|Project Name||The Avenir|
|Location||River Valley Close|
|Developer||GuocoLand and Hong Leong Holdings|
|Land Price:||$1806 psf ppr. Enbloc of Pacific Mansion in March 2019|
|Site Area||129,648 square feet|
|GFA||50,775.51 square metres|
|Development||Private Condo comprising of 2 Towers of 36 Storey apartments|
|Expected TOP||Aug 2025|
|Eligibility||SC/ SC, SC/SPR and Foreigner can buy|
Listed on the Singapore Exchange Securities Trading Limited since 1978, GuocoLand Limited ("GuocoLand") is a premier regional property company with operations in the geographical markets of Singapore, China, Malaysia and Vietnam. In 2017, GuocoLand marked its expansion beyond Asia into the new markets of the United Kingdom and Australia through a strategic partnership with Eco World Development Group Berhad in Eco World International Berhad.
GuocoLand has been honoured with numerous awards and accolades both locally and internationally, in recognition of its portfolio of quality, innovative developments and commitment to business excellence. These include environmental sustainability awards such as the Building and Construction Authority (BCA) Green Mark Awards and Leadership in Energy and Environmental Design (LEED) Pre-Certification, as well as real estate awards honouring the best property companies such as the International Property Awards, FIABCI Property Awards, BCI Asia Awards and South East Asia Property Awards.
Hong Leong Holdings Limited (HLHL) was established in 1968 as the privately-held property development and investment arm of the Hong Leong Group. As one of the pioneers of the real estate scene in Singapore, HLHL has since emerged as a major player in the property market, making it one of the most sought-after providers of a comfortable home. To date, it manages 8 commercial projects and has developed close to 100 residential properties, including a range of mid to high-end residential projects in some of the country's most coveted neighbourhoods.
Looking forward, HLHL continues to seek improvement and expansion in its business while maintaining its distinct level in design, sustainability and customer service.
Developer: Carmel Development Pte. Ltd. (UEN. 201811966Z) • Developer’s Licence No.: C1354 • Tenure of Land: Estate in Fee Simple (Freehold) • Encumbrances: Mortgage in favour of United Overseas Bank Limited (as security trustee for United Overseas Bank Limited and Oversea-Chinese Banking Corporation Limited) • Date of Notice of Vacant Possession under the Sale and Purchase Agreement: No later than 1 August 2025 • Expected Date of Legal Completion: No later than 1 August 2028 or 3 years after the date of delivery of Vacant Possession, whichever is the earlier • Lot No. & Location: Lots 933L and 1651K (formerly Lots 1247K PT and 1246A PT) of TS 21 at 8 & 10 River Valley Close, Singapore.