Tribeca hits new high of $2,535 psf
Tribeca a condominium located on Kim Seng Road with freehold tenure in District 9, champed the chart of condos that saw a new psf-price high this week. The latest transaction of a one-bedroom unit for $1.31 million or $2,535 psf on July 21. The eighth floor sale transaction triumphed the previous high of $2,525 psf set in June 2K22, when a 1,033 sq ft unit transacted for $2.61 million. The seller previously had previously purchased this unit in May 2007 for $855,000 ($1,655 psf) which translate to a sweet profit of $455,000 for this particular handsome deal. Proudly developed by City Development Limited, Tribeca was completed in 2K10. the 30-storey residential block which is Located alongside the Singapore River, has 175 residences with multiple layout from studio to four-bedroom apartments ranging 517 to 1,905 sq ft. RV Residences also triumphed the previous record with psf-price high during the period in review. On July 28, a 689 sq ft, a level 3 two-bedroom unit exchanged hands for $1.682 million, or $2,442 psf.
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