Type

Units

Min Area

Price Range

1 BR

484 sqft

From S$1.0XM

Property Highlights

Prime 1-bedroom unit at Fourth Avenue Residences, just 1 minute walk from Sixth Avenue MRT Station on the Downtown Line
Compact 484 sqft layout ideal for first-time buyers, young professionals, or investment portfolios seeking location efficiency
S$1.055 million acquisition price reflects strong demand in this mature, well-connected residential corridor
Immediate access to transport infrastructure, shopping, and lifestyle amenities in one of Singapore's most sought-after zones
Leasehold property offering realistic rental yield potential and strong capital retention in a stable, established neighbourhood

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Ref: 500149390

Fourth Avenue Residences: Cosmopolitan Living at Sixth Avenue

Located at 6 Fourth Avenue, this single-bedroom condominium represents a well-positioned opportunity for buyers seeking proximity to one of Singapore's most vibrant and connected neighbourhoods. The property is positioned within Fourth Avenue Residences, a development that commands genuine appeal amongst both owner-occupiers and investment-minded purchasers. With a guide price of S$1,055,000 and a functional floor area of 484 square feet, the unit combines urban convenience with measured proportions suited to contemporary living preferences.

Unmatched Proximity to Sixth Avenue MRT Station

Perhaps the single greatest asset of this residence is its location within a one-minute walking distance of Sixth Avenue MRT Station on the Downtown Line. This exceptional proximity transforms daily commuting into a seamless transition, whether your workplace lies in the Central Business District, Marina Bay, or any of the numerous nodes serviced by the Downtown Line's extensive network. The reduction in travel time and transport costs represents a material quality-of-life benefit that justifies the property's valuation premium relative to less conveniently located alternatives.

The Downtown Line itself has proven instrumental in reshaping the economic and social dynamics of the districts it traverses. Sixth Avenue station specifically serves as a gateway to the Buona Vista employment precinct, while also connecting residents to the expanding Dhoby Ghaut leisure and cultural zone. For investors, this transport connectivity is instrumental in sustaining rental demand; expatriate professionals and local upgraders consistently prioritise MRT-adjacent properties in their accommodation searches.

Smart Sizing for Contemporary Households

The 484 square-foot footprint reflects contemporary design philosophy that prioritises usability over excess space. A single-bedroom, single-bathroom configuration serves multiple buyer demographics effectively. First-time purchasers entering the market often find units of this scale represent the optimal balance between affordability and ownership. Young professionals, whether married couples or established singles, frequently prefer this format for its manageability and reduced running costs. The proportions also appeal to savvy investors targeting the residential rental market, where demand for compact, well-appointed accommodation remains consistently robust.

Modern condominiums of this size typically incorporate efficient kitchen layouts, functional living and sleeping zones, and bathrooms that meet contemporary standards. The configuration maximises usable space whilst minimising wasteful circulation areas—a hallmark of thoughtful architectural planning in Singapore's premium residential developments.

Investment Potential and Yield Considerations

From an investment perspective, Fourth Avenue Residences occupies a compelling position within the property cycle. The combination of sub-1,000 sqft dimensions, established infrastructure, and MRT accessibility creates a naturally efficient rental product. The neighbourhood demographic supports rental demand from both expatriates and local residents, whilst the transport connectivity ensures broad market appeal. Properties of this calibre in established districts have historically attracted tenants prepared to pay market rates, translating into measurable returns on invested capital.

Prospective investors should assess yields through the lens of current market rental rates for comparable units in the surrounding area. The proximity to employment hubs and the absence of oversupply in this specific micro-location position the unit favourably for sustained demand. Historically, properties within a one-minute walk of key MRT stations have demonstrated superior capital retention and appreciation trajectories relative to properties requiring longer access times.

