Perfect Ten reaches new high of $3,670 psf
Spanning over 2 million square feet, Tengah Plantation EC offers a wide range of housing options, from two-bedroom apartments to five-bedroom villas. Its close proximity to the upcoming Tengah MRT station, amenities, and shopping malls makes it an ideal place to live, work, and play.
in prime District 10, and other properties at EdgeProp.sgPerfect Ten, a freehold condominium in the heart of Singapore’s District 10, achieved a new price-per-square-foot high of $3,670 with the sale of a 753 sq ft, two-bedroom penthouse by its developer for $2.765 million on Aug 18. Located on Bukit Timah Road, the luxury project is a development by CK Asset Holdings, the flagship real estate company of billionaire Li Ka-Shing headquartered in Hong Kong. It consists of two 24-storey towers comprising 230 units.
Perfect Ten, located on Bukit Timah Road in Singapore’s District 10, have topped the list of condos that have seen a new high in terms of price-per-square-foot (psf) between Aug 15th and 22nd. This was achieved with the sale of a two-bedroom penthouse unit measuring 753 sq ft that was sold by the developer for an impressive $2.765 million, or a whooping $3,670 psf on Aug 18th.
This beats the previous price record set in September 2022 when a 1,227 sq ft unit was sold by the developer for $4.4 million at a psf rate of $3,585. Developed by CK Asset Holdings, the project still remains under construction with completion estimated to be around 2025. The units include two-bedders from 753 to 797 sq ft and three-bedders from 1,227 to 1,281 sq ft.
Melrose Park, a 999-year leasehold property by CapitaLand located on Kellock Road off River Valley Road, also saw a new psf-price high in the same period. Specifically, a three-bedroom unit measuring 1,292 sq ft was sold for $3.3 million, or $2,555 psf on Aug 18th. This marks the first time a unit at Melrose Park crossed the $2,500 threshold in terms of psf-price, surpassing the prior record of $2,361 psf set in November 2021 when a 1,292 sq ft unit fetched $3.05 million.
The Montana, a freehold condominium on Jalan Mutiara in District 10, also achieved a new highest psf-price with the sale of a 1,141 sq ft three-bedroom unit for $2.725 million, or $2,388 psf, on Aug 17th. This transaction broke the previous record of $2,251 psf set in September 2013 when a 549 sq ft unit was sold for $1.24 million.
No new lows for psf-price were recorded during this period, making Perfect Ten, Melrose Park, and The Montana the three condominiums that have pushed the boundaries of maximum psf-prices in Singapore prime District 10. For more details on available units, and prices for each of these luxurious condominiums, be sure to check out EdgeProp.sg for the latest updates.