Ultra-luxury Cuscaden Reserve sees new price high of $3,830 psf
The development was at first introduced available in April 2021, and also according to URA cautions, 2 units were marketed that month. They were a 527 sq ft, one-bedroom unit that was cost $1.45 million ($2,743 psf) on April 15, and also a 764 sq ft two-bedder that was transacted for $2.06 million ($2,692 psf) on April 17.
Around the week of June 20 to 24, the revenue of a 1,163 sq ft, three-bedroom apartment at the upcoming Cuscaden Reserve has established a new psf-price high in the ultra-luxury condominium. The record-setting unit is on the 26th level as well as was promoted by the builder for $4.45 million ($3,830 psf) on June 24.
Cuscaden Reserve debuted its very first private sneaks in 3Q2019, and also the first purchases were tape-recorded in September 2019. According to URA caveats, three units were sold that month. A 700 sq ft, one-bedroom unit on the 7th floor was sold for $2.33 million ($3,327 psf) on Sept 13, while 2 adjoining 926 sq ft, three-bedders on the fifth level were each sold for $3.23 million ($3,489 psf) on Sept 14.
These 2 transactions are the only 2 builder sales at the project so far this annum.
Grange 1866 is a shop, 60-unit condo on Grange Road in prime Area 10. The plan is a redevelopment of the previous iLiv@Grange. The brand-new property is expected to be finalized by the end of 2026. The plan comprises a single 16-storey household block on a 20,322 sq ft, property location. The unit mix features one-bedders as well as two-bedders that extend from 527 to 1,012 sq ft.
Cuscaden Reserve is an ultra-luxury venture on 8 Cuscaden Road in top District 10. It has a 99-year leasehold tenancy. The project is by Singapore maker SC International Advancements and two Hong Kong-listed realtor firms, New World Development and also Far East Consortium. The 28-storey property makes up a mix of one- to four-bedroom units that range from 700 to 2,099 sq ft.
Based on URA warnings, only 10 caveats have actually been lodged at Cuscaden Reserve to day.
The week likewise saw another deluxe property accomplish a brand-new psf rate high. An 829 sq ft, two-bedroom unit at Grange 1866 was reselled by the developer for $2.61 million ($3,145 psf) on June 23. This leaps over the previous log which had been set up by a 764 sq ft, two-bedroom unit. That unit brought $2.3 million ($3,007 psf) on May 29.
The 192-unit development is situated in one of one of the most exclusive residential areas in Singapore. It is beside an additional ultra-luxury property, the 54-unit Park Nova on Tomlinson Road, while the 154-unit Boulevard 88 can be discovered on neighboring Orchard Boulevard. Completed property developments in the area feature The Regent Hotel Singapore, St Regis Hotel Singapore and St Regis Residences.
This is a little more than the previous record which had been set by the sale of a 936 sq ft, two-bedroom unit that is also on the 26th floor. This unit was marketed by the builder for $3.58 million ($3,826 psf) on Sept 23, 2021.