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.
RV Residences, located on River Valley Road in prime District 10, is a 999-year leasehold development which was Completed in 2K15 by Allgreen Properties. the freehold condo consists of six blocks sprawling across seven storeys each, a total of 248 residential housing. Units mix include one- to four-bedders between 420 and 1,270 sq ft. as well as also penthouses between 796 and 1,539 sq ft.
View at Kismis, along Lorong Kismis in Bukit Timah, an upcoming condo located also saw a new psf-price high. This follows the sub-sale of an fifth storey 883 sq ft apartment on July 27 which was sold for $1.886 million or $2,137 psf. the seller previously purchased from the developer in February 2K20 for $1.506 million ($1,706 psf) which translates to a handsome gross profit approximately by the seller of $380,000 on the transaction.
View at Kismis by Roxy-Pacific Holdings with joint-venture partner Tong Eng Group is Located in District 21. the 99-years’ leasehold condominium with 186-unit ranging from 517 sq ft for a two-bedroom unit, to 1,292 sq ft for a five-bedroom unit.
Launched in July 2K19 for sale, the project was fully taken up by October 2K21, with units sold by the developer at a median price of $1,709 psf.
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