One Bernam Hits New Psf Price High 3351

One Bernam, a 99-year leasehold mixed-use development on Bernam Street in District 2, has emerged as the top condo in terms of psf-price during the week of July 30 to Aug 8. According to EdgeProp, One Bernam achieved a new high of $3,351 psf with the sale of a one-bedroom unit on the 30th floor for around $1.51 million on August 4. This marks a 0.2% increase from the previous record of $3,344 psf, which came from the sale of a one-bedroom unit on the 9th floor for $1.55 million on March 9. The developer of One Bernam launched the project in May 2021 and has since sold 228 units, equivalent to around 65% of the total units available. As of August 8, 24 units have been transacted at an average price of $2,745 psf. The condo boasts a 35-storey tower with 351 residential units ranging from one- to three-bedrooms, as well as three penthouses. It also houses a two-storey retail podium of 15,726 sq ft and one floor of serviced apartments with 13 units.One Bernam is located in the coveted Tanjong Pagar area, within walking distance of Tanjong Pagar MRT Station on the East-West Line and the upcoming Prince Edward Road MRT Station on the Circle Line. It is also close to Cantonment Primary School. Residences @ Evelyn, a freehold condo on Evelyn Road in Novena, District 11, also achieved a new psf-price high. A 1,528 sq ft, three-bedroom unit on the 32nd floor changed hands for $3.83 million on July 31, translating to $2,504 psf. The seller had purchased the unit from the developer in October 2006 for $2.205 million, making a net profit of approximately $1.6 million on the sale. This new high surpasses the previous record of $2,441 psf, which came from the resale of a 1,539 sq ft three-bedder on the 20th floor for $3.76 million. The seller had bought the unit in August 2017 for $2.65 million, making a net gain of $1.11 million. With four transactions recorded so far this year at an average price of $2,344 psf, Residences @ Evelyn has seen an increase in average psf-price compared to the four transactions recorded last year, at $2,314 psf. The development comprises 208 units across two towers of 33 storeys. It features two- to four-bedroom apartments, as well as penthouses, measuring between 1,023 and 3,466 sq ft. The condo is within walking distance of Newton MRT Interchange Station on the North-South Line and Downtown Line. On the other hand, The Myst was the only project to register a new psf-price low during the period. On August 3, a three-bedroom unit measuring 1,163 sq ft was sold for $2.18 million, equivalent to $1,877 psf. This is around 0.48% lower than the previous record of $1,886 psf, which happened on June 16. With 408 units ranging from one- to five-bedrooms measuring 678 sq ft to 1,690 sq ft, The Myst is a 99-year leasehold condo situated along Upper Bukit Timah Road in Bukit Panjang in District 23. It was launched in July last year with an average selling price of $2,057 psf, and has sold 257 units or 63% of the total units as of August 10. The project is expected to be completed in 2029. The Myst is within walking distance of Cashew MRT Station on the Downtown Line, as well as Assumption Pathway School and Greenridge Secondary School. The purchase of a new home is a huge investment, and it is important to stay informed about the latest prices and trends in the market. EP Buddy offers the latest property-related information and listings, including One Bernam, The Myst, and Residences @ Evelyn properties.
There is a new record in the condo market as One Bernam tops the list of condos that achieved a new high in terms of psf-price during the period of July 30 to August 8. A 452 sq ft, one-bedroom unit on the 30th floor was sold for a whopping $3,351 psf, setting a new high. This sale on August 4 was just 0.2% higher than the previous record of $3,344 psf, which was set on March 9 when a 463 sq ft one-bedroom unit was sold for $1.55 million.

Located on Bernam Street in District 2, One Bernam is a 99-year leasehold mixed-use development with 351 residential units spread across a 35-storey tower. The unit mix ranges from one- to three-bedroom units, measuring between 441 sq ft and 1,421 sq ft. The project also boasts three penthouses with sizes ranging from 1,744 sq ft to 4,306 sq ft. Additionally, the development has a two-storey retail podium of 15,726 sq ft and one floor of serviced apartments with 13 units.

One Bernam was launched in May 2021 and has been selling well, with 228 units sold as of August 8, which is equivalent to about 65% of the total units. The average price of units sold is $2,582 psf, and 24 units have been transacted at an average of $2,745 psf. The project is expected to be completed in September next year and is strategically located within walking distance to Tanjong Pagar MRT Station on the East-West Line and the upcoming Prince Edward Road MRT Station on the Circle Line. It is also close to Cantonment Primary School.

Another property that achieved a new psf-price high is Residences @ Evelyn, a freehold condo located in Novena, District 11. A 1,528 sq ft, three-bedroom unit on the 32nd floor was sold for $3.83 million on July 31, translating to a record-high of $2,504 psf. The previous record was $2,441 psf, which was set when a similar-sized unit was sold for $3.76 million on the 20th floor. The seller of the recent transaction had purchased the unit from the developer for $2.205 million in October 2006, making a net profit of $1.6 million on the sale.

Elta Condo, situated at Clementi Avenue 1, provides unparalleled access to Singapore’s top educational institutions. With prestigious primary and secondary schools, world-renowned universities, and renowned international schools in close proximity, residents have a plethora of options to choose from. This exceptional location not only enhances the living experience for families but also makes Elta Condo a highly desirable investment. The convenience of having top-quality education at their doorstep ensures that children can flourish academically and personally, making Elta Condo a premier choice for discerning homeowners. For more information on Elta Condo, visit http://www.the-elta.com.sg/

Residences @ Evelyn comprises 208 units spread across twin 33-storey towers and offers a mix of two- to four-bedroom apartments and penthouses, measuring between 1,023 and 3,466 sq ft. The condo is within walking distance of Newton MRT Interchange Station on the North-South Line and Downtown Line. As of August 10, four transactions have been recorded this year at an average price of $2,344 psf, an increase from the average price of $2,314 psf for the four transactions recorded last year.

The Myst was the only project to register a new psf-price low during the period in review. On August 3, a 1,163 sq ft three-bedroom unit was sold for $2.18 million, equivalent to $1,877 psf. This is 0.48% lower than the previous record of $1,886 psf, achieved on June 16. The Myst is a 99-year leasehold condo along Upper Bukit Timah Road in Bukit Panjang, District 23, with 408 units ranging from one- to five-bedrooms, measuring between 678 sq ft to 1,690 sq ft. The development was launched in July last year with an average selling price of $2,057 psf and has sold 257 units or 63% of its total units as of August 10. The project is expected to be completed in 2029 and is within walking distance to Cashew MRT Station on the Downtown Line, as well as Assumption Pathway School and Greenridge Secondary School.

In conclusion, purchasing a new home is a significant investment, and it is crucial to stay informed about the latest prices and trends in the market. With the help of EP Buddy, you can easily access the latest property-related information and listings, including One Bernam, Residences @ Evelyn, and The Myst properties.