Ultra-luxury Cuscaden Reserve sees new price high of $3,830 psf
This is slightly over the last log which had actually been established by the sale of a 936 sq ft, two-bedroom unit that is likewise on the 26th level. This unit was offered by the builder for $3.58 million ($3,826 psf) on Sept 23, 2021.
Based on URA warnings, simply 10 cautions have been lodged at Cuscaden Reserve to day.
The week also saw an additional luxury building achieve a brand-new psf fee high. An 829 sq ft, two-bedroom unit at Grange 1866 was reselled by the builder for $2.61 million ($3,145 psf) on June 23. This leaps over the previous record which had been set by a 764 sq ft, two-bedroom unit. That unit fetched $2.3 million ($3,007 psf) on May 29.
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 apartment. The record-setting unit gets on the 26th floor and also was offered by the developer for $4.45 million ($3,830 psf) on June 24.
The advancement was at first introduced for sale in April 2021, as well as according to URA cautions, two units were marketed that month. They were a 527 sq ft, one-bedroom unit that was sold for $1.45 million ($2,743 psf) on April 15, and a 764 sq ft two-bedder that was worked out for $2.06 million ($2,692 psf) on April 17.
Cuscaden Reserve is an ultra-luxury venture on 8 Cuscaden Road in prime District 10. It has a 99-year leasehold tenancy. The property is by Singapore property developer SC International Growths and also 2 Hong Kong-listed realtor business, New World Development and also Far East Consortium. The 28-storey property comprises a mix of one- to four-bedroom units that differ from 700 to 2,099 sq ft.
These 2 deals are the only two developer sales at the project so far this annum.
Grange 1866 is a shop, 60-unit condominium on Grange Road in prime District 10. The venture is a redevelopment of the former iLiv@Grange. The new plan is expected to be completed by the end of 2026. The venture comprises a single 16-storey residential block on a 20,322 sq ft, estate area. The unit mix features one-bedders and also two-bedders that extend from 527 to 1,012 sq ft.
The 192-unit development is located in among the most exclusive residential areas in Singapore. It is beside an additional ultra-luxury plan, the 54-unit Park Nova on Tomlinson Road, while the 154-unit Blvd 88 can be spotted on neighboring Orchard Boulevard. Finalized buildings in the location include The Regent Hotel Singapore, St Regis Hotel Singapore as well as St Regis Residences.
Cuscaden Reserve released its initial exclusive sneaks in 3Q2019, and 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 level was cost $2.33 million ($3,327 psf) on Sept 13, while two adjoining 926 sq ft, three-bedders on the fifth level were each cost $3.23 million ($3,489 psf) on Sept 14.