Two-bedder at RoyalGreen going for $1.95 mil
Most recently completed 99-year condominiums, such as Fourth Avenue Residences, command an average resale cost of $2,440 psf. This is another development by Allgreen Properties that was completed 3 years earlier
The owner-occupier has actually maintained the unit in excellent form. It is also found in a fairly silent block facing a nearby linear public park far from the traffic distractions generated near Bukit Timah Road.
There have actually been three resale transactions at RoyalGreen so far this year. The most current deal was a three-bedroom unit that fetched $2.92 million ($ 2,981 psf) when it shifted controls 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 negotiated for $3.1 million ($ 2,977 psf) when it was offered on Feb 11.
Originally released for sale in October 2019, RoyalGreen sold 33 units (12%) over its release weekend and achieved a common market price of $2,750 psf. A compilation of caveats by EdgeProp Singapore indicates that the average price at RoyalGreen today is close to $2,890 psf.
Amongst many of the freehold luxury condos in the place, RoyalGreen commands the greatest resale rate. On the other hand, resale units at older freehold ventures like the adjoining Villa Azura, a 25-year-old condo on Cherry Ave, go for around $1,700 psf. Meanwhile, resale rates at Sixth Avenue Ville are about $2,270 psf, whilst the average price at Fifth Avenue Condominium is around $2,090 psf.
RoyalGreen is also opposite the past Turf City, which was vacated in 2023 to facilitate the site’s redevelopment right into a new high-density housing estate with public areas and amenities. The first personal residential place for development was launched in April under the government land sales program.
RoyalGreen is a 285-unit high-end, estate condo on Anamalai Avenue, off Bukit Timah Road in prime District 10. Established by Allgreen Properties, the freehold project remains on a 174,176 sq ft site with eight five-storey blocks. The development comprises of 2- to four-bedroom units of 635 sq ft to 1,475 sq ft.
Positioned on the third floor, the two-bedder features a common dumbbell style with a kitchen space, a cobined living/dining space with a porch, and 2 ensuite bedrooms. The unit overlooks among the condominium’s two swimming pools and the central green lawn.
According to OneMap, RoyalGreen is close to five primary schools: Henry Park Primary School, Methodist Girls’ Institution, Nanyang Primary School, Pei Hwa Presbyterian Primary School, and Raffles Girls’ Primary School.
A two-bedroom unit at RoyalGreen is going to be placed on the neighborhood at the upcoming real estate auction on Wednesday, June 25, by ETC (formerly Edmund Tie & Co.) A proprietor’s sale, the 667 sq ft unit has an overview cost of $1.96 million, which works out to $2,939 psf.
