About Fully Sold – Perfect Ten and Pasir Ris 8. The last unit at Perfect Ten, situated in Bukit Timah, has been sold. This 1281 sqft, 3 bedroom unit on the 24th level went for SGD4.359 million (SGD3403psf) on 20th May 2024. The purchaser is a Permanent Resident in Singapore, and PropNex facilitated the sale. Perfect Ten, with a total of 230 units, is developed by CK Asset Holdings. It features 3 towers of 24 levels residential apartments on a freehold land parcel of 104,529 square feet. Completion is expected next year. Local buyers favour Perfect Ten due to its close proximity to Anglo-Chinese School as well as Singapore Chinese Girls School.
Cuscaden Reserve, with a total of 192 units, is a 99 years leasehold development. There is a 700sqft, 2 bedroom apartment on the 18th level sold for SGD2.047 million (SGD2926psf) on 27th May 2024. Since it was relaunched in March 2024 with a 20% price cut, 100 units (equivalent to 52%) have been sold at an average of SGD3,057psf. Cuscaden Reserve, in District 10, is by a joint venture consisting of SC Global, Far East Consortium as well as New World Development. The development was completed in 2023.
In District 9, Klimt Cairnhill has sold 114 of its 138 units (equivalent to 83%) since its August 2021 launch and January 2023 relaunch. Recent transactions include 2 bedroom apartments of 829sqft sold on 15th May 2024. One unit on 17th level fetched SGD2.72 million (SGD3282psf), while another on 26th level sold for SGD2.828 million (SGD3412psf). It is developed by Low Keng Huat and Klimt Cairnhill will be completed next year.
More on Fully Sold – Perfect Ten and Pasir Ris 8
A joint venture, UOL Group as well as Singapore Land Group, has sold a total of 142 units at Watten House. Since its preview in November. This freehold project is located along Shelford Road and consists of 180 units, and is situated in District 11, is now 79% sold.
Most of the buyers at Klimt Cairnhill, Cuscaden Reserve, Watten House, as well as Perfect Ten are Singaporeans. They are taking advantage of the narrowing price difference between Core Central Region – CCR. As well as Rest of Central Region – RCR projects.
Over at the Eastern part of Singapore, in Pasir Ris – the final unit at Pasir Ris 8 was transacted on 26 May 2024. This integrated development consists of 487 units. The 1302 sqft, 3 bedroom apartment on the 5th level sold for SGD2.302 million (SGD1767psf). Pasir Ris 8, launched in mid of 2021 by Allgreen Properties as well as Kerry Properties. 85% of units was sold on launch day. Its popularity stems from its integrated development atop the 3 levels Pasir Ris Mall, linked to Pasir Ris MRT. There is an interchange for the East-West plus the Cross Island Lines. The average selling price of units in this 99 years leasehold condominium is SGD1630psf, with some units exceeding SGD2000 psf.
Read Also: 2024 upcoming launches – The Chuan Park by Kingsford and MCC Land, Norwood Grand by CDL and 8 @ BT by Bukit Sembawang.
