As rents are projected to increase in 2020 because of the supply of new and completed private residential units dropping to 5,122 (70% lesser than the yearly average of 17,055 units over the last 5 years), condominiums like The Avenir are the focus for investors due to the stability of Freehold units and the good location of the development, being near to Orchard Road and next to River Valley Primary School.
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