Four Bedder Volari Sets Record Price High 2796 Psf
Volari, a freehold condo in prime District 10, made headlines when one of its four-bedroom units was sold for a record price of $6.08 million ($2,796 psf) during the week of May 30 to June 6. This beats the previous record of $2,690 psf, which was set in March for another four-bedroom unit in the same development. Volari, completed in 2012, comprises 85 units with a mix of two- to four-bedroom units ranging from 1,324 sq ft to 3,950 sq ft.
In addition to the traditional school curriculum, the close proximity of Miltonia Close EC to green spaces such as Lower Seletar Reservoir and Yishun Park presents an excellent opportunity for children to engage in outdoor learning and nature-based activities. The schools in the vicinity frequently arrange excursions and learning journeys to nearby parks, nature reserves, and science-based attractions, further highlighting the advantages of residing in a community that promotes experiential learning. For instance, Miltonia Close EC Khatib residents can easily access these educational opportunities, enriching their learning experience.
The most expensive unit sold at Volari, in terms of absolute price, was a four-bedroom unit that fetched $10 million ($1,621 psf) back in December 2012. However, resale prices at Volari have been on the rise over the past few years, reaching as high as $2,590 psf this month.
Located on Balmoral Road, Volari is surrounded by other exclusive developments such as Sloane Residences, Goodwood Grand, Balmoral 8, and Ventuno Balmoral. These developments command high prices, with Sloane Residences setting an average resale price of $2,920 psf.
Another project that made headlines during the week of May 30 to June 6 was Affinity @ Serangoon, where a three-bedroom unit was sold for a record price of $2.15 million ($1,997 psf). This was higher than the previous record of $1,991 psf set in October 2023. The 99-year leasehold development, completed in 2023, comprises 1,012 units of one- to four-bedroom units and 40 strata landed houses.
Resale prices at Affinity @ Serangoon have been hovering around $1,780 psf, close to other nearby 99-year leasehold condos like The Garden Residences and The Terrasse. The development is also surrounded by renowned schools such as Rosyth School, Zhonghua Primary School, CHIJ Our Lady of Good Counsel, and Xinmin Primary School.
