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Fourth Avenue Residences

Fourth Avenue · District 10 · Core Central Region (CCR) · 99 yrs lease commencing from 2018

Fourth Avenue Residences is an apartment development in District 10 (CCR). Based on 238 URA-recorded transactions from 20212026, its median price is $1,763,500, with prices moving about -1.6%/yr and a gross rental yield near 3.3%.

The verdict · for an investor

Fourth Avenue Residences · Apartment · District 10 · Leasehold

Fourth Avenue Residences is a mixed picture — a real case, with real caveats.

There's a genuine case here, but weigh the caveats below before you commit — the fundamentals and the record don't all point the same way.

HeadwindsMixedTailwinds

Why it's pushing up

What matters most for you

  • ConvenientMRT about 4 min on foot; 1 supermarket nearby.
  • Rentable~3.3% gross yield; transport nearby keep tenants coming.

And what makes it better

  • 3-bed, 5-bed have risen since 2021.
  • Steady ~3.3% gross rental yield.

What's holding it back

  • The 1-bed, 2-bed have lagged (−7.7%, −2.1%).
  • No Primary-1 priority school within 1km.
  • The market's near the top of its cycle — mind your entry price.

Should I buy?

A mixed picture

There's a case — weigh the caveats first.

Rental yield

3.3%

gross, on this project

Priced vs nearby

Above 3 of 4

mid-priced for the immediate area.

See if it fits my budget →

Independent research, not advice. A fair price still isn’t automatically a good buy — the call is always yours.

The priceIs my price fair?

Pick your exact unit — then check your price

Your unit’s exact size

Every real size that has sold here (URA caveats). Pick yours — or the closest.

~$2,603/sqft
40 sold here

What 506 sqft (1-bed) units go for here

$1.24Mmiddle ~$1.32M$1.40M

The price they’re asking

Type the price they’re quoting — we’ll judge it against what this exact size really sold for. No opinion until you do.

Recent 506 sqft sales

Sep 2025506 sqft · fl 01-05$1.12M$2,209 psf
May 2025506 sqft · fl 01-05$1.17M$2,308 psf
Jul 2023506 sqft · fl 06-10$1.36M$2,698 psf
The rentWhat would it earn?

What it rents for — and if that works

Real rental history — the going median here is about $7.36 psf / month (URA), filled in for your size. Change it if you have a specific number.

The rent you’d get

/mo
3.4% gross yield
Healthyfor a Singapore condo, the rent is doing real work here. At a typical 75% loan, the rent covers ~80% of the mortgage — you’d top up ~$900/mo from your pocket.
Our readSo what should I do?

The price to fight for — and the endgame

No agent, no listing, no one paying us — so we’ll say it plainly, whichever side of the table you’re on, for the size you picked.

If you’re buying

$1.32M

Aim at the middle or below. A patient buyer has been getting closer to $1.27M.

If you’re selling

~$1.38M

List at the top of fair; realistic close is $1.32M–$1.33M unless it’s a high floor.

Why no rush either way: Seller’s Stamp Duty means a buyer can’t sell penalty-free for ~4 years — so you’re holding regardless. That’s your leverage to negotiate down now, not overpay.

The reality check — does the gain even make sense?

Likely worth then$1.77M
Paper gain+$0.45M

Our blunt read: ~$453k over 10 years at this project’s own pace. It works — but forward from a cycle top, treat it as a maybe, not a promise. This is our own POV, not a forecast — the pace is the project’s own (~3.0%/yr), and past pace never promises the future.

Built from URA transactions for Fourth Avenue Residences — an opinion to decide and negotiate with, never a valuation and never financial advice.

If you’re buying — the outlook

Fourth Avenue Residences

Core Central Region (CCR) · District 10 · ~$2,679 psf · 3.3% yield

own price

Prices are near the top of the cycle, and the government is still cooling it — but cheap loans and steady immigration are holding them up. For Fourth Avenue Residences, its own prices are still climbing. Over a 4-year hold, expect modest growth — not a big jump.

◀ HeadwindsTailwinds ▶

On balance, the wind is leaning to your favour.

!

What it means for you: At ~$2,679 psf, Fourth Avenue Residences is priced about level with similar new projects nearby — no bargain, but you're not overpaying versus its peers. Its own prices are only creeping up (~-1.6%/yr over ~5 years). You'd also be buying near the top of the cycle, so entry price matters. So — negotiate, don't overpay, and plan to hold past the 4-year stamp-duty window before selling.

The signals behind it

Dots show how much weight each one carries.

Where we are in the cycle

Holds prices back

Prices are near the top — up 33% in 5 years, well above the 4.6%/year long-run pace. Less room left to climb.

This project (Fourth Avenue Residences)

Supports prices

Fourth Avenue Residences's own prices are still climbing — about +5% in the latest year of sales.

Your area vs the rest

Supports prices

The prime districts (CCR) lagged the others since 2004 — more room to catch up.

Government cooling measures

Holds prices back

The government is still cooling the market — the latest was SSD back to 4 years at 16/12/8/4% (2025). That caps how fast prices can run.

Home-loan rates

Supports prices

Loan rates are cheap right now (~1.08%) and falling. Easy to carry — which supports prices, but also means more buyers competing with you.

