Launched at the end of 2021, Cairnhill 16 hasn’t enjoyed the best of starts. For those who haven’t yet heard, it is a freehold boutique condominium, with just 39 units offered. As the name suggests, this is within the prestigious private enclave of Cairnhill Rise.
Fourth Avenue Residences is one of the three sites that developer Allgreen Properties purchased during the en bloc spree. Except that this was the only one that was a Government Land Sale (GLS) site that they won with a bid of $553 million or $1,540 psf ppr.