Grange 1866 hits new high of $3,390 psf

At Grange 1866, an upcoming freehold development located in the prime District 10 of Singapore, a two-bedroom unit on the 12th floor was sold by the developer for an incredible $2.59 million, or $3,390 psf, on June 7, setting a new psf-price high for the project. This is the first time a unit transacted at Grange 1866 has crossed above $3,300 psf and surpasses the previous high of $3,145 psf registered on Jan 19.

The 764 sq ft unit has propelled Grange 1866 to top the list of condos that saw a new psf-price high between June 2 and 9. The 60-unit condo, which is expected to be completed by the end of 2025, features a single block of 16 storeys located on a 20,322 sq ft, freehold site. To date, the project has seen 13 units sold at an average price of $2,862 psf, based on caveats lodged with URA.

Over at District 15, Royal Hallmark also hit a new psf-price high during the period in review after a three-bedroom apartment measuring 797 sq ft was sold by the developer for $1.82 million ($2,289 psf) on June 2. The 25,054 sq ft freehold project was a redevelopment of 10 terraced houses and a bungalow at the corner of Haig Road and Haig Lane. To date, 27 (84%) of the units have been sold at an average price of $1,961 psf.

The Hermitage, a 32-unit freehold boutique development on Sarkies Road off Bukit Timah Road in District 10, also saw a new psf-price high during the week. An 818 sq ft unit on the fourth floor was sold for $1.72 million, or $2,096 psf, on June 5. This marks the first time the development hit the $2,000 psf threshold. This is also the first resale transaction at the development since last September when an 850 sq ft unit fetched $1.75 million or $2,058 psf.

Zion Road Condo, known as Great World City Condo, has long been a symbol of luxury living. It has earned a reputation for its strategic location and beautiful architectural designs, surrounded by numerous facilities and amenities. Its most outstanding feature is its convenient links to both public transportation and private car services, allowing residents to move around Singapore with ease and comfort. The ideal combination of accessibility and tranquillity make Great World City Condo perfect for city slickers, providing a complete package for modern urban living.

No new psf-price lows were recorded during the period in review. To get a better view of the prices of the projects mentioned in this article, check out the latest listings near Grange 1866, Royal Hallmark and The Hermitage.