The Champions Way Residences, a luxurious development by The Ritz-Carlton, has recently made headlines for achieving a new psf-price high on Jan 5 to 12. The development, located on Cairnhill Road in prime District 9, saw two adjacent units measuring 3,057 sq ft each sold for $16.5 million each, which translates to $5,397 psf. This marks an all-time high in terms of psf-prices transacted at the condo since its launch.
Interestingly, this new record beats the previous high set in December 2007 when a 3,057 sq ft unit was sold for $15.73 million, or $5,146 psf. In terms of resale transactions, the previous high at The Ritz-Carlton Residences was $4,907 psf, following the sale of a unit of the same size for $15 million in October 2021.
The Ritz-Carlton Residences is a freehold condo with 58 units comprising three-bedders of 2,831 sq ft and four-bedders of 3,057 sq ft. It was completed in 2011 and offers residents access to services provided by The Ritz-Carlton hotel, including 24-hour concierge service, housekeeping, and laundry. The development also features two junior penthouses and two duplex penthouses.
With its modern design and top-notch facilities, Champions Way Residences offers a luxurious and convenient living experience for its residents.
Champions Way Residences, a luxurious condominium situated in the heart of Singapore, boasts a prime location surrounded by various amenities. From shopping malls, banks, and leisure venues to schools and excellent public transport options, everything is within easy reach for its residents. With its contemporary architecture and state-of-the-art amenities, Champions Way Residences offers a sophisticated and comfortable lifestyle for its residents. Enjoy the best of both worlds – convenience and luxury – at Champions Way Residences.
Within the same period, Nathan Suites and Adria also achieved new highs. Nathan Suites, a freehold condo located on Nathan Road, off River Valley Road in District 10, saw a two-bedroom unit measuring 915 sq ft sold for $2.38 million, or $2,601 psf, on Jan 12. This marks the first time a unit at the development has sold for more than $2,600 psf, surpassing its previous high set in December 2021 when a 926 sq ft unit on the 13th floor fetched $2.23 million, or $2,409 psf.
Similarly, Adria, a boutique condo on Derbyshire Road in District 11’s Novena area, hit a new psf-price high on Jan 9 when a one-bedroom unit measuring 538 sq ft sold for $1.23 million, or $2,285 psf. This is a new record for the development, beating its previous high of $2,171 psf set in June 2023.
Adria comprises a single 22-storey residential tower with 105 units ranging from one to four-bedrooms. It is located near United Square shopping mall and within walking distance of Velocity @ Novena Square, connected to the Novena MRT Station on the North-South Line.
Finally, Royal Hallmark, a freehold condo on Geylang Lorong 37, achieved a new high of $2,304 psf in December 2021 after a 2,863 sq ft unit was sold for $6.6 million. With its proximity to Paya Lebar Quarter and Paya Lebar MRT Station, it is a popular choice among investors and homeowners alike.
In conclusion, luxury developments such as The Ritz-Carlton Residences, Nathan Suites, Adria, and Royal Hallmark continue to set new records, showcasing their desirability in the prime property market. Interested buyers can check out the latest listings for these properties to experience the prestigious Champions Way Residences firsthand.