A lot of chatter and excitement over the upcoming Fourth avenue residences located in Bukit Timah Road, along six avenue MRT station, District 10. Expected to cover a site area of 199,406sqft with a total floor area gross, of 358,932sqft, this project is expected to produce approximately 450 units. However, with so many people are scrambling for a piece of it one may wonder if it’s really worth investing in?
Fourth Avenue Residences Private Housing Area
Ideally one of the major concerns of an area when investing in Fourth Avenue Residences Condo is the security of an area. Needless to say however this will not be a concern as the Fourth Avenue residences is located in a Suburban area in Singapore. The Bukit Timah region boosts for having the highest number of private housing and several condos and seen as an area for the relatively wealthy. Security is enhanced further by the closeness it has with schools such as Law faculty of National University of Singapore, Singapore Management University and Singapore Bible College.
Fourth Avenue Residences Bukit Timah Nature Reserve
Persons who invest in the housing project at the Fourth Avenue residences will have at their disposal the Bukit Timah Nature reserve. This picture perfect area is ideally just a high hill that was converted to a nature reserve for the preservation of wildlife. A part from the beautiful evergreen scenery, it offers exquisite activities for residents and tourists rock climbing and hiking, horseback riding. A few meters away from it is another attraction site in the form of the Botanic Gardens. It simply cannot get more beautiful than these as virtually thousands of plant species thrive in 3 gardens in a 74 hectares area that has been lauded and recorded as a UNESCO world heritage site. The development is by Allgreen Properties.
Fourth Avenue Residences Leasehold Development
The Fourth Avenue residence is offered under the leasehold type of property ownership in regards to the location of houses to be developed. This land was acquired under the rules and regulations of the government for a price of $553 million. The project under Fourth Avenue residences will be supervised through the Leo Property management Pte Limited a solely owned subsidiary.
When looking for a place to invest in in Singapore, there whole process can be daunting. Ideally you need someone who has a good track record. The housing at Fourth avenue residences is developed by the All Green Properties Limited in Singapore. Started in 1991 under the name Kuok group real estate, this group has a track record of producing high quality housing and is rated top in the number of project takes ups in the region. With up to 35 subsidiaries, up to 13 related companies. Spreading its wing and catering for real estate needs of the people of Singapore inclusive of residential, serviced apartments, retail, office space and hotels. With this group you can be assured of the quality of the housing developed at Fourth avenue residences.