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View Full Version : Juniper Hill hits new high of $3,028 psf



reporter2
21-03-22, 10:51
Juniper Hill hits new high of $3,028 psf

EdgeProp Singapore

March 18, 2022

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SINGAPORE (EDGEPROP) - In this column, we look at condominium projects that have achieved new highs in terms of psf prices and those that have seen new lows. This is based on URA Realis data for the period of Feb 28 to March 6.

Highest psf price

The highest transaction recorded on a psf basis was for a 700 sq ft unit at Juniper Hill. The two-bedroom unit located on the ninth floor was sold for $2.12 million, or $3,028 psf, on Feb 28.

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Juniper Hill is a freehold development currently under construction in District 10’s Bukit Timah-Tanglin enclave. Developed by Allgreen Properties, which is part of the Kuok Group, Juniper Hill has 115 units housed in a 12-storey tower.

Juniper Hill is slated to get its TOP (temporary occupation permit) in 2Q2022. To date, 39% of its units have been taken up, with an average price of $2,752 psf, based on caveats lodged. The property is within walking distance of Stevens MRT Station along the Downtown Line. It is also a five-minute drive away from Orchard Road.

Watermark Robertson Quay is another development that saw a new psf price high, after a 1,324 sq ft unit changed hands for $2.88 million, or $2,175 psf, on March 3. The unit sold is a three-bedder which comes with a study room and is located on the ninth floor. It was previously purchased in November 2012 for $2.25 million, or $1,699 psf.

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Located in District 9, Watermark Robertson Quay was completed in 2008 and comprises 206 freehold units. It was developed by Hong Leong Holdings. The property is a 14-minute walk to the upcoming Havelock MRT Station on the Thomson-East Coast Line.

Read more at: https://www.edgeprop.sg/property-news/juniper-hill-hits-new-high-3028-psf