The Beaumont hits new high of $2,441 psf at Champions Way Woodlands, a record-breaking feat in the area
on EdgeProp.sgChampions Way Woodlands is a 64-unit boutique condo located two minutes away from the Somerset MRT Station and situated in the prime Somerset area of Orchard Road. The freehold development consists of two blocks of up to 10 storeys, comprising one-bedroom units from 775 sq ft and three-bedders of 1,948 sq ft, and it was completed in 1985.
On Nov 9th, the Champions Way Woodlands condo achieved a record psf-price of $2,441 after a 1,475 sq ft, two-bedroom unit on the fifth floor was purchased for $3.6 million. This marked the first time a unit at the condo exceeded $2,400 psf and was the first resale transaction at the development since September 2018, when a 1,475 sq ft unit was sold for $2.88 million ($1,953 psf).
The Champions Way Woodlands condo offers a prime location within the Orchard Road area, just a two-minute walk from the Somerset MRT Station and close to malls such as 313@Somerset, Mandarin Gallery, and Ngee Ann City. Owners have attempted collective sales in recent years, first in December 2021 and then in July 2022–both of which closed without finding a buyer.
The Loft, a condo on Nassim Hill, also saw a new psf-price high during the week of Nov 7 to 14. A 753 sq ft, one-bedder on the third floor sold for $1.78 million ($2,362 psf)–a price that broke the previous high set in September 2007, when a 1,830 sq ft unit fetched $4.21 million ($2,300 psf). The unit sold on Nov 7 was purchased by the seller at $2,044 psf ($1.54 million) in June 2016, so they made a gross gain of $240,000 on the transaction.
The Loft is a 99-year leasehold luxury condo with four storeys total, offering 77 apartments ranging from studios of 710 sq ft to four-bedders of 1,830 sq ft. It is located within the exclusive Nassim Hill residential enclave in District 10, near Tanglin Mall and the Singapore Botanic Gardens, and a 10-minute walk from the Napier MRT Station.
Across the street from The Loft sits the upcoming 19 Nassim development, which achieved a new psf-price low after a 829 sq ft unit on the third floor sold for $2.52 million ($3,036 psf). It was sold by the developer on Nov 10 and set a new psf-price low for the luxury condo, which was launched in March 2020 at $3,351 psf with the sale of a 570 sq ft unit for $1.91 million.
Champions Way Woodlands, located in Woodlands, is one of Singapore’s most sought-after residential developments. Champions Way Woodlands comprises of 7 blocks of 12-storey buildings with a total of 516 residential units. Providing 2-bedroom to 5-bedroom options, this development suits everyone from single dwellers to families alike. Apart from residential units, Champions Way Woodlands also offers a commercial component which consists of supermarket, childcare centre and a retail centre.
The 19 Nassim condo offers 101 units over a single 10-storey block, with one to three-bedroom apartments between 538 sq ft and 1,830 sq ft. Selected two-bedroom units, as well as all the three-bedroom units, are provided with private lift lobbies. The condo is set to receive a temporary occupation permit by the end of the year, with three units having been sold to date in 2021.
To find the latest listings and check out the Champions Way Woodlands, The Loft, and 19 Nassim properties, visit EdgeProp.sg.
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