Ultra-luxury Cuscaden Reserve sees new price high of $3,830 psf
This is a little more than the last log which had actually been established by the sale of a 936 sq ft, two-bedroom unit that is likewise on the 26th floor. This unit was marketed by the builder for $3.58 million ($3,826 psf) on Sept 23, 2021.
Based upon URA cautions, just 10 cautions have been lodged at Cuscaden Reserve to date.
The week likewise saw one more deluxe project accomplish a brand-new psf fee high. An 829 sq ft, two-bedroom unit at Grange 1866 was sold by the developer for $2.61 million ($3,145 psf) on June 23. This leaps over the previous entry which had actually been set by a 764 sq ft, two-bedroom unit. That unit brought $2.3 million ($3,007 psf) on May 29.
Cuscaden Reserve released its first exclusive sneak peeks in 3Q2019, and the first transactions were recorded in September 2019. According to URA warnings, 3 units were sold that month. A 700 sq ft, one-bedroom unit on the 7th level was yielded $2.33 million ($3,327 psf) on Sept 13, while two neighbouring 926 sq ft, three-bedders on the fifth ground were each sold for $3.23 million ($3,489 psf) on Sept 14.
These two deals are the only 2 builder sales at the undertaking up until now this annum.
Grange 1866 is a store, 60-unit condo on Grange Road in prime District 10. The plan is a redevelopment of the prior iLiv@Grange. The brand-new plan is expected to be completed by the end of 2026. The project makes up a solitary 16-storey domestic block on a 20,322 sq ft, freehold location. The unit mix includes one-bedders and also two-bedders that extend from 527 to 1,012 sq ft.
The advancement was initially introduced offer for sale in April 2021, and also according to URA signs, 2 units were sold that month. They were a 527 sq ft, one-bedroom unit that was sold for $1.45 million ($2,743 psf) on April 15, as well as a 764 sq ft two-bedder that was worked out a deal for $2.06 million ($2,692 psf) on April 17.
The 192-unit development is located in among the most distinctive residential areas in Singapore. It is beside another ultra-luxury property, the 54-unit Park Nova on Tomlinson Road, while the 154-unit Blvd 88 can be found on close-by Orchard Boulevard. Completed buildings in the local area include The Regent Hotel Singapore, St Regis Hotel Singapore as well as St Regis Residences.
Cuscaden Reserve is an ultra-luxury property on 8 Cuscaden Road in key District 10. It has a 99-year leasehold period. The structure is by Singapore developer SC Global Growths and two Hong Kong-listed realtor firms, New World Development as well as Far East Consortium. The 28-storey development comprises a mix of one- to four-bedroom units that vary from 700 to 2,099 sq ft.
Around the week of June 20 to 24, the purchase of a 1,163 sq ft, three-bedroom apartment at the upcoming Cuscaden Reserve has prepared a new psf-price high in the ultra-luxury condominium. The record-setting unit gets on the 26th level and also was marketed by the developer for $4.45 million ($3,830 psf) on June 24.
