Proximity to Greater Southern Waterfront Spurs Condo Sales In Tanjong Pagar & Shenton Way

Source: Edgeprop News

Avenue South Residence

Condominiums in the Shenton Way, Tanjong Pagar and also Spottiswoode Park general vicinities have viewed a pick-up in purchases, specifically in the week of March 5-12.
The best recognizable is at Wallich Residence at Tanjong Pagar Center where four high-floor devices were sold, of which caveats were lodged for 3. Two of the transactions were actually for 614 square foot, one-bedroom systems: the one on the 51st floor fetched $2.38 thousand ($3,879 psf), and also was actually the best accomplished for a one-bedder; while the various other performed the 43rd floor, and also went for $2.15 thousand ($3,504 psf), depending on to URA Realis. The third unit transacted at Wallich Residence where a caution was lodged is a 1,098 square foot, three-bedroom system that went for $3.53 thousand ($3,211 psf).
A 4th system was additionally marketed this month, but no caution was lodged. It is actually a 1,313 square feet, three-bedroom device which got $4.15 million ($3,157 psf).
The shoppers were stated to consist of a large spectrum of citizenships: a Singaporean, an irreversible citizen, a United States citizen as well as a Mandarin national. The 181-unit luxurious properties span the 39th to 64th floors– the leading 25 floorings of Singapore’s tallest high rise, which stands 290m tall.
Various other transactions in the Tanjong Pagar area featured a 506 square foot, one-bedroom system at Skysuites@Anson that was actually sold for $1.35 million ($2,668 psf), and a 1,001 square foot two-bedder at the surrounding Image that altered palms for $1.67 thousand ($1,668 psf).
In the adjacent Spottiswoode Park area, a 797 square feet, two-bedroom at Spottiswoode Residences changed hands for $1.6 thousand ($2,009 psf), and also the adjoining Spottiswoode 18 saw an 893 square feet, one-bedroom lean-to cost $1.45 million ($1,623 psf).
Also The Beacon on Cantonment Roadway, a condominium completed 11 years ago, viewed pair of units marketed in the initial week of March: a 1,109 square foot system on the 5th floor and a 1,163 square feet device on the 13th flooring that went with $1.5 million each.