Singapore real estate is likely to remain as one of the most popular asset class for investors in and out of Singapore. The new cooling measures imposed by the Singapore government on 5th July 2018 will definitely dampened the sales of residential properties, even though July sales figure were up markedly, due to buyers rushing in to buy their preferred units before the cooling measures kicks in, but the sales volume will pick up again once these new measures have settled in, and things will start moving again. Property is an asset class in Singapore that is probably one of the most stable investments due to the sound political system, strong and astute monetary policy and limited land. Many investors purchase properties to preserve their wealth against inflation in Singapore, and many of the older investors or even home owners can attest to it, as they have seen their properties appreciate over time and earn then multiple folds of profit. Going forward, we should not be expecting the same capital appreciation we get to see in the past, but we can be expecting stable appreciation over a longer period of time.

Investors might be interested to explore Fourth Avenue Residences Singapore by Allgreen Properties Ltd, a 99 years leasehold project situated at 2 Fourth Avenue, which is along Bukit Timah Road. The major highlight of this project is that it’s conveniently located besides Sixth Avenue MRT Station (Downtown Line). Fourth Avenue Residences Singapore is of great potential and is poised for great capital appreciation in the mid to long term due to the fact that it is located in the central area of Singapore, nestled in the heart of nature and has access to fantastic transport infrastructure. Meticulous planning from the architect will also ensure that Fourth Avenue Residences condo floor plan will be efficient and caters to various buyers of different demographics, and we should be expecting one bedroom units to 5 bedroom units with quality and luxurious finishing to befit this high end development in District 9, one of the most up-class district of Singapore.

There are concerns that the land lease for this project is 99 years while surrounding condos and landed housing are mostly freehold. While developers bidding for this land are aware of the land tenure, not one of them is afraid on the potential it can bring as it is compensated for the proximity to the MRT station. In these days, investors are savvy enough to know that being near the MRT ensure that their property is easy to rent out and will enjoy capital appreciation. What good is it if you have a freehold property which is far from transport infrastructure and thus finds it harder to rent out or have to rent out at a lower price?

Media Contact
Company Name: ERA Realty Network Pte Ltd
Contact Person: Developer Sales Team
Email: Send Email
Phone: +65 6100 0056
Country: Singapore
Website: https://www.fourth-avenueresidences.com

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