Fourth Avenue Residences New Development at Six Avenue MRT Station
Fourth Avenue Residences is a new development located right in the heart of Bukit Timah Road at Sixth Avenue MRT Station. The site was available for sale under the Government Land Sales Programme and this is Allgreen Properties 3rd successful bid in the Bukit Timah Road area. The site is located in the heart of upscale residential area Bukit Timah and is home to many prestigious academic institutions as well as schools are around the area. The convenience of Sixth Avenue MRT Station brings in more value for Fourth Avenue Residences in this highly sought after development.
The Fourth Avenue was successfully bought by Allgreen Properties developer after winning the bid worth $553M in a less competitive nature since they were fewer. The Avenue is located along the Bukit-Tiomah road. However, the Fourth Avenue bidding didn’t meet the expectations because of the nearby en block selling Royalville site.
Collective Sale for Bukit Timah Development
According to the research carried out by the DBS equity research, the price fallen by 21% from the general collective sale of the Royalville, which is found just less than 1km away and they are playing all. The developer had previously placed some sort of bullish bids for Royalville at about $1960, which has so far skyrocketed the expectations of land bidding for this piece of land with the succsse. This resulted to fewer bidders than the higher number that was previously expected to see many investors coming in to bid.
Bullish Bids Received for Fourth Avenue Residences
Derek Tan, the DBS analyst said, regardless of what, the only seven bidders who confidently bidded are still getting respect since that the Royalville site price could have blocked some developers from bidding. The new development site will have to be sold with approximate of $2,250 psf, which one should take bold action and purchase before they are all bought by aggressive investors, while we assume that the developer’s profit is at least 10% of the total gross development value. Although most of the projects around this area are freehold status, the Fourth Avenue location is pretty and much good enough to offset the status of leasehold.
Bukit Timah Residential Estate Near to Fourth Avenue Residences
Bukit Timah is a residential estate and planning area located in Singapore’s central region. Often abbreviated as Bt Timah, this district consists of seven sub-zones namely Farrer Court, Swiss Club, Leedon Park, Ulu Pandan, Hillcrest, Holland Road and Coronation. Bukit Timah is known to have one of the highest number of private housing more than any other planning area in Singapore. In fact, it is a residential area for the wealthy comprising of several condominiums as well as landed property.
Bukit Timah Estate History and Development
Fourth Avenue Residences near to Bukit Timah is named after Singapore’s highest point which is a hill that was densely populated by tigers and covered in jungle and was viewed as a natural sanatorium since the air was cooler and fresher here. Bukit Timah Began developing in 1845 and is also the area in which the Japanese conquered Singapore during the second World War in 1942. The British lost this region to the Japanese and it was surrendered to Lieutenant-General Tomoyuki Yamashita at Bukit Timah’s Ford Factory.
House Prices of Bukit Timah Residential Estate
Houses in this region near to Fourth Avenue Residences by Allgreen Properties tend to be far more expensive compared to other nearby places. Adam Park and Pandan Valley Condominium are some of the condominiums found in this area. You will also find many of the country’s top-ranked schools in Bukit Timah that include private, public as well as international schools. Bukit Timah is also home to several institutions of higher learning such as the Law Faculty of the National University of Singapore as well as the Singapore Management University. You will also find private institutions such as the Singapore Bible College.
Best Places to Live in Bukit Timah Nature Reserve
Some of the best places to visit and relax while in Fourth Avenue Residences Bukit Timah include the Bukit Timah Nature Reserve which is actually Singapore’s highest hill that was converted into a nature reserve. The main purpose of this nature reserve was to preserve the wildlife in Singapore but it is also an excellent recreation site where both visitors and locals can climb up the hill or walk along the breathtaking nature trail. Horse-lovers can enjoy their time at Bukit Timah Saddle club where they can pursue their passion for horseback riding. The Botanic Gardens of Singapore offer an excellent opportunity to sample a collection of thousands of plant species. You can also watch several concerts held in the Gardens. The luxurious Raffles Town Club in Bukit Timah offers a grand ballroom, pubs and a pool.
