DoneDeals
THEEDGE SINGAPORE | jUNE 15, 2009 •1
Done Deals
THEEDGE SINGAPORE | juNE 15 2009 • 1
The Edge Singapore Property Transaction Tracker
The newly completed Metropolitan condominium next to Redhill MRT.
Picture by The edge singapore
Picture by samuel isaac chua
The 248-unit Cairnhill Crest, completed in 2004 and located in Cairnhill Circle, is seeing prices in the $1,400 to $1,500 psf level in recent transactions.
Prices on the uptick
T
he dramatic improvement in sentiment has already resulted in property prices creeping up over the past two months, particularly in the secondary market. According to anecdotal evidence, owners are sticking to their asking prices, with some even withdrawing their properties from the market in the hope of fetching a higher price later on. At the prestigious Ardmore Park, the bellwether for luxury condominiums, owners are now said to be asking for at least $2,200 psf, and even this is a moving target. According to a recent caveat, a unit on the 23rd floor changed hands in the resale market for $6.45 million, or $2,236 psf. Just three months ago in March, a unit two floors down was sold for $5.7 million, or $1,976 psf. Even Ardmore II has seen sub-sale transactions coming back to the $2,000 psf level, with the most recent caveat for a 15th floor apartment at $2,099 psf. Meanwhile, prices have firmed up at St Regis Residences. Units in the resale market have
been changing hands in the $2,100 psf range earlier this year. The most recent transaction was done at $2,200 psf, according to the most recent caveat (see table). Over at Cairnhill Crest in Cairnhill Circle, a 1,733 sq ft apartment on the 10th floor changed hands in the resale market at $2.46 million, or $1,420 psf, according to caveats lodged from May 15 to 22. Another similar- sized apartment but located on the 14th floor was sold for close to $2.6 million, or $1,500 psf. Both apartments had changed hands at prices almost on a par with the original purchase prices four years ago, based on previous caveats lodged. The 10th floor apartment last changed hands in October 2005 for $2.503 million, or $1,444 psf. Meanwhile, the 14th floor apartment last changed hands in March 2006 for $2.69 million, or $1,552 psf. At The Metropolitan, the brand-new 382unit, 99-year leasehold condominium located next to Redhill MRT station, unit prices are holding steady, and are back to the levels seen when it was first launched in late 2006. The two
most recent caveats were those of a ninth floor apartment that changed hands at $1.08 million, or $772 psf, and a larger unit on the 20th floor that was sold for $1.43 million, or $820 psf. The owner of the 20th floor unit bought it in November 2006 when the project was launched and paid $1.32 million or $758 psf. According to Citi Investment Research’s analyst Wendy Koh in her June 11 property report, resale prices of selected projects are up 10% from their lows and developers are reducing discounts at new launches. “With strong liquidity and the widening gap between Singapore and Hong Kong properties, the spike could extend to the luxury segment,” she says. “But it appears unsustainable given that supply scheduled for completion will reach a five-year high of more than 10,000 units in 2009 and will exceed 10,000 a year through to 2011.” David Neubronner, executive director of residential at Credo Real Estate, says prices of mass and mid-tier projects have gone up 10% across the board. But buyers are still snapping up units “as they are worried that if they don’t buy today, they may have to pay a higher price tomorrow”, he observes. Koh cautions, however, that “fundamentals will come back into focus when the euE phoria wanes”.
2 • THEEDGE SINGAPORE | jUNE 15, 2009
Done Deals Project
Apartment and condo transactions with contract dates from May 15 to 22 Property Tenure Contract Type Date
Floor Area (sq ft)
Transacted Price ($)
Unit Price Completion Type of Purchaser ($ psf) Date Sale Address
District 1 THE LINCOLN RESIDENCES
Condominium
Freehold
May 6, 2009
1,367
$1,671,000
$1,222
Uncompleted
New Sale
THE CLIFT
Apartment
99 years
May 21, 2009
527
655,000
1,242
Uncompleted
Sub Sale
Private HDB
THE SAIL @ MARINA BAY
Apartment
99 years
May 19, 2009
614
921,000
1,501
2008
Sub Sale
HDB
THE SAIL @ MARINA BAY
Apartment
99 years
