Top among the condos hitting fresh price highs between June 21 and June 25, the buzz of the town is the Woodleigh Residences. Selling for an amazing $2.426 million, or $2,532 psf, a three-bedroom, 958-square-foot apartment on the ninth floor sold on June 25 This sale exceeded the previous high of $2,516 psf a month earlier when on May 13 another three-bedroom flat of the same size sold for $2.41 million. This is the second instance a unit at The Woodleigh Residences crosses the $2,500 psf limit.
With a luxury 99-year leasehold development, the Woodleigh Residences in District 13 off Upper Aljunied Road and Upper Serangoon Road run alongside Bidadari Park Drive. It makes up part of an integrated development including The Woodleigh Mall, the Woodleigh MRT Station on the North-East Line, and an underground bus interchange.
The Woodleigh Residences provide two-bedroom houses ranging from 570 sq ft to 743 sq ft, three-bedroom units from 850 sq ft to 958 sq ft, and four-bedroom residences between 1,270 sq ft and 1,475 sq ft.
The fully sold project was completed and granted temporary occupancy in 2Q2023 per the URA Realis database. Units sold in finished projects without yet receiving their certificate of statutory completion (CSC) are known as sub-sales. The Woodleigh Residences have thus experienced 43 sub-sale transactions, 41 of which happened post completion. Covering 570 square feet to 958 square feet, these residences drew between $1.23 million and $2.43 million, or $2,078 psf.
Seventy Saint Patrick’s also achieved a fresh psf-price high throughout the same period. Measuring 1,484 square feet, a three-bedroom apartment sold for $2.73 million, or $2,306 psf on June 25. A 1,410 square foot flat sold for $3.2 million broke the $2,266 psf mark set last December. A Seventy Saint Patrick’s condo has never before topped $2,300 psf. The August 2020 resale buyer of the unit paid $1.95 million ($1,647 psf), after realizing a gross gain of $780,000.
Finished in 2016, seventy Saint Patrick’s freehold condos in District 15 on St Patrick’s Road Three-bedroom apartments from 936 square feet to 1, 195 square feet; four-bedroom, dual-key flats from 1,410 square feet to 1,442 square feet; and 186 low-rise blocks with two-bedroom apartments ranging from 700 square foot to 872 square foot. Perfectly located on the Thomson-East Coast Line, less than a 10-minute walk from the Marine Terace MRT Station, it is
With a three-bedroom, 1,141 square foot apartment on the 10th floor sold for $2.075 million on June 21, Tanglin View set a new development high of $1,819 psf. With a comparable unit selling for $2.02 million, this purchase topped the previous high of $1,775 psf reported on March 28.
Completed in 2001, Tanglin View, a 384-unit condo at Prince Charles Crescent in District 3, has units ranging from 872 square feet to 2,497 square feet. The 99-year leasehold condo is near to Redhill MRT Station on the East-West Line. Apart from the transactions on June 21 and March 28, 2 other Tanglin View units have changed hands this year; a 1,141 square foot apartment sold for $1.8 million ($1,570 psf) on February 28 and a 2,121 square foot apartment sold for $3.45 million ($1,617 psf) on May 28.
While certain condos set new pricing benchmarks, Singapore’s real estate market shows remarkable consistency. Strong demand and fair pricing in necessary places are shown by prime examples of this trend, the Woodleigh Residences, Seventy Saint Patrick’s, and Tanglin View. The ever shifting property market offers equal opportunities for buyers and sellers.
