Grand Dunman achieves new price peak of $2,994 psf
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The sale of a two-bedroom apartment at Grand Dunman topped the list of condo transactions that set new psf-price highs over the week of Jan 6 to 13. The 667 sq ft unit on the 16th floor was sold by the developers for $1.998 million, at $2,994 psf, on Jan 10.
This edges above the previous psf-price peak that was set at Grand Dunman in May 2025, when a unit of a similar size on the 17th floor fetched a price tag of $1.99 million, translating to $2,985 psf. In terms of absolute price, a 2,217 sq ft, five-bedroom apartment on the 17th floor holds the record, after it was sold for $5.79 million, at $2,610 psf, in November last year.
The new psf-price high at Grand Dunman comes with the sale of a 667 sq ft unit for $1.998 million on Jan 10 (Photo: Samuel Isaac Chua/ EdgeProp Singapore)
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Grand Dunman is a 1,008-unit condo located on Dunman Road in District 15. The 99-year leasehold development features one- to five-bedroom units measuring from 452 sq ft to 2,217 sq ft, alongside five- and six-bedroom penthouses of up to 3,068 sq ft. The units are spread across seven 18-storey blocks.
Grand Dunman was launched for sale in July 2023, with the developers selling 550 units, or over 54%, during the launch weekend, making it one of the best-selling new launches that year.
Slated to obtain its temporary occupation permit around 2028, the condo has now sold 88% of its units, or 886 units, at an average price of $2,521 psf, based on caveats lodged as of Jan 21.
The condo will have five strata-title commercial units on the first level, offering amenities to residents. Dakota MRT Station on the Circle Line is a two-minute walk away, while Kong Hwa School is within 1km of the condo. Other schools nearby include Chung Cheng High School (Main), Tanjong Katong Primary School, Tanjong Katong Girls’ School and Dunman High School.
Meanwhile, Ardor Residence also saw its highest psf-price during the week in review. An 861 sq ft single-bedder on the third floor was sold by developers for $2.22 million, or $2,582 psf, on Jan 11. This is marginally higher than the development’s prior record set in September last year, upon the sale of a 1,292 sq ft, four-bedroom apartment on the third floor for $3.33 million, or $2,578 psf.
An 861 sq ft unit at Ardor Residence was sold by developers at $2,582 psf on Jan 11 (Photo: Nanshan Group)
The freehold boutique condo recorded its highest absolute price in April 2025, when a 1,518 sq ft four-bedder on the third floor was sold for $3.81 million, at $2,510 psf. Thus far, 27, or 77%, of the 35 units at Ardor Residence have been sold since its launch in March 2024.
Located at 181 Haig Road in District 15, Ardor Residence comprises a single five-storey block housing two-bedroom-plus-study to four-bedroom-plus-study units measuring 861 to 1,776 sq ft. The freehold condo is expected to be completed later this year. The condo is located close to Tanjong Katong Primary School, while Tanjong Katong Secondary School, Tankong Katong Girls’ School, Haig Girls’ School and Chung Cheng High School are also nearby. Amenities at I12 Katong Mall, Katong Shopping Centre and Katong V are within walking distance.
Another development that set a new psf-price high for the week in review is Forest Woods. On Jan 8, a 1,281 sq ft, four-bedroom apartment on the ninth floor changed hands for $3.1 million, or $2,420 psf. The deal also represents the highest absolute price transacted at the condo thus far.
In terms of psf-price, the sale on Jan 8 surpasses the previous record of $2,331 psf that was set in August last year when a 1,238 sq ft four-bedder on the 10th floor changed hands for $2.89 million. Overall, the condo saw 25 resale transactions in 2025 at an average price of $2,060 psf. This is higher than the year prior, where 29 units changed hands at a mean price of $2,025 psf.
The 519-unit Forest Woods saw a 1,281 sq ft unit change hands at $2,420 psf (Photo: Serangoon Green)
Completed in 2020, the 519-unit Forest Woods is situated in District 19, along Lorong Lew Lian. The 99-year leasehold condo has seven 12-storey blocks, offering layouts from one-bedroom-plus-study units measuring 506 sq ft, to five-bedroom penthouses spanning 2,185 sq ft.
Read also: Goodwood Grand lands new high of $2,934 psf
The development is within walking distance of Serangoon MRT and bus interchanges, which are connected to the shopping mall Nex. It is also close to several schools, including Paya Lebar Methodist Girls’ School — Primary and Secondary, Yangzheng Primary School, St Gabriel’s Secondary School and Zhonghua Secondary School.
There were no project lows recorded for the week.
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