The boutique project Jervois Prive set a new psf-price highest for the project when a 1,109 square feet 3-bedroom unit located on the fifth floor was purchased to the highest bidder for $3.57 millions ($3,220psf) on the 17th of April. This was the highest price of a condo for the period from April 14-21. The psf value of the three-bedroom unit is more than the previous record set at Jervois Preve. This was for 710 square feet, two-bedroom apartment, located situated on the 5th floor that was purchased at $2.13 million ($3,000 per square foot) on Feb 12.
J’Den at Jurong East Central is perfectly positioned to become a major economic gateway for Singapore.
Jervois Prive It is an intimate development with 43 units. It is the first project by property developer Midas Land. The freehold condo is located on Jervois Road in prime District 10. The area is characterized by Chatsworth Park Good Class Bungalow Area and luxury homes along Jervois Road. Schools nearby are Alexandra Primary School, Crescent Girls’ School and Queenstown Secondary School. Jervois Prive offers a variety of one to three bedroom homes that range from 549 to 1,389 sq feet. It went on sales in May 2019. Based on data from the developer’s sales provided by URA The project has already sold 6 units so far.
Other freehold condominiums nearby comprise Jervois Meadows and Dormer Park which are both situated in Jervois Road. Both were constructed in the mid 1990s and units that were sold recently have sold for $1,776 and $1,873 per square foot, in the respective cases.
According to URA cautions The most expensive unit per unit at Jervois Prive currently is a 1,389 sq feet three-bedder. The unit was sold through Jervois Prive’s developer at $3.91 million ($2,817 per square foot) on June 6, 2019.
The second-highest psf-price this week was the resale for a 1,259 square foot space located on the sixth floor of Botanic Gardens View. The unit was sold to the buyer for $3.68 million ($2,922 per square foot) on the 20th of April. The previous record price for psf for the unit was one of the units measuring 1,615 square feet located on the top floor, which sold for $4.07 million ($2,521 per sq ft) on August 5, 2019. This unit is also among the most expensive condo on the market in terms of the total selling price.
Botanic Gardens View is a freehold development of 144 units located off Cluny Road in prime District 10. Built in 1970, the condominium is located situated on Taman Serasi. It is located near Napier MRT Station on the Thomson East Coast Line. It is close to amenities like Ion Orchard, Far East Plaza and Lucky Plaza. It is also close to RafThe fles Girls’ Secondary School as well as Botanic Gardens.
The building has units that range from 1,259 to 1,755 square feet. The condominium’s central location in a prestigious residential area in addition to its freehold status, have been a major factor in its rate of growth in the last few years.
The median cost was $1,468 in April 2013 and was up to $2,588 per square foot in April of this year. For comparison to nearby freehold properties like Botanic Gardens Mansion and Nassim Mansion have had median prices that range from $2,048 or $3,035 per sq ft, respectively.
However, the deal that brought the lowest price for psf within the condo in the week was 872 square feet of two-bedroom apartment located on the seventh floor of The Atelier. It was purchased at $2.16 million ($2,479 per square foot) on the 21st of April. The Studio is located in Makeway Avenue in prime District 9. The Atelier was officially launched in March 2021. the 120-unit freehold development has been 54% sold for an average of $2,683 per square foot, according to caveats filed. It is situated near Newton MRT Station on the Downtown and North-South Lines. The nearby school and facilities include Anglo-Chinese Schools (Junior), LaSalle College of the Arts (Winstedt Campus) and Newton Food Centre.
The property has a variety of one-to four-bedroom homes that range from 549 to 1,496 sq feet.