A 4,047 sq ft, five-bedroom unit at Tomlinson Heights was sold for $12.2 million on Dec 5. The unit is located on high floor and the price works out to be $3,014 psf, the highest since September 2014 when a 4,004 sq ft unit located two floors above fetched $3,092 psf. Recently, two comparable units of similar size and floor levels fetched $12 million or $2,965 psf each.
Tomlinson Heights is a 70-unit luxury condominium sitting on a freehold land in prime district 10. Completed in August 2014, the project features sizeable units, with three-bedroom units from 2,745 sq ft, five-bedroom units from 4,004 sq ft and penthouses at 4,941 sq ft.
In the landed housing segment, a Good Class Bungalow (GCB) at Holland Park fetched $25.5 million, or $1,691 psf on a land area of 15,080 sq ft on Dec 2. There were 19 GCBs sold above the $20 million mark so far this year, compared to 17 last year. Average price of those GCBs changed hands this year is $1,395 psf, up 1.6% from $1,373 psf in 2015.
Number of GCB transactions sold above the $20 million mark