Natural Attractions at Bukit Timah
There is a number of attractions in the region other than its lavish and luxuries housing townships as it is the region which is very close to nature so it offers some of the very pleasant experiences of nature through the means like:
• Bukit Timah Nature Reserve -This nature reserve traverses the greater part of Bukit Timah, the slope that gives its name to the encompassing region. It is also one of the most exceptional and valuable natural reserves of the Asian continent.
• Singapore Botanic Gardens -The Singapore Botanic Gardens are a standout amongst the most mainstream spots for visitors to the nation. This 74 hectare cultivate is one of the main three gardens on the planet to be recorded as a UNESCO World Heritage Site.
Few of the other sites around the region include National Orchid Garden, Tree Top Walk, Bukit Timah Saddle Club, Raffles Town Club and many other amazing shopping, businesses and entertainment sites.
Allgreen Properties Developer for Fourth Avenue Residences
Allgreen properties limited is found in Singapore, its real name is the Kuok group real estate. This company was listed on the Singapore’s stock exchange in may 1999 while owned by mainly the Kuok group. Today all green is one of the significant property groups in the country of Singapore with a high reputation for its quality products and a strong record of tracking the take-up rate for its projects.
This company has 35 subsidiaries and other 13 related companies. Even if all green started its operations in the year 1986, The history and its track record related to business could be drawn from the time when it began as a division of Kuok group in the 1980s.
Residential and Retail Properties Portfolio by Allgreen Properties
Allgreen Properties limited has a diversified collection of properties made up of residential, retail and office space, serviced apartments and a hotel. Its portfolio of development properties comprises of a mix of condominium, terrace and semi-detached units. The properties are in freehold and 99 years tenancy. This company buys land and participates in land tenders following the rules and regulations of the government.
Allgreen has also entered into a different joint project to participate in the development of Shanghai, Tianjin, Chengdu Qinhuangdao, Shenyang, and Tangshan in the people’s republic of China. It comprises of some mixed residential events, commercial, offices, serviced apartments and hotels.
In line with the strategies which is to expand regionally, also it has acquired a significant site in district 2, Ho Chi Minh City, Vietnam for development of projects and a condominium and a different location in the city of Vung Tau.
Properties to Cater to Different Buyers by Allgreen Properties
Allgreen properties limited has a balanced quality for the portfolio of commercial and commercial properties catering to the broad range of homebuyer’s necessities and funds including Fourth Avenue Residences at Six Avenue MRT Station. It is also engaged in project supervision through its solely owned subsidiary (PLM)Leo property management Pte Limited. The investment property range consists of the great world city, Tanglin Mall and Tanglin place.
Office Towers by Allgreen Properties
The flagship of the wholly owned top world city is among Singapore’s significant combined property development at approximately 1.06M sq. Feet. This property portfolio also encompasses two 18 storey offices towers which are linked by a four storey platform, a 3-story retail mall containing three basements and 304 departments of services. The serviced rooms and office space equally attain high occupancy levels and have shown high-profit growth rate due to their primary location and appropriate facilities.
Besides Fourth Avenue Residences, Tanglin place and Mall are possessed through a 55.4% stake in Cascaden properties limited. Cascaden limited owns a hotel called Jen Tanglin in Singapore. Anglin mall is a shopping complex which is three storey with four basements of averagely 146000 sq. Feet found in prime district 10, while Tanglin place is commercial complex which is four storey of 34000sq. Feet, Lettable area, all of which are situated near bustling orchard road. The property investment and hotel range offers a stable source of recurrent income and reinforces Allgreen properties earnings base.
Allgreen Properties Commitment to Consumer Excellence
Allgreen Properties’ commitment to giving the best quality to its customers has made it receive several accolades in the real estate sector. The awards include the Construction Excellence Award, Quality Mark Award, and the BCA Quality Excellence Award among others. Future occupants can always be guaranteed the best quality from Allgreen Properties given the excellent jobs it has done in its past projects. Investors can also count on Allgreen Properties to get returns since it delivers the best. With the completed projects that Allgreen Properties has in the real estate market in Singapore, there is no doubt it is among the best real estate groups.
Amenities Around Fourth Avenue Residences
Fourth Avenue Residences represents an iconic and convenient place for many shoppers nearby with choices of food and shopping centres readily available for the residents.
