Two-bedder at RoyalGreen going for $1.95 mil
Most recently completed 99-year condominiums, such as Fourth Avenue Residences, regulate a typical resale rate of $2,440 psf. This is another property development by Allgreen Properties that was completed three years back
RoyalGreen is also opposite the previous Turf City, that was left in 2023 to facilitate the site’s redevelopment into a new high-density property estate with public areas and facilities. The first private residential site for development was started in April under the government land sales programme.
A two-bedroom unit at RoyalGreen is going to be put on the neighborhood at the upcoming property auction on Wednesday, June 25, by ETC (previously Edmund Tie & Co.) An owner’s sale, the 667 sq ft unit has a guide cost of $1.96 million, that works out to $2,939 psf.
There have actually been 3 resale deals at RoyalGreen so far this year. The most current deal was a three-bedroom unit that brought $2.92 million ($ 2,981 psf) when it changed hands on May 7. A different three-bedder was sold for $3.04 million ($ 2,851 psf) on April 3, and a 1,044 sq ft three-bedroom unit transacted for $3.1 million ($ 2,977 psf) when it was offered on Feb 11.
Among most of the freehold high-end condos in the area, RoyalGreen commands the greatest resale rate. On the other hand, resale units at older freehold projects like the adjoining Villa Azura, a 25-year-old condominium on Cherry Ave, take around $1,700 psf. On the other hand, resale rates at Sixth Avenue Ville are about $2,270 psf, while the average rate at Fifth Avenue Condominium is approximately $2,090 psf.
Originally launched for sale in October 2019, RoyalGreen marketed 33 units (12%) over its launch weekend and attained a common market price of $2,750 psf. A compilation of caveats by EdgeProp Singapore suggests that the average price at RoyalGreen today is close to $2,890 psf.
RoyalGreen is a 285-unit luxury, property residence on Anamalai Avenue, off Bukit Timah Road in prime Area 10. Developed by Allgreen Properties, the freehold project sits on a 174,176 sq ft site with 8 five-storey blocks. The development consists of 2- to four-bedroom units of 635 sq ft to 1,475 sq ft.
Positioned on the third level, the two-bedder features an usual dumbbell layout with a kitchen space, a cobined living/dining room with a porch, and 2 ensuite bedrooms. The unit overlooks one of the condo’s 2 swimming pools and the central green lawn.
The owner-occupier has maintained the unit in excellent form. It is also found in a fairly quiet block facing a close-by linear common park far from the traffic interference generated near Bukit Timah Road.
According to OneMap, RoyalGreen is near to 5 primary schools: Henry Park Primary School, Methodist Girls’ School, Nanyang Primary School, Pei Hwa Presbyterian Primary School, and Raffles Girls’ Primary School.
