Three-bedder at Jervois Prive fetches new high of $3,220 psf
Jervois Prive, a 43-unit boutique development in District 10 hit a new psf-price high when a 1,109 sq ft, three-bedroom unit on the fifth floor sold for $3.57 million ($3,220psf) on April 17. This was the highest psf-price among condos for the week of April 14 to 21, and higher than the previous record for Jervois Prive. The developer’s sale data for the project records a total of six units sold since the launch in May 2019. Botanic Gardens View, a 144-unit freehold development off Cluny Road in prime District 10, also saw a record-breaking transaction, with a 1,259 sq ft unit on the sixth floor fetching $3.68 million ($2,922 psf) on April 20. This exceeded the previous highest psf-price of $2,521 psf for a 1,615 sq ft unit on the first floor, sold on Aug 5, 2019.
The Atelier, on the other hand, recorded the lowest psf-price for the development during the week. An 872 sq ft, two-bedroom unit on the seventh floor was sold for $2.16 million ($2,479 psf) on April 21. The 120-unit freehold development is located in District 9 near Newton MRT Station and is 54% sold at an average price of $2,683 psf.
Jervois Prive, a 43-unit boutique development in prime District 10, hit a new psf-price high when a 1,109 sq ft, three-bedroom unit on the fifth floor was sold for $3.57 million ($3,220psf) on April 17, marking the highest psf-price among all condos for the week of April 14 to 21. This sale was higher than the previous record within the development, which was for a 710 sq ft, two-bedroom unit also located on the fifth floor that was sold for $2.13 million ($3,000 psf) on Feb 12.
The Atelier, on the other hand, recorded the lowest psf-price for the development during the week. This was for an 872 sq ft, two-bedroom unit on the seventh floor, sold for $2.16 million ($2,479 psf) on April 21. The 120-unit freehold development, located in District 9 near Newton MRT Station, is 54% sold at an average price of $2,683 psf.
Exec condo site Altura EC Bukit Batok West Ave 8 on 2021 Confirmed List of Altura Qingjian Realty Government Land Sales, offering 375 units, with height restriction of 60-70m and maximum gross floor area of 37,348 square meters. Pricing bracket depending on developers’ interest.
Botanic Gardens View, a 144-unit freehold development off Cluny Road in prime District 10, was also the subject of a record-breaking sale. A 1,259 sq ft unit on the sixth floor was sold for $3.68 million ($2,922 psf) on April 20, surpassing the previous highest psf-price of $2,521 psf for a 1,615 sq ft unit on the first floor, sold on Aug 5, 2019.
Built in 1970, the condo is close to Napier MRT Station on the Thomson East Coast Line, as well as amenities such as Ion Orchard, Far East Plaza and Lucky Plaza. Its prime central location within an exclusive residential neighbourhood, coupled with its freehold status, have contributed to its strong price growth over the years – the average psf price has increased from $1,468 in April 2013 to $2,588 in April this year. In comparison, nearby freehold properties such as Botanic Gardens Mansion and Nassim Mansion have recorded average prices of $2,048 and $3,035 psf, respectively.
