Robust sales at Leedon Green continue to push up prices; new high at $3,081 psf

The most up to date resale at Nomu is the only device to have transformed hands until now this year. In 2014, only 3 units were sold on the secondary market at prices from $1.11 million ($2,344 psf) for a 474 sq ft, one bedder on April 16, to $2.3 million ($2,075 psf) for a 1,109 sq ft, two-bedroom-plus-study device on Dec 9.

Beside Nomu is the upcoming Haus on Handy where 2 nearby one-bedroom devices were sold at rates that set a new reduced for the advancement. Both 527 sq ft units were cost costs of $1.47 million ($2,571 psf) each, according to caveats lodged at the end of June.

Based on URA caveats so cautions this much, buyers have purchasers have actually up units at Leedon Green since environment-friendly considering that launched in January 2020. The programmer marketed close to 100 systems over the past six months.

It makes up seven 12-storey blocks, with one- to four-bedroom units of 474 to 2,680 sq ft.

Nomu is one of five boutique advancements along Handy Road. Following to Nomu is the upcoming Haus on Handy, which by the way is the only condominium to set a new psf rate reduced throughout the week.

A musician impact of the upcoming Haus on Handy, which saw a brand-new record low of $2,571 psf.

New designer sales at Leedon Green continue to push up psf rates at the property condo. The current to set a new high was a 700 sq ft, two-bedroom unit on the seventh floor that was transacted for $3,081 psf or $2.16 million on June 27. This is likewise the highest psf rate among all condos for the week of June 24 to 30.

Based upon caveats over the past 12 months, the ordinary asking price at the condo has to do with $2,660 psf. The 188-unit development has seen its take-up price rise because the start of the year, from a cumulative take-up price of 26% in January to 52% since May.

The previous record at Leedon Green, which had been set on June 18, was for a 614 sq ft, two-bedroom device on the ninth flooring that was sold for $1.87 million ($3,049 psf). This deal was reported by EdgeProp Singapore on June 30.

When Haus on Handy was launched in July 2019, its sales weekend on July 6 and also 7 saw units sold for between $2,830 psf and also $2,904 psf. However, based on URA cautions, the last time a device at Haus on Handy brought greater than $2,800 psf remained in November 2020 when a 743 sq ft, two-bedroom device was cost $2.09 million ($2,818 psf).

New programmer sales at Leedon Green continue to push up psf costs at the estate condominium. The newest to set a new high was a 700 sq feet, two-bedroom device on the 7th flooring that was negotiated for $3,081 psf or $2.16 million on June 27. A 1,389 sq feet, three-bedroom device fetched $2,513 psf or $3.49 million on June 28. This is higher than the previous document set by the sale of a 474 sq ft, one-bedroom unit for $1.16 million ($2,449 psf) in March 2018.

Copen Grand CDL

This durable speed of sales has led the record psf price at the apartment to enhance from $2,934 psf for a 1,044 sq ft device sold on March 8 this year, to the brand-new record of $3,081 psf on June 27.

Next to Nomu is the upcoming Haus on Handy, which by the way is the only apartment to establish a brand-new psf price low throughout the week.

This is partially less than the previous record low, which involved the sale of a 603 sq ft, two-bedroom device for $1.56 million ($2,588 psf) on March 7.

A new psf-price high was likewise accomplished at Nomu, a store 50-unit growth along Handy Road in Dhoby Ghaut in prime District 9. A 1,389 sq ft, three-bedroom unit fetched $2,513 psf or $3.49 million on June 28. This is higher than the previous document established by the sale of a 474 sq ft, one-bedroom unit for $1.16 million ($2,449 psf) in March 2018.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *