Nassim 9, a high-end freehold advancement on Nassim Road in prime District 10, hit a new rate high of $3,272 psf, topping the list of condominiums that tape-recorded new psf-price highs during the week of Oct 27 to Nov 5.
The new high at Nassim 9 complies with the sale of a four-bedroom device for $11.2 million on Oct 27. The 3,423 sq ft house had actually been purchased by the seller for $6.8 million ($1,987 psf) in October 2009, indicating the vendor reaped a gain of $4.4 million on the transaction. The sale marks the highest rate negotiated at the advancement on both psf and absolute bases.
Prior to this, one of the most recent purchases at Nassim 9 occurred in April 2012 when a 3,143 sq ft device cost $8.8 million ($2,800 psf), which likewise noted the previous psf- and absolute-price highs for the condo.
Nassim 9 is a shop deluxe growth that was completed in 2002. It has just eight systems, housed in a four-storey building. Situated in the exclusive Nassim Road residential territory, the development is a brief stroll to both Tanglin Mall and also the Orchard Roadway shopping belt, in addition to the Singapore Botanic Gardens and Pullman Residences. It is also within strolling range of the Orchard Blvd MRT Terminal on the Thomson-East Coastline Line, which opened up on Nov 13.
Royal green additionally hit a brand-new psf-price high adhering to the sale of a 721 sq ft, two-bedroom device for $2.17 million, or $3,003 psf, on Oct 27. This beats the previous high of $2,974 psf established in April when a 775 sq ft unit was marketed by the programmer for $2.31 million. It also notes the first time a purchase at the advancement has actually gone across the $3,000 psf threshold.
Royal Green is a freehold development located on Anamalai Avenue, off Bukit Timah Road, and Sixth Avenue in prime Area 10. Developed by Allgreen Feature, it belongs to the programmer’s Bukit Timah Collection, which likewise consists of the 476-unit Fourth Avenue Residences on 4th Opportunity and the 115-unit Juniper Hillside on Ewe Advantage Roadway. Royal green was completed last year and also has a total amount of 285 units throughout eight 5- storey blocks.
Units make up two- to four-bedroom apartments that determine from 635 sq ft to 1,475 sq ft.
The job is a seven-minute walk to the Sixth Opportunity MRT Station on the Midtown Line. It is additionally less than a 10-minute drive to leading colleges such as Hwa Chong Establishment, Raffles Girls’ Primary School, Nanyang Primary School, National Junior University as well as Methodist Girls’ College.
The Site is another development that hit a new psf-price high, when a one-bedder measuring 495 sq ft brought $1.32 million, or $2,668 psf, on Nov 4. The unit, located on the 26th floor, was bought by the designer. The deal goes beyond the previous high of $2,660 psf clocked on Sept 15 with the sale of a 495 sq ft device for $1.32 million.
The Spots is a 99-year leasehold development on Chin Swee Road, adjacent to Pearl Hillside City Park in District 3’s Outram area. It is a job by a consortium comprising MCC Singapore, SSLE Development, and also ZACD Team. Slated for completion in 2025, the task comprises 396 residences composed of one to three-bedroom systems, with dimensions ranging from 495 to 1,141 sq ft similar to Pullman Residences Balance Unit.
The job was introduced for sale in November 2020, with 110 systems (28%) sold at an ordinary cost of $2,250 psf throughout its launch weekend break. Ever since, 204 units (52%) have actually been taken up at an ordinary rate of $2,227 psf, based on caveats lodged since Nov 15. No brand-new psf-price lows were taped throughout the week.