Country Grandeur Hits New High 2115 Psf
Recent Trends in Singapore’s Condo Market
The Singapore real estate market has seen some noteworthy transactions recently, with several condominiums setting new price records. Among these, the sale of a three-bedroom unit at Country Grandeur stands out. This 1,442 sq ft apartment on the ninth floor was sold for $3.05 million on November 17, marking a new high at $2,115 per square foot for the development.
In comparison to new developments like the Miltonia Close EC, established properties like Country Grandeur continue to attract buyers with their unique offerings and strategic locations. This shows a robust demand in both new and resale segments of the market.
Record-Breaking Sale at Country Grandeur
Country Grandeur, a freehold condominium located in District 20, achieved a significant milestone with its latest transaction. This sale surpassed the previous record of $2,011 per square foot, attained by another unit of the same size in early November. The development, completed in 1996, consists of 68 three-bedroom units and is conveniently situated near the Bright Hill MRT station and various amenities including Ai Tong School and MacRitchie Reservoir.
Whistler Grand Reaches New Heights
Another notable transaction occurred at Whistler Grand, where a 990 sq ft, three-bedroom unit on the 26th floor was sold for $2.05 million, or $2,070 per square foot, setting a new record for the development. Located in District 5, this 99-year leasehold property comprises two 36-storey towers and offers a range of units from one to five bedrooms. Its proximity to Clementi MRT Station and local malls adds to its appeal.
Peak Prices at Symphony Heights
Also making headlines was Symphony Heights in Bukit Batok, where a three-bedroom apartment measuring 1,539 sq ft fetched $2.98 million or $1,933 per square foot on November 17. This sale set a new high for the development, surpassing the previous record set by a two-bedroom unit earlier this year. Symphony Heights, completed in 1998, includes six blocks and is close to the upcoming Hume MRT station and The Rail Mall.
The transaction trends in these condominiums illustrate the sustained interest and confidence in Singapore’s property market, with both new developments and older estates seeing significant activity and price increases.