Immerse yourself in the epitome of modern living at AMO Residence, a new 99-year leasehold condominium nestled in the heart of Ang Mo Kio Rise in District 20. Expected to be completed in 2026, this meticulously designed development comprises two blocks, offering a total of 372 units.
Central Location: Ang Mo Kio’s central location, good schools, and amenities make it a sought-after area.
Limited Supply: The dearth of private condo developments in Ang Mo Kio suggests potential pent-up demand, benefiting Amo Residence.
Historical Price Growth: Witnessing the rise in prices for earlier developments in the area indicates potential for appreciation.
Developer Reputation: The developer’s indicative pricing and established developers could contribute to buyer confidence.
Insider Tour: The promise of an Insider Tour suggests transparency and openness from the developer.
High Average PSF: The expected average launch price of $2,100+ psf might be considered high for an OCR development.
Potential Limited Views: Lower-priced units may have less ideal views, such as towards the car park of the nearby BTO at Kebun Baru Edge.
Unique Market Situation: Conflicting effects of high land costs and rising interest rates create a unique market situation, requiring caution.
Overpriced Perception: The indicative pricing of $2,117 psf for 2 bedrooms might be perceived as overpriced for an OCR development.
Price Comparison: Previous peaks in psf prices for nearby developments may pose a challenge in setting a new benchmark.
1. Historical Overview of Ang Mo Kio Condo Developments:
2. Potential Demand for Amo Residence:
3. Personal Observation of Price Trends:
4. Developer’s Pricing Strategy:
Note: Lowest-priced units may have less ideal views.
5. Prediction for Unit Pricing:
6. Comparison with Previous Peaks:
7. Market Caution and Consideration:
8. Excitement for Amo Residence’s Distinctive Features:
The Insider Tour promises insights into what makes Amo Residence stand out.
1. Overview:
Amo Residence is a new development located along Ang Mo Kio Rise, off Ang Mo Kio Avenue 1. Situated on a land plot of 136,479 square feet, the development comprises 372 units, emphasizing a family-oriented living experience. The strategic location, nestled between a unique clover-shaped HDB block and the upcoming Kebun Baru Edge BTO project, positions Amo Residence as an attractive residential option.
2. Development Context:
The condominium’s location is noteworthy, with a promising neighbourhood featuring the Kebun Baru Edge BTO project and Kebun Baru Court. The latter has set a precedent, with 5-room flats selling for over $1 million and 4-room flats exceeding $800k. This suggests positive market potential for Amo Residence.
3. Differentiation and Features:
Amo Residence distinguishes itself by offering exclusive access to Ang Mo Kio Rise for residents, ensuring privacy and convenience. The development stands out with a 1-to-1 car park-to-unit ratio, acknowledging the reliance on cars within the target buyer segment. The inclusion of four Electric Vehicle lots reflects a forward-looking approach and a bicycle park caters to those preferring greener transportation.
4. Design and Facilities:
The entrance boasts an Arrival Court with a tastefully executed water feature, providing a calming first impression. The development features a midsized land plot with impressive facilities, including a full-size tennis court and a 50m lap pool. The arrangement of facilities, although comprehensive, may be subject to personal preferences, such as the placement of the lap pool between the residential towers.
5. North Site Facilities:
The North Site of Amo Residence hosts a 50m lap pool, Kids Splash pool, Recreation Pool, Aqua Therapy Pool, and a Vitality Pool. The outdoor spaces include lawns such as Tranquil Lawn, Yoga Lawn, and Open Lawn, providing ample greenery and play areas for residents.
6. South Site Facilities:
The South Site features amenities such as three function rooms (The Oak Room, The Mahogany Room, and The Forest Room) strategically located for various events. Additionally, the Gourmet Pavilion and Grill Pavilion offer outdoor cooking facilities, enhancing the community and socializing aspects of the development.
7. Additional Amenities:
Ancillary facilities include a Pet’s Scape, Sitting Alcove, Flower Garden, Foot Reflexology, and a ChillOut Pavilion. Landscaping elements like Cascading Streams, Waterwall, and Rustic Woodland add character to the development. The emphasis on providing generous lawn spaces and complying with a 70% landscaping requirement ensures a well-balanced living environment.