Prices vs salaries

Supports prices

Against salaries, prices aren't expensive by past standards — people can still afford to buy.

New people moving in

Supports prices

Lots of new people keep moving to Singapore (non-residents up ~16% over 5 years) — steady demand for homes and rentals.

New supply nearby

About neutral

A moderate amount of new supply is coming to this district (~1,770 units).

1.8k units
New launches selling

Supports prices

New launches in this district are selling well — 7 recent ones are around 84% sold, so buyer demand here is healthy right now.

84% sold
New land being released

Holds prices back · small effect

The government keeps releasing a lot of new land (~9,200 units this half-year) — more future supply that can weigh on prices years down the road.

Foreign buyers

Holds prices back

Foreign buying has collapsed since the 60% tax — only ~1.4% of buyers now. For the prime market you're looking at, that's a real missing piece of demand.

1.4% foreign
Rents at this project

About neutral

Rents at Fourth Avenue Residences have been flat over the last couple of years.

Money ready to spend

Supports prices · small effect

There's more CPF money sitting ready to put toward a home than a few years back — a small support in the background.

The wider economy

Supports prices · small effect

The economy is growing (5% last year) and jobs are steady (1.9% unemployment) — no alarm bells.

Building costs

Supports prices · small effect

Building costs are high (up ~39% since 2010) and still creeping up — developers can't build cheap, which puts a floor under new-launch prices.

Supports pricesHolds prices backNeutral

Built from real public data (URA price index back to 1975, plus rates, immigration, rents, the economy). It prepares you — it never promises a price.

How far could it go — and when?

Is the price high? ~$2,679 psf is ~8% below similar nearby projects (~$2,900). about right

(The whole prime average is ~$2,284 psf — but that lumps in older stock, so we compare like with like, not against that.)

What’s realistic here? Its own record and its real neighbours — not the market.

Fourth Avenue Residences has grown ~-1.6%/yr over ~5 years. Similar nearby: Skye At Holland 0.1%, Leedon Green 0.1%, D'Leedon 4.3%, Upperhouse At Orchard Boulevard 6.8%, Hyll On Holland 2.3% — a 0.16.8%/yr spread (most around 2.3%).

market ~4.6%
Fourth -1.6%
0%/yr4%8%/yr

You can’t sell for ~4 years without a penalty. Seller’s Stamp Duty is 16/12/8/4% in years 1–4, then 0% — so the honest question is what happens from year 4 on.

What price per sqft are you hoping to sell at one day?

$psf
Unlikely at this pace
Sell earliest (yr 4):at its own ~-1.6%/yr, ~$2,512/sqft by year 4 — still short of $3,100.
Likely hits it:at ~-1.6%/yr it’s not trending up — it may never reach $3,100 on its own.
Best case:if it ran like its best neighbour (Upperhouse At Orchard Boulevard, ~6.8%/yr), about year 3.

Our own read, not financial advice. We don’t predict a price — we show what your target would need, and when, against what this project and its real neighbours have actually done.

Median price

$1,763,500

2021–2026 (URA)

Appreciation

-1.6%/yr

median trend

Gross yield

3.3%

~$7.36/psf rent

Lease

~91 yrs left

leasehold

Fourth Avenue Residences median price per sqft, by year

2021$2,462 psf
2022$2,500 psf+1.5%
2024$2,400 psf-4%
2025$2,551 psf+6.3%
2026$2,679 psf+5%

Median PSF of actual URA transactions each year, with year-on-year change.

Does Fourth Avenue Residences fit your budget?

GrowKaki models the real take-home — net of stamp duty, agent fee, mortgage interest and CPF — for the exact unit your budget reaches, then hands you to an agent when you’re ready.

Plan your purchase →

Units for sale at Fourth Avenue Residences

Questions people ask about Fourth Avenue Residences

Is Fourth Avenue Residences freehold or leasehold?

Fourth Avenue Residences is on a 99-year lease that began in 2018, so about 91 years remain. It sits in District 10 (Core Central Region (CCR)).

How much does Fourth Avenue Residences cost per square foot?

Recent transactions at Fourth Avenue Residences are around $2,679 psf. Across its record, transacted prices range from $1,030,000 to $3,938,000.

Which primary schools are near Fourth Avenue Residences?

Within 1–2 km: Raffles Girls' Primary School, Nanyang Primary School, Methodist Girls' School (primary). Distances are straight-line — the basis MOE uses for P1 priority.

Which MRT station is nearest Fourth Avenue Residences?

The nearest MRT is Sixth Avenue MRT, about 200 m away (straight-line).

Has Fourth Avenue Residences gone up in value?

Across 238 URA-recorded transactions (2021–2026), prices at Fourth Avenue Residences have moved about -1.6% a year on average, with a gross rental yield near 3.3%. That is a past record, not a forecast.

What condos are comparable to Fourth Avenue Residences?

Within a short walk: Royalgreen, Duchess Crest, The Tessarina, The Cascadia. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is Fourth Avenue Residences a good buy?

Fourth Avenue Residences sits in Core Central Region (CCR). Whether it is right for you depends on your budget, purpose and holding period — GrowKaki models the net take-home after stamp duty, agent fee and CPF. This is independent research, not advice, and a fair price is not automatically a good buy.

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