This is an estate brought up by the Allgreen Properties in Singapore at Bukit Timah along the downtown line at the Sixth Avenue Rapid Mass Transit station. They acquired the land from the Government Land Sales Program and are on a 99 years leasehold development tenure. It is conveniently located along the Sixth Avenue MRT station increasing the value of the Fourth Avenue Residences. This development came about because of bullish bidding for Royalville site which is located less than a kilometer away. Driving away prospective investors, and fewer bidders like the Allgreen Properties ending up winning the bidding.
Bukit Timah Fourth Avenue Residences
At the heart of Singapore is Bukit Timah referred to as Bt Timah District and is divided into seven sub-zones. Bt Timah is a residential estate constituting one of the most luxurious dwellings and the most endowed citizens of the country with a high number of private dwellings and condos. Fourth Avenue Residences acquired the name from the highest point in Bukit Timah which is a hill. Bukit Timah is home to some of the highest rated schools and institution of higher learning. This includes both public and private institutions.
With the presence of a hill, Bukit Timah turns out to be one of the most monumental reveres in the Asian continent. The reserve is filled with a ton of outdoor activities such as horse riding, country clubs, and arboretums. The botanical gardens are some of the world’s most recognized and recorded by UNESCO as World Heritage Sites. Allgreen Properties are the developers of the residential estate located in Bukit Timah District.
Allgreen Properties Real Estate
Starting under the Kuok Group Limited in the early 80’s, Allgreen Properties was a real estate arm incorporated by the Kuok Group in 1986. It saw better years as it would end up being enlisted in Singapore Stock Exchange by 1999. After being acquired by Brookvale Investment which is still under Kuok Group Limited it was later delisted in 2011. As of 2014, Kuok Group has over 35 affiliates and 13 companies. To date, Allgreen Properties is recognized for its exemplary undertaking of projects, quality products, and track record.
Allgreen Properties has a well-established portfolio consisting of properties such as condominiums, offices premises, hotels, retail and residential dwellings. They buy land from private entities and enter tenders with the Government to consistently maintain land development. Allgreen Properties utilizes another arm of Kuok Group to assist in Project Management. These arm assists in the supervising of construction work, calling and awarding of tenders, budget and progress payments, advising on the concept design and many more management aspects.
Allgreen Properties Global Coverage
They have a wide global coverage. Undertaking development projects from Vietnam, The Peoples Republic of China and Singapore with many developments, some of which are very humongous, for instance, The Great World City, Tanglin Mall and Tanglin Place. The Great World City is one of Singapore’s largest developments.
Having some of the most diverse and rare developments in the world, Allgreen Properties is still renowned for its ever-growing portfolio comprising of commercial enlisting’s. The subsidiary under Kuok Group has done wonders in Singapore creating the residential estate: Fourth Avenue Residences. Has enhanced many Governmental land rehabilitation and development programmed that seek to make better use and something out of the land. Inside Singapore vibrant district Bukit Timah is a stylish and sophisticated complex emerging for the comfort and relaxation of the people of Singapore and the world at large.…