Four Bedder Jadescape Charts New High 2420 Psf

Rewritten: The Woodlands area has always been known for its efficient public transportation, which is a major advantage for residents of Norwood Grand Condo. The nearest MRT station, Woodlands South MRT, is conveniently located within walking distance. This station is on the Thomson-East Coast Line (TEL), a key MRT line that will provide direct access to the city center and important business districts once it is fully operational. Those living in Norwood Grand Condo will benefit greatly from this connectivity. For more information, visit Norwood Grand Condo’s website.

in 4Q: Knight Frank THIS ARTICLE Jadescape breaks psf record with $2,420 psf unit sale, while Goldenhill Park condos also see new highs was first published in EdgeProp.sgThe week of Sept 28 to Oct 3 saw Jadescape leading the pack for condos that attained new psf price highs. The latest record of $2,420 psf came from the sale of a 1,421 sq ft four-bedroom unit on the 21st floor on Sept 30, indicating a net profit of $805,000 for the seller.The successful sale of the unit marks the first time Jadescape has crossed the $2,400 psf mark. The previous record of $2,360 psf was achieved during the resale of a 1,055 sq ft three-bedroom unit on the 15th floor on Aug 28.The condo has seen a high number of resale transactions this year, with 64 units sold at prices ranging from $1,955 psf to $2,420 psf – an average of $2,162 psf, which is 12% higher than the $2,130 psf average from the 62 resale transactions last year.Jadescape, a 99-year leasehold condo at the intersection of Marymount Road and Shunfu Road in Bishan (District 20), is expected to be completed in 2022. The development boasts a total of 1,206 units spread across seven residential towers, with one- to five-bedroom apartments ranging from 527 sq ft to 4,230 sq ft. The condo is also conveniently located within walking distance of Marymount MRT Station on the Circle Line.The second spot on the list is taken by freehold Goldenhill Park Condominium in District 20. The new psf record of $2,246 was set during the sale of a 1,313 sq ft three-bedroom unit on the 17th floor for $2.95 million on Oct 2. What makes the sale even more impressive is that the seller had originally acquired the unit in a resale transaction in 2011 for $1.60 million, earning a net gain of $1.35 million this time.This is the first time that the condo has gone beyond the $2,200 psf mark, surpassing its previous record of $2,158 psf achieved on July 18, with the sale of a 1,335 sq ft three-bedroom unit on the 15th floor for $2.88 million. The condo has seen four transactions so far this year, with an average price of $2,159 psf. Prior to the recent record, a 926 sq ft two-bedroom unit on the 14th floor was sold for $1.99 million ($2,150 psf) on May 30, while a 936 sq ft two-bedroom unit on the 12th floor fetched $1.95 million ($2,082 psf) on April 23.Read also: Cairnhill Residences sets new psf high of $2,693 psfGoldenhill Park Condominium is a freehold condo on Mei Hwan Drive in District 20. Completed in 2004, the condo has a total of 390 units, comprising two- to four-bedroom apartments of between 926 sq ft and 2,928 sq ft. It is zoned near Lorong Chuan MRT Station on the Circle Line, with the nearby tech park that features the NTP+ lifestyle mall close by.Loft@Holland was the only condo to achieve a new psf low during the reporting period, with a record of $1,417 psf set by the sale of a 980 sq ft one-bedroom unit on the fifth floor for $1.39 million on Oct 3. The unit was originally bought by the seller in 2018 for $1.6 million, resulting in a net loss of $212,000.This marks the first time the condo has dropped below $1,400 psf and has been a long time coming since the previous record of $1,630 psf was set in February 2011. However, the seller had bought a 1,141 sq ft one-bedroom unit on the fifth floor from the developer for $1.86 million.The condo has only seen three transactions this year, at an average price of $2,237 psf. On July 1, a 323 sq ft one-bedroom unit on the fourth floor was sold for $878,000 ($2,719 psf), while a 334 sq ft one-bedroom unit on the fourth floor changed hands for $858,888 ($2,574 psf) in February.Loft@Holland is a freehold condo on 151 Holland Road in District 10. Completed in 2014, the condo boasts 41 units spread across five floors, with the majority consisting of one-bedroom apartments spanning 323 sq ft to 484 sq ft. It also offers one-bedroom-plus-study penthouses of 1,044 sq ft to 1,141 sq ft. The development is within walking distance of Holland Village MRT Station on the Circle Line and is close to multiple retail options such as the One Holland Village shopping mall, Holland Road Shopping Centre, and Raffles V medical and retail development, as well as the shops at Chip Bee Gardens.