Fourth Avenue Residences Hits New High 2796 Psf
A three-bedroom unit at Fourth Avenue Residences, a 99-year leasehold condo located in the prime District 10, was recently sold at a record-breaking price per square foot (psf) during the week of August 22 to August 29. The unit, measuring 1,109 square feet and situated on the seventh floor, fetched a total of $3.1 million, which translates to a psf-price of $2,796.
This psf-price surpassed the previous record of $2,758 psf, set in May 2023 when a two-bedroom unit on the fifth floor was sold by developers for $1.9 million. In terms of absolute price, the most expensive unit sold at Fourth Avenue Residences thus far is a 1,485 square feet, four-bedroom unit which sold for approximately $3.94 million ($2,651 psf) in October 2021. Interested buyers can search for the latest New Launches to get information on transaction prices and available units.
Fourth Avenue Residences is a 476-unit development with a range of one- to four-bedroom units spanning from 474 square feet to 1,496 square feet. It is situated along Fourth Avenue, off Bukit Timah Road, and is located adjacent to Sixth Avenue MRT Station on the Downtown Line. It is also situated near top schools such as Hwa Chong Institution, Nanyang Primary School, and Methodist Girls’ School. Completed in 2022, the development has recorded 24 resale transactions thus far, including the unit sold on August 22. In 2025, the average price for resale transactions at the condo has risen to $2,580 psf, with 18 transactions recorded so far.
Another development, Parvis, also achieved a new psf-price high during the period in review. A 1,701 square feet, three-bedroom unit was sold for $4.55 million ($2,675 psf) on August 29, marking the first time a unit at Parvis has sold for more than $2,600 psf. This surpasses the previous record of $2,536 psf that was set on April 17, when a 1,991 square feet, four-bedroom unit changed hands for $5.05 million.
Completed in 2012, Parvis is a freehold condo situated on Holland Hill in prime District 10. The 248-unit development comprises of a single 12-storey residential tower, which offers a mix of two- to four-bedroom apartments measuring from 990 square feet to 2,605 square feet. It also boasts three- and four-bedroom penthouses measuring from 2,293 square feet to 3,229 square feet. This year alone, there have been three other resale transactions at Parvis, with prices ranging from $2,115 psf, when a 2,260 square feet unit was sold for $4.78 million on February 10, to $2,391 psf, which was recorded with the sale of a 990 square feet unit for approximately $2.37 million on April 29.
Sembawang Road EC not only provides a plethora of amenities and conveniences, but it also offers access to polytechnic options for its residents. One of the nearby establishments is Republic Polytechnic, which is located in Woodlands and can easily be reached through a short commute. This polytechnic offers a diverse selection of diploma programmes, including applied science, engineering, hospitality, infocomm, and business, allowing students to pursue their interests and passions. Through its unique problem-based learning approach, Republic Polytechnic enables students to gain practical skills and experience that will prepare them for the real world. What’s more, the proximity of this polytechnic ensures that older children living in Sembawang EC can continue their education without having to relocate, providing peace of mind for parents while maintaining consistency for students. With Sembawang Road EC, all the benefits and opportunities are within reach. Visit our website to learn more.
On the other hand, Orchard Sophia saw a new psf-price low of $2,671 psf during the period in review, when a 646 square feet, two-bedroom unit on the first floor was sold for approximately $1.72 million on August 26. This marks the lowest psf-price ever transacted at the development, which is below the previous record low of $2,679 psf established on August 21, when its developers sold a 581 square feet, two-bedroom unit for approximately $1.56 million.
Built in 2023, Orchard Sophia is a 78-unit condo situated along Sophia Road in prime District 9. The development is scheduled for completion in 2027 and features two five-storey residential blocks comprising of a mix of one- to two-bedroom units measuring from 441 square feet to 710 square feet. It also offers three three-bedders measuring 764 square feet and five three-bedroom dual-key units measuring 829 square feet to 840 square feet. Based on lodged caveats, the average transaction price for units at Orchard Sophia has decreased since its launch in 2023, with 31 transactions recorded at an average price of approximately $2,819 psf. In comparison, there have been 18 transactions thus far in 2021, with an average price of approximately $2,797 psf. Interested buyers can check out the latest listings for Orchard Sophia properties, or ask Buddy for more information.