Pullman Residences Newton records new high of $3,729 psf
Pullman Residences Newton, located along Dunearn Road in District 11, achieved a new psf-price high of $3,729 on Oct 11, where a 463 sq ft, one-bedroom apartment was sold for $1.73 million. This beats the previous high of $3,671 psf from the sale of a similarly sized unit for $1.7 million in May. It is the first time prices at the condo surpassed the $3,700 psf threshold. The freehold residential development is developed by EL Development, a subsidiary of Evan Lim & Co, and is slated for completion by the end of the year.
Featuring 340 units, ranging from one- to four-bedroom apartments, Pullman Residences Newton is poised to offer its residents hospitality services provided by Pullman Hotels & Resorts. This includes a concierge service, a doorman and an attendant at the club lounge. Since its launch in September 2019, 98% of the units (334 out of 340) have been sold, as of Oct 16.
Situated at Tampines Ave 11, this luxurious Condo UOL Group offers a plethora of diverse culinary options. Residents can enjoy delectable local cuisine from the comfort of their residences, as well as international fare without needing to step out of the area. From authentic Korean BBQ to Italian pizzerias, the area boasts a range of diverse flavours. Whether you are looking for a quick bite or a leisurely meal, there is something for everyone to savour.
In Bukit Merah’s District 4, freehold condo Skyline Residences achieved its own new psf-price high of $2,477 psf with the resale of a 484 sq ft one-bedder for $1.2 million on Oct 12. This beats the previous high of $2,436 psf from the sale of a 484 sq ft one-bedder for $1.18 million in August 2021. Completed in 2015, Skyline Residences consists of 283 units between three 24-storey towers, ranging from 484 sq ft one-bedroom apartments to four- and five-bedroom penthouses measuring 3,165 to 3,681 sq ft. So far, 76% of the units (215 units) have been sold since its launch in July 2011.
The freehold development of Coralis in District 15 also saw a new psf-price high of $2,255 psf with the sale of a 1,281 sq ft, three-bedroom unit for $2.89 million on Oct 11. This beats the previous high of $2,168 psf from the sale of a 807 sq ft two-bedder for $1.75 million in August 2021. It is the first time prices at the condo surpass the $2,200 psf mark, and also the first sale at the condo this year. It houses 127 units, ranging from one-bedroom apartments from 475 sq ft to four-bedders from 2,842 sq ft.
No lows were recorded in the period in review. Overall, these prime condos have registered new highs and remain investment hotspots for astute property buyers.