FOURTH AVENUE RESIDENCES
UrbanLens Analysis
FOURTH AVENUE RESIDENCES commands $2,531 PSF -- 15% above what District 10 typically fetches ($2,197 PSF). Sixth Avenue MRT sits just 59m away (1-min walk), a clear connectivity win. Against 19 NASSIM at $3,381 PSF, the 25% discount is worth examining closely.
The -0.9% two-year price movement is negligible -- neither bullish nor bearish. 34 transactions over two years gives deep liquidity and reliable pricing signals. For context, D'LEEDON has gained 10.0% over the same period.
Roughly 91 years of lease remain. That is comfortably long -- no financing haircuts, no CPF restrictions, no urgency to the timeline. Gross yield of 3.5% beats the CCR average of 3.0%. With $4,953/month median rent, income-focused buyers have a real case here.
The 476-unit scale delivers broad facilities and solid transaction depth, but large blocks occasionally create pricing headwinds during softer markets. In the Core Central region, buyers expect premium finishes and brand cachet -- any shortfall directly impacts resale velocity.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| SKYE AT HOLLAND | $2,949 | — | 0.0% |
| UPPERHOUSE AT ORCHARD BOULEVARD | $3,309 | — | 0.0% |
| CUSCADEN RESERVE | $3,024 | 3.2% | -19.9% |
| D'LEEDON | $2,044 | 3.2% | +10.0% |
| 19 NASSIM | $3,381 | — | -2.1% |
PSF Trend
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