SINGAPORE (EDGEPROP) - In this column, we look at condominium projects that have achieved new highs in terms of psf prices and those that have seen new lows. This is based on URA Realis data for the period of Dec 31, 2021 to Jan 7, 2022.
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Juniper at Ardmore scored a new psf price high during the week, when a 3,520 sq ft unit changed hands for $10.25 million on Jan 5. This translates to a psf price of $2,912. The seller had previously purchased the unit for $7 million, or $1,989 psf, in April 2017.
The unit sold is a four-bedroom apartment located on the second floor of the 22-storey freehold residential tower. Developed by MCL Land, the property, situated along Ardmore Park in District 10, was completed in 1991.
Juniper at Ardmore has a total of 20 units with sizes ranging between 2,197 and 6,684 sq ft. It is located within walking distance to the Orchard Road shopping belt. Nearby malls include Shaw Centre, Orchard Towers and Palais Renaissance.
Cavenagh House is a freehold development that reached a new psf price high. On Jan 3, a 1,636 sq ft unit was sold for $3.21 million, or $1,961 psf.
Cavenagh House is a 14-storey freehold block located along Clemenceau Avenue near the Cairnhill enclave in District 9. Built in 1971, it has a total of 46 units.
The development is within walking distance of amenities such as the Newton MRT Station, an interchange for the Downtown and North-South Lines, and the Newton Food Centre. The malls of Orchard Road are just a short drive away.
For the week, the 99-year leasehold Uptown @ Farrer was the only project to see a new low in terms of psf price.
On Jan 5, a 1,948 sq ft unit was sold for $3 million, or $1,540 psf. The four-bedroom unit, which comes with an additional study area, is located on the fourth floor of a 24-storey block.
This new low supersedes the previous low of two months ago, when a three-bedroom unit was sold for $1.92 million or $1,619 psf on Oct 26, 2021.
Developed by listed construction and property development company Low Keng Huat, Uptown @ Farrer is a mixed use development comprising 116 residential units in a 21- storey tower; an 18-storey block with 240 serviced apartments, managed by CapitaLand under its co-living brand Lyf; and a four-storey podium with seven strata shops.
Located on Perumal Road in District 8, Uptown @ Farrer is within walking distance of Farrer Park MRT Station on the NorthEast Line and Little India MRT Interchange Station for the NorthEast and Downtown Lines. It is also close to amenities such as City Square Mall, Serangoon Plaza and Mustafa Centre.
Check out the latest listings near Juniper at Ardmore, Cavenagh House, Uptown @ Farrer, Newton MRT Station, Farrer Park MRT Station, Little India MRT Interchange Station