70 units at Fourth Avenue Residences sold on the first weekend of launch. This represents 42% of the 168 units released in Phase 1 of the residential condominium located off Bukit Timah Road in prime District 10. The average price achieved for units sold was $2,375 psf, after a 5% + 3% early bird discount.
“The project has strong location attributes, and great growth potential and demand.” Fourth Avenue Residences is located next to the Sixth Avenue MRT station on the Downtown Line and it is “the only project with a direct covered linkway to the MRT station”, points out Allgreen.
The average price of $2,375 psf represents “a new price benchmark for non-landed homes in the prime Bukit Timah locale”, says Alice Tan, director of residential project marketing at Knight Frank.
– January 20, 2019
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