Property Wealth Accumulation
Asset progression condo is a 99 years leasehold development which lies in 4th Opportunity, along Bukit Timah Road in district 10 of Singapore, and the very best attribute to this plot of land; Sixth Opportunity MRT is best besides the advancement, makings it very convenient for the future homeowners to commute around.
HDB upgraders Singapore is sited on 2 4th Avenue, offered under 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 found in this location.
Fourth Avenue Residences Bukit Timah land lease is just 99 years, and it might appear like a drawback, when surrounding properties are primarily freehold, however due to its close proximity to Sixth Ave MRT Station, it has more than compensate the truth that it is a leasehold residential or commercial property. Close distance to MRT brings along significant convenience to residents in the Fourth Avenue Residences, and it will definitely appeals to both investors and people who are wanting to make this task their house.
This plot of land was bought by Allgreen Characteristic Ltd for $533m, and with a land size of 199,481 sqft and a plot ratio of 1.8, the site reflects a land rate of $1,540 psf ppr.
This site, with a gross flooring area of 358,932 sqft, can be constructed into a 450 system advancement, a very large scale considered that this location consists generally of landed houses and little apartment development.
Expert from Cushman & Wakefield expects the Fourth Avenue Residences cost (Fourth Avenue Residences condo psf or Fourth Avenue Residences condo prices) to be about $2,250 averagely when it starts selling in second half of 2018, and this is presuming that the designer’s profit margin is 10% of the gross advancement worth.
Sell one buy two provides a really excellent chance for both investors and purchasers who are looking to purchase it as their home stay. In brief, Fourth Avenue Residences location (Fourth Avenue Residences condo location) is exceptionally central that it enables you to travel to any parts of Singapore in a brief while. Fourth Avenue Residences sit in a high end and serene estate centrally located that is unparalleled with a MRT connection that is underground and that by itself will be attractive to lots of buyers to be.
Upgrade to condo Floor Plan (Fourth Avenue Residences Condo )Floor Plan will mainly likely include 1 to 5 bed room system to accommodate households of different market and we can be sure that Fourth Avenue Residences layout will be effective.