May 15, 2009
592
947,200
1,600
2008
Sub Sale
HDB
MARINA BAY RESIDENCES
Condominium
99 years
May 15, 2009
753
1,219,860
1,619
Uncompleted
Sub Sale
Private
MARINA BAY RESIDENCES
Condominium
99 years
May 15, 2009
710
1,135,000
1,598
Uncompleted
Sub Sale
Private
District 2 ICON
Apartment
99 years
May 21, 2009
560
710,000
1,268
2007
Sub Sale
Private
INTERNATIONAL PLAZA
Apartment
99 years
May 20, 2009
1,604
800,000
499
1976
Resale
Private
ICON
Apartment
99 years
May 18, 2009
570
737,000
1,292
2007
Sub Sale
HDB HDB
District 3 TANGLIN VIEW
Condominium
99 years
May 20, 2009
1,464
1,225,000
837
2001
Resale
THE METROPOLITAN CONDO
Condominium
99 years
May 19, 2009
1,399
1,080,028
772
Uncompleted
Sub Sale
PEARL BANK APARTMENT
Apartment
89 years
May 19, 2009
1,755
1,000,000
570
1976
Resale
THE REGENCY AT TIONG BAHRU
Condominium
Freehold
May 18, 2009
958
862,200
900
Uncompleted
Sub Sale
HDB
THE METROPOLITAN CONDO
Condominium
99 years
May 15, 2009
1,744
1,430,080
820
Uncompleted
Sub Sale
Private
TANGLIN VIEW
Condominium
99 years
May 15, 2009
1,141
1,181,900
1,036
2001
Resale
Private
HDB Private
District 4 TERESA VILLE
Condominium
Freehold
May 21, 2009
1,959
1,557,000
795
1985
Resale
Private
CARIBBEAN AT KEPPEL BAY
Condominium
99 years
May 20, 2009
1,281
1,320,000
1,031
2004
Resale
Private
TERESA VILLE
Condominium
Freehold
May 15, 2009
1,356
1,150,000
848
1986
Resale
Private Private
District 5 WESTCOVE CONDO
Condominium
99 years
May 22, 2009
1,206
710,000
589
1998
Resale
CLEMENTIWOODS CONDO
Condominium
99 years
May 21, 2009
1,389
935,000
673
Uncompleted
Sub Sale
HDB
FABER CREST
Condominium
99 years
May 21, 2009
1,281
698,000
545
2001
Resale
HDB
CLEMENTIWOODS CONDO
Condominium
99 years
May 20, 2009
1,528
968,000
633
Uncompleted
Sub Sale
HDB
HERITAGE VIEW
Condominium
99 years
May 20, 2009
1,195
792,000
663
2000
Resale
HDB
THE ROCHESTER
Apartment
99 years
May 20, 2009
1,281
1,152,900
900
Uncompleted
New Sale
HDB
DOVER PARKVIEW
Condominium
99 years
May 20, 2009
936
650,000
694
1997
Resale
HDB
CARABELLE
Condominium
956 years
May 19, 2009
1,302
900,000
691
Uncompleted
Sub Sale
HDB
LUXE VILLE
Apartment
Freehold
May 19, 2009
980
766,779
783
Uncompleted
New Sale
BOTANNIA
Condominium
956 years
May 18, 2009
1,281
850,000
664
Uncompleted
Sub Sale
Private Private
HDB
THE CLEMENTVALE
Terrace House
99 years
May 18, 2009
2,433
985,000
405
2001
Resale
GRYPHON TERRACE
Terrace House
Freehold
May 18, 2009
2,336
1,050,000
450
1996
Resale
THE ROCHESTER
Apartment
99 years
May 18, 2009
1,281
1,152,900
900
Uncompleted
New Sale
Private
HDB
VISTA PARK
Condominium
99 years
May 18, 2009
947
538,000
568
1985
Resale
Private
LUXE VILLE
Apartment
Freehold
May 15, 2009
1,991
1,356,724
681
Uncompleted
New Sale
Private
BOTANNIA
Condominium
956 years
May 15, 2009
1,572
1,145,000
729
Uncompleted
Sub Sale
Private
District 7 CONCOURSE SKYLINE
Apartment
99 years
May 19, 2009
872
1,015,280
1,164
Uncompleted
New Sale
CONCOURSE SKYLINE
Apartment
99 years
May 18, 2009
1,109
1,260,000
1,136
Uncompleted
New Sale
BURLINGTON SQUARE A
partment
99 years
May 15, 2009
872
730,000
837
1998
Resale
SOUTHBANK
Apartment
99 years
May 15, 2009
592
622,000
1,051
Uncompleted
Sub Sale
HDB HDB Private HDB
District 8 CITYLIGHTS
Condominium
99 years
May 21, 2009
893
772,000
864
2007
Resale
Private
CITY SQUARE RESIDENCES
Condominium
Freehold
May 20, 2009
872
790,000
906
Uncompleted
ub Sale
Private
TYRWHITT 139
Apartment
Freehold
May 20, 2009
495
510,000
1,030
Uncompleted
Sub Sale
Private
THEEDGE SINGAPORE | jUNE 15, 2009 •3
Done Deals
Project
Property Tenure Contract Type Date
Floor Area (sq ft)
Transacted Price ($)
Unit Price Completion Type of Purchaser ($ psf) Date Sale Address
D’CAMBRIDGE
Apartment
Freehold
May 20, 2009
732
615,000
840
CITY SQUARE RESIDENCES
Condominium
reehold
May 18, 2009
570
603,000
1,057
2006
Resale
Uncompleted
Sub Sale
KERRISDALE
Condominium
99 years
May 15, 2009
1,270
840,000
KERRISDALE
Condominium
99 years
May 15, 2009
1,259
820,000
Private
661
2005
Resale
Private
651
2005
Resale
HDB
HDB
District 9 THE REGALIA
Apartment
Freehold
May 21, 2009
1,249
1,150,000
921
1993
Resale
Private
MIRAGE TOWER
Condominium
Freehold
May 20, 2009
1,227
1,227,000
1,000
1996
Resale
Private
ROBERTSON 100
Apartment
Freehold
May 20, 2009
1,044
1,190,000
1,140
2004
Resale
Private
RIVERGATE
Apartment
Freehold
May 20, 2009
1,464
