Archive for category: Misc

Located at the junction of Sloane Street and Nathan Road, the freehold project comprises 162 units ranging in size from 743 sq ft to 3,006 sq ft. It is located in the former Nassim Park area, which is a neighbourhood populated by several other luxury condos such as The Nassim, Le Tengah Plantation EC Nouvel Ardmore, Parkwood Residences, and the upcoming Park House. UA new psf-price high was achieved at 19 Nassim on Jan 4, when a 538 sq ft, one-bedroom unit was sold for $2.09 million ($3,876 psf). This project, a redevelopment of its former project, Nassim Woods, is located within the exclusive Nassim Road residential enclave. This transaction is the first time that units at the project were sold for more than $3,800 psf, based on submitted URA caveats.

At the same time, One Bernam saw a new psf-price high set when a 441 sq ft, one-bedroom unit was sold by the developers for $1.45 million ($3,295 psf) on Jan 16. This figure trumped the previous high that was set by the sale of another 441 sq ft one-bedder for $1.4 million ($3,168 psf) on Nov 10, 2022. Located at 1 Bernam Street in Tanjong Pagar area in District 2, the development is about 40% sold as of end-December 2022.

Meanwhile, Sloane Residences in prime District 10 hit a new psf-price low when a 1,249 sq ft, three-bedroom unit was sold by the developers for $3.15 million ($2,526 psf) on Jan 7. This transaction follows the recent psf-price low of $2,664 psf set on Dec 16. The developer also moved three other units at Sloane Residences on Jan 7, including a pair of neighbouring 743 sq ft two-bedders that fetched $1.97 million and $1.93 million, as well as a separate 1,249 sq ft, three-bedroom unit that was sold for $3.23 million.

19 Nassim is a luxury 101-unit condo by Keppel Land and lies next to the Interpol Global Complex and in the vicinity of Singapore’s embassy row along Napier Road. The condo is also close to the Singapore Botanic Gardens, Gleneagles Hospital, Tanglin Mall, and the Orchard Road shopping belt. Nearby transport nodes include the newly operational Napier and Orchard Boulevard MRT Stations on the Thomson-East Coast Line.

The only new development within close proximity of One Bernam is Sky Everton on Everton Road. That freehold 262-unit project was launched in May 2021 and is nearly fully sold, clocking 99% sales as of end-December 2022. The average selling price at Sky Everton is about $2,859 psf, whereas One Bernam’s average price is about $2,543 psf.

The Sloane Residences project, jointly developed by Tiong Seng Holdings and Ocean Sky International, is now fully sold and attained its temporary occupation permit last November. It comprises 162 units ranging in size from 743 sq ft to 3,006 sq ft and is located at the junction of Sloane Street and Nathan Road. The neighbourhood is populated by several other luxury condos such as The Nassim, Le Nouvel Ardmore, Parkwood Residences, and the upcoming Park House.

In summary, 19 Nassim achieved a new psf-price high when a 538 sq ft, one-bedroom unit was sold for $2.09 million ($3,876 psf) on Jan 4. Meanwhile, One Bernam saw a new psf-price high when a 441 sq ft, one-bedroom unit was sold for $1.45 million ($3,295 psf). Lastly, Sloane Residences hit a new psf-price low when a 1,249 sq ft, three-bedroom unit was sold for $3.15 million ($2,526 psf).