In terms of design, Amo Residence opts for a safe and modern aesthetic, catering to the preferences of its target audience. The development includes only three penthouses, offering luxurious spaces with master bedrooms on one side, providing a contrast to regular units.
Unit Details:
Size: 2 Bedroom Premium Type BP1
Area: 69 sqm/743 sq ft
Represents 49% of total units
Dumbbell layout for efficiency
Two Entrance and Foyer:
Slight nook for a full-height shoe rack
Porcelain tiles in common areas, vinyl in bedrooms
Standard ceiling height of 2.79m
Kitchen:
bathrooms for versatility
Can be enclosed, lacks natural ventilation window
5.1 sqm space with glass cutout for connectivity
Brandt appliances: 2 zone induction hob, hood, oven, fridge, washer cum dryer
Franke sink, UOL provided top and bottom kitchen cabinets
Lack of home shelter in 2 Bedroom units
Storage and Amenities:
Designated dining area for 4 seater table
The living room accommodates a 3 seater couch, coffee table, compact TV console
Sizable balcony (5.9 sqm) with potential lifestyle enhancement
Screens are not provided but can be added at an additional cost
Bedrooms and Bathrooms:
Common bedroom (8.8 sqm) with vinyl flooring, built-in wardrobe, and non-full-length windows
Common bathroom (Bath 2) (4.5 sqm) features European brands: Roca, Gessi, Hansgrohe
Master Bedroom (16.7 sqm) accommodates king size bed, builtin wardrobe, full height window
Master Bathroom with wood-inspired shower stall, premium fixtures from Roca and Gessi
Overall Design:
Emphasis on practicality and efficient use of space
Thoughtful storage solutions for an organized living environment
Unit Details:
Type: 3 Bedroom Premium + Study Type CPS1
Size: 106 sqm/1,141 sqft
Generously sized, especially for families
Marble floors for common areas, timber for bedrooms
Ceiling height: 2.79m
Entrance and Foyer:
Foyer area with potential for additional shoe cabinets
Long walkway design for privacy
Kitchen:
Enclosed kitchen (9.1 sqm) with glass cutout window
De Dietrich appliances for premium units
Abundance of storage cabinets and designated yard space
Additional w/c beside the yard
Dining:
Spacious dining area accommodating a 6 seater table comfortably
Glass cutout in the kitchen for enhanced aesthetics
Living Room:
Living room width: 3m
Sufficient space for a 3 seater couch, coffee table, and small TV console
Sizable balcony (6.9 sqm) offering various utility options
Storage:
Inclusion of a home shelter (4 sqm) for storage or alternative use
Bedrooms and Study:
Common Bedrooms 2 and 3 (8.8 sqm each) with timber floors and full-height windows
Common Bathroom 2 (4.4 sqm) with windows for natural ventilation
Study room (4 sqm) with windows and aircon, suitable for work-from-home
Master Bedroom and Bath:
Master Bedroom size: 19.5 sqm
Builtin wardrobe and additional inbuilt accessory panel
Master Bathroom with Gessi rain shower set and orange cabinetry
Natural ventilation provided through a window
Overall Design:
Emphasis on spaciousness and practical family living
Thoughtful layout with designated spaces for various activities
Unit Details:
Type: 4 Bedroom Type D1
Size: 120 sqm/1,292 sqft
Private lift included
Marble floors for common areas, timber floors for bedrooms
Ceiling height: 2.79m
Private Lift Lobby:
Dedicated private lift lobby (4.1 sqm) for exclusivity and convenience
Space for a bench and additional shoe cabinets
Dining Area:
Spacious rectangular dining area with a long mirror for an expanded perception of space
Potential for an 8 seater dining table
Corner space for additional storage console
Kitchen:
Enclosed kitchen (11.6 sqm) with Franke sink and De Dietrich appliances
Limited countertop space, ample cabinets, and condiments rack
The back door leads to the common lift lobby, yard, and home shelter
Living Room:
Living room width: 3.2m, accommodating a large L’Shaped couch
Sizable balcony (7.3 sqm) with potential for various uses
Careful furniture choice to ensure free movement
Storage:
Inclusion of a home shelter (4.1 sqm) for storage or alternative use
Bedrooms:
Four bedrooms with timber floors and full-height windows
Bedroom 4 (8.8 sqm) with a spare/music room setup
Bedroom 3 (8.8 sqm) with a Single bed and options for additional furniture
Bedroom 2 (Junior Master, 16.8 sqm) with ensuite/jack and jill bathroom
Master Bedroom (19.7 sqm) with full-length windows and a small window
Bathrooms:
Common bathroom with a unique layout for efficient use
Quality fixtures and fittings from European brands in all bathrooms
Master Bathroom with a colour scheme of wood-like tiles, brushed metal, beige, black porcelain tiles, and an orange vanity counter
Overall Design:
Balancing practicality and comfort for larger families
Thoughtful layout with a private lift, spacious living areas, and designated storage spaces
Unique bathroom layout for efficient use and convenience
Quality European fixtures and fittings throughout
1. Quiet Environment: AMO Residence is located in a serene and quieter part of Ang Mo Kio, making it ideal for those who prefer a peaceful living environment.
