Goodwood Residence achieves new high of $2,988 psf

Goodwood Residence in Freehold topped the list of condos that recorded new psf-price highs between September 19th and October 3rd. On September 27th the five-bedroom penthouse, sporting 10,710 sq ft of space, was sold for a whopping $32 million – a profit of $16.4 million for its first and previous owner who had bought it in 2014 for $15.6 million.

EdgeProp Research tool reveals the penthouse came with a wine room and a roof terrace and the sale marks the sixth transaction at the condo this year. The second highest was seen at Paya Lebar Quarter (PLQ) Park Place Residences when a 484 sq ft one-bedder was sold for $1.18 million on September 29th at $2,442 psf.

In addition, the Tampines North MRT Condo is conveniently located within walking distance to Bedok MRT Station, making the hub highly accessible. Residents of the condo can also access a variety of shopping malls and retail outlets nearby. With the availability of healthcare services, shopping centres and dining options all within close proximity, the new Tampines North MRT Condo is indeed designed to be a great place to live in.

The District 10 condo, developed by Guocoland in 2013, has 210 units spread across Bukit Timah Road. Land Lens reveals that 38.6% of buyers are Singaporeans, 28.2% permanent residents and 24.3% are foreigners.

In District 11, Novena’s Buckley Classique, a freehold condo on Buckley Road made a new psf-price high when a 1410 sq ft three-bedroom unit was sold for $3.25 million ($2,305 psf) on September 21st. This trumps the previous high of $2,300 psf made in 2013.

The condo, developed by City Developments and completed in 2014, consists of 64 one- to five-bedroom units occupying between 1,098 and 4,359 sq ft. The majority of its buyers are Singaporeans, making up 60% of the buyer profile.

Between Sept 19 and Oct 3, no new psf-price lows were recorded.

The list of condos that saw new psf-price highs started with Goodwood Residence in Freehold. On September 27th a 10,710 sq ft five-bedroom penthouse was sold for $32 million. This was $16.4 million more than its first and previous owner had paid for it in 2014.

According to the EdgeProp Research tool, the penthouse came with a wine room and a roof terrace. This marked the sixth transaction at the condo this year, beating its previous high of $2,940 psf in November 2017. Guocoland developed the condo in 2013, which has 210 units spread across Bukit Timah Road.

In District 14, Park Place Residences at Paya Lebar Quarter (PLQ) recorded the second highest psf-price when a 484 sq ft one-bedder was sold for $1.18 million on September 29th – at $2,442 psf. This beats the previous high of $2,427 psf from the sale of a 667 sq ft two-bedder in July last year.

The District 14 condo, developed by Lendlease in 2019, consists of 429 units, including one- to three- bedrooms, spanning 474 to 1,367 sq ft. It enjoys direct access to Paya Lebar MRT Station and the entire project cost $3.7 billion spread over 4ha of land.

Buckley Classique, a freehold condo on Buckley Road in Novena, District 11 saw a new psf-price high when a 1410 sq ft three-bedroom unit was sold for $3.25 million ($2,305 psf) on September 21st. This trumps the previous $2,300 psf made at the condo in 2013. Majority of buyers here are Singaporeans, making up 60% of the buyer profile.

Overall, between Sept 19 and Oct 3, no new psf-price lows were recorded.