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Asset Progression condo is a 99 years leasehold advancement which is situated in Fourth Opportunity, along Bukit Timah Roadway in district 10 of Singapore, and the very best quality to this plot of land; Sixth Opportunity MRT is right besides the advancement, which makes it very convenient for the future locals to commute around.
HDB upgraders Singapore is sited on 2 4th Opportunity, offered under Federal government Land Sale in Dec 2017. This is a rare piece of land which is so tactically situated and huge in size, unusual to be discovered in this area.
Fourth Avenue Residences Bukit Timah land lease is only 99 years, and it may appear like a downside, when surrounding properties are primarily freehold, however due to its close proximity to Sixth Ave MRT Station, it has more than compensate the fact that it is a leasehold home. Close proximity to MRT brings along significant benefit to residents in the Fourth Avenue Residences, and it will definitely appeals to both investors and people who are planning to make this job their home.
This plot of land was purchased by Allgreen Properties Ltd for $533m, and with a land size of 199,481 sqft and a plot ratio of 1.8, the site shows a land rate of $1,540 psf ppr.
This site, with a gross floor location of 358,932 sqft, can be built into a 450 unit advancement, an extremely large scale provided that this area consists primarily of landed houses and little condominium development.
Expert from Cushman & Wakefield anticipates the upgrade to condo cost (Fourth Avenue Residences condo psf or Fourth Avenue Residences condo prices) to be about $2,250 averagely when it starts selling in 2nd half of 2018, and this is assuming that the developer’s profit margin is 10% of the gross development worth.
Sell one buy two presents an excellent chance for both purchasers and investors who are wanting to purchase it as their home stay. This task is so well located in a high end estate and it is situated simply besides Sixth Ave MRT Station (Downtown Line). The train is linked to Circle Line 2 stops away, and it benefits homeowners who are working in the growing office and start-up clusters from One North all the way to Habour Front Station. It also caters exceptionally well for individuals operating in Orchard, Raffles CBD as well as Paya Lebar/Tai Seng workplace clusters. Simply put, Fourth Avenue Residences location (Fourth Avenue Residences condo location) is very central that it enables you to travel to any parts of Singapore in an instant. Fourth Avenue Residences sit in a tranquil and high end estate centrally located that is unparalleled with a MRT connection that is underground and that by itself will be appealing to lots of buyers to be.
Fourth Avenue Residences Floor Plan (Fourth Avenue Residences Condo )Floor Plan will mostly most likely include 1 to 5 bedroom system to cater to families of various group and we can be sure that Fourth Avenue Residences layout will be effective.