Singapore’s luxury property market continues to defy expectations with record-breaking transactions. The spotlight is now on Fourth Avenue Residences, a prime condominium development in Bukit Timah, which has just achieved a new record price of $2,796 per square foot (psf).
This landmark deal highlights the resilience of the Core Central Region (CCR) and signals that demand for premium homes remains strong despite global uncertainties.
About Fourth Avenue Residences
Highlights of the Development:
- Strategic Location: Along Bukit Timah Road, surrounded by landed homes and upscale condos.
- MRT at the Doorstep: Direct access to Sixth Avenue MRT (Downtown Line).
- Comprehensive Facilities: Swimming pools, fitness gym, clubhouse, tennis courts, and landscaped gardens.
- Educational Hub: Close to elite schools such as Nanyang Primary, Raffles Girls’ Primary, and Hwa Chong Institution.
- Lifestyle Connectivity: Minutes to Holland Village, Botanic Gardens, and Orchard Road.
These features make the development one of the most desirable addresses in Singapore’s CCR.
What the $2,796 PSF Record Means for Investors
The latest transaction sets a benchmark for Bukit Timah condos and underscores investor confidence in CCR properties.
Key Investor Insights:
- Sustained Value: Premium condos in prime districts continue to attract wealthy buyers, ensuring long-term price resilience.
- Rental Potential: Proximity to MRT and top schools makes Fourth Avenue Residences highly sought-after by expatriates and professionals.
- Capital Growth: Early investors benefit from strong appreciation, while new buyers gain from proven upward market momentum.
- Safe-Haven Asset: In uncertain times, Singapore luxury property is viewed globally as a reliable investment.
This record deal demonstrates that CCR properties remain attractive both for capital preservation and long-term growth.
Core Central Region (CCR) Market Trends
The CCR has consistently remained Singapore’s most stable real estate segment, and Fourth Avenue Residences’ record reflects broader trends.
- Benchmark Transactions Rising: Several CCR projects have seen record highs in 2025, driven by resilient demand.
- Strong Foreign Interest: Despite higher ABSD, overseas buyers remain active, seeing Singapore as a safe investment hub.
- Lifestyle Appeal: Luxury buyers seek not just a home, but a combination of prestige, amenities, and connectivity.
- Price Resilience: While the broader market shows mixed performance, CCR prices continue to trend upward.
This latest record strengthens CCR’s position as Singapore’s luxury property stronghold.
Why Buyers Are Attracted to Fourth Avenue Residences
Beyond investment, many homebuyers see Fourth Avenue Residences as an ideal long-term residence.
Buyer Motivations:
- Families: Prefer the convenience of nearby prestigious schools.
- Professionals: Value MRT doorstep connectivity and proximity to the CBD.
- Luxury Seekers: Appreciate the exclusivity and resort-style amenities.
- Dual-Purpose Buyers: Purchase with both investment returns and self-use in mind.
Its ability to appeal to a wide range of buyer profiles adds to the project’s resilience and market value.
Tips for Prospective Buyers
If you are considering buying into Fourth Avenue Residences or other CCR projects, here are some key points:
- Study Transaction Data: Use URA records to evaluate price movements.
- Consider Connectivity: MRT access strongly influences rental and resale value.
- Budget for Taxes: Factor in ABSD and Buyer’s Stamp Duty for accurate cost planning.
- Think Long-Term: CCR homes typically yield the best returns over 7–10 years.
- Seek Expert Guidance: Work with property agents to assess financing and investment strategies.
Conclusion
The record-breaking $2,796 psf sale at Fourth Avenue Residences is more than just a number—it represents the enduring strength of Singapore’s luxury property market.
For investors, it reaffirms CCR’s appeal as a safe-haven investment that offers both stability and growth. For homeowners, it validates the premium lifestyle and unmatched convenience that Bukit Timah continues to deliver.