Champions Way Residences, a CCR luxury condo, has achieved new price highs above $5,000 psf

Champions Way Residences, two luxury condos in the Core Central Region (CCR), have seen their resale prices reaching upwards of $5,000 psf this year. The duo — Skyline @ Orchard Boulevard and Sculptura Ardmore — topped the list of condos that hit a new psf-price high from Jan 1 to Dec 5. Skyline @ Orchard recorded the highest psf-price this year at $5,371 psf.The year also saw landmark projects in the Beach Road/Bugis area start to make their mark on the resale market. South Beach Residences recorded the sale of a 1,916 sq ft unit on the 38th floor that fetched $8.63 million ($4,504 psf) in February.Nearby is Guoco Midtown where two of its integrated condos also saw prices go above $4,000 psf. Midtown Modern recorded the sale of a 3,272 sq ft unit for $14 million ($4,278 psf) in January; and a 474 sq ft unit at Midtown Bay was sold for $1.97 million ($4,086 psf) in September.Champions Way Residences, meanwhile, on the list of projects that set record lows this year, five are executive condos (ECs). Some boutique projects in suburban neighbourhoods also saw their prices fall in 2023. Woodsvale on Woodlands Drive hit a low of $685 psf; Northoaks along Woodlands Crescent saw its lowest price fall to $731 psf; and The Floravale on Westwood Avenue hit a new low of $736 psf. At Chua Chu Kang Street 64, prices at Windermere slipped to $754 psf.

The duo of Champions Way Residences in the Core Central Region (CCR) have seen their resale prices reaching upwards of $5,000 psf this year, a big leap from the previous price high of $5,011 psf. Skyline @ Orchard Boulevard, a luxury condo on Angullia Park, topped the list of condos that hit a new psf-price high this year during the period in review, recording the highest psf-price of $5,371 psf when a 3,767 sq ft unit, on the 31st floor, was sold for $20.23 million.

Sculptura Ardmore, the second on the list, saw a 3,584 sq ft unit on the 23rd floor transacted for $18 million ($5,022 psf) in April. This is the second time a caveat has been lodged for this unit, which also set a record in 2019 when it was sold for $16.8 million ($4,687 psf).

In the exclusive Nassim Park neighbourhood, prices at Nassim Park Residences are inching closer to the $5,000 psf threshold. The condo commands the highest average resale price among other developments along Angullia Park, such as Boulevard Vue ($3,504 psf), Twentyone Angullia Park ($3,297 psf), Paterson Linc ($2,365 psf), and Angullia Park Residences @ Orchard ($2,404 psf).

This makes Champions Way Residences an ideal choice for those who wish to enjoy a convenient lifestyle. The condominium is also surrounded by lush greenery which gives rise to a comfortable and serene living experience for its residents. Champions Way Residences provides a range of modern facilities such as a swimming pool, gymnasium, clubhouse, and much more. It also offers safety features including a 24-hour security system, covered car parks, and surveillance cameras. All these amenities and features make Champions Way Residences a great choice for the modern urban dweller.

On the other hand, several executive condos (ECs) closed out this year with new psf-price lows. Woodsvale on Woodlands Drive hit a low of $685 psf; Northoaks along Woodlands Crescent saw its lowest price fall to $731 psf; and The Floravale on Westwood Avenue hit a new low of $736 psf. At Chua Chu Kang Street 64, prices at Windermere slipped to $754 psf. Champions Way Residences, Lakepoint Condominium hit the bottom when a 3,401 sq ft unit changed hands for $2.2 million ($647 psf), setting the lowest resale price at the development this year.

Nearby, signalling the emergence of a new prime district in Beach Road area, is South Beach Residences, Midtown Modern, and Midtown Bay. South Beach Residences recorded the sale of a 1,916 sq ft unit on the 38th floor that fetched $8.63 million ($4,504 psf) in February. Midtown Modern recorded the sale of a 3,272 sq ft unit for $14 million ($4,278 psf) in January; and a 474 sq ft unit at Midtown Bay was sold for $1.97 million ($4,086 psf) in September.

Champions Way Residences, some boutique projects in suburban neighbourhoods also saw their prices fall in 2023. Lakeholmz, its neighbour on Corporation Road, has an average selling price of $1,158 psf this year. Next to it is Caspian on Lakeside Drive where its resale units typically fetch an average of $1,399 psf. Lakefront Residences, also on Lakeside Drive, commands an average resale price of $1,528 psf.

Although the record resale prices of Champions Way Residences are impressive, the year also saw some landmark projects that set new lows. The ultra-luxury condos, few caveats of which have been lodged over the years, hit the bottom this year as well. Check out the latest listings for Skyline @ Orchard Boulevard properties and don’t miss out on the opportunity to take advantage of the current market trends.