Goodwood Residence achieves new high of $2,988 psf

Goodwood Residence condo saw a new psf-price high with the sale of its 10,710 sq ft, five-bedroom penthouse for $32 million on Sept 27. The condo in District 10 recorded an $16.4 million profit for the seller and first owner of the unit who had purchased the property in June 2014 for $15.6 million ($1,457 psf). Meanwhile, Park Place Residences at Paya Lebar Quarter (PLQ) saw a new high of $2,442 psf when a 484 sq ft one-bedder sold for $1.18 million on Sept 29 while Buckley Classique, a freehold condo in District 11, also marked a new psf-price high of $2,305 psf following the sale of a 1410 sq ft, three-bedroom unit for $3.25 million on Sept 21.

Goodwood Residence, a freehold condo in District 10, saw a new psf-price high when its 10,710 sq ft, five-bedroom penthouse sold for $32 million on Sept 27. The first owner and seller of the unit had purchased it in June 2014 for a mere $15.6 million ($1,457 psf), resulting in an impressive profit of $16.4 million on its sale. The five-bedroom penthouse came with a wine room and a dedicated roof terrace, revealed the EdgeProp’s research tool. This transaction was the sixth one at Goodwood Residence this year, beating its previous psf-price high of $2,940 achieved back in November 2017 with the sale of a four-bedder for $7.5 million.

Now, the Lumina Grand EC CDL offers a special one-price preference scheme, with unit prices ranging from $927,000 all the way up to $1,398,000.

Park Place Residences at Paya Lebar Quarter (PLQ) was the second condo to register a new high psf-price in the period between Sept 19 and Oct 3. A 484 sq ft one-bedder was sold for $1.18 million, translating to $2,442 psf. This beat the previous high of $2,427 psf, recorded in July last year, when a 667 sq ft two-bedder changed hands for $1.62 million. The 99-year leasehold condo, which has 429 units, includes one to three-bedrooms, spanning between 474 and 1,367 sq ft.

Buckley Classique, a freehold condo in Novena, District 11, also clocked a new psf-price high with the sale of a 1410 sq ft three-bedroom unit for $3.25 million ($2,305 psf) on Sept 21. This beat the previous record of $2,300 psf, set in April 2013 when a 1,410 sq ft two-bedder was sold for $3.24 million. This year, Buckley Classique has seen three transactions, the first being a 3,563 sq ft four-bedder sold in February for $6.48 million ($1,819 psf) and a 1,475 sq ft three-bedder sold in July for $3.2 million ($2,170 psf).

The condo was developed by City Developments and completed in 2014. It comprises 64 one- to five-bedroom units, occupying between 1,098 and 4,359 sq ft. The majority of its buyers are Singaporeans, representing 60% of the buyer profile.

No new psf-price lows were recorded during the period in review. Goodwood Residence and Park Place Residences have given buyers confidence with their impressive new psf-price highs while Buckley Classique has also proven to be an attractive option for buyers with its new psf-price high.