Progressing Your Wealth Thru Real Estate
Asset Progression is a 99 years leasehold development which lies in Fourth Avenue, along Bukit Timah Roadway in district 10 of Singapore, and the very best quality to this plot of land; Sixth Opportunity MRT is best besides the advancement, which makes it really hassle-free for the future locals to commute around.
Sell one buy two Singapore is sited on 2 4th Opportunity, sold under Federal government Land Sale in Dec 2017. This is an unusual piece of land which is so strategically situated and big in size, uncommon to be found in this area.
Fourth Avenue Residences Bukit Timah land lease is only 99 years, and it might look like a drawback, when surrounding properties are generally freehold, however due to its close distance to Sixth Ave MRT Station, it has more than compensate the fact that it is a leasehold home. Close distance to MRT brings along significant convenience to locals in the Fourth Avenue Residences, and it will definitely appeals to both people and investors who are planning to make this job their house.
This plot of land was bought by Allgreen Residence 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 flooring area of 358,932 sqft, can be developed into a 450 unit advancement, a really sizable scale considered that this area consists generally of landed houses and little apartment advancement.
Analyst from Cushman & Wakefield expects the Fourth Avenue Residences rate (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 revenue margin is 10% of the gross advancement worth.
Upgrade to condo provides a very good opportunity for both purchasers and investors who are looking to purchase it as their home stay. In brief, Fourth Avenue Residences location (Fourth Avenue Residences condo location) is extremely main that it allows you to travel to any parts of Singapore in a short while. Fourth Avenue Residences sit in a peaceful and high end estate centrally located that is unparalleled HDB upgraders (Fourth Avenue Residences Condo )Floor Plan will mainly likely include 1 to 5 bedroom system to deal with households of various market and we can be sure that Fourth Avenue Residences layout will be effective.