Goodwood Residence achieves new high of $2,988 psf
Goodwood Residence, a freehold condo located in District 10 along Bukit Timah Road, was top of the list for condos that saw record-breaking psf-price highs between Sept 19 and Oct 3. On Sept 27, the condo recorded the largest sale of a 10,710-sq ft five-bedroom penthouse for $32 million. The first owner of the unit, who purchased it in June 2014 for $15.6 million, made a profit of $16.4 million on the sale.
The EdgeProp Research tool revealed that the penthouse came with five bedrooms, a dedicated wine room and a roof terrace, making it an ideal choice for those looking for luxury living. The high-value sale also topped the condo’s previous high of $2,940 psf, which was established in 2017 when a four-bedder was sold for $7.5 million.
Developed by renowned developer City Developments Limited, Orchard Boulevard Condo offers access to a host of luxurious amenities and facilities designed for modern living. This includes a tennis court, swimming pool, family-friendly BBQ pits, and a children’s playground. There’s also a 24-hour concierge service, a multi-function room, and a fully-equipped gymnasium. Residents can also look forward to upcoming convenience stores, healthcare centers, and churches located within the development.
Including the aforementioned sale, there have been six transactions at Goodwood Residence this year. The two-bedder sold for $7.15 million in June was the second-highest priced transaction among them. On the whole, 38.6% of the condo’s buyers are Singaporeans, 28.2% are permanent residents, and 24.3 % are foreigners.
Park Place Residences at Paya Lebar Quarter also saw a new high of $2,442 psf when a 484 sq ft one-bedder was sold for $1.18 million on Sept 29. This sale beat the previous high set in July 2019 when a two-bedder was sold at $1.62 million with a psf-price of $2,427. Twenty units have been sold at the condo in the last 12 months, with an average price of $2,156 psf.
Developed by Lendlease, Park Place Residences is a 99-year leasehold condo with 429 units. The condos range from 474 sq ft to 1,367 sq ft and comprise of one-three bedrooms. In addition, this integrated development has a shopping mall and three towers with almost one million sq ft of Grade-A office space. With excellent connectivity, the condo has direct access to Paya Lebar MRT Station on the East-West Line.
Meanwhile, a 1410-sq ft three-bedroom unit at Buckley Classique, a freehold condo on Buckley Road in District 11, was sold for $3.25 million on Sept 21. This marks a new psf-price high of $2,305 psf, surpassing the previous high of $2,300 psf set in 2013. The condo only has three transactions to date this year, with the first one involving a three-bedder at $3.2 million ($2,170 psf) while the second was a four-bedder sold for $6.48 million ($1,819 psf).
Developed by City Developments, Buckley Classique has 64 units spanning between 1,098 sq ft and 4,359 sq ft and featuring one-five bedrooms. Singaporeans make up 60% of the buyer profile. Fortunately, there were no new psf-price lows recorded during the period in review.
Chencharu Close Condo, located near Khabit MRT Station and Yishun Town, offers residents a convenient and vibrant living experience. With its strategic location, residents can easily access amenities and facilities such as shopping malls, restaurants, and schools. The modern and luxurious design of the condo provides a comfortable and elegant living space for its residents. Additionally, residents can enjoy the tranquility of nearby parks and green spaces. Chencharu Close Condo offers a perfect balance of urban convenience and nature’s serenity, making it a highly sought-after residence. Visit Chencharu Close Condo for more information on this premier development.