Two-bedder at RoyalGreen going for $1.95 mil
Initially released for sale in October 2019, RoyalGreen offered 33 units (12%) over its release weekend and accomplished a normal asking price of $2,750 psf. A compilation of caveats by EdgeProp Singapore shows that the average price at RoyalGreen today is close to $2,890 psf.
RoyalGreen is a 285-unit deluxe, freehold condo on Anamalai Avenue, off Bukit Timah Road in prime District 10. Created by Allgreen Properties, the freehold project rests on a 174,176 sq ft site with 8 five-storey blocks. The development is composed of 2- to four-bedroom units of 635 sq ft to 1,475 sq ft.
Situated on the third level, the two-bedder features a typical dumbbell design with a kitchenette, a cobined living/dining room with a balcony, and 2 ensuite bedrooms. The unit overlooks one of the condo’s two swimming pools and the main green lawn.
A two-bedroom unit at RoyalGreen will be placed on the block at the upcoming property auction on Wednesday, June 25, by ETC (formerly Edmund Tie & Co.) A proprietor’s sale, the 667 sq ft unit has a guide rate of $1.96 million, that works out to $2,939 psf.
Bloomsbury Residences floor plan
Among most of the freehold deluxe apartments in the place, RoyalGreen regulates the greatest resale cost. On the other hand, resale units at older freehold projects like the adjoining Villa Azura, a 25-year-old apartment on Cherry Ave, take about $1,700 psf. On the other hand, resale rates at Sixth Avenue Ville are about $2,270 psf, while the average value at Fifth Avenue Apartment is about $2,090 psf.
RoyalGreen is also opposite the former Turf City, which was left in 2023 to help with the site’s redevelopment right into a brand-new high-density housing estate with public rooms and facilities. The first personal residential area for development was started in April under the government land sales program.
According to OneMap, RoyalGreen is close to five primary schools: Henry Park Primary School, Methodist Girls’ College, Nanyang Primary School, Pei Hwa Presbyterian Primary School, and Raffles Girls’ Primary School.
The owner-occupier has kept the unit in good state. It is also situated in a relatively silent neighborhood facing a nearby linear common park far from the traffic distractions created near Bukit Timah Road.
Recently completed 99-year condominiums, such as Fourth Avenue Residences, command a typical resale price of $2,440 psf. This is another development by Allgreen Properties that was completed 3 years back
There have been three resale transactions at RoyalGreen so far this year. The most current sale was a three-bedroom unit that fetched $2.92 million ($ 2,981 psf) when it altered hands on May 7. Some other 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 marketed on Feb 11.