Location Context and Neighbourhood Amenities

The Sixth Avenue precinct itself has evolved into a fully mature residential and commercial district, with established infrastructure supporting both daily living and lifestyle aspirations. Shopping facilities, dining establishments, and recreational venues are accessible on foot or via short public transport journeys. The neighbourhood has attracted quality resident cohorts, creating a stable and appreciative community environment. Educational institutions, healthcare facilities, and professional services are all within reasonable proximity, rendering the area suitable for households spanning diverse life stages and professional backgrounds.

Price Point and Market Position

The S$1,055,000 asking price positions this unit within the accessible end of the Sixth Avenue premium residential market. This valuation reflects current market conditions where supply-constrained locations with exceptional transport connectivity command sustained buyer demand. The price-to-floor-area ratio must be contextualised against comparable transactions in the immediate vicinity; properties with similar attributes in equally convenient locations typically command similar or higher per-square-foot valuations, particularly if they have undergone recent renovation or modernisation.

Financing and Ownership Considerations

At this price point, owner-occupiers should assess their financing capacity and debt servicing ratios to ensure sustainable mortgage arrangements. The property's size and location make it attractive to purchasers utilising housing loan facilities; banks generally extend favourable loan-to-value ratios for properties in established districts with strong transport connectivity. Buyers should engage with financial advisors to confirm that monthly mortgage outgoings, property taxes, and maintenance contributions align with their household budgets and long-term financial planning.

For second-property purchasers, the Additional Buyer's Stamp Duty framework will apply, representing a material acquisition cost that should be factored into overall investment analysis. The cumulative cost of acquisition—including legal fees, survey charges, and regulatory levies—should be carefully calculated before proceeding.

Leasehold Structure and Long-Term Value Preservation

As a leasehold property, Fourth Avenue Residences operates within Singapore's standard leasehold framework. Buyers should establish the precise lease tenure remaining at the time of purchase, as this factor materially influences both financing options and long-term capital value. Whilst properties on lengthy leases (typically 99 years from initial grant) maintain robust valuations and attractive financing terms, the trajectory of property value and bank lending appetite does shift as lease expiry approaches. Buyers should obtain a definitive lease information document before committing to acquisition.

Compatibility With Diverse Buyer Profiles

This property appeals to multiple buyer archetypes with particular effectiveness. First-time buyers appreciate the accessible price point combined with prime location; the rental income-earning capacity of such units also appeals to parents seeking to build investment portfolios for adult children. Young professionals in established careers find the format ideal for contemporary urban living without the complications of larger, underutilised spaces. Upgraders moving from smaller units or shared accommodation benefit from the ownership transition and capital growth potential. Investors seeking exposure to Singapore's residential rental market find this demographic and location profile particularly attractive, especially given the consistent demand for well-positioned, MRT-adjacent accommodation.

Fourth Avenue Residences itself represents a development that has established itself as a credible residential option within its district. The property's appeal is reinforced by its geographic position at a critical nexus of transport infrastructure, employment opportunity, and established community amenities. For buyers ready to act decisively on a well-located, efficiently-scaled residential asset, this unit warrants serious consideration.

Frequently Asked Questions

What rental yield can I expect if I purchase this unit as an investment property?

Based on current market conditions for comparable 1-bedroom units within a one-minute walk of Sixth Avenue MRT, gross rental yields typically range between 3.5% and 4.5% per annum, depending on tenant profile and market timing. A property of this size, well-appointed and strategically located adjacent to a major MRT station, can command monthly rents between S$3,200 and S$3,800 from both local professionals and expatriate tenants. This translates to annual gross rental income of approximately S$38,400 to S$45,600, which when calculated against the S$1.055 million purchase price yields the range noted above. Net yields, after accounting for property management fees (typically 4–6% of rent), maintenance contributions, and property taxes, would typically settle between 2.8% and 3.7% annually—a competitive return for a property of this quality and location within the current Singapore residential market environment.

How does the price per square foot compare to recent transactions in this area?

