15 Holland Hill hits new high of $3,494 psf; Grange Residences sees new high of $3,050 psf
By Felicia Tan
/ EdgeProp Singapore |
SINGAPORE (EDGEPROP) - In this week’s column, we look at condominium projects that have achieved new highs in terms of price psf and those that have seen new lows, based on URA Realis data for the week of July 19 to 25.
Highest psf transactions
At the top of the list is a 4,101 sq ft unit at 15 Holland Hill that changed hands for $14.33 million, or $3,494 psf on July 23.
Photo of 15 Holland Hill: Kheng Leong Company
The unit sits on the 11th floor of the 12-storey building.
The price psf surpasses the average price of $3,011 psf for the development.
Developed by Kheng Leong Company, the private property arm of United Overseas Bank’s (UOB) Wee family, 15 Holland Hill saw the sale of five units from July 21 to July 25 with prices ranging from $2,814 psf to $3,494 psf for units from 1,798 sq ft to 5,221 sq ft.
The freehold 15 Holland Hill comprises 59 units spread across three 12-storey blocks with a mix of two-, three- and four-bedroom units, as well as three penthouses and three garden maisonettes on the ground floor.
Located at the junction of Holland Road and Farrer Road in District 10, 15 Holland Hill is located within close proximity to Holland Village, Bukit Timah, the Commonwealth Crescent Market, as well as Farrer Road MRT on the Circle Line.
Another development that has seen a new high in terms of psf from July 19 to 25 is the freehold Grange Residences.
Photo of Grange Residences: Samuel Isaac Chua/EdgeProp Singapore
A 2,852 sq ft unit on the 17th floor sold for $8.7 million on July 22, which works out to $3,050 psf.
The unit changed hands twice, once in 2005 for a quantum of $4.68 million ($1,640 psf) and another time in 2013, where it was sold for $8.38 million ($2,938).
Located at the junction of Grange Road and Tanglin Road in District 10, the freehold Grange Residences was developed by Wheelock Properties and completed in 2004.
Lowest psf transactions
Riviere, which is developed by Frasers Property at Jiak Kim Street on District 3, saw a new low in terms of price psf from the week of July 19 to 25.
Photo of Riviere: Frasers Property
On July 25, a third-floor unit measuring 1,173 sq ft, was sold for $2.71 million, or $2,307 psf.
Just a day before, a sixth-floor unit of the same size sold for $2.74 million, or $2,332 psf, the development's second-lowest transaction in terms of price psf.
The 99-year-old development sits on the former Zouk nightclub and is near Great World City, Clarke Quay Central, the central business district (CBD) and Marina Bay.
Overlooking the Singapore River, the development is also within close proximity to the upcoming Great World City and Havelock MRT stations.
Riviere has 455 residences housed within twin 36-storey glass towers, and a four-storey block of serviced apartments.
The project comprises one- to four-bedroom units. The three-bedroom premium/deluxe, as well as four-bedroom deluxe apartments, come with private lifts.
Check out the latest listings near 15 Holland Hill, Grange Residences, Holland Village, Bukit Timah, Farrer Road MRT
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