π₯ New Listing for Sale β Prime District 10 Opportunity π₯
Introducing a rare unit at Fourth Avenue Residences
β¨ 1-Bedroom | 517 sqft
π° Asking: $1.42M (~$2,745 psf)
β¨ Efficient layout β ideal for own stay or investment
β¨ Serious seller β attractive entry into Bukit Timah
βΈ»
π Why This Location is Highly Sought After
β Doorstep to Sixth Avenue MRT (Downtown Line)
β Prestigious Bukit Timah landed enclave (GCB belt)
β Minutes to Orchard, Holland Village & top schools
β Strong tenant pool from expats & professionals
π Prime CCR living with limited future supply
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π° Price Positioning β Where You Stand Today
* Current resale benchmark: ~$2,4xx β $2,7xx psf
* Recent peak in project: ~$2,796 psf
π At $2,745 psf, this unit is:
β Within current market range
β Near recent high
β Positioned for next upside
βΈ»
π Compare vs NEW LAUNCH PRICES (Todayβs Reality)
* New launches in CCR / D10 already at:
π ~$3,000 β $3,500 psf
* Upcoming launches estimated:
π ~$3,200 psf and above
π‘ Price Gap Today:
* This unit: $2,745 psf
* New launch: $3,200 psf+
π 15β25% cheaper entry into same prime district
βΈ»
π¨ NEW FACTOR: Construction Cost Surge (Middle East War Impact)
Global data now shows:
* Building material costs rising sharply due to supply disruption & energy prices
* Key materials like PVC up 30β40%, asphalt up ~50%
* Steel, cement and chemicals rising 15β30%+
* Some forecasts expect significant construction cost increases into 2027
π Oil, shipping and logistics costs are all increasing
π Developersβ building cost = rising fast
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π What This Means for Property Prices
β Developers MUST launch at higher prices to maintain margins
β Future GLS land bids will factor in higher construction cost
β New launch prices will reset upward again
π Existing projects like this become:
π‘ βUnderpriced compared to future supplyβ
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π‘ Investment Angle
β Entry into CCR at lower quantum
β Strong rental demand location
β Supported by rising land + construction cost
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β οΈ Key Decision for Buyers/Investors
Do you want to:
π Wait for new launches at $3,200 β $3,500 psf (or higher)
OR
π Secure today at $1.42M in prime Bukit Timah
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π Call / WhatsApp: 9839XXXX
Before the next wave of price increase hits the market.