One Bernam Hits New Psf Price High 3351

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saleSINGAPORE (EDGEPROP) – One Bernam has emerged as the top-performing project for the week from July 30 to Aug 8, achieving a new record psf-price high of $3,351 psf. This beats the previous record of $3,344 psf set back in March. The success of the sale can be attributed to the developer sale of a 452 sq ft, one-bedroom unit for about $1.51 million on August 4.One Bernam is a highly sought-after 99-year leasehold mixed-use development in District 2, located on Bernam Street in the Tanjong Pagar area. It features a 35-storey tower with 351 residential units, ranging from one- to three-bedrooms measuring between 441 sq ft and 1,421 sq ft. Additionally, the condo boasts three penthouses from 1,744 sq ft to 4,306 sq ft. The project also houses a two-storey retail podium of 15,726 sq ft and one floor of serviced apartments with 13 units. Its premium location is within walking distance of Tanjong Pagar MRT Station on the East-West Line and the upcoming Prince Edward Road MRT Station on the Circle Line. For families with school-going children, the condo is also close to Cantonment Primary School. one bernamThe development has proven popular, selling 228 units at an average price of $2,582 psf as of Aug 8. Furthermore, 24 units at the condo have transacted at an average price of $2,745 psf. The project is expected to be completed by September next year.In another area, freehold condo Residences @ Evelyn has also achieved a new record psf-price high during the period in review. A 1,528 sq ft, three-bedroom unit on the 32nd floor changed hands for $3.83 million on July 31. This translates to $2,504 psf, allowing the seller to make a net profit of $1.6 million on the sale.The new psf-price high beats the previous record of $2,441 psf. This came from the resale of a 1,539 sq ft three-bedder on the 20th floor for $3.76 million. The seller purchased the unit for $2.65 million back in August 2017, meaning a profit of $1.11 million upon sale.Residences @ Evelyn has recorded four transactions so far this year at an average price of $2,344 psf, higher than the average price of $2,314 psf for the four transactions recorded at the condo last year. Residences @ Evelyn is also a freehold condo, located on Evelyn Road in Novena, District 11. Completed in 2007, the condo comprises 208 units across twin 33-storey towers. It boasts a mix of two- to four-bedroom apartments and penthouses ranging from 1,023 to 3,466 sq ft. The condo is within walking distance of the Newton MRT Interchange Station on the North-South Line and Downtown Line.On the other hand, The Myst was the only project to register a new psf-price low during the period under review. The new record low came from the sale of a 1,163 sq ft three-bedder for $2.18 million on August 3, which translates to $1,877 psf. This beats the previous record of $1,886 psf from the developer sale of a similar-sized unit for $2.19 million on June 16.The Myst is a 99-year leasehold condo situated along Upper Bukit Timah Road in Bukit Panjang, District 23. It comprises 408 units of one- to five-bedroom units ranging from 678 sq ft to 1,690 sq ft across two 24-storey towers. The condo was launched in July last year at an average selling price of $2,057 psf, and has sold 257 or 63% of its total units as of Aug 10. It is expected to be completed in 2029, and is within walking distance of Cashew MRT Station on the Downtown Line. It is also close to the Assumption Pathway School and Greenridge Secondary School. To find out more about the latest property-related information, check out EP Buddy. Additionally, interested buyers can also browse the latest listings for One Bernam, The Myst, and Residences @ Evelyn properties.