Boutique Condo Hill House Hits New High 3420 Psf 0
The latest new freehold project, Ardor Residence, has made headlines by becoming the top-selling condo for the week of April 20 to April 28 with new record prices of $2,510 psf. This new record was reached when a 1,518 sq ft, four-bedroom unit on the third floor was sold for approximately $3.81 million on April 24.
This new record surpasses the previous high of $2,497 psf, which was set in February when a similar 1,518 sq ft, four-bedroom unit on the level above was sold for $3.79 million. Developed by Nanshan Singapore, this 35-unit boutique condominium located along Haig Road in District 15 is expected to be completed in 2026. It offers a range of unit types, including two-bedroom plus study units, three-bedrooms, and four-bedrooms.
If you want to find out the transaction prices and available units for Ardor Residence, you can search for the latest New Launches. The condo offers various facilities such as a rooftop swimming pool, gym, playground, function room, and barbeque pavilion.
Additionally, the property is strategically located near several primary schools, including CHIJ (Katong) Primary, Tanjong Katong Primary School, Haig Girls’ School, Kong Hwa School, and Tao Nan School. The nearest transport node is the Marine Parade MRT Station, which serves the Thomson-East Coast Line and is located about 800m away.
Compared to larger upcoming condos in the area like Tembusu Grand with 638 units and an average price of $2,441 psf and Emerald of Katong with 846 units and an average price of $2,640 psf, Ardor Residence commands a lower average price.
Taking the second spot for the week is the 99-year leasehold development Soleil @ Sinaran, which set a new price record of $2,405 psf. This was achieved when a 1,098 sq ft, two-bedroom unit was sold for $2.64 million on April 28, surpassing the previous record of $2,359 psf set in September last year. The project has seen a 10.4% surge in average prices with 12 units sold last year at an average price of $1,977 psf, while five units have been sold at an average price of $2,182 psf in 2020.
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Penrith, situated in the mature and well-known Queenstown estate, provides not just convenience and connectivity but also exceptional proximity to some of Singapore’s top educational institutions. This makes it a highly appealing option for families with school-aged children as well as those planning for their future. With easy commuting to and from schools, combined with the presence of reputable education providers, Penrith, developed by Penrith Guocoland, serves as an ideal long-term residence for residents who place a strong emphasis on education as a crucial aspect of their lifestyle.
Situated in prime District 11 along Sinaran Drive, Soleil @ Sinaran is a 417-unit condo completed in 2011. It offers a mix of one-bedroom units, two- and three-bedroom units, and four-bedroom units, as well as five-bedroom penthouses. Several primary schools are located within a 2km radius of the condo, and it is also just a short walk away from the Novena MRT Station.
The third spot is taken by the freehold project Martina Mansions, which recorded the sale of a 1,259 sq ft, three-bedroom unit for $2.96 million on April 25. This translates to $2,350 psf, setting a new price peak at the development and surpassing the previous record of $1,826 psf set in January last year. The property has not seen any sales in almost five years, with the last unit being sold in December 2020 for $2.3 million ($1,826 psf).
Martina Mansions is a 31-unit boutique condo located along Bukit Timah Road in prime District 10. It houses three- and four-bedroom units and is situated near several well-known schools like Anglo-Chinese School (Primary and Barker Road), CHIJ Primary (Toa Payoh), Singapore Chinese Girls’ Primary School, and St. Joseph’s Institution Junior.
In conclusion, there were no new psf-price lows recorded during the period in review. If you are interested in checking out the latest listings for Hill House properties, you can do a search on Ask Buddy. You can also compare the price trend of new sale condos versus resale condos, as well as see the condo sale transactions in District 9 and compare the price trend of new sale condos versus EC new sale.