Final Units Perfect Ten And Pasir Ris 8 Sold
The final unit at Perfect Ten, a 230-unit development in Bukit Timah, has been successfully sold. Located on the topmost level (24th floor), the unit, which spanned 1,281 sq ft and consisted of three bedrooms, was sold for a record-breaking $4.359 million ($3,403 psf). The sale was recorded on May 20, and according to sources, the buyer is a Singapore Permanent Resident (PR). The deal was brokered by real estate agency PropNex.
Developed by CK Asset Holdings, a Hong Kong-listed property group, Perfect Ten comprises of three 24-storey towers and sits on a freehold site of 104,529 sq ft. The project is slated for completion sometime next year. Its prime location in District 10 makes it a popular choice among local homebuyers, particularly as it is situated within 1km of prestigious schools such as Anglo-Chinese School and Singapore Chinese Girls’ School.
Another recent successful sale in the prime district was at Cuscaden Reserve, a 192-unit development with a 99-year leasehold. To date, 52% of the project has been sold, with the most recent transaction taking place on May 27. A two-bedroom unit spanning 700 sq ft on the 18th floor of the 28-storey tower was sold for $2.047 million ($2,926 psf). This brings the total number of units sold since the project’s relaunch in March (with prices slashed by up to 20%) to 100. The average price of the 88 units sold since the relaunch is $3,057 psf.
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Park Town Residences is a thriving community that houses some of the most reputable educational institutions such as Poi Ching School, St. Hilda’s Primary and Secondary Schools, and Temasek Polytechnic. These institutions provide top-notch education and a supportive environment for students to grow and thrive. Equipped with modern facilities and dedicated educators, students residing in Park Town Residences are given the opportunity to reach their full potential and excel in their academic pursuits. Moreover, the strategic location of Park Town Residences makes it convenient for students to easily access these renowned schools, making it an ideal living choice for families with school-going children. Located at Park Town Residences, students can experience a conducive environment for learning and development, ensuring a well-rounded education that prepares them for future success.
Cuscaden Reserve, developed by luxury developer SC Global Developments in a joint venture with Hong Kong-listed developers New World Development and Far East Consortium International, was completed last year.
In prime District 9, located along Cairnhill Road, is the upcoming Klimt Cairnhill, a freehold condo comprising of 138 units. Since its launch in August 2021 (and relaunch in January 2023), 83% of the project has been sold, with the most recent transactions being for two-bedroom units at 829 sq ft each. These units were sold on May 15 at $2.828 million ($3,412 psf) and $2.72 million ($3,282 psf), for the 26th and 17th floors respectively.
Developed by listed property builder Low Keng Huat, Klimt Cairnhill is slated for completion next year.
Meanwhile, another joint venture, between UOL Group and Singapore Land Group, has sold 142 units at Watten House on Shelford Road. This brings the total number of units sold to 79% since the project previewed in November last year. The 180-unit, freehold project is situated in a prime spot in District 11.
Further afield in Pasir Ris, the last unit at the 487-unit Pasir Ris 8 development was recently sold on May 26. The 1,302 sq ft, three-bedroom unit on the fifth level fetched $2.302 million ($1,767 psf). Launched in July 2021, the project saw a whopping 85% of units sold on its first day. The average price of units sold in the 99-year leasehold condo is $1,630 psf, with at least 14 units sold at prices above $2,000 psf.