Ultra-luxury Cuscaden Reserve sees new price high of $3,830 psf
Cuscaden Reserve is an ultra-luxury property on 8 Cuscaden Road in key District 10. It has a 99-year leasehold tenure. The development is by Singapore maker SC International Growths as well as 2 Hong Kong-listed realty firms, New World Development and also Far East Consortium. The 28-storey project consists of a mix of one- to four-bedroom units that range from 700 to 2,099 sq ft.
Cuscaden Reserve launched its initial private sneak peeks in 3Q2019, as well as the very first transactions were taped in September 2019. According to URA cautions, 3 units were sold that month. A 700 sq ft, one-bedroom unit on the seventh ground was sold for $2.33 million ($3,327 psf) on Sept 13, while two adjoining 926 sq ft, three-bedders on the fifth floor were each sold for $3.23 million ($3,489 psf) on Sept 14.
Over the week of June 20 to 24, the sale of a 1,163 sq ft, three-bedroom condominium at the upcoming Cuscaden Reserve has set up a new psf-price high in the ultra-luxury residence. The record-setting unit gets on the 26th level as well as was marketed by the developer for $4.45 million ($3,830 psf) on June 24.
This is slightly more than the last log which had been set by the sale of a 936 sq ft, two-bedroom unit that is likewise on the 26th floor. This unit was offered by the developer for $3.58 million ($3,826 psf) on Sept 23, 2021.
These 2 deals are the only two developer sales at the property up until now this annum.
Grange 1866 is a shop, 60-unit condominium on Grange Road in prime District 10. The project is a redevelopment of the previous iLiv@Grange. The brand-new property is anticipated to be finished by the end of 2026. The property comprises a solitary 16-storey household block on a 20,322 sq ft, freehold spot. The unit mix features one-bedders as well as two-bedders that range from 527 to 1,012 sq ft.
The 192-unit development is located in one of the most exclusive houses in Singapore. It lies one more ultra-luxury property, the 54-unit Park Nova on Tomlinson Road, while the 154-unit Blvd 88 can be located on neighboring Orchard Boulevard. Accomplished developments in the area feature The Regent Hotel Singapore, St Regis Hotel Singapore as well as St Regis Residences.
The growth was originally released offer for sale in April 2021, as well as according to URA signs, 2 units were offered that month. They were a 527 sq ft, one-bedroom unit that was cost $1.45 million ($2,743 psf) on April 15, and a 764 sq ft two-bedder that was transacted for $2.06 million ($2,692 psf) on April 17.
Based upon URA signs, simply 10 cautions have been lodged at Cuscaden Reserve to date.
The week additionally saw another deluxe development accomplish a new psf rate high. An 829 sq ft, two-bedroom unit at Grange 1866 was promoted by the developer for $2.61 million ($3,145 psf) on June 23. This leaps over the previous track record which had been set by a 764 sq ft, two-bedroom unit. That unit brought $2.3 million ($3,007 psf) on May 29.