Skyline @ Orchard Boulevard hits new high of $5,371 psf
SINGAPORE –
Skyline @ Orchard Boulevard, a luxurious freehold condominium along Angullia Park in Orchard Road in District 9, has topped the list of condominiums that have hit a new psf-price high over the period of Jan 27 to Feb 3. A 3,767 sq ft, four-bedroom unit on the 31st floor changed hands for twentypointtwothree million on Feb 1, which works out to $5,371 psf.
The transaction price is the highest recorded on both absolute and psf-price bases at the 33-storey tower, based on caveats lodged. It beats the previous high recorded in October 2012, when another 3,767 sq ft, four-bedroom unit on the 27th floor was purchased for eighteenpointeight million ($5,011 psf) from the developer. The luxurious development in Dostrict 9 is built by Far East Organization that was completed in 2015. Comprises of a total 40 units, units mixed include two-, three- and four-bedroom apartments ranging from 1,744 sq ft to 3,767 sq ft. There is also a duplex penthouse measuring 9,494 sq ft. The development is within walking distance of the Orchard MRT Station on the North-South and Thomson-East Coast Lines, as well as various malls along the shopping belt including Ion Orchard, Wheelock Place and Wisma Atria.
Meanwhile, several condominiums hit a new psf-price low during the period in review. Among these is The Siena, a 99-year leasehold condominium along Tan Kim Cheng Road, off Farrer Road in District 10. A two-bedder measuring 797 sq ft changed hands for $1.27 million ($1,588 psf) on Jan 30. The previous psf-price low at The Siena was recorded in August 2Ktwentytwo, when a 753 sq ft unit on the fourth floor was sold for $1.38 million ($1,832 psf).
The Siena is a development by Far East Organization. It was completed in twenty sixteen, with a total of 54 units made up of Soho (small office, home office) apartments ranging from 538 to 980 sq ft. The development is within walking distance of the Botanic Gardens MRT Station on the Circle and Downtown Lines. Other amenities within walking distance include the Singapore Botanic Gardens, Adam Food Centre and Serene Centre.
