Singapore Property | Allgreen Properties, a reputable property developer in Singapore, is planning to preview a high-end condo called Fourth Avenue Residences in District 10. This ultra-luxury development will be the first main project launched in 2019.
Conveniently located in a Good Class Bungalow (GCB) neighborhood in the middle of Bukit Timah, the condominium will be connected to the nearby Sixth Avenue MRT station through an enclosed link way.
Other than its close proximity to The Grandstand Mall, the condo is near a coupled of recognized learning centers like Nanyang Primary School, National Junior College, and Hwa Chong Institution.
The new development will consist of 476 private residencies distributed throughout nine low-rise stories. It will feature six distinct layouts of between one-bedroom and 4-bedroom together with study units. Their size will be between 474 sq. ft. and 1,496 sq. ft. Floor plans can be found here.
Fourth Avenue Residences will most likely attract current Bukit Timah dwellers and wealthy millennials. The asking prices will be between $1.05 million and $3.38 million.
Majority of the units will be one and two bedrooms (68 percent), a move aimed at meeting the ever-growing demand for smaller residences. Furthermore, this move is in line with government’s limit on the number of small-size apartments that can be built beyond the boundaries of the Central Region.
The new residential development will consist of numerous facilities. They will range from a Sky Pavilion to give occupants a spectacular view of the GCB neighborhood and Bukit Timah Hill, a Jacuzzi pod, spacious swimming pool, a children’s pool, tennis court, to water court. Thanks to the grand lawn, Bosque garden, and floating garden, the Fourth Avenue Residences will have beautiful outdoors.
In December 2017, Allgreen Properties parted with $552.99 million in the acquisition of the 199,479 sq. ft. plot, which translates to approximately $1,540 psf going by its GFA of 359,062.5 sq. ft.
ERA Realty, Huttons Asia, and Knight Frank are behind the marketing of the new condominium, which is set to be complete by 2022. To view Fourth Avenue Residences showflat, please dial 61001778 for an appointment now.
Allgreen Properties will be launching two other new developments in the Bukit Timah area. These are located on the freehold sites of Royalville (Bukit Timah Collection) and Crystal Tower (Juniper Hill), which were both acquired through a collective sale for $477.94 million as well as $180.65 million late last year.