Shopping Centres Nearby Fourth Avenue Residences
Shopping Centres are conveniently located near to Fourth Avenue Residences as it is located next to Six Avenue MRT Station on the Downtown Line. Please see more information with regards to the shopping centres located near to Fourth Avenue Residences at Bukit Timah.
Bukit Timah Plaza Shopping Centre
This is an amazing plaza full of good vibe and amazing stores near to Allgreen Fourth Avenue Residences. You can purchase a lot of good things here and you will feel very happy in the middle of this glamour and class. Yes, this is true and Bukit Timah Plaza can make you happy right away. You can find almost anything you want here from dinning shops to service stores. Yes, you can even find educational materials and much more at Bukit Timah Plaza, and you should visit this plaza right away. Bukit Timah Plaza is truly here to stay for a long time and you will love it.
You can easily search for the information you need if you wish to. The plaza is open to the public from 10:00 a.m. to 10:00 p.m. which is truly awesome. You can even call Bukit Timah Plaza if you want to if you need more information about them. You can go to the website an explore the store directory, and you will manage to find almost anything you want right here right now. Therefore, head to Bukit Timah Plaza today so you can truly purchase what you need right now.
Beauty World Centre Shopping Centre
Beauty World Centre will allow you to find all the eateries that you love such as the famous Joo Mak restaurant. Yes, you can find this type of business here and then some, and you will love what you will find right here right now. Beauty World Centre is near many banks and other useful entities and this makes Beauty World Centre a great place to visit. You will also find out that many schools are near Beauty World Centre such as the Pai Hwa one, and many others. International schools are also near Beauty World Centre, so you will not have to drive too much to find something good close to Beauty World Centre today.
You can also easily contact Beauty World Centre if you want to, and that is another important convenience that this plaza offers. You will find a lot of different businesses here including employment agencies and music schools. You will also find beauty centers and tuition businesses. Yes, Beauty World Centre seems to have it all and you will have a blast right here right now. The level two is full of amazing stores including tailors and businesses like that. Level 3 has a wedding store and a sound hearing business too.
Schools Located Nearby Fourth Avenue Residences
The Fourth Avenue site is found next to Sixth Avenue MRT-station and is surrounded by the best several schools such as Hwa Chong College, Raffles girls as well as Nanyang primary schools thus guaranteeing your children quality education and shape them to be useful people in community in future. Other schools around the area include Hwa Chong International School, Methodist Girls School(Primary), Nanyang Girls’ High School, EtonHouse Zhong Hua Pre-School, Nanyang Girls’ Boarding School, Nanyang Primary School, Sherwood Kindergarten & Nursery School. There are also international schools such as Swiss School in Singapore, Nexus, Hollandse School, Hwa Chong Institution Boarding School, Hwa Chong International School, Dover Court International School. Living close to schools means that there is lesser time needed to travel to and fro the school and hence your kids can spend more time at home on studying. There is no need for the parents to spend more time fetching their children to and from school.
Hwa Chong Institution
The Hwa Chong Institution is an independent Chinese-based institution that is located in Singapore and offers secondary as well as pre-university education. It is among the famous national junior colleges in Singapore. This institution operates under SAP, a Special Assistance Plan for bilingualism. It offers both integrated program and School-based Gifted Education program. This school’s performance is excellent, and it has managed to take students to the University of Cambridge as well as Oxford University. Hwa Chong Institution is located just minutes away from Fourth Avenue Residences.
History of Hwa Chong Institution includes a merger of two previously affiliated schools which are the Hwa Chong Junior College and The Chinese High School. On January 1st, 2005, these two schools merged to form the Hwa Chong Institution with an objective to offer the Integrated Programme that lasts six years.
Students who pass the Integrated Programme are allowed to sit for an advanced level examination called Singapore-Cambridge GCE exam. This is an examination that any student from any national junior college in Singapore sits for. In spite of the fusion, the high school is still a boys-only institution. However, the college section is a co-educational institution that accepts students from Nanyang Girls under the IP programme.
