The purchase of the 1,690 sq. ft three-bedroom apartment located at The View @ Meyer The View @ Meyer topped the list of condos which set a new psf highest from June 23 through 28. The three-bedroom unit on the 17th floor was purchased at $3.83 million ($2,266 per square foot) on the 27th of June. This is higher than the previous record in the building, which came by selling a 1,798 square feet four-bedroom apartment located on the 21st level for $3.78 million ($2,100 per square foot) in February 2011.
Hillock Green condominium is reserved for private housing development, will offer direct access to Lentor MRT station on the Thomson-East Coast Line via covered walkways.
The View Meyer is an undeveloped condo with freehold rights situated on Meyer Road in Marine Parade in District 15. The exclusive 45-unit development is completed as of 2009 GuocoLand. It offers one- to four-bedroom units ranging from 629 sq ft to 1,894 square feet in addition to the penthouse with 4,209 sq ft located on the second floor.
The View is located at the intersection at the intersection of Meyer Road and Arthur Road, The View @ Meyer is situated next to an exit from Katong Park MRT Station on the Thomson-East Coast Line, which is scheduled to open in the coming year. It is also right next to Katong Park’s playground. Katong Park playground.
The View at Meyer is also located near schools, recreational facilities, as well as amenities in The East Coast area. Dunman High School and the Singapore Swimming Club are less than 500m away. Katong Park and East Coast Park are both within walking distance.
Over the past 10 years the costs in The View @ Meyer have gone up from $1,610 in July 2013 to $2,260 per month.
The 41-unit neighboring Arthur Mansions (completed in 1993) located on Arthur Road has an average cost of $1,968 per square foot The Meyer Residence located on Meyer Place sees units transact at around $2,171 per square foot. The Meyer Residence, which is 68 units Meyer Residence was completed in 2009.
As a comparison, the newest projects in the area have rates of just over $2500 per square foot. One Meyer is one of the 66 units in a condo owned from Sustained Land, has an average cost of around $2,526 per square foot. Liv @ Mb, which is a 99-year leasehold development developed by Bukit Sembawang Estates, sees units selling for around $2,544 psf.
In District 10, the most desirable district, the selling of 1,302 square ft unit in Sommerville Park set a new price per square foot for the condo. The three-bedroom unit sold to the buyer for $2.85 million ($2,188 per square foot) in June. This is higher than the previous record which was set on March 9 when a 1,948 sq feet unit was purchased to the tune of $4.25 million ($2,181 per square foot).
Sommerville Park is a freehold project located situated on Farrer Drive. The sprawling 855,571 square foot construction was completed by the year 1985 and includes 396 condo units as well as 57 strata landed homes. Condo units are situated within four tower blocks that vary from one- to three-bedders. Landed units are a mixture of two-storey maisonettes and townhouses.
The location of the condo is ideal, putting it within the exclusive residential areas, such as Holland Park, the Good Class Bungalows along Gallop Road, Cluny Hill as well as Holland Park, as well as the condos along Leedon Road and amenities in Holland Village and Dempsey Road.
Based on an amalgamation of caveats prepared of EdgeProp Singapore, Sommerville Park currently commands an average of $1,996 for a psf.
In The Beauty World neighbourhood in District 21 The sub-sale of an apartment on the ground floor, with five bedrooms established a new record for psf prices for View at Kismis. The 1,270 square foot unit was bought at $2.55 million ($2,008 per square foot) on June 27. This was the first time that a unit from the unfinished project was sold at a price higher than $2,000 per square foot.
The previous high psf price was derived from the sub-sale an area of 667 square feet in a two-bedder at $1.31 million ($1,963 per square foot) in March 2.
View Kismis is an 99-year leasehold condominium on Lorong Kismis. The 186-unit development is developed jointly through Roxy-Pacific Holdings and Tong Eng Group that began construction in July of 2019. The developers sold around 30 units, with an average of $1,600 when they launched the project. As per developer sales figures, View at Kismis was completely sold by the end of October 2021 at an average price of around $1,976 psf.
The property is surrounded by a number of three-storey mixed land estates located off Lorong Kismis and Toh Tuck Road It is also near the Beauty World MRT Station on the Downtown Line.
The neighborhood will renewed after Far East Organization completes its integrated project, The Reserve Residences comprising 732 units of residential housing as well as 160 serviced apartments and a brand-new three-storey mall, which is linked with Beauty World Station. It is estimated that the Reserve Residences sold 520 condo units during the sales opening weekend on May 27-28. Based on the developer the average price was $2,460 per square foot.
The price of psf was not lowered for the week under the review.