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Royalgreen attracts more than 1,200 visitors on preview weekend

/ EdgeProp Singapore |

October 6, 2019 10:25 PM SGT

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SINGAPORE (EDGEPROP) - Royalgreen, the last in the trilogy of projects under Allgreen Properties’ Bukit Timah Collection, previewed on the weekend of Oct 5-6. It drew more than 1,200 visitors to the sales gallery over the two days.

ROYALGREEN - Crowd surrounding the scale model of Royalgreen on Oct 5, 2019

Crowd surrounding the scale model of Royalgreen on Oct 5, 2019 (Photo: Allgreen Properties)

The 285-unit, freehold condo is a redevelopment of the former Royalville en bloc site, located just off the coveted Bukit Timah Road residential enclave in prime District 10. Units within the development start from two-bedroom apartments with sizes from 635 sq ft; three-bedroom units from 926 sq ft; and four-bedroom-plus-study units from 1,259 sq ft. Indicative prices are from $2,600 psf or from $1.7 million for a two-bedroom unit.

Besides proximity to top schools in the Bukit Timah area such as Hwa Chong Institution, Nanyang Primary School and Methodist Girls’ School, Royalgreen is just 300m from the Sixth Avenue MRT station on the Downtown Line.

Royalgreen is also located near Fourth Avenue Residences, the first project launched by Allgreen under the Bukit Timah Collection. The 99-year leasehold project is on a government land sales (GLS) site. Launched in January, 103 of the 476 units have been snapped up as at end September, with units sold at an average price of $2,408 psf, based on caveats lodged to date.

For price trends, recent transactions, other project info, check out these projects' research page: Royalgreen, Fourth Avenue Residences, Juniper Hill

ROYALGREEN - There hasn't been a new launch of a freehold project in the Bukit Timah area in over a decade

There hasn't been a new launch of a freehold project in the Bukit Timah area in over a decade (Photo: Allgreen Properties)

Two more units at Fourth Avenue Residences were sold over the weekend following the preview of Royalgreen, according to Anson Lim, Allgreen’s senior general manager for residential marketing and sales.

There’s some element of cross-selling owing to the fact that Fourth Avenue Residences’ sales gallery is located just across the road from Royalgreen’s. It also provides buyers with more options in the Bukit Timah area.

According to Allgreen’s Lim, there hasn’t been a new launch of a freehold condo in the Bukit Timah area in over a decade – not since Keppel Land’s launch of the The Sixth Avenue Residences in 2006. There aren’t any new freehold projects in the Bukit Timah area that are in the pipeline for launch in the next three to five years either.

Given the positive reception to Royalgreen’s preview, Allgreen will launch the project for sale on Oct 12, 2019.