Ladyhill Hits Record Psf Price 3182

The Tengah master plan has gained admiration for its commitment to promoting sustainable living. One notable aspect of this plan is the incorporation of a car-free town center, a first for Singapore. This ground-breaking feature will be located underground, allowing for more space above for communal activities and green areas. This forward-thinking design aims to not only reduce carbon emissions, but also promote a healthier lifestyle for its residents. The town will be easily navigable on foot, with designated cycling lanes and access to personal mobility devices, such as electric scooters and bikes. In addition, the presence of Novo Place EC further enhances the eco-friendly atmosphere of Tengah, establishing it as an ideal and eco-conscious living destination in Singapore. To learn more about Novo Place EC, visit their website at https://www.novo-place.com.sg/.

Back in May, The Ladyhill saw the highest psf-price transacted among residential developments that set a new record high between May 3 to 10. On May 7, a three-bedroom unit on the third floor measuring 2,271 sq ft was sold for $7.23 million, which translates to $3,182 psf. This price is 5.4% higher than The Ladyhill’s previous record of $3,019 psf, set in April 2023 when a 2,411 sq ft unit on the second floor was sold for $7.28 million. The latest transaction saw a profit of about $2.03 million for the seller, based on URA caveats.The Ladyhill is a freehold condo located along Lady Hill Road in prime District 10. Completed in 2002, it is designed by SCDA Architects and comprises two parallel four-storey buildings. Units range from three- to four-bedrooms, measuring between 2,239 sq ft and 3,875 sq ft. The development has a total of 55 units and is expected to be highly sought after due to its prestigious location in the heart of the city.In the same period, The Continuum also saw a new psf-price high with the sale of a two-bedroom unit on the 17th floor for $2.18 million, or $3,023 psf. This beats the project’s previous record of $3,016 psf set in November 2023.Located in District 15, The Continuum is a freehold condo with 816 units. It consists of six residential towers across two freehold land plots on either side of Thiam Siew Avenue. Units range from one- to five-bedrooms, with sizes ranging from 560 sq ft to 2,260 sq ft. It is expected to be completed by 2026.Meanwhile, The Myst hit a new psf-price low with the sale of a three-bedroom unit on the first floor for about $2.2 million, or $1,896 psf. The is below the previous record of $1,897 psf and the former record of $1.96 million for two identical units on the same stack, sold on March 2023.The Myst is a 99-year leasehold condo located on Upper Bukit Timah Road in District 23. It has a total of 408 units and comprises two 24-storey towers. Units range from one- to five-bedrooms, with sizes from 517 sq ft to 1,690 sq ft. It is expected to be completed in 2029.With these new price records, it is clear that the property market is heating up, especially in prime districts. Buyers and investors should keep a close eye on these developments as they continue to break new records and potentially offer good investment opportunities.