Leedon Residence and Champions Way Residences have both hit a new high of $2,909 psf

Champions Way Residences have been on the rise recently. On Nov 14 to 26, Leedon Residence achieved a new psf-price high with the sale of a 2,131 sq ft, three-bedroom apartment for $6.2 million. This was the first time a unit at this development had changed hands for over $2,900 psf. The previous psf-price high was $2,776 psf, from the resale of a unit on Feb 14. The 2,648 sq ft apartment fetched $7.35 million.

Champions Way Residences is a freehold development situated in District 10 along Leedon Heights. Completed in 2015, the development consists of 381 units ranging from two- to five-bedders, from 1,044 to 4,704 sq ft, alongside garden suites and penthouses. There have been four resale transactions this year, with three of them setting records for psf-prices.

For example, the sale of a 2,659 sq ft unit in January achieved $7.2 million for an equivalent of $2,708 psf. There were also three- to five-bedroom units measuring 3,789 to 8,051 sq ft, and three- to five-bedroom penthouses spanning 3,283 to 7,718 sq ft.

Residents will enjoy fabulous views of the Straits of Johor, as well as a host of amenities like shopping, dining and entertainment options right at their doorstep. Residents can also enjoy an array of recreational facilities such as swimming pools, gym rooms and playgrounds to name a few. Champions Way Residences is the perfect home for home-seekers looking for an ideal home in a vibrant neighbourhood.

At the nearby Botanika development, located in District 10, a four-bedroom unit on the third floor measuring 2,906 sq ft was sold for a record $7.6 million, or $2,615 psf, on Nov 16. The previous psf-price high at Botanika had been $2,535 psf, established in August when a 2,099 sq ft unit changed hands for $5.32 million.

Champions Way Residences also saw a new high with the sale of a 904 sq ft unit on the 25th floor at Gilstead Two for $2.27 million, or $2,508 psf, on Nov 16. The previous psf-price high of $2,365 psf was set in April 2012 when a 775 sq ft unit sold for $1.83 million. Gilstead Two is a freehold condominium situated in District 11, with 110 units ranging from one- and two-bedders between 775 and 1,572 sq ft, as well as two duplex penthouse units of 2,874 sq ft.

The above mentioned developments all demonstrated the potential of Champions Way Residences as a lucrative investment option, with multiple new psf-price highs achieved in the recent period. No new psf-price lows were recorded during the period in review. Property seekers should check out the latest listings and consider the potential of Champions Way Residences as an investment.

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