The Venue Residences and Shoppes

The Venue ResidencesThe Venue Residences, or to give it its proper name, The Venue Residences and Shoppes is a mixed development in the heart of District 13. Its 28 commercial units – all based on the first storey, are made up of 23 restaurants and 5 shops, meaning residents don’t have to leave the development to fulfil their retail or dining needs. The Venue Residences are nicely positioned in terms of the nearest MRT, with Potong Pasir on the North East Line just 3 minutes away on foot. From there it is around 15 minutes to get into both the CBD and Orchard Road. Facilities include an infinity pool and a children’s trampoline.City Developments Limited (CDL) has long held a foothold in the property industry since 1963. It has developed more than 36,000 luxurious homes and owns close to 7.2 million square feet of commercial, retail, residential and hotel space locally and globallyThe Venue Residences – Unique Selling PointsDespite its location on the city fringes, The Venue Residences is very much a luxury development on a par with those found in the CBD and its developer comes with a very good pedigree and track record in similar high end projects. It has a good range of facilities including an infinity pool. Location is also a very big plus point for The Venue Residences, with Potong Pasir MRT just a 3 minute walk away giving quick and easy access into the city itself. The same can be said for those wishing to drive. The fact that the development comes with its own restaurants and shops is the icing on the cake.The Venue Residences – AccessibilityThe nearest station to The Venue Residences is Potong Pasir MRT which is on the North East Line, and is only a 3 minute walk from the development. Dhoby Ghaut is 4 stops away, from where you can get to both the CBD and Orchard Road. The overall journey time is approximately 15 minutes. If you take the train in the other direction you arrive at Serangoon Interchange after 2 stops, where you’ll find NEX with its large choice of retail options.Both the PIE and CTE are easily accessible from The Venue Residences, and the CBD is drivable in around 15 minutes or less. The area around the development is served by several bus routes.The Venue Residences - Amenities & AttractionsDining near The Venue Residences:Casuarina Curry RestaurantRiver South Prawn MeeSer Heng Herbs RestaurantTian Wai Tian Fish Head SteamboatShopping near The Venue Residences:NEXSchools and Education near The Venue Residences:St Andrew's Secondary SchoolSt Andrew's Junior SchoolCedar Primary SchoolThe Venue Residences - Project informationThe Venue Residences is a mixed development located on Tai Thong Crescent in Potong Pasir. Overlooking landed property, the project consists of 266 residential units and 28 commercial ones. Those commercial units will be located all on the first storey and will be made up of 23 restaurants and 5 retail units giving residents of the development – and indeed those of the landed properties – an alternative to NEX shopping Mall, right on their doorstep. The developer has positioned The Venue Residences as a luxury project on a par with those found in the CBD.Facility wise, The Venue Residences can hold its head high, with some highlights being an infinity pool, gymnasium, steam room, children’s play area with trampoline, children’s pool and a yoga patio.Project Name: The Venue Residences / Venue ShoppesAddress: Tai Thong CrescentType: Mixed developmentTenure: 99-year leaseholdDistrict: 13Configuration: 266 Residential/28 CommercialUnit type:24 x 1-bedroom units (495 – 753 sqft)120 x 2-bedroom units (840 – 1,163 sqft)86 x 3-bedroom units (1,130 – 1,378 sqft)28 x 4-bedroom units (1,238 sqft)8 x Penthouse units (1,948 – 2,142 sqft)Land size: Approx. 88,268 sqftParking lots: 292 including 7 handicapped lots (Residential)30 for retail owners and 80 for visitors & public (commercial)Expected TOP: 6th Sept 2017The Venue Residences - Historical DataThe following data is for The Venue Residences up to 21st October 2016. The 2 bed suite had a starting price of $1,126,000 and a median sales price of $1,307. This compares to $1,812,000 and $1,463 psf for the 4 bed units. The 3 bedders come in standard and dual key configuration and are priced $1,568,000 ($1,387 psf) and $1,851,000 ($1,343 psf) respectively. The figures for the penthouse at The Venue Residences are $2,786,000 and $1,430 psf.