Goodwood Residence achieves new high of $2,988 psf

Goodwood Residence, located on Bukit Timah Road in District 10, topped the list of condos that saw new psf-price highs between Sept 19 and Oct 3. On Sept 27, the freehold condo recorded the sale of a 10,710 sq ft, five-bedroom penthouse for $32 million.

The seller and first owner of the unit had purchased it in June 2014 for $15.6 million ($1,457 psf), which means they made a profit of $16.4 million on the sale. According to the EdgeProp Research tool, the penthouse’s original floorplan shows that it comes with five bedrooms, a dedicated wine room, and a roof terrace.

The transaction is the sixth one at the condo this year and it also beats the condo’s previous high of $2,940 psf, when a four-bedder was sold for $7.5 million in November 2017. With 38.6% of its buyers Singaporeans and 28.2% consisting of permanent residents, Goodwood Residence is highly popular amongst locals.

Park Place Residences, located at Paya Lebar Quarter (PLQ) in District 14, saw the second highest psf-price high during the period of review. On Sept 29, a 484 sq ft one-bedder was sold for $1.18 million, setting a new psf-price high of $2,442. This beats the previous high of $2,427 psf recorded with the sale of a 667 sq ft two-bedder at $1.62 million in July last year. Developed by Lendlease, the 99-year leasehold condo consists of 429 units, including one- to three-bedrooms spanning between 474 and 1,367 sq ft.

The condominium also has an array of facilities for its residents to enjoy, such as a swimming pool, gym, sauna, and a playground for the children. Champions Way Condo is definitely an ideal place to live for both locals and expats alike. It offers a safe and secure environment, and provides all the necessary features to make life simple and comfortable. There are also plenty of dining options and retail outlets within the vicinity. With all these facilities available, Champions Way Condo is a great place to call home.

Buckley Classique, a freehold condo on Buckley Road in Novena, also saw a new psf-price high, following the sale of a 1410 sq ft, three-bedroom unit for $3.25 million ($2,305 psf) on Sept 21. The sale marked the highest psf-price achieved at the condo, surpassing the previous high set in April 2013 with the sale of a 1,410 sq ft two-bedder at $2,300 psf. Developed by City Developments and completed in 2014, the condo has 64 units occupying between 1,098 and 4,359 sq ft, with the majority of buyers being Singaporeans.

No new psf-price lows were recorded during the period in review.

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