2. Proximity to Parks: The presence of nearby parks such as Bishan-Ang Mo Kio Park, Lower Peirce Reservoir Park, and Windsor Nature Park enhances the appeal for residents seeking a nature-centric lifestyle.
3. Nearby Amenities: Daily necessities and food options are readily available, with supermarkets like Ang Mo Supermarket and Sheng Siong, as well as wet markets and popular eateries like Hong Heng Beef Noodle Soup & Laksa nearby.
4. Educational Institutions: The development is within 1km proximity to renowned primary schools like CHIJ St Nicholas Girls School and Ai Tong School, providing convenience for families with school-going children.
5. Access to Top PreUniversity Institutions: The location is close to prestigious preuniversity institutions like Raffles Institution (RI), Raffles Girls’ School (RGS), and RI (JC).
Proximity to Public Transport:
Mayflower MRT is conveniently located just 500m away via the side gate, providing easy access to transportation.
Bus stations “Aft Ang Mo Kio Ave 2” and “Bef Ang Mo Kio Avenue 2” service various routes, making public transportation readily accessible.
Nearby Schools:
Amo Residence is within a 1km radius of two popular primary schools: CHIJ St Nicholas’ Girls School and Ai Tong School.
Additionally, Ang Mo Kio Primary School is within a 1km radius, offering flexibility in school choices.
Educational Institutions:
The development is close to renowned pre-university institutions such as RI, RGS, and RI (JC), all less than a 10-minute drive away.
These institutions have a track record of producing top scholars and are considered feeder schools to prestigious international universities.
Shopping and Dining:
AMK Hub, the nearest mall, is a 6-minute drive away, offering a wide range of retail and dining options.
Central Location:
Ang Mo Kio is centrally located, with key destinations such as Orchard Road, CBD, and Suntec City all within a 20km radius.
Destination – Distance From Condo – Fastest Time at Peak Hour Drive Time
CBD (Raffles Place) – 14.0km – 18 mins
Orchard Road – 11.6km – 14 mins
Suntec City – 12.1km – 16 mins
Changi Airport – 20.9km – 20 mins
Tuas Port (By 2040) – 43.1km – 45 mins
Paya Lebar Quarters/Airbase – 10.5km – 14 mins
Mediapolis (and surroundings) – 13.4km – 18 mins
Mapletree Business City – 15.4km – 24 mins
Tuas Checkpoint – 32.6km – 30 mins
Woodlands Checkpoint – 15.8km – 16 mins
Jurong Cluster (JCube) – 18.1km – 22 mins
Woodlands Cluster (Causeway Point) – 12.7km – 14 mins
HarbourFront Cluster (Vivo City) – 16.9km – 20 mins
Punggol Cluster (Waterway Point) – 13.9km – 14 mins
Immediate Road Exits:
1 exit onto Ang Mo Kio Avenue 1, connecting residents to the CTE for easy access to the rest of Singapore.
