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By SG PropertiesPublished 6 min readUpdated

Fourth Avenue Residences Review: 476-Unit Condo Beside Sixth Avenue MRT

Fourth Avenue Residences review: 476-unit 99-year condo in D10 by Allgreen, completed 2022 beside Sixth Avenue MRT. Resales averaged S$2,529 psf over 12…

Aerial artist's impression of Fourth Avenue Residences: nine low- and mid-rise blocks around a central pool deck, beside a green field and the covered link to Sixth Avenue MRT, with landed homes around it

Image: Allgreen Properties (developer), artist's impression

Short answer: Fourth Avenue Residences is a 476-unit, 99-year leasehold condo at 2 to 18 Fourth Avenue in District 10, developed by Allgreen Properties. It was completed in 2022 and is next to Sixth Avenue MRT station on the Downtown Line, with a covered linkway to the station. Resales averaged S$2,529 psf over the past 12 months.

Updated 29 September 2026. This page replaces an earlier version that contained incorrect facts; see the correction note at the end.

What is Fourth Avenue Residences?

DeveloperAllgreen Properties, through Valleypoint Investments Pte Ltd (the developer entity in URA caveat data)
Address2, 4, 6, 8, 10, 12, 14, 16 and 18 Fourth Avenue (District 10, Bukit Timah)
Tenure99-year leasehold from 7 March 2018 (about 90 years left in September 2026)
Units476 homes in nine blocks of up to 10 storeys
Site areaAbout 1.85 ha
ArchitectRSP Architects Planners & Engineers
Launched19 January 2019
Completed2022
Nearest MRTSixth Avenue (DT7), Downtown Line, about 160 m or a two-minute walk

Sources: EdgeProp, 5 November and 5 December 2017 (site area, tender result); EdgeProp, 11 January 2019 (476 units, architect, launch prices); EdgeProp, 20 January 2019 (launch weekend, linkway); EdgeProp project page (developer entity, addresses, lease start, completion 2022); Stacked Homes (blocks, storeys, walking distance).

The site was sold by the government. It was on the reserve list of the first-half 2017 Government Land Sales programme and was triggered for tender with a minimum bid of S$448.8 million. When the tender closed in December 2017, Allgreen's top bid of S$552.96 million, or S$1,540 psf per plot ratio, led seven bids (EdgeProp, 5 December 2017). We checked the arithmetic: S$552.96 million ÷ 359,063 sq ft of maximum gross floor area (EdgeProp) is about S$1,540 psf ppr. A later EdgeProp article (11 January 2019) gives the land price as S$533 million; that figure does not match the S$1,540 psf ppr in the same article, and the tender-result report and Stacked Homes both give about S$553 million.

What unit types does Fourth Avenue Residences have?

Fourth Avenue Residences has one- to four-bedroom homes from 474 to 1,496 sq ft. About two-thirds are one- and two-bedroom units. There are no penthouses or five-bedroom units in the floor plans listed by Stacked Homes.

Unit typeSizeUnits
1-bedroom474 to 517 sq ft164
2-bedroom624 to 721 sq ft156
3-bedroom915 to 1,130 sq ft132
4-bedroom1,475 to 1,496 sq ft24

Source: Stacked Homes, from developer floor plans. The counts add up to 476, and one- and two-bedroom units are 320 of 476, or 67% (our arithmetic), in line with EdgeProp's "approximately 67%".

How far is Fourth Avenue Residences from Sixth Avenue MRT?

It is next to Sixth Avenue station on the Downtown Line. Stacked Homes gives a walking distance of 160 m, or about two minutes, based on OneMap routes. EdgeProp reported at launch that it was the only project with a direct covered linkway to the station (20 January 2019). Tan Kah Kee station is about 1.2 km away. Check OneMap for your own route.

How much has Fourth Avenue Residences sold for?