The Chinese High School
This high school was founded in 1919 by a person called Tan Kah Kee located near to Bukit Timah Fourth Avenue Residences. It was the first Higher Education Chinese School all over Southern Asia at that time, having enrolled only 78 pupils. It accepted groups from overseas, and after six years, the school relocated to the Bukit Timah Campus.
Tan Kah Kee continued supporting, and shortly before the World War Two, Tan stopped funding the school. His son-in-law, Lee Kong Chian took over in 1934 and rose to chairman of the school board, a post he held until 1955. This school remained independent until the year 2004.
Hwa Chong Junior College
This college was founded in the year 1974 at Bukit Timah, a campus that was owned by The Chinese High School. This institution was established as an independent institution to offer pre-university education. This pre-university education, however, came under the Chinese High School management.
This institution was the first junior college to receive funding from the government. Its name was created by abbreviating the name of the Chinese High school to show their relationship. In the early 1980s, this junior college moved from the Bukit Timah near to Fourth Avenue Residences Allgreen Properties campus due to structural problems of the buildings. Renovation of the campus was finished in the year 1992, but lessons were re-started in 1993. This college has been independent since 1974 to 2004.
Fourth Avenue Residences Near to Country Clubs
Fourth Avenue Residences also is located near to the prestigious Bukit Timah area where affluent individuals gather together for social networking events. There are many clubs nearby that is able to host such high socialite events such as country clubs located around the area. These clubs include Hollandse Club, The Singapore Island Country Club, Temasek Club, The British Club, Raffles Town Club and Swiss Club Singapore that is located just minutes drive away from the development. The clubs also have exclusive facilities such as meeting rooms as well as conference rooms that will be the ideal place for networking in this selected group
Fourth Avenue Residences Showflat Layout and Pricing
Fourth Avenue Residences Showflat will be available for viewing soon. The showflat will have many different layouts available for your consideration. There is a 2 Bedroom layout as well as other layouts there buyers can view first to see if they layout is suitable for their family. The layout will have an illustration on where to put the furniture as well as the TV so that buyers can visualize what is need should they buy a unit at Fourth Avenue Residences. There is also a 3 Bedroom showflat for buyers who are looking for a bigger layout. This is because many of the buyers who are buying the development is primarily for own stay and hence they may need a bigger layout for own stay as they might have a family.
4th Avenue Residences Near to 6th Avenue MRT Station
Recently, there is an increase in stamp duties for second property owners and this has caused some buyers to reevaluate their purchase options. For example, freehold properties are now very expensive and therefore leasehold properties are now getting popular as there is a lower capital outlay. There stamp duty has increased from 7% to 12% making property purchase with a lower quantum a much more attractive investment option. In particular, properties which are located in a prime district as well as near public transport options are getting popular and 4th Avenue Residences fits this criteria as it is located at Bukit Timah and next to 6th Avenue MRT Station.
Facilities at Fourth Avenue Residences
Fourth Avenue Residences has full and unique facilities, which includes a guard house, clubhouse, function room, indoor gym, tennis court, 50m swimming pool, sun deck, BBQ pits & children’s playground. The condo’s facilities provide full family entertainment needs for your family and loved ones. Indulge in a serene and tranquil lifestyle right in the heart of Bukit Timah.
Fourth Avenue Residences sites on a prime piece of residential land which represents a timely investment for Allgreen Properties who is looking to replenish its land banks. The competitive bids submitted for the plot of land also indicated that buyers are upbeat about residential sites around the area.
MRT Station at Fourth Avenue Residences
Fourth Avenue Residences will be accessible with Sixteen Avenue MRT Station on the Downtown Line. Also, for owners who are taking buses, there are several buses available along Bukit Timah Road and Dunearn Road. For owners who are traveling to the city, Fourth Avenue Residences is located right next to Pan Island Expressway.
Fourth Avenue Residences is also near elite schools such as Nanyang Girl’s High School, National Junior College and Hwa Chong Institution.
Lifestyle at Fourth Avenue Residences Condo
A wonderful and unique lifestyle awaits you at Fourth Avenue Residences right in the heart of Bukit Timah and Sixth Avenue. Please see Fourth Avenue Residences site plan and floor plans for more information.