Perfect Ten reaches new high of $3,670 psf
Perfect Ten, a freehold 230-units span across two tower condo located in prime locale of District 10 near Stevens Mass Rapid Transit Network of the Downtown Line at Bukit Timah Road, champed the list of record transaction achiever between Aug 15 – 22 with a magnificent record new psf-price high established. The record psf price was attained when a 2 bedroom duplex unit, 753 sq ft, brokered by the developer successfully for $2.765 million, or $3,670 psf, on Aug 18. The transaction smashed and wiped out the previous record of $3,585 psf achieved in September 2K22, when a 1,227 sq ft unit was brokered by the developer for $4.4 million. Proudly Perfect Ten is a newly minted luxury freehold residential development project with diverse floor plans and dimensions which include two-bedders of 753 to 797 sq ft and three-bedders of 1,227 to 1,281 sq ft. Splendidly constructed by CK Asset Holdings, which the pioneer of property construction company of billionaire Li Ka-Shing is permanently based in Hong Kong. Perfect Ten condo first launch in December 2K21, with which developer only let out 115 units in one of the towers for sale. Remaining units on the second tower were released for sales later on in September 2K22. the project has seen 223 units transacted at an median price of $3,044 psf, translating to a 97% take up rate, Based on caveats lodged to date. Perfect Ten is slated to complete legally by December 2k25. Melrose Park, splendidly built by CapitaLand, is a luxurious 999-years’ leasehold condominium in prime locale off River Valley Road in prime District 10 at Kellock Road. This premium River Valley condo also champed the list of resale condo transactions when a 3-bedroom unit located on the 8th floor brokered successfully for $3.3million or $2,555psf. The seller of the 1,292 square fee unit had previously bought this eight floor three bedroom unit from the developer for $1.206 million ($934 psf) in 1999, which means they achieved a capital gain before any fee of about $2.1 million upon completion. Melrose Park first time seen the transaction exceeded the $2,500 psf benchmark in terms of transacted psf-prices. The previous record was $2,361 psf logged in November 2K21, when a 1,292 sq ft unit fetched $3.05 million. . this 170-units development legal completion in 2000, is in the River Valley residential enclave, located across the road from popular and rejuvenated Great World City retail therapy mall which is seamlessly connected to Great World Mass Rapid Transit Railway Station on the Thomson-East Coast Mass Rapid Transport Network link. Spanning across two 19-storey residential blocks, The development comes with wide spectrum of layout which includes three- and four-bedroom units ranging from 1,292 to 3,412 sq ft. Each block also has six penthouse units on the 19th floor that range from 3,606 to 5,231 sq ft. Melrose Park has yet to see transaction since April 2022 only until the recent sales done in Aug, when a 3,315 sq ft unit changed hands for $6.9 million ($2,081 psf). The Montana, a freehold condo on Jalan Mutiara in District 10, is Another development that attained a record psf-price. A three-bedroom 10th floor residential dwelling with a dimension of 1,141 sq ft brokered successfully for $2.725 million, or $2,388 psf, on Aug 17. the previous record of $2,251 psf caveat lodged approximately a decade ago, in September 2K13, when a 549 sq ft unit was sold for $1.24 million was smashed with the new done deal. The Montana is a 108-units luxurious development splendidly developed by Koh Brothers Development which was legally completed in in 2002. units configuration range from one- to four-bedders between 549 and 2,659 sq ft. Situated along the River Valley private nestled, it is walking distance to several eateries and shops that line River Valley Road and Zion Road as well as Great World Mass Rapid Transit Railway Station on the Thomson East Coast Line Singapore.
