FOUND ON THE EDGE: Mid-floor Hedges Park Condominium unit up for sale

By Tan Chee Yuen
/ The Edge Property |
A sale listing featuring a 791 sq ft home at Hedges Park Condominium has attracted the most views on TheEdgeProperty.com last week. Listed for $790,000 or $991 psf, the fully-furnished mid-floor unit is priced attractively below the last transacted unit from the project, a low-floor 764 sq ft unit which was sold in August 2015 for $799,000 or $1,045. According to the marketing agent, Toh Thian Lye from ERA, the unit is currently tenanted and in good condition. The unit is priced below a 764 sq ft low-floor unit.
Artist's illustration of the subject property

Source: Hong Leong Holdings Limited

Hedges Park Condominium is a 99-year leasehold condo development completed in January 2015. The development is located within 300m from The Japanese Primary School.
Recent similar homes transacted in the area includes a 646 sq ft unit at Parc Olympia sold for $710,600 ($1,100 psf).
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Recent transactions within 500m from the subject property
Date
Project
Address
Type of Sale
Unit area (sq ft)
Price (S$ psf)
Price (S$)
21-Sep-15
18 Flora Drive #XX-XX
Resale
1,238
897
1,110,000
18-Sep-15
36 Flora Drive #XX-XX
New Sale
3,757
770
2,891,720
18-Sep-15
52 Flora Drive #XX-XX
Sub Sale
646
1,100
710,600
3-Sep-15
42 Flora Drive #XX-XX
Sub Sale
517
1,219
630,000
31-Aug-15
71 Flora Drive #XX-XX
Sub Sale
764
1,045
799,000
27-Aug-15
86 Flora Road #XX-XX
Resale
1,281
818
1,048,000
27-Aug-15
12 Flora Drive #XX-XX
Resale
1,195
908
1,085,000
26-Aug-15
10 Flora Drive #XX-XX
Resale
1,023
888
908,000
21-Aug-15
71 Flora Drive #XX-XX
Sub Sale
484
1,218
590,000
20-Aug-15
75 Flora Drive #XX-XX
Sub Sale
484
1,156
560,000

Source: URA, The Edge Property

Editor: To real estate agents – if you have secured an interesting listing or concluded an interesting deal recently, we would love to hear from you! Contact us at propertyeditor.sg@bizedge.com
As we are not party to the contract between the client and agent, we are not able to verify information provided by the agent.

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