UOL Group has reported that buyers of Avenue South Residence mostly comprised of Singaporeans, with a minority of the contributors comprising of foreigners and investors. A huge potential upside along with strong product amenities were the main reason why 26% of the 1,074 units were sold on the first day of the launch. Due to the overwhelming response, the developer has decided to release another 200 units with superb waterfront views of southern Singapore.
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