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Avenue South Residences is obtained from the tender sale from GLS (Government Land Sales) by a consortium of Kheng Leong Co, UOL Venture Investments and UIC Homes. It was tendered for a price tag of $1.04b for the land size of 245,975sqft. The price per square feet per plot ratio is derived at SGD$1,138.
Parc Esta is in the (RCR) Rest of Central Region and the cost of purchasing the land is at $909 per sqf per plot ratio. Given its excellent position with the entry price from $1,5xxpsf, it is not expensive.