Ultra-luxury Cuscaden Reserve sees new price high of $3,830 psf

The growth was originally introduced available in April 2021, and also according to URA cautions, two units were offered that month. They were a 527 sq ft, one-bedroom unit that was yielded $1.45 million ($2,743 psf) on April 15, and a 764 sq ft two-bedder that was negotiated for $2.06 million ($2,692 psf) on April 17.

Based on URA caveats, merely 10 caveats have been lodged at Cuscaden Reserve to day.

The week additionally saw one more luxury building accomplish a new psf value high. An 829 sq ft, two-bedroom unit at Grange 1866 was offered by the builder for $2.61 million ($3,145 psf) on June 23. This leaps over the previous documentation which had been established by a 764 sq ft, two-bedroom unit. That unit brought $2.3 million ($3,007 psf) on May 29.

These 2 sales are the only two builder sales at the venture thus far this year.

Grange 1866 is a shop, 60-unit condo on Grange Road in prime Area 10. The property is a redevelopment of the former iLiv@Grange. The brand-new project is anticipated to be finished by the end of 2026. The plan comprises a solitary 16-storey domestic block on a 20,322 sq ft, freehold area. The unit mix contains one-bedders and also two-bedders that vary from 527 to 1,012 sq ft.

The Arden Qingjian Realty

This is somewhat higher than the last log which had actually been established by the sale of a 936 sq ft, two-bedroom unit that is additionally on the 26th floor. This unit was sold by the builder for $3.58 million ($3,826 psf) on Sept 23, 2021.

Cuscaden Reserve is an ultra-luxury plan on 8 Cuscaden Road in key District 10. It has a 99-year leasehold tenancy. The project is by Singapore maker SC Worldwide Developments and also 2 Hong Kong-listed real estate business, New World Development and also Far East Consortium. The 28-storey property development comprises a mix of one- to four-bedroom units that differ from 700 to 2,099 sq ft.

Over the week of June 20 to 24, the purchase of a 1,163 sq ft, three-bedroom condo at the upcoming Cuscaden Reserve has established a brand-new psf-price high in the ultra-luxury apartment. The record-setting unit is on the 26th floor as well as was marketed by the builder for $4.45 million ($3,830 psf) on June 24.

The 192-unit development is nestled in one of the most distinctive suburbs in Singapore. It is beside an additional ultra-luxury property, the 54-unit Park Nova on Tomlinson Road, while the 154-unit Blvd 88 can be located on nearby Orchard Blvd. Finalized property developments in the local area feature The Regent Hotel Singapore, St Regis Hotel Singapore as well as St Regis Residences.

Cuscaden Reserve launched its first exclusive previews in 3Q2019, as well as the first transactions were taped in September 2019. According to URA warnings, 3 units were marketed that month. A 700 sq ft, one-bedroom unit on the 7th ground was cost $2.33 million ($3,327 psf) on Sept 13, while 2 adjoining 926 sq ft, three-bedders on the 5th level were each yielded $3.23 million ($3,489 psf) on Sept 14.

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