

    Residents have the best of convenient city living yet in lush, tranquil surroundings. 

    The significant advantage of the Avenir is the numerous posh bars and fancy restaurants dotting the neighbourhood and the proximity to Robertson Quay. 

    Robertson Quay is the largest quay located upstream of Clarke Quay and Boat Quay. Originally a swampy land, Robertson Quay is an instrumental part of Singapore’s rich history around the Singapore River. 

    The early industrial buildings served as storages and godowns, an essential part of the vibrant trading activity present from the 1800s until the late 1970s, when urban development started to take hold. 

    These former industrial buildings along the Singapore River continue to be conserved and integrated into newer developments, illustrating an essential chapter in Singapore’s history as a growing trading hub.

    The Avenir – Leisure Activities

    In addition to hanging out in malls which seems to be one of the most revered Singaporean pastimes, nature lovers and foodies alike will enjoy what River Valley has to offer. 

    While sports facilities in condominiums are a norm, the Avenir is a nature lover’s dream. The botany-inspired landscaping highlights contrasting elements and lush greenery in an oasis in the heart of a bustling city.

    The Luxe Botanical is the Avenir’s property-wide theme that offers a natural sanctuary for its residents. 

    The iconic Fort Canning Park is ideal for history buffs, joggers, and hikers, while their occasional concerts and festivals give a culture boost to performing arts aficionados. 

    The 18-hectare park was home to Malay royalty and the site of the British surrender during World War II. 

    Today, the park is full of attractions, from ancient artifacts for history buffs to outdoor lawn areas for gatherings and concerts. 

    A short MRT ride away lies the central catchment area of MacRitchie, Upper Peirce, and Lower Peirce Reservoirs, providing nature lovers a multitude of options to hike, jog, and observe wildlife. 

    The famed Botanic Gardens lie to the northwest and was named Singapore’s first UNESCO World Heritage Site in 2015. 

    First started in 1822 when Sir Stamford Raffles developed a botanical and experimental garden, the Botanic Gardens are now a vital botanical institute and managed by the National Parks Board. 

    With over 150 years of history, the 82-hectare park continues to be a favourite for nostalgic Singaporeans and plays an essential role in serving as a tropical botanical institute. 

    Kids (and adults!) will delight in the nearby Bounce Singapore, a trampoline park with multiple arenas that they can freestyle in. 

    Trampolining has long been hailed as one of the most efficient forms of cardiovascular activity, a low-impact workout that builds muscle tone, improves flexibility, balance, and coordination. 

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    Why Buy The Avenir?

    Located centrally with easy access to Orchard Road, the Central Business District, Suntec City, and the Marina Basin, the Avenir is poised to bring timeless luxury into the affluent district. 

    Although rare in other developments in land-scarce District 9, 75% of land area has been reserved exclusively for greenery and landscaping. 

    Due to their location and prestigious reputations, properties within Singapore’s Core Central Region are highly prized by residents and investors alike.

    River Valley has been known to be the neighbourhood for the wealthy since early leaders like Thomas Oxley, Tan Kim Seng, and Lee Cheng Yan built their mansions there in the 1800s. 

    Combine the central location with the plethora of dining and entertainment options by the waterfront, and you’ve got one of the most renowned neighbourhoods that will be a hit with both locals and expatriates in the buying and rental markets. 

    In addition, historical sales transactions show that more properties have been sold in this region than any other.

    The 1st quarter of 2018 showed an increase of an average of 4.3 percentage points for residential properties sold. 

    The high capital appreciation coupled with higher rental yields lead to the overwhelming popularity of River Valley that has not faded over the years. 

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    Economic Outlook – Singapore’s Property Market

    After a few gloomy years, Singapore’s property market is starting to look a little rosier. Earlier in 2021, the Tsai’s, one of Taiwan’s wealthiest families, snapped up all 20 units at the Eden complex for S$292 million.

    After more than a year of strict border controls and a less flourishing economy, the market is showing some signs of recovery.

    The nation’s approach to the pandemic now is to continue to live with the virus as endemic, thanks to the relatively high vaccination levels of over 80%. 
    With a stable currency, reliable legislation, and relatively low taxes, Singapore has always been a top choice for property investment in the region.

    The property prices on land-scarce Singapore, coupled with a stable government and educated population, have led to a flourishing real estate market in the small city-state.

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    URA’s 2019 Master Plan For River Valley

    In addition to continuously adding more covered walkways, open community spaces, and infrastructure improvements, River Valley residents will get to enjoy more greenery and trees.

    The Urban Redevelopment Authority is guiding the developer of several residential sites to retain some existing mature trees and provide landscaping to maintain the lush surroundings of the neighbourhood. 

    In addition, there will be a linear park linking River Valley to Kim Seng Park and the Alexandra Canal Linear Park. 

    The upcoming Great World City MRT station will be completed in 2022, linking the area with the new Thomson-East Coast line. 

    In addition, more hotel properties are slated to be developed along the Singapore River, an essential historic waterfront adored by locals and expatriates alike. 

    More hotel developments along the water will build on the already-established cluster of quality hotels like the InterContinental Singapore, Swissotel Merchant Court, Robertson Quay, and Park Hotel Clarke Quay. 

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    The Avenir – Developer Profile

    The property is owned and developed by Carmel Development Pte Ltd, a joint venture between Hong Leong Holdings, GuocoLand, and Hong Realty.

    The joint venture acquired the site in March 2018 for S$980 million in the largest collective sale in over a decade. 

    Established in 1968, Hong Leong Holdings is one of the largest residential developers in Singapore, with Sage, One Balmoral, Midwood, and The Tate Residences under its portfolio. 

    Hong Leong Holdings manages eight commercial projects and has developed almost 100 residential properties in some of the country’s most favoured neighbourhoods. 

    GuocoLand has 36 properties developed in Singapore to date, with the flagship property being the integrated, mixed-use Guoco Tower. 

    Their award-winning properties include Wallich Residence, Martin Modern, Meyer Mansion, and Midtown Bay. They have won numerous environmental and sustainable awards in recognition of their outstanding innovation and business excellence. 

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    Fill up the form to book an appointment to view The Avenir showflat & get VIP latest price discount , E-brochure and latest Updates

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