During the period of Feb 7 to 16, a two-bedroom unit at Hill House achieved a new record price of $3,398 psf for a private condo. The 452 sq ft unit on the eighth floor was sold by the developer for $1.54 million on Feb 16, beating the previous peak of $3,378 psf set on Feb 11.
Breaking records, the two-bedroom unit at Hill House sold for the highest per square foot (psf) price amongst private condos from Feb 7 to 16. The 452 sq ft unit on the eighth floor reached an all-time high of $3,398 psf, purchased by the developer for $1.54 million on Feb 16. This transaction narrowly surpasses the previous peak of $3,378 psf set on Feb 11, when the same unit type on the same floor was sold for $1.53 million. Hill House, a 72-unit development at the top of Institution Hill, off River Valley Road, was launched in 2022 and boasts a 999-year leasehold. Its boutique concept in prime District 9 features 40 one-bedroom units at 431 sq ft, 24 two-bedroom apartments ranging from 452 sq ft to 624 sq ft, and eight three-bedroom apartments at 753 sq ft. To explore more new launch developments, visit the New Launches section to discover their transacted prices and available units.
Artist’s impression of Hill House, which achieved a new record of $3,398 psf during the period in review (Photo: Macly Group)
According to URA caveats, 37 units at Hill House (51.4% of the total units) have been sold at an average price of $3,152 psf since its launch in November 2022. The condo is currently under construction and scheduled to be completed in 3Q2026.
Eight units have been sold at Hill House since the start of the year, including the unit sold on Feb 16. The average price for these eight units is $3,190 psf. The most expensive unit sold at the development so far was a 753 sq ft, three-bedroom apartment for $2.39 million on Jan 5.
Located within a five-minute walk from River Valley Primary School and close to New Bahru, a popular lifestyle hub, Hill House is a highly attractive development. Its success in selling units at record-breaking prices is a testament to its exceptional location and quality.
The Tresor, a 999-year leasehold condo, came in second on the list of condos that achieved new psf-price highs during the period. A resale transaction of a 1,421 sq ft unit on the fifth floor was sold for $3.73 million on Feb 10, reaching an all-time high of $2,625 psf. This surpasses the previous high of $2,501 set in March 2024, when a 1,399 sq ft, three-bedroom unit on the second floor was purchased for $3.5 million. This recent transaction marks the first resale deal at The Tresor in a year.
The Tresor comprises 62 units and is located on Duchess Road in District 10, completed in 2007. It features a mix of two-, three-, and four-bedroom apartments, ranging from 990 sq ft to 2,896 sq ft.
Photo: Samuel Isaac Chua/EdgeProp Singapore
With just a five-minute walk to Tan Kah Kee MRT Station on the Downtown Line, and within walking distance of Coronation Shopping Plaza and Serene Centre, The Tresor is strategically located near amenities such as Adam Food Centre and the Singapore Botanic Gardens.
Rounding out the top three on the list of condos that achieved new psf-price highs is Jadescape. A 1,647 sq ft, four-bedroom unit on the 22nd floor sold for $4.05 million on Feb 7, setting another record of $2,459 psf at the District 20 development. Previously, the record price at Jadescape was $2,446 psf when a 1,259 sq ft unit on the 10th floor was sold in January.
In terms of absolute price, the most expensive resale unit at Jadescape to date is a 4,230 sq ft, six-bedroom penthouse that fetched $10.2 million ($2,399 psf) in December 2024. Jadescape is a 99-year leasehold condo that was completed in 2022 and comprises 1,206 units across seven residential towers. Its location at the junction of Marymount Road and Shunfu Road offers a range of unit types, from one- to five-bedroom apartments spanning 527 sq ft to 2,099 sq ft. There are also two penthouses of 4,230 sq ft. Jadescape is a mere walking distance from Marymount MRT Station on the Circle Line, and a four-minute walk from Sin Ming Plaza.
Photo: Samuel Isaac Chua/EdgeProp Singapore
EdgeProp Research data shows that Jadescape commands one of the highest average transacted prices among condos within a 1km radius. The average transacted price for Jadescape units in the last 12 months stands at $2,192 psf.
In comparison, other condos in the vicinity, such as Tresalveo on Marymount Terrace, 183 Longhaus on Upper Thomson Road, and Thomson V Two on Sin Ming Road, have average transacted prices ranging from $1,712 psf to $1,912 psf. All three condos are freehold developments.
No new psf-price lows were recorded during the period in review. Check out the latest listings for Hill House, The Tresor, and Jadescape properties on EdgeProp.sg.