A new record has been set at One Holland Village Residences with the sale of a three-bedroom unit at $3,781 psf from Feb 16 to 21. This surpassed the previous record of $3,426 psf set in August 2022 with the sale of a four-bedroom unit. The unit, located on the 25th floor, was sold for $4.68 million on Feb 17, marking the first sale at the 99-year leasehold development this year.
The sellers of the unit had purchased it from the developer for $4.19 million in November 2023, making a profit of about $490,000. One Holland Village Residences, a 296-unit development in District 10, is fully sold out and is set for completion in November 2029. The most expensive unit transacted at the development was a five-bedroom apartment sold for $11.4 million.
Hill House, a boutique condo in District 9, saw the second-highest psf-price for the period in review when a 452 sq ft, two-bedroom unit on the ninth floor was sold for $1.538 million, setting a new record of $3,402 psf. This comes just four days after another unit on the eighth floor was sold for $1.536 million at $3,398 psf.
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Chuan Park in District 19 also saw a new record with the sale of a 732 sq ft, two-bedroom unit at $2.785 psf on Feb 19, surpassing the previous record of $2,765 psf set in November last year. The 916-unit condo, launched in November 2024, has sold 81% of its units at an average price of $2,589 psf.
No new records have been set for psf prices during the review period.