The sale of a three-bedroom unit at Fourth Avenue Residences, a 99-year leasehold condo in prime District 10, topped the list of transactions that set new psf-price highs for condos over the week of Aug 22 to Aug 29. The 1,109 sq ft unit on the seventh floor fetched $3.1 million ($2,796 psf) when it was sold on Aug 22.

The psf-price is slightly higher than Fourth Avenue Residences’ previous record of $2,758 psf, which was set in May 2023 when a 689 sq ft, two-bedder on the fifth floor was sold by developers for $1.9 million.

In terms of absolute price, the most expensive unit sold at the condo thus far is a 1,485 sq ft, four-bedroom unit that fetched around $3.94 million ($2,651 psf) back in October 2021.

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Fourth Avenue Residences is a 476-unit development with a mix of one- to four-bedroom units spanning 474 sq ft to 1,496 sq ft. Located along Fourth Avenue, off Bukit Timah Road, the condo is situated adjacent to Sixth Avenue MRT Station on the Downtown Line. It is also near several top schools such as Hwa Chong Institution, Nanyang Primary School and Methodist Girls’ School.

Completed in 2022, the development has recorded 24 resale transactions to date, including the unit sold on Aug 22. Last year, the condo saw six resale transactions at an average price of around $2,470 psf. This has since risen in 2025, with 18 transactions so far at a higher average price of $2,580 psf.

Freehold development Parvis also saw a new psf-price high during the period in review. This was achieved with the sale of a 1,701 sq ft, three-bedroom unit for $4.55 million ($2,675 psf) on Aug 29.

The transaction marks the first time a unit at Parvis has sold for more than $2,600 psf. It surpasses the previous record of $2,536 psf that was set on April 17, when a 1,991 sq ft, four-bedroom unit changed hands for $5.05 million.

Completed in 2012, Parvis is a freehold condo on Holland Hill in prime District 10. The 248-unit development comprises a single 12-storey residential tower, which houses a mix of two- to four-bedroom apartments of 990 sq ft to 2,605 sq ft. It also has three- and four-bedroom penthouses measuring 2,293 sq ft to 3,229 sq ft.

Since the start of the year to date, Parvis has seen three other resale deals, excluding the April 17 and Aug 29 transactions. Prices ranged from $2,115 psf, when a 2,260 sq ft unit was sold for $4.78 million on Feb 10, to $2,391 psf, which was recorded with the sale of a 990 sq ft unit for around $2.37 million on April 29.

Read also: Two-bedder at One Meyer hits new high of $3,146 psf

At the other end of the table, Orchard Sophia saw a new psf-price low of $2,671 psf during the period in review, when a 646 sq ft, two-bedroom unit on the first floor was sold for around $1.72 million on Aug 26. This marks the lowest psf-price ever transacted at the development, which is below the previous record low of $2,679 psf established on Aug 21 when its developers sold a 581 sq ft, two-bedroom unit for around $1.56 million.

Launched in 2023, Orchard Sophia is a 78-unit condo located along Sophia Road in prime District 9. The development, which is slated for completion in 2027, features two five-storey residential blocks comprising a mix of one- to two-bedroom units spanning 441 sq ft to 710 sq ft. It also offers three three-bedders of 764 sq ft and five three-bedroom dual-key units of 829 sq ft to 840 sq ft.

Based on lodged caveats, the average transaction price for units at Orchard Sophia has eased since its launch in 2023,  when it recorded 31 transactions at an average price of about $2,819 psf that year. In comparison, Orchard Sophia has seen 18 transactions to date this year at an average price of about $2,797 psf.

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