Two-bedder at RoyalGreen going for $1.95 mil
RoyalGreen is also opposite the former Turf City, that was vacated in 2023 to facilitate the site’s redevelopment into a new high-density property estate with public areas and amenities. The first personal residential site for development was launched in April under the government land sales program.
RoyalGreen is a 285-unit high-end, freehold condominium on Anamalai Avenue, off Bukit Timah Road in prime Area 10. Established by Allgreen Properties, the freehold project sits 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.
Located on the third level, the two-bedder features a typical dumbbell style with a kitchen space, a cobined living/dining room with a terrace, and two ensuite bedrooms. The unit overlooks among the condominium’s 2 swimming pools and the central green lawn.
Recently completed 99-year condominiums, such as Fourth Avenue Residences, command a typical resale cost of $2,440 psf. This is a different property development by Allgreen Properties that was completed three years back
Among most of the freehold high-end condominiums in the area, RoyalGreen commands the greatest resale rate. In contrast, resale units at older freehold ventures including the neighbouring Villa Azura, a 25-year-old condominium on Cherry Ave, take around $1,700 psf. On the other hand, resale prices at Sixth Avenue Ville are about $2,270 psf, while the average price at Fifth Avenue Apartment is about $2,090 psf.
A two-bedroom unit at RoyalGreen will be placed on the neighborhood at the upcoming real estate auction on Wednesday, June 25, by ETC (formerly Edmund Tie & Co.) An owner’s sale, the 667 sq ft unit has an overview cost of $1.96 million, which works out to $2,939 psf.
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.
The owner-occupier has maintained the unit in great condition. It is also located in a fairly silent neighborhood facing a close-by linear public park far from the traffic distractions produced near Bukit Timah Road.
Initially released for sale in October 2019, RoyalGreen marketed 33 units (12%) over its release weekend and accomplished an average asking price of $2,750 psf. A collection of caveats by EdgeProp Singapore suggests that the average price at RoyalGreen today is close to $2,890 psf.
There have actually been 3 resale transactions 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 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.