1. UOL Group: A well-established and publicly listed company on the SGX, UOL Group has a long history in property development, investments, and hotel operations. They have a solid reputation with iconic projects dating back to the 1970s, including recent launches like Clavon and Avenue South Residence.
2. Kheng Leong: Founded in 1949, Kheng Leong has evolved into an investment holding company with diverse property interests. Owned by the Wee family, they have engaged in a wide range of developments, from ultra-luxurious projects like Nassim Park Residences to mass-market ones such as The Topiary and Double Bay Residences. Their recent launches include Avenue South Residence and Meyerhouse.
Operating under United Industrial Corporation Limited (UIC), Singapore Land Group Limited specializes in real estate activities, including investment, consultancy, development and management, information technology, and property management. The company, a subsidiary of UIC, is involved in the trading of computers and related products, as well as investments in retail centres and hotels. With a presence in the UK and China, Singapore Land Group is committed to leveraging its strengths to deliver distinctive products and ensure sustainable growth in the real estate industry.
When considering Amo Residence, it’s essential to compare it with neighbouring developments to assess its value proposition. Here’s how it stacks up against similar properties:
Development – Units – Psf – TOP – Tenure – Price Gap
Amo Residence – 372 – $2,100 – 2026 – 99 Years –
The Panorama – 698 – $1,711 – 2017 – 99 Years – 23%
Thomson Grand – 339 – $1,510 – 2015 – 99 Years – 39%
Centro Residences – 329 – $1,567 – 2014 – 99 Years – 34%
Grandeur 8 – 579 – $1,215 – 2005 – 99 Years – 73%
Lattice One – 48 – $1,907 – 2022 – Freehold – 10%
Jadescape – 1,206 – $1,863 – 2022 – 99 Years – 13%
Notes:
Amo Residence is priced at $2,100 psf and is set to TOP in 2026 with a 99-year lease.
The Panorama and Thomson Grand, though similar in age and unblocked views, cost 23% and 39% more, respectively. Thomson Grand’s lower psf might be attributed to larger unit sizes.
Amo Residence’s size similarity to The Panorama, despite being almost a decade apart, makes it competitively priced, especially for units secured at $1,890 psf.
Centro Residences’ strategic location near AMK Hub contributes to its sustained value, while Grandeur 8, 17 years old, faces a 73% price difference.
Comparisons with newer developments like Lattice One and Jadescape show justified price gaps, with Amo Residence balancing size and facilities effectively.
Amo Residence, purchased at $381,381,000, has an estimated breakeven of $1,822 psf after accounting for additional costs.
Bedroom Type – Size – Est. Price – Est. $PSF
2 Bedroom – 614 sqft – $1,260,000 – $2,052
3 Bedroom – 958 sqft – $1,810,000 – $1,889
4 Bedroom – 1292 sqft – $2,480,000 – $1,920
5 Bedroom – 1475 sqft – $2,850,000 – $1,932
Note: Estimated prices for different bedroom types within Amo Residence compared with other new launches within District 20 and the Outside of Central Region (OCR).
Land Location – Ang Mo Kio Avenue 1
Successful Sale Price – $381,381,000
Per Sq Ft Per Plot Ratio – $1,118 psf
Gross Floor Area (GFA) – 31,699 square meters
Adana @ Thomson:
Highest Transacted Selling Price (PSF) for Past 12 Months: $1,840
Completion: 2018
Lattice One:
Highest Transacted Selling Price (PSF) for Past 12 Months: $1,946
Completion: Under Construction
The Panorama:
Highest Transacted Selling Price (PSF) for Past 12 Months: $1,767
Completion: 2017
Thomson Impressions:
Highest Transacted Selling Price (PSF) for Past 12 Months: $1,858
Completion: 2018
Thomson Three:
Highest Transacted Selling Price (PSF) for Past 12 Months: $1,815
Completion: 2016
A) Land Cost: $1,118
B) Construction Cost (estimate): $350
C) Profit Margin + Other Expenses (30% x [A+B]): $440
Estimated Launch Price (SUBJECTED TO CHANGES) (FOR EDUCATIONAL PURPOSES, NOT FINAL SELLING PRICE): $1,908