in OctoberPSF record for new sale condo set at 77 @ EastcoastTwin VEW: How an extravagant design that breaks the mold can win hearts and mindsThe freehold development Grange 1866 made headlines by topping the list of condos with the highest prices per square foot (psf) in the week ending November 29th. During this period, the developer sold a two-bedroom unit for $2.78 million, setting a new record of $3,393 psf.The unit, located on the 14th floor, narrowly surpassed the previous record of $3,390 psf set in June last year when a unit of similar size was sold for $2.59 million. This year, Grange 1866 has seen 12 new sale transactions at an average price of $3,181 psf, with the most expensive unit being a two-bedroom unit on the 16th floor sold for $3.02 million ($2,989 psf). So far, 45 of the 60 units have been sold, representing a 75% sales rate.You can find the latest new launches by searching on EdgeProp to see the transaction prices and available units.AdvertisementGrange 1866 is a freehold development set to be completed by the end of 2025. It is located on Grange Road in prime District 10 and features a single 16-storey residential block on a 20,322 sq ft site. The development consists of one- and two-bedroom apartments measuring between 527 and 1,012 sq ft.Hill House took second place in terms of new psf-price highs in November. The boutique condominium set a new record for the second time this month, with the latest peak of $3,378 psf being set on November 25th. The 452 sq ft two-bedroom unit was sold by the developer for about $1.53 million.The sale surpassed the previous record of $3,267 psf by 3.4%. The former record had also been set this month on November 11th, when a similarly sized two-bedroom unit on the fifth floor was sold for about $1,48 million. 12 units have been sold by the developer at Hill House this year at an average price of $3,108 psf, with the lowest-priced unit being a 753 sq ft, three-bedroom unit on the fourth floor sold for $2.21 million ($2,934 psf) on October 28th.EdgeProp Buddy offers the latest transactions at Hill House. Note: The Cosmopolitan saw a new psf-price high with the sale of a 1,324 sq ft three-bedroom unit on the 26th floor for $3.73 million, or $2,817 psf, on November 25th. Completed in 2008, The Cosmopolitan is a 228-unit condominium located along Kim Seng Road (Photo: Samuel Isaac Chua / EdgeProp Singapore)The new record is just 0.7% higher than the previous peak of $2,795 psf set in October last year when a unit of similar size on the 17th floor was sold for $3.7 million. The sellers of the 26th-floor unit had purchased it for about $2.58 million, or $1,950 psf, in November 2010, making a profit of about $1.15 million in the process.Completed in 2008, The Cosmopolitan is a 228-unit freehold development located along Kim Seng Road, off River Valley Road, in prime District 9. It consists of two-bedroom units measuring 1,141 sq ft, three-bedroom units measuring 1,324 to 1,399 sq ft, and four-bedroom units at 1,679 sq ft. The development is situated within 1km of River Valley Primary School and is within walking distance of Great World MRT Station on the Thomson East Coast Line. Shopping and dining options can be found at nearby Great World City.AdvertisementEdgeProp Buddy displays the latest transactions at The Cosmopolitan. Caveats from URA indicate that 30 units (42%) at The Cosmopolitan have been sold at an average price of $3,054 psf since its launch in November 2022. In addition, no new psf-price lows were recorded in the period under review. You can check out the latest listings for Grange 1866, Hill House, The Cosmopolitan, and other condominiums by asking Buddy or generating a price trend graph for new launch condos in District 9.Buddy also offers property price trends for new sales, resale, and available units for HDB, condos, and landed properties.
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