New Reporter
04-08-23, 10:37
Four-bedder at The Grange sold for new high at $3,155 psf
July 28, 2023
https://i.imgur.com/CKfCMMr.jpg
The condos that ranked in the top five (in terms of highest psf price achieved) of our Project Highs & Lows table for the week of July 7 to 18 share some similarities: they are boutique developments (fewer than 100 units), have a freehold tenure and are located in prime District 10.
At the top of the league for the period is The Grange, where the sale of a 2,282 sq ft, four-bedroom unit achieved a new high of $3,155 psf when it changed hands for $7.2 million, according to a caveat lodged on July 10.
The 95-unit, freehold The Grange is located on Grange Garden, just off Grange Road. Developed jointly by Wing Tai Asia, MCL Land and AIG Real Estate, The Grange comprises twin 23-storey towers. It was launched for sale in 2005 and completed in 2008.
This is also the first time that a unit at The Grange crossed the $3,000 psf threshold since the project was first launched in 2005.
The previous owner of the 11th-floor unit purchased it at launch for $3.35 million ($1,469 psf) in September 2005. Hence, prices have more than doubled in that time.
Before this recent transaction, the previous high at the 23-storey The Grange was for a 1,765 sq ft three-bedder that changed hands for $5 million ($2,832 psf). The 18th-floor unit last traded for $4.41 million ($2,500 psf) in a sub-sale in October 2007.
The Grange, which is located just off Grange Road, will benefit from its proximity to the Orchard Boulevard MRT Station on the Thomson-East Coast Line.
Another condo that recorded a new high was Loft @ Holland. The 41-unit, boutique freehold apartment block was developed by Oxley Holdings. The five-storey development was completed in 2014, and is located a short walk from the Holland Village MRT Station on the Circle Line.
The units at Loft@Holland are predominantly compact one-bedroom apartments of 323 to 366 sq ft, and the project was sold out within three months of its launch in January 2011. Average price of units sold at launch was $1,950 psf, based on caveats lodged.
The new high achieved at Loft@Holland was for a 323 sq ft one-bedder on the fourth-floor that changed hands for $868,888 ($2,691 psf), according to a caveat lodged on July 12. This unit had previously sold for $800,000 ($2,477 psf) in May 2016.
The previous high achieved at Loft@Holland was just last month, when another 323 sq ft one-bedder on the fourth floor fetched $845,000 ($2,617 psf), according to a caveat lodged on June 28.
More at: https://www.edgeprop.sg/property-news/four-bedder-grange-sold-new-high-3155-psf
July 28, 2023
https://i.imgur.com/CKfCMMr.jpg
The condos that ranked in the top five (in terms of highest psf price achieved) of our Project Highs & Lows table for the week of July 7 to 18 share some similarities: they are boutique developments (fewer than 100 units), have a freehold tenure and are located in prime District 10.
At the top of the league for the period is The Grange, where the sale of a 2,282 sq ft, four-bedroom unit achieved a new high of $3,155 psf when it changed hands for $7.2 million, according to a caveat lodged on July 10.
The 95-unit, freehold The Grange is located on Grange Garden, just off Grange Road. Developed jointly by Wing Tai Asia, MCL Land and AIG Real Estate, The Grange comprises twin 23-storey towers. It was launched for sale in 2005 and completed in 2008.
This is also the first time that a unit at The Grange crossed the $3,000 psf threshold since the project was first launched in 2005.
The previous owner of the 11th-floor unit purchased it at launch for $3.35 million ($1,469 psf) in September 2005. Hence, prices have more than doubled in that time.
Before this recent transaction, the previous high at the 23-storey The Grange was for a 1,765 sq ft three-bedder that changed hands for $5 million ($2,832 psf). The 18th-floor unit last traded for $4.41 million ($2,500 psf) in a sub-sale in October 2007.
The Grange, which is located just off Grange Road, will benefit from its proximity to the Orchard Boulevard MRT Station on the Thomson-East Coast Line.
Another condo that recorded a new high was Loft @ Holland. The 41-unit, boutique freehold apartment block was developed by Oxley Holdings. The five-storey development was completed in 2014, and is located a short walk from the Holland Village MRT Station on the Circle Line.
The units at Loft@Holland are predominantly compact one-bedroom apartments of 323 to 366 sq ft, and the project was sold out within three months of its launch in January 2011. Average price of units sold at launch was $1,950 psf, based on caveats lodged.
The new high achieved at Loft@Holland was for a 323 sq ft one-bedder on the fourth-floor that changed hands for $868,888 ($2,691 psf), according to a caveat lodged on July 12. This unit had previously sold for $800,000 ($2,477 psf) in May 2016.
The previous high achieved at Loft@Holland was just last month, when another 323 sq ft one-bedder on the fourth floor fetched $845,000 ($2,617 psf), according to a caveat lodged on June 28.
More at: https://www.edgeprop.sg/property-news/four-bedder-grange-sold-new-high-3155-psf