Resale Parc Clematis Sets Psf Price High 2575

for you.SUMMARYThe latest week saw Parc Clematis, Tiara, and Dormer Park achieving new psf-price highs. Parc Clematis topped the list with a resale transaction of a 1,044 sq ft unit for $2.69 million, while Tiara set a new record with a 1,346 sq ft unit sold for $3.3 million. Dormer Park saw a two-bedroom unit sold at a record psf-price of $2,181.

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Parc Clematis leads the way as latest deals push psf-prices to new highsParc Clematis has emerged as the top non-landed private property in terms of reaching a new psf-price peak during the week of July 11 to 18. The latest transaction involved the sale of a resale unit on the 19th floor, with a psf price of $2,575. This surpasses the development’s previous high of $2,490, which was set just last month. The sale of the 1,044 sq ft, three-bedroom unit on July 14 fetched a total of $2.69 million.The number of transactions at Parc Clematis has been steadily increasing since its completion in 2023. To date, there have been 48 transactions in 2025, with the units transacted at an average price of around $2,153 psf. This is expected to rise further as demand for residential properties in prime locations continues to increase.Read also: District 15 record prices top $4,680 psfAdvertisementTiara, a freehold condo located along Kim Seng Walk in District 9, also saw a new psf-price high during the period in review. A 1,346 sq ft unit on the third floor was sold for $3.3 million on July 18, setting a new record of $2,453 psf for the development. This transaction surpassed the previous record set in February last year, where a similar unit on the 24th floor was sold for $3.28 million, or $2,438 psf.Tiara is a 35-storey condo development that was completed in 1995, and it offers a mix of two- and three-bedroom units measuring between 893 sq ft and 1,561 sq ft. The development is located just 500m away from Great World MRT Station, and within proximity to amenities such as Zion Riverside Food Centre and Great World City shopping mall. Schools such as Alexandra Primary and River Valley Primary are also within a 1km radius.Similarly, Dormer Park also achieved a new psf-price high during the period in review. A 1,238 sq ft two-bedroom unit was sold for $2.7 million or $2,181 psf on July 17. This sale surpassed the previous record of $2,079 psf, set in June this year for a four-bedroom unit measuring 2,465 sq ft.Completed in 1993, Dormer Park is a freehold development comprising 92 residential units, with a mix of two- to four-bedroom apartments. It is among a cluster of high-end condos along Jervois Road, such as the 109-unit Mon Jervois and the 108-unit Jervois Lodge. The development is also within the vicinity of the Bishopsgate-Chatsworth Good Class Bungalow enclave.The latest transactions at Parc Clematis, Tiara, and Dormer Park are an indication of the robust demand for private properties in prime locations. With the strong performance of these developments, it is expected that psf-prices will continue to rise in the coming months.