Allgreen Properties had its third site after buying the Fourth Avenue site for 553 million dollars. Fourth Avenue is in district 10, Singapore. The other closest bid was 10 million dollars and was submitted by Bukit Sembawang. The minimum bid for Fourth Avenue Residences had been placed at 448.8 million dollars. The price at which Allgreen Properties bought the Fourth Avenue site was however 21 percent less than what was paid for Royalville. The strategic location of Fourth Avenue will play an important role in offsetting leasehold status.
Allgreen Properties Fourth Avenue Residences
Fourth Avenue Residences is among the first sites that Allgreen properties have acquired. They are famous for building the best properties from residential, hotel, office and retail. Some of their properties include Eastwood Ville, Holland Residences, and Regency Park. Their quality developments have seen them receive several awards like the Quality Mark Award, Construction Excellence Award, and the BCA Quality Excellence Award. Having done a magnificent job with other sites, there is no doubt that it will make the best out of the Fourth Avenue site.
Fourth Avenue Residences Sixth Avenue MRT Station
Fourth Avenue Residences Singapore will be easily accessible to its residents by the various modes of transport that are located near the site. The Sixth Avenue MRT Station is located near the site. The site is also close to the Pan Island Expressway and the Bukit Timah Road. The routes will not only serve people using public transport but also people with personal cars who need to travel. Fourth Avenue is also near popular educational institutions and residents can be guaranteed of quality education for their children. Such schools include National Junior College, Nanyang Girls’ High School, and Raffles Girls’ Primary School. Within proximity of the Fourth Avenue are also leisure spots such as parks and sports complexes. Merlion Sports city, Namly Park and the Hwa Chong swimming complex are near the site.
Fourth Avenue Food and Entertainment Outlets
Food is a basic need and before choosing where to reside most people would love to know where to shop for foodstuff and where the grocery stores are located near to Fourth Avenue Residences by Allgreen Properties. In Fourth Avenue, there are business premises that will cater to these needs of the future occupants. They include the Giant supermarket Grandstand mall and Tay junction. At these establishments, residents can shop for household items such as clothes, food, and cosmetics among others. The joints also have entertainment spots where people can enjoy themselves over the weekend with friends and family. With the availability of social amenities and the ease of transport, residents are assured of the best lifestyle in Fourth Avenue.