Goodwood Residence hits new high at $2,988/sq.ft.

Goodwood Residence hits new high at $2,988/sq.ft.

Buckley Classique is also a District 11 condo located on Buckley Road. It sold a 1,410 sq ft three-bedroom apartment for $3.25M ($2,305/sq ft) on the 21st of September. Prior to this, a 1,410sq ft 2-bedder sold at $3.24mil ($2,300psf), in April 2013.

This condo is seeing its third deal this year. The first deal was in February when a four-bedder measuring 3,563 square feet changed hands at $6.48million ($1,819psf). A 1,475 sq. ft. three-bedder was sold in July for $3.2million ($2,170/sq. ft.).

Buckley Classique by City Developments was finished in 2014. There are 64 1- to 5-bedroom apartments in the condo, which range from 1,098 to 4,359 sq. ft. Singaporeans are the largest group of purchasers, making up 60%.

Goodwood Residence was the top-ranked condo that experienced new price peaks per square foot between Sept. 19 and Oct. 3. This condo reported the sale of an 10,710 sq.ft. five-bedroom apartment for $32 millions on Sept. 27. It was purchased by the seller in June 2014 at $15.6m ($1,457/sqft), resulting in a $16.4m profit. EdgeProp Research’s tool shows that the penthouse has five bedrooms as well as a wine cellar and a roof-top terrace.

The condo has now had six transactions this year. Before this sale, in June, the previous highest price for a 2400 sq ft 2-bedder condo was $7.15 million. In November 2017, a four bedroom unit sold for $7.5million. The previous highest price per square feet was $2940.

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Guocolands Goodwood Residence Development developed the Goodwood Residence and finished it in 2013. Woha designed the 210-unit condo. EdgeProp LandLens says that a total of 38.6% is Singaporeans. 28.2% are permanent residents. And the rest are 24.3% from foreigners.

Park Place Residences (PLQ), at Paya Lebar Quarter, saw its psf prices reach the second-highest level during this period. In the 99 year leasehold condo, on 29th September a 484 sq foot 1-bedder unit was sold at $1.18m for a price of $2.442 per square feet. This property was purchased in April of 2018 at $1.005million, meaning the owner made $178,000 from the sale.

The sale beats last July’s previous price record for a six-bedder of 1,62 million dollars at $2,427/sq ft. The condo in district 14 sold 20 units at an average $2,156/sqft based on caveats that were lodged over the past twelve months.

Lendlease developed the building, which was completed in 2019 This condo has 429 one-to-three-bedroom units that range between 474- and 1- 367-square-foot. The condominium is part PLQ, a mixed-use development with a retail mall and 3 towers, which have over one million sq ft Grade-A Office Space. Direct access to Paya Lebar MRT Station, East-West Line. The project was worth $3.7 billion, and occupies 4 ha of land.

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