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Avenue South Residence – PropertyGuru Market Pulse Insights

The project remains one of the more visible names in recent search data, capturing 3.84% of district queries in Alexandra / Commonwealth based on PropertyGuru search data over the past 30 days. Recent data places the project among the more actively browsed options in the area, reflecting steady rental interest from property seekers.

Most-searched Units: 2-Bedroom

Popular preferences: Tennis Court, Balcony

Pricing by Unit Types:

1-Bedroom Units:
- Avg Asking Price: S$ 4K
- Avg PSF: S$ 7 psf (8.92% lower compared to Alexandra / Commonwealth average of S$ 8 psf)
- Available Units: 5
2-Bedroom Units:
- Avg Asking Price: S$ 5K
- Avg PSF: S$ 7 psf (3.86% higher compared to Alexandra / Commonwealth average of S$ 7 psf)
- Available Units: 10
3-Bedroom Units:
- Avg Asking Price: S$ 6K
- Avg PSF: S$ 7 psf (12.85% higher compared to Alexandra / Commonwealth average of S$ 6 psf)
- Available Units: 5
4-Bedroom Units:
- Avg Asking Price: S$ 9K
- Avg PSF: S$ 6 psf (2.59% higher compared to Alexandra / Commonwealth average of S$ 6 psf)
- Available Units: 2

Key Takeaway: Market demand indicators point strongly towards the 2-Bedroom configurations as the preferred choice for rental seekers in this development. While larger 4-Bedroom units represent a tighter inventory profile, they maintain a pricing structure that aligns closely with broader district benchmarks. Overall, the property commands a notable premium in the 3-Bedroom segment, suggesting a high-demand concentration for family-sized layouts. These supply-demand dynamics indicate a selective market support for well-configured units within the Alexandra / Commonwealth area.

Location & Lifestyle Highlights — Avenue South Residence 1200m (15 mins) to CANTONMENT MRT STATION — Direct access to the upcoming Circle Line extension provides a smooth commute to the CBD and the future Greater Southern Waterfront. Avenue South Residence stands as a landmark 56-storey development that blends modern high-rise living with beautifully preserved heritage buildings on the edge of the city. Its unique position offers residents a front-row seat to the massive urban transformation of the southern coastline while keeping the downtown core within easy reach. Nearby hotspots: MRT Stations:

KEPPEL MRT STATION (1836m, 22-23 mins) — Future connectivity via the Circle Line offers more travel options for those working in the southern business hubs.

Bus Stops (40 within 1 km):

MELATI BLK 2 (99m, 1-2 mins) — Just a few steps away for a quick and easy bus ride to the surrounding Bukit Merah area.
OPP MELATI BLK 2 (118m, 1-2 mins) — Conveniently located across the road for efficient daily travel to central Singapore.

Education & Early Learning:

MODERN MONTESSORI PRE-SCHOOL (139m, 1-2 mins) — Very close by, making it easy for parents to drop off their little ones before heading to work.
CHIJ (KELLOCK) (357m, 4-5 mins) — A well-regarded primary school within short walking distance for families with young daughters.
K¹² INTERNATIONAL ACADEMY SINGAPORE (645m, 7-8 mins) — Provides specialized academic options within the immediate neighborhood.

Healthcare & Wellness:

SINGAPORE GENERAL HOSPITAL (775m, 9-10 mins) — Proximity to Singapore's largest medical campus ensures world-class healthcare is always nearby.
OUTRAM COMMUNITY HOSPITAL (804m, 9-10 mins) — Convenient access to rehabilitative care and specialized health services.
NATIONAL HEART CENTRE SINGAPORE (825m, 9-10 mins) — Specialist cardiac care is just a short trip away for peace of mind.

Shopping & Retail:

HAO MART (170m, 2-3 mins) — A handy spot for picking up daily essentials and household items without a long walk.
FAIRPRICE (197m, 1-2 mins) — Reliable grocery shopping is practically on your doorstep for the weekly family shop.
GIANT EXPRESS - JALAN MEMBINA (1113m, 13-14 mins) — Another great option for fresh produce and variety in the nearby Tiong Bahru area.

Dining & Food:

YAMAHYUDDIN ALJAILANI RESTAURANT (613m, 7-8 mins) — Local dining choice nearby for a quick and tasty meal any day of the week.
STARBUCKS (684m, 8-9 mins) — Perfect for a morning coffee or a quiet place to work just a short stroll from home.
KOUFU (686m, 8-9 mins) — A variety of affordable local food options available in a comfortable food court setting.

Highly attractive for: Young Families, Healthcare Professionals, Urban Investors, and CBD-based Business Owners.

Market & Rental Insights

Avenue South Residence demonstrates a dynamic rental market with significant transaction volume and varying rental appreciation across different unit types.

Median Rental Appreciation: Over the last one year, 2-bedroom units rose from S$4,300 → S$4,380 (1.86%) and 3-bedroom units increased from S$6,200 → S$6,400 (3.23%), while 4-bedroom units adjusted from S$8,500 → S$8,350 (-1.76%).
Transactions:134 rental transactions in the last 6 months showing brisk rental activity.
PG Pulse Insight: Rental activity is brisk with 134 transactions, supported by positive rental growth in 2 and 3-bedroom segments reaching up to S$6,400.