The Botanic on Lloyd, a freehold condo, has achieved the highest psf-price among private non-landed developments, setting a new psf-price record during the period between January 3 and January 11. The new price peak was reached on January 7 with the sale of a 2,056 sq ft, four-bedroom unit on the second floor for $5.13 million, or $2,493 psf. This surpasses the previous high of $2,339 psf by 6.6%. The previous record was set in October last year when a 1,496 sq ft, three-bedroom unit located on the fourth floor was sold for $3.5 million.
The Botanic on Lloyd is a freehold boutique development with 60 apartments and six townhouses. The units range from three- to four-bedrooms, with sizes ranging from 1,485 sq ft to 3,584 sq ft. The townhouses feature five bedrooms and two private parking lots and range from 4,058 sq ft to 4,446 sq ft.
In Prime District 9, freehold condo The Cape also set a new psf-price record of $2,284 psf when a 1,313 sq ft, three-bedroom unit was sold for $3 million on January 10. The previous record was set in November 2012 when a 1,539 sq ft, two-bedroom unit was sold at $2,265 psf by the developer.
The Cape is a 76-unit freehold development with one- to three-bedroom units ranging from 570 sq ft to 1,539 sq ft across a single block. The average price for apartments at The Cape has been trending upwards in the past year with an increase in transactions.
Finally, upcoming condo Tembusu Grand recorded a new price low of $2,174 psf on January 11 with the sale of a 1,399 sq ft, three-bedroom unit for $3.04 million. The previous low of $2,193 psf was set in November 2024 by the sale of a 1,399 sq ft, three-bedroom unit on the same floor. The Tembusu Grand is a 99-year leasehold project with one- to four-bedroom units and sold 584 units at an average price of $2,444 psf in April 2023.