Coastline Residences hits new high of $3,119 psf

EdgeProp Singapore

November 17, 2021



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 Oct 30 to Nov 5.

Highest psf prices

Coastline Residences hit a new high in terms of psf price when a 710 sq ft, two-bedroom unit on the 20th floor was sold for $2.22 million, or $3,119 psf, on Nov 2.

The freehold development, located on Amber Road in District 15, last hit a new-high psf price on Oct 7, when another 710 sq ft, two-bedroom apartment located on the 19th floor was sold for $2.18 million, or $3,062 psf.

Coastline Residences has 144 units housed in twin 21-storey blocks. The project is developed by SL Capital, a consortium led by Sustained Land, as well as Ho Lee Group, Goodland Group and Kwong Lee. Coastline Residences is a redevelopment of the former Parkway Mansion, which SL Capital had purchased en bloc for $146.99 million in December 2017.



Read more at: https://www.edgeprop.sg/property-new...-high-3119-psf