About Fourth Avenue Site


Fourth Avenue Land Site

Fourth Avenue site has been launched into tender by the Urban Redevelopment Authority (URA) on November 2 last year. It was under the first half of the Government Land Sales (GLS) programme. The site for Fourth Avenue have an approximate land area of about 199,480 square feet and can yield a staggering 445 private residences with a gross floor area (GFA) of about 359,000 square feet.

The tender opens up on a minimum bid of $448.8M that triggers the sale. The site has been obtained by Allgreen properties Limited with a winning bid of $533M.

The site is sitting just across the Sixth Avenue MRT and have been the former site of Royalville condo. With its proximity to numerous amenities and being surrounded with a widespread number of amenities, a lot of leading developers have been aiming to acquire the site.

The site have been released to have a 99-year leasehold tenure.

 

Fourth Avenue Condo Location


Fourth Avenue is located in District 10 of Singapore. This site have been one of the most sought after area on the district as it is within immediate distance from various amenities and modes of public transport. It is the previous of the Royalville Condo which serves an excellent residential place to its previous occupants.

Within a few distance away from the site is the Sixth Avenue MRT which provides great ease of access to the future occupants within a few steps. Alongside these are a number of bus stations that are scattered to ease the travel experience of the surrounding residents.

Also a few blocks away is an array of different business establishments that offers the daily needs of the residents such as food, grocery items, clothing as well as entertainment hubs for their enjoyment. Some of these establishments are Tay Junction, Brazil Churrasco, The Grandstand Mall, Giant Supermarket, Cold Storage and Casuarina Curry.

A few more minutes drive leads to various nature parks, sports complex and educational institutions like Nanyang Girls’ Boarding School, Merlion Sports City, Hwa Chong Institution High School, Namly Park, National Junior College, Raffles Girls’ Primary School, The Rainforest and many more.

Mentioning ease of access, the property is linked by the Bukit Timah Road and Pan Island Expressway (PIE) to mention a few. These routes serves the best not only for commuters but also for vehicle owners in reaching various areas in the country.

With these amenities that are reachable within a few minutes drive, a totally convenient residence will rise above this magnificent location.

Mode of Transport- Sixth Avenue MRT
- Pan Island Expressway (PIE)
- Bukit Timah Road
Nearby Amenities- Hwa Chong Swimming Complex
- Namly Park
- Bukit Timah Nature Reserve
- Turf Club
Nearby Schools- Hwa Chong Institution
- Nanyang Girls High School
- Raffles Girls Primary School
- Nanyang Girls Boarding School
- Nanyang Primary School
- St Margaret Secondary School

About the Developer


Allgreen Properties Limited have been in hiatus for 6 years. One of the first land parcels that it has acquired is the Fourth Avenue site, together with Ewe Boon Road which have been the former sites of Royalville and Crystal Tower respectively.

Its bid on these tenders can be clearly seen as a great comeback for this top developer after a long rest from the industry.

This developer have been known for its admirable portfolio of retail & office, residential, hotel and service apartment properties that include Regency Park, One Devonshire, Eastwood Ville and Holland Residences to mention a few.

It also have received various awards for their commitment in providing high-class developments. For the past years, Allgreen Properties Limited have received consecutive awards like BCA Quality Excellence Award (Developers), Construction Excellence Award, Best Buildable Design Award and Quality Mark Award for its developed properties.

Having an excellent foundation, the future projects from this developer will surely leave an iconic mark to its future occupants. The developer also give a great opportunity for property investors to grow their money with the right and luxurious properties that they offer.

 

Potential of the Site


Fourth Avenue have an excellent number of public transport that surrounds the are. Varying from bus stops to MRT stations, this area have been one of the sought after location by various developers. Within its launch, it have a triggering bid of $448.8M and have various leading developers tried to acquire the site.

The area have a land size of 199,478 square feet which can bring forth a magnificent residential building which will house a fair number of units that will be able to accommodate the residents conveniently. Estimated to yield about 445 modern residential units, with 359,065 square feet maximum gross floor area.

The site have been set into tender with a 99-year leasehold tenure which allows it to serve a remarkable residential service to it future occupants. Business investors have the chance for an excellent time frame for ROI. A breakeven price that is competitive for the property-seekers and investors are on top giving them the right value for their money.

With its desirable location, the future development in this site can trigger a well deserve capital appreciation with an exemplary high rental yield. It is within a distance from major areas such as the Central Business District (CBD) and various major establishments.

A promising ease of access can be achieved via major routes as well as public mode of transport that are within the immediate area of the site.

Fourth Avenue have an excellent number of public transport that surrounds the are. Varying from bus stops to MRT stations, this area have been one of the sought after location by various developers. Within its launch, it have a triggering bid of $448.8M and have various leading developers tried to acquire the site.

The area have a land size of 199,478 square feet which can bring forth a magnificent residential building which will house a fair number of units that will be able to accommodate the residents conveniently. Estimated to yield about 445 modern residential units, with 359,065 square feet maximum gross floor area.

The site have been set into tender with a 99-year leasehold tenure which allows it to serve a remarkable residential service to it future occupants. Business investors have the chance for an excellent time frame for ROI. A breakeven price that is competitive for the property-seekers and investors are on top giving them the right value for their money.

With its desirable location, the future development in this site can trigger a well deserve capital appreciation with an exemplary high rental yield. It is within a distance from major areas such as the Central Business District (CBD) and various major establishments.

A promising ease of access can be achieved via major routes as well as public mode of transport that are within the immediate area of the site.

 

 

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Review of Fourth Avenue New Condo


Fourth Avenue New Condo
Fourth Avenue Land Site

Fourth Avenue site has been launched into tender by the Urban Redevelopment Authority (URA) on November 2 last year. It was under the first half of the Government Land Sales (GLS) programme. The site for Fourth Avenue have an approximate land area of about 199,480 square feet and can yield a staggering 445 private residences with a gross floor area (GFA) of about 359,000 square feet.

Product SKU: Fourth Avenue New Condo

Product Brand: Property Review

Product Currency: SGD

Product Price: 4880000

Product In-Stock: InStock

Editor's Rating:
5