SINGAPORE (EDGEPROP) – The last of Allgreen Feature’ trilogy of brand new projects in the Bukit Timah enclave this year will certainly be actually introduced in mid-October. Priced competitively from $2,600 psf, the property, prime condo has been actually widely anticipated.
On the weekend of Oct 5-6, Allgreen Real estate will certainly keep the preview for Royalgreen. The 285-unit upscale condominium is actually the final venture in The Bukit Timah Compilation, which consists of 3 jobs. The other two are the 476-unit 4th Opportunity Residences and also the 115-unit Juniper Hill on Ewe Benefit Road. On the other hand, Royalgreen is located along Anamalai Roadway and also 250m coming from the Sixth Pathway MRT Terminal on the Midtown Line.
Royalgreen is actually likewise only 300m from Fourth Method Residences, the very first job in Allgreen Home’ The Bukit Timah Assortment. Released in January this year, 4th Method Residences is actually the only 99-year leasehold growth within the selection. To time, 102 devices (21.4%) have been actually cost a normal worked cost of $2,407 psf, according to cautions housed with URA Realis to day. It is actually considered some of the top-selling projects in the Core Central Region (CCR) this year.
Claiming property
Given the distance of Royalgreen to 4th Method Residences, Anson Lim, Allgreen’s elderly general supervisor for residential advertising and marketing and purchases, thinks that the previous will certainly appeal to those who have actually been holding out for a property job in the neighbourhood.
Besides the freehold tenure, Royalgreen is actually competitively priced from $2,600 psf. Allgreen will definitely also use a 2% early-bird markdown to purchasers at Royalgreen’s launch on Oct 12. The designer plans to discharge an initial stage of 108 devices for sale, with the project mutually industried by PERIOD Real estate System, Huttons Asia, OrangeTee & Tie, and also Savills Singapore.
According to Allgreen’s Lim, Royalgreen is actually priced at a realistic fee to 4th Avenue Residences. “There’s typically a 15% rate superior for brand new, freehold advancements reviewed to 99-year leasehold ventures in the same location,” states Lim. “In the course of particular periods in the building pattern, it may even be up to 20%.”.
Much larger units.
Besides period, Allgreen has actually additionally distinguished both tasks along with its apartment offerings. At Fourth Avenue Residences, regarding 67% of the 476 systems are actually one- and two-bedroom flats, featuring two-bedroom premium devices. The one- as well as two-bedroom systems vary from 474 to 721 sq ft. Three-bedroom condos at Fourth Avenue Residences begin with 915 square feet, while four-bedroom-plus-study units are actually coming from 1,475 sq ft.
At the same time at Royalgreen, there are actually no one-bedroom suites. However, around 62% of the 285 devices within the progression are actually two-bedroom condos, which include premium devices and also those along with research or even bedroom. Sizes of the two-bedroom systems range from 635 to 861 sq ft. The indicative prices of two-bedroom apartments begin with $1.7 thousand.
Three-bedroom and also three-bedroom-plus-study devices at Royalgreen array coming from 926 square foot to 1,076 square foot, along with a measure costs from $2.5 thousand. There are likewise four 1,259 square foot four-bedroom-plus-study systems and 18 four-bedroom fee flats ranging from 1,431 to 1,475 sq ft.
Main Area 10 location.
Royalgreen consists of 8 5-storey blocks out remaining on a 174,176 sq ft. It lies almost a Really good Training class Home territory as well as leading universities such as Hwa Chong Company, Nanyang Elementary School and also Methodist Girls’ University.