Ultra-luxury Cuscaden Reserve sees new price high of $3,830 psf

Based on URA cautions, simply 10 caveats have actually been lodged at Cuscaden Reserve to date.

The week additionally saw an additional high-end project achieve a brand-new psf price high. An 829 sq ft, two-bedroom unit at Grange 1866 was promoted by the developer for $2.61 million ($3,145 psf) on June 23. This leaps over the previous entry which had actually been established by a 764 sq ft, two-bedroom unit. That unit brought $2.3 million ($3,007 psf) on May 29.

Cuscaden Reserve debuted its first personal previews in 3Q2019, and the initial deals were videotaped in September 2019. According to URA caveats, 3 units were offered that month. A 700 sq ft, one-bedroom unit on the 7th floor was sold for $2.33 million ($3,327 psf) on Sept 13, while 2 adjoining 926 sq ft, three-bedders on the fifth level were each cost $3.23 million ($3,489 psf) on Sept 14.

Over the week of June 20 to 24, the sale of a 1,163 sq ft, three-bedroom apartment at the upcoming Cuscaden Reserve has set up a new psf-price high in the ultra-luxury residence. The record-setting unit gets on the 26th floor as well as was marketed by the developer for $4.45 million ($3,830 psf) on June 24.

Cuscaden Reserve is an ultra-luxury plan on 8 Cuscaden Road in prime District 10. It has a 99-year leasehold tenancy. The project is by Singapore property developer SC International Developments and two Hong Kong-listed estate business, New World Development and also Far East Consortium. The 28-storey property development makes up a mix of one- to four-bedroom units that vary from 700 to 2,099 sq ft.

New Port Residences condo price

The development was at first introduced for sale in April 2021, and also according to URA signs, 2 units were offered that month. They were a 527 sq ft, one-bedroom unit that was cost $1.45 million ($2,743 psf) on April 15, as well as a 764 sq ft two-bedder that was negotiated for $2.06 million ($2,692 psf) on April 17.

The 192-unit development is situated in among the most distinctive residential areas in Singapore. It lies an additional ultra-luxury plan, the 54-unit Park Nova on Tomlinson Road, while the 154-unit Blvd 88 can be discovered on neighboring Orchard Blvd. Accomplished property developments in the local area consist of The Regent Hotel Singapore, St Regis Hotel Singapore and St Regis Residences.

This is slightly more than the former record which had been established by the sale of a 936 sq ft, two-bedroom unit that is additionally on the 26th floor. This unit was offered by the developer for $3.58 million ($3,826 psf) on Sept 23, 2021.

These two deals are the only two developer sales at the project up until now this annum.

Grange 1866 is a store, 60-unit condo on Grange Road in prime District 10. The property is a redevelopment of the prior iLiv@Grange. The brand-new property is anticipated to be accomplished by the end of 2026. The property comprises a single 16-storey domestic block on a 20,322 sq ft, estate site. The unit mix contains one-bedders and two-bedders that range from 527 to 1,012 sq ft.