{"id":102682,"date":"2019-01-04T13:40:10","date_gmt":"2019-01-04T06:40:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/allgreen-properties-to-launch-first-major-project-of-2019\/"},"modified":"2019-01-04T14:05:18","modified_gmt":"2019-01-04T07:05:18","slug":"allgreen-properties-to-launch-first-major-project-of-2019","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/allgreen-properties-to-launch-first-major-project-of-2019\/","title":{"rendered":"Allgreen Properties to launch first major project of 2019"},"content":{"rendered":"


\nArtist\u2019s impression of Fourth Avenue Residences and the surrounding GCB area. (Photo: Allgreen Properties)
\nOn Saturday (5 Jan), developer Allgreen Properties is set to preview Fourth Avenue Residences, an ultra-luxury condominium in prime District 10 that is slated to be the first major project launch in 2019.
\nSituated within a Good Class Bungalow (GCB) area in the heart of Bukit Timah, the 99-year leasehold development will be linked to the adjacent Sixth Avenue MRT station via a covered linkway.
\nAside from being close to The Grandstand mall, the project is also within proximity to several established schools such as Nanyang Primary School, Hwa Chong Institution and National Junior College.
\nFourth Avenue Residences will comprise 476 residential units spread across nine low-rise blocks. Buyers can choose from six different types of layouts ranging from one-bedroom to 4-bedroom + study units from 474 sq ft to 1,496 sq ft.
\nMany of the buyers are expected to be existing residents of Bukit Timah as well as wealthy millennials, with indicative prices ranging from about $1.05 million to $3.38 million.
\nEstimate your maximum property affordability with our\u00a0Affordability Calculator
\nAround 68 percent of the units are one- and two-bedders in a bid to tap on the demand for smaller homes, following the government\u2019s restriction on the number of shoebox units that can be developed outside the Central Region.
\nFourth Avenue Residences will also feature many facilities. These include a Sky Pavilion where residents can view the surrounding GCB area and Bukit Timah Hill, a 50m lap pool, kids\u2019 pool, Jacuzzi pod, water court and tennis court. There will also be several green features like a grand lawn, a floating garden and a Bosque garden.
\nAllgreen Properties clinched the 199,479 sq ft site in December 2017 after submitting the highest bid of $552.96 million, which works out to about $1,540 psf based on its gross floor area of 359,062.5 sq ft.
\nFourth Avenue Residences is expected to be completed by end-2022. It is being marketed by Knight Frank, Huttons Asia and ERA Realty.
\nMeanwhile, Allgreen Properties has two other upcoming projects in the Bukit Timah area. These are located on the freehold sites of Royalville and Crystal Tower, which were both acquired via en bloc sale for $477.94 million ($1,960 psf ppr) and $180.65 million ($1,840 psf ppr) respectively in December 2017.
\nRead our\u00a0Step-by-Step Guide\u00a0to buying a condo
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Allgreen Properties to launch first major project of 2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Artist\u2019s impression of Fourth Avenue Residences and the surrounding GCB area. (Photo: Allgreen Properties) On...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-102682","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qIa","jetpack-related-posts":[{"id":103270,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/slow-start-for-new-project-launches-in-2019\/","url_meta":{"origin":102682,"position":0},"title":"Slow start for new project launches in 2019","date":"January 24, 2019","format":false,"excerpt":"\r Artist\u2019s impression of Fourth Avenue Residences in Bukit Timah. (Photo: Allgreen Properties) Three private residential projects were launched for sale last weekend \u2013 among the first for the year. But out of the combined 687 apartments, only 103 units were sold, translating to a low overall take-up rate of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120539,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/allgreen-kerry-joint-ventures-secure-861-75mil-green-loan-for-pasir-ris-8\/","url_meta":{"origin":102682,"position":1},"title":"Allgreen-Kerry joint ventures secure $861.75mil green loan for Pasir Ris 8","date":"July 8, 2021","format":false,"excerpt":"\r Allgreen-Kerry joint ventures secure $861.75mil green loan for Pasir Ris 8Artist\u2019s impression of Pasir Ris 8.\u00a0Photo: Allgreen Properties Ltd. Two of Allgreen Properties and Kerry Properties\u2019 70:30 joint ventures (JVs) \u2013 Phoenix Residential and Phoenix Commercial \u2013 have obtained an $861.75 million green loan from Maybank, OCBC Bank and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/07\/pasir-ris-8-artist-impression.jpeg?fit=820%2C405&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":120584,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jalan-anak-bukit-site-attracts-five-bids\/","url_meta":{"origin":102682,"position":2},"title":"Jalan Anak Bukit site attracts five bids","date":"June 30, 2021","format":false,"excerpt":"\r Jalan Anak Bukit site attracts five bidsThe five bids were from Far East Organization and Sino Group (three separate bids); Allgreen Properties (one bid); and a joint venture between Wing Tai Holdings and Perpetual (Asia) (one bid). The tender for a commercial and residential site at Jalan Anak Bukit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/06\/jalan-anak-bukit-gls-2020-crop.png?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":73812,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ura-closed-tender-for-jiak-kim-street-and-fourth-avenue-sites\/","url_meta":{"origin":102682,"position":3},"title":"URA closed tender for Jiak Kim Street and Fourth Avenue sites","date":"December 6, 2017","format":false,"excerpt":"\r View of the land parcel at Jiak Kim Street. (Photo: URA Map) Two residential plots in Jiak Kim Street and Fourth Avenue attracted a total of 17 bids with the combined top bid amounting to nearly $1.51 billion, after the Urban Redevelopment Authority (URA) closed the tender for both\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":85060,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/great-world-city-to-undergo-major-revamp\/","url_meta":{"origin":102682,"position":4},"title":"Great World City to undergo major revamp","date":"April 12, 2018","format":false,"excerpt":"\r Artist\u2019s impression of the revamped\u00a0fa\u00e7ade of Great World City. The Great World City mall at 1 Kim Seng Promenade in River Valley is set to undergo a major renovation in mid-April, announced its owner Allgreen Properties on Tuesday (10 Apr). 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