JUST SOLD: Luxury condo unit in district 10 sold above $3,600 psf

By Tan Chee Yuen / The Edge Property | January 21, 2016 5:51 PM SGT
A 1,744 sq ft unit at Ardmore Three was sold in December 2015 for $6.44 million, or $3,690 psf.
Based on historical transactions, prices at Ardmore Three remained fairly resilient above $3,000 psf since its launch in 2012 as compared to market trend.
Ardmore Three is a luxury condominium development in prime district 10. It was developed by Wheelock Properties and completed in 2014. The freehold property is located within walking distance from Orchard Road shopping belt.
Historical transactions at Ardmore Three
Contract date
Area (sq ft)
Transacted Price ($)
Unit Price ($ psf)
22-Dec-15
1,776
5,442,550
3,064
4-Dec-15
1,744
6,435,350
3,690
19-Jun-15
1,776
5,886,250
3,281
10-May-13
1,776
6,189,300
3,485
7-Jan-13
1,776
5,709,600
3,215
17-Oct-12
1,798
5,679,900
3,160

Source: URA, The Edge Property

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