PDA

View Full Version : Grange 1866 hits new high of $3,390 psf



New Reporter
23-06-23, 16:48
Grange 1866 hits new high of $3,390 psf

June 23, 2023

https://i.imgur.com/K8QQxUE.jpg

Upcoming freehold development Grange 1866 topped the list of condos that saw a new psf-price high between June 2 and 9 with the sale of a 764 sq ft unit for $2.59 million, or $3,390 psf, on June 7. The two-bedroom unit on the 12th floor was sold by the developer and this is the first time a unit transacted at Grange 1866 has crossed above $3,300 psf. It beats the previous high of $3,145 psf registered on Jan 19 when an 829 sq ft unit fetched $2.61 million.

Located on Grange Road in prime District 10, Grange 1866 is a 60-unit condo developed by Grange 1866 Pte Ltd. Grange 1866 features a single block of 16 storeys located on a 20,322 sq ft, freehold site. Units comprise one- and two-bedroom apartments between 527 and 1,012 sq ft. The condo is expected to be completed by the end of 2025. To date, the project has seen 13 units sold at an average price of $2,862 psf, based on caveats lodged with URA.

Royal Hallmark, located on Haig Lane in District 15, also hit a new psf-price high during the period in review. This comes with the sale of a three-bedroom apartment measuring 797 sq ft by the developer for $1.82 million ($2,289 psf) on June 2, surpassing the previous high of $2,237 psf set last December when a 797 sq ft unit was sold for $1.78 million.

The project is a redevelopment of 10 terraced houses and a bungalow on a 25,054 sq ft, freehold site at the corner of Haig Road and Haig Lane. The developer of Royal Hallmark is a consortium made up of companies linked to Terence Goon, group CEO and managing director of furnishing company Nobel Design; Patrick Kho, group managing director of Lian Huat Group; and David Ong and Von Lee of 2E Capital.

More at: https://www.edgeprop.sg/property-news/grange-1866-hits-new-high-3390-psf