PeriodFigureSource
Land tender, December 2017S$552.96 million, S$1,540 psf ppr, 7 bidsEdgeProp, 5 December 2017
Launch prices, January 2019From S$1.05 million (1-bedroom), S$2.08 million (3-bedroom), S$3.387 million (4-bedroom plus study)EdgeProp, 11 January 2019
Launch weekend, 19 to 20 January 201970 units sold, 42% of the 168 released; average S$2,375 psf after early-bird discountsEdgeProp, 20 January 2019
2019 to 2022All 476 new units soldStacked Homes, from URA caveats
Last 12 months to September 202616 sales, average S$2,529 psf, range S$2,126 to S$2,849 psf (S$1.03 million to S$3.16 million)Stacked Homes; EdgeProp gives the same average and range
25 May 2026S$3.16 million (S$2,849 psf) for a 1,109 sq ft 3-bedroomStacked Homes
16 September 2026S$1.68 million (S$2,601 psf) for a 646 sq ft 2-bedroomStacked Homes

We checked the arithmetic: S$3.16 million for 1,109 sq ft is about S$2,849 psf, and S$1.68 million for 646 sq ft is about S$2,601 psf. Stacked Homes' yearly averages were S$2,406 psf in 2019 and S$2,561 psf in 2026 (January to September). Averages mix unit sizes and floors, so compare like-for-like units using URA caveats before drawing conclusions.

What do Fourth Avenue Residences units rent for?

Stacked Homes recorded 172 leases starting between September 2025 and August 2026, with a median rent of S$4,000 a month: S$3,700 for 1-bedroom, S$4,800 for 2-bedroom and S$7,050 for 3-bedroom units. We do not quote a rental yield, because estimates differ between sites and a yield depends on each buyer's purchase price.

Who might Fourth Avenue Residences suit?

This is a summary of trade-offs, not a recommendation. Its distinctive features are a covered link to an MRT station next door, a low- and mid-rise layout of up to 10 storeys, and a location in a largely landed part of District 10. The trade-offs: the unit mix leans heavily towards one- and two-bedroom homes, with only 24 four-bedroom units, and it is a 99-year lease while several nearby condos listed by Stacked Homes, such as Fifth Avenue Condominium and Sixth Avenue Ville, are freehold. Our guide to lease decay and CPF rules explains how remaining lease affects financing, and the ABSD guide covers stamp duties on second and later purchases. For the wider area, see our District 9 and 10 guide.

FAQ

Who developed Fourth Avenue Residences? Allgreen Properties, through Valleypoint Investments Pte Ltd. It is not an Orchard Parade Holdings project.

Is Fourth Avenue Residences freehold? No. It is a 99-year leasehold from 7 March 2018.

When was Fourth Avenue Residences completed? In 2022, according to EdgeProp and Stacked Homes.

How many units does Fourth Avenue Residences have? 476 homes in nine blocks.

How far is it from Sixth Avenue MRT? About 160 m, a two-minute walk, with a covered linkway to the station.

What was the launch price? Units sold on the launch weekend of 19 to 20 January 2019 averaged S$2,375 psf after early-bird discounts, according to EdgeProp.

Correction

29 September 2026: An earlier version of this page named Orchard Parade Holdings as the developer and said Fourth Avenue Residences has 259 units, was completed in 2015 on a lease from 2013 with 86 years left, has five-bedroom penthouses of 2,960 sq ft, and is about 650 m from Sixth Avenue MRT. The project was developed by Allgreen Properties, has 476 units, was completed in 2022, and has a 99-year lease from 7 March 2018 (about 90 years left). Its largest homes are four-bedroom units of up to 1,496 sq ft, and it is about 160 m from Sixth Avenue station, with a covered linkway. Unsupported claims that it is priced 20% to 30% below nearby projects, that the PIE is two minutes away, and claims about schools within 2 km, neighbouring malls and the absence of sky gardens, were removed, as was an offer of a paid "full report".

Disclaimer: This page is for information only and is not investment advice. SG Properties is not a licensed estate agency and is not affiliated with the developer.

Sources

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