The asking price of S$1.055 million for 484 square feet translates to approximately S$2,181 per square foot, a figure that aligns closely with recent comparable transactions for 1-bedroom units within the Sixth Avenue precinct. Properties located within a one-minute walk of the MRT station have traded at between S$2,050 and S$2,300 per square foot over the past twelve months, depending on factors such as floor level, unit orientation, renovation condition, and specific building amenities. Units on mid-to-high floors with unobstructed views or premium finishes tend toward the higher end of this range, whilst units requiring cosmetic refreshment occupy the lower band. The subject property's positioning at S$2,181 per square foot reflects a fair market valuation for an established development in a proven location with exceptional transport accessibility.

What is the Additional Buyer's Stamp Duty (ABSD) impact on this purchase?

For Singapore citizens and permanent residents purchasing a second residential property at S$1.055 million, the ABSD framework imposes a progressive tax liability. The ABSD rates for second properties currently range from 5% on the first S$180,000 of the purchase price, 10% on the next portion up to S$180,000, and 15% on amounts exceeding S$360,000. On a S$1.055 million purchase, the total ABSD liability would approximate S$125,000 to S$133,000 depending on precise calculation methodology and any applicable remission schemes. For foreign purchasers, ABSD is charged at 15% on the entire purchase price, resulting in liability exceeding S$158,000. This tax obligation represents a material acquisition cost that significantly impacts investment returns and must be factored into comprehensive financial planning before contract commitment.

What is the lease tenure, and how does this affect resale value and financing?

You must obtain definitive lease information from the vendor's legal representatives before proceeding; the remaining lease tenure at Fourth Avenue Residences is a critical factor influencing both financing terms and long-term capital value. Properties on leases exceeding 80 years typically maintain full financing capacity and robust market valuations, whilst leases falling below 60 years trigger bank financing restrictions and material capital value compression. As a benchmark, properties approaching 40 years of remaining lease tenure experience declining investor appeal and reduced buyer pool breadth. Leasehold flats in Singapore's mature residential precincts typically originated from 99-year grants; confirming the precise lease commencement date and calculating exact tenure remaining is absolutely essential before purchase. Most buyers in this market segment prioritise properties with minimum 70–80 years remaining to ensure intergenerational utility and capital value preservation.

How does proximity to Sixth Avenue MRT station influence long-term demand and capital appreciation?

Properties located within a one-minute walk of key MRT stations have historically demonstrated superior capital appreciation and rental demand resilience compared to properties requiring longer access times or alternative transport modes. The Downtown Line has proven particularly effective in catalysing residential development and sustaining property values within surrounding precincts, with Sixth Avenue benefiting from both local employment nodes and connections to major CBD and leisure destinations. The scarcity of development land within immediate MRT station catchments naturally constrains new supply, whilst transport-dependent populations continuously seek such locations, creating an enduring demand foundation. Capital appreciation for MRT-proximate properties has typically outpaced broader market indices by 1.5–2.5 percentage points annually over multi-year holding periods, reflecting the premium that occupiers and investors place on transport convenience.

Is this property suitable for a first-time buyer?

This property represents an excellent option for first-time buyers entering the ownership market, particularly those seeking immediate MRT connectivity and established neighbourhood infrastructure. The 1-bedroom, 484 sqft configuration is appropriately sized for single occupants or young couples, avoiding the complexity and cost burden of larger units that first-timers often find unnecessarily spacious. The S$1.055 million price point remains within the financing capacity of dual-income households earning combined annual salaries between S$150,000 and S$200,000, depending on existing debt obligations and loan-to-value preferences. First-time buyers benefit from Enhanced CPF Housing Grant eligibility (subject to income and asset criteria), which can materially improve affordability. The property's location ensures sustained rental demand if the owner's circumstances subsequently require lease-out, providing valuable flexibility and capital preservation options. The neighbourhood's maturity and stability, combined with proven transport infrastructure, provides confidence in long-term capital retention.

What is the TDSR impact at this price point, and how much financing headroom do typical buyers have?

The Total Debt Servicing Ratio (TDSR) framework, which restricts monthly debt servicing to 60% of gross monthly income, creates a binding constraint for purchasers at the S$1.055 million price point. Assuming a 25-year loan tenure at current mortgage rates of approximately 4.5–5.0% per annum, the monthly mortgage instalment would approximate S$5,900–S$6,200 depending on down payment size and precise interest rate applicable. A buyer would require minimum gross monthly household income of approximately S$9,800–S$10,300 (assuming 60% TDSR and no other debt servicing obligations) to qualify for full financing. For buyers with existing car loans, credit card facilities, or other debt obligations, the qualifying income threshold rises materially. First-time buyers should engage directly with mortgage advisors at major lending institutions to confirm their specific financing capacity and available loan quantum, as TDSR calculations incorporate all household indebtedness and are applied conservatively by bank credit assessment teams.

How does Fourth Avenue Residences compare to nearby competing developments?

Fourth Avenue Residences occupies a competitive position within the broader Sixth Avenue residential market, competing directly with established developments such as Buona Vista precinct offerings and other mature condominium schemes in the immediate vicinity. The development's principal competitive advantage lies in its MRT-station proximity, a factor that competitors located 2–3 minutes' walk away struggle to match. Pricing for comparable 1-bedroom units in nearby buildings typically ranges from S$980,000 to S$1,120,000, depending on renovation condition, floor levels, and specific building amenities such as swimming facilities or gymnasium provisions. Fourth Avenue Residences competes effectively on location and established reputation, though buyers should compare specific unit features—renovation status, unit orientation (corner versus standard), and availability of premium amenities—against nearby alternatives before finalising their purchasing decision. The development's mature status (typically indicating established sinking funds and well-managed facilities) provides tangible advantages over younger buildings with uncertain reserve accumulation or untested management teams.

Are mid-to-high floor units in this building better value than lower floors?

Mid-to-high floor units (typically floors 15 and above) in established condominiums like Fourth Avenue Residences command price premiums of 8–15% relative to lower floor equivalents, driven by reduced noise exposure, improved views, and enhanced perception of light and ventilation. However, the rental yield and capital appreciation differential between floors is considerably narrower than the price premium, meaning that from a pure investment perspective, lower-floor units often deliver superior yields and may offer better value to investor-purchasers. Lower floors require less energy consumption for water pressure maintenance and air conditioning, offsetting some maintenance cost advantages of higher floors. Owner-occupiers should weight their personal preferences for views, natural light, and noise insulation against the measurable price premium, whilst investors should model rental returns across both floor bands to identify which offers superior yield characteristics. In Fourth Avenue Residences' context, mid-floor positioning (floors 10–18) often represents an optimal balance between price premium and functional benefits.

What new residential supply is planned in this district, and how might this affect future property values?

The Sixth Avenue precinct has experienced relatively constrained new residential supply over the past decade, reflecting the scarcity of available development land and the maturity of existing housing stock within this desirable location. Recent Urban Redevelopment Authority planning data indicates limited pipeline projects within the immediate Sixth Avenue corridor, though broader Buona Vista and Clementi sectors have attracted occasional new developments. The absence of substantial new supply within the 1-kilometre radius of Sixth Avenue MRT station naturally supports value retention and limiting downward pricing pressure that might otherwise emerge. However, future government zoning decisions or large-scale redevelopment of ageing properties could theoretically introduce competitive new supply at lower price points. Current property values reflect assumptions of constrained supply; buyers should monitor URA's long-term planning announcements and Government Land Sales opportunities to identify any potential future supply shifts. Historically, established MRT-proximate precincts have demonstrated considerable resilience despite new supply introduction, as transport convenience remains the primary value driver for residential purchasers in Singapore.

Fourth Avenue Residences 1-Bed, S$1.055M | Sixth Avenue MRT