River Valley condo Aspen Heights sets new record price of $2,492 psf
Aspen Heights topped the list of apartments and private condos that set new psf-price records between March 17 and 22. The 999-year leasehold project recorded a new psf-price peak of $2,492 psf when a 1,324 sq ft, three-bedroom unit on the fifth floor fetched $3.3 million on March 17.
The new record marks a 0.28% increase over the development’s previous price high of $2,485 psf, set just weeks earlier on Feb 26, when another 1,324 sq ft unit — also on the fifth floor — was sold for $3.29 million.
However, in terms of absolute price, a 3,143 sq ft duplex penthouse on the 16th floor was the most expensive unit to change hands at Aspen Heights thus far. The penthouse fetched $5.35 million ($1,702 psf) in a May 2021 transaction.
Completed in 1998, Aspen Heights has a total of 606 units housed in two Y-shaped, 16-storey residential blocks. It offers a mix of two- to five-bedroom units spanning 883 to 3,197 sq ft.
Completed in 1998, Aspen Heights has a total of 606 units housed in two Y-shaped, 16-storey residential blocks (Photo: Samuel Isaac Chua/EdgeProp Singapore)
Located along River Valley Road in prime District 9, the development is close to several lifestyle hubs, including the Robertson Quay area, Great World, the Orchard Road shopping belt and Fort Canning.
Four units have changed hands at Aspen Heights this year, including the units sold on Feb 26 and March 17. The other two units that were transacted were a 1,119 sq ft two-bedroom unit that was sold for $2.53 million ($2,263 psf) on Feb 12 and a 1,572 sq ft three-bedder that fetched $3.73 million ($2,370 psf) on Jan 5.
Meanwhile, Casa Jervois took second place among condos that hit a new psf-price high during the period in review, achieving a new price record of $2,215 psf. The record-setting price came from the March 17 resale of a 1,593 sq ft, three-bedroom apartment on the second floor for $3.53 million.
Casa Jervois hit a new high of $2,215 psf following the sale of a 1,593 psf unit for $3.53 million on March 17 (Photo: Google Street View)
The latest transaction unseats the previous price record of $2,103 psf that was set in April last year when a smaller 1,227 sq ft, three-bedder was sold for about $2.58 million.
Lodged caveats show that the three-bedroom unit that was sold on March 17 was the first one to change hands at Casa Jervois this year. To date, it is also the most expensive unit by absolute price transacted at the development. The former record was held by a 1,593 sq ft, three-bedroom unit on the fourth floor that was sold for $3.2 million ($2,009 psf) in June 2024.
Located along Jervois Road in prime District 10, Casa Jervois is a freehold development completed in 1990. The boutique condo has 31 apartments housed in a single four-storey building, featuring a mix of one- and three-bedroom units of 743 to 1,722 sq ft.
Situated within a cluster of condos close to the Jervois Hill and Mount Echo Park landed residential enclaves, the development is also near educational institutions such as Gan Eng Primary, Queenstown Secondary and Crescent Girls’ schools.
Rounding off the top three condos to see new price peaks during the period in review is 8@Woodleigh. The 99-year leasehold project reached a new price high of $2,004 psf with the sale of a 1,098 sq ft, three-bedroom unit on the third floor for $2.2 million on March 18.
The new record marks the first time the development has crossed the $2,000 psf threshold. It surpasses the previous record of $1,984 psf that was set last June when a 398 sq ft, one-bedroom unit on the second floor changed hands for $790,000.
The March 18 transaction represents the fourth unit at 8@Woodleigh to be sold this year. The other three transactions comprised the sales of: a 1,335 sq ft unit for $2.5 million ($1,873 psf) on Jan 21; an 840 sq ft unit for $1.6 million ($1,906 psf) on March 9; and a 1,098 sq ft unit for $2.18 million ($1,981 psf) on March 16.
8@Woodleigh is a 330-unit development located on Woodleigh Close, off Upper Serangoon Road in District 13. The development was completed in 2012 and is within a five-minute walk from Woodleigh MRT Station on the North-East Line.
8@Woodleigh is a 330-unit development located on Woodleigh Close, off Upper Serangoon Road in District 13 (Photo: EdgeProp Singapore)
Prices at 8@Woodleigh have seen a steady increase over the past two years. In 2025, the condo logged an average price of $1,883 psf across 12 resale transactions, caveats show. This is 3.7% higher than the average price of $1,816 psf recorded across 11 resale deals the year before. Based on the four units sold so far this year, prices at 8@Woodleigh have averaged $1,939 psf.
No new psf-price lows were recorded during the period in review.
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