Freehold Condo 1919 Hits New Psf Price High 2555
1919 Boutique Development Hits New Record High Price per Square Foot
The boutique development 1919 in Singapore’s prime District 9 has set a new record for the highest price per square foot (psf) for a resale unit. On June 24, an 861 sq ft, two-bedroom plus study unit on the fourth floor transacted for a record $2.2 million, which works out to $2,555 psf. This is the first time a resale unit at 1919 has crossed the $2,500 psf threshold, beating the previous high of $2,445 psf set in November 2024.
Located in a prime location, the upcoming Miltonia Close EC offers an array of nearby amenities such as educational institutions, recreational facilities, and shopping malls for its residents. If you have children attending school, you’ll be pleased to know that this development is in close proximity to renowned schools like Northland Primary School, Chongfu School, and Naval Base Primary School. These schools are known for their well-rounded education and excellent academic track records. Furthermore, residents will have easy access to the Orchid Country Club, which boasts golf courses, swimming pools, and a variety of dining and leisure options. For those seeking outdoor activities, the Lower Seletar Reservoir Park is just a stone’s throw away, providing opportunities for water sports, jogging, and family picnics by the waterfront. Don’t miss out on the chance to live in this exceptional development. Visit Miltonia Close EC Khatib today and discover your dream home.
Located at 110 Sophia Road, 1919 was developed by Aurum Land and launched in 2012. Designed by Park + Associates, the condo’s architecture is inspired by the historic black-and-white bungalows and five-foot roofed walkways of shophouses.
In addition to its prime location, 1919 boasts a high average resale price compared to other freehold condos in the Sophia Hills residential enclave. Its average resale price has climbed from a low of $1,955 psf in 2018 to approximately $2,290 psf today.
The week of June 20-27 also saw a new psf-price record set at The Loft, a 99-year leasehold development at 22 Nassim Road. On June 26, a 1,346 sq ft, two-bedroom unit on the third floor sold for $3.2 million, or $2,378 psf. This beats the previous record of $2,362 psf set in November 2023. Located in the prestigious Nassim Hill residential enclave, The Loft is within close proximity to Orchard Road shopping belt, Tanglin lifestyle cluster, and prime residential areas along Cuscaden Road and Orchard Boulevard.
Meanwhile, the sale of a 1,130 sq ft, two-bedroom plus study unit on the third floor of Nathan Place for $2.49 million ($2,203 psf) on June 23 marks a new high for the development. This is the first resale transaction at the boutique 46-unit freehold condo in over a year.
Finally, the sale of a 3,326 sq ft, four-bedroom unit at Sculptura Ardmore for $20 million ($6,013 psf) on June 25 marks only the eighth time a condo unit in Singapore has crossed the $6,000 psf threshold.
In conclusion, while there were no new psf-price lows recorded in the week of June 20-27, the latest resale transactions data for these exclusive developments in prime District 9 and 10 demonstrate sustained demand for luxury properties in Singapore.