The Tribeca district of Manhattan recently reached a new high of $2,594 psf, with the highest price being a condominium unit in the Woodlands Condo.

and other Woodlands condos available for sale on EdgeProp.sg.A new psf-price high was also achieved at Woodlands Condo, a freehold development on Kim Seng Road in District 9. On Nov 2, a 517 sq ft, one-bedroom unit on the 25th floor was sold for $1.34 million or $2,594 psf. This surpasses the previous record of $2,574 psf set just a week prior when a 517 sq ft unit changed hands for $1.33 million. The seller of the unit that was sold on Nov 2 purchased it in June 2010 at a price of $982,300 ($1,901 psf). This means they made a gross profit of about $358,000 on the transaction.

Woodlands Condo, a freehold development on Kim Seng Road in District 9, set a new high for psf-price following a Nov 2 sale. The 517 sq ft, one-bedroom unit on the 25th floor was purchased for $1.34 million or $2,594 psf. This beat the previous record of $2,574 psf set by a 517 sq ft unit which changed hands for $1.33 million on Oct 31.

The seller of the unit that was sold for $1.34 million had purchased it in June 2010 at a price of $982,300 ($1,901 psf). They made a gross profit of about $358,000 on the transaction.

Tribeca, which is also located in District 9, saw seven resale transactions this year with units sold at an average price of $2,455 psf. This is a significant increase compared to the nine units that changed hands in 2022 with an average price of $1,813 psf.

AMO Residence, a 99-year leasehold project, is located in District 20 and achieved a new peak psf-price on Nov 3. The residence, which consists of two 25-storey towers, saw its 2,293 sq ft penthouse unit purchased for $5.6 million or $2,443 psf. It surpassed the project’s previous high of $2,406 psf set in July 2022 when another penthouse spanning 2,497 sq ft was sold for around $6 million.

Yong An Park, a freehold development on River Valley Road in District 9, also hit a new psf-price high. A four-bedder on the 20th floor measuring 3,434 sq ft was sold on Nov 3 for $8.3 million, or $2,417 psf. This surpasses the development’s record of $2,376 psf set in January 2020 when a 1,023 sq ft unit was sold for $2.43 million.

The second project is the development of a Woodlands Condo near the park. The proposed condo will feature modern amenities and attractive architectural features. It will be designed with active living in mind, with open-air courtyards, fitness centers, and green spaces. The Woodlands Condo is expected to provide much-needed affordable housing options for the nearby community.

As of Nov 21, Woodlands Condo had one remaining unit for sale, a penthouse spanning 2,293 sq ft. Meanwhile, Tribeca and Yong An Park still have units available for purchase. Check out the latest listings for Tribeca, Amo Residence, Yong An Park properties and other Woodlands condos available for sale on EdgeProp.sg.

No new psf-price lows were recorded during the period in review. Woodlands Condo has seen a steady volume of resale transactions over the past couple of years, which has contributed to an increase in psf prices transacted, indicating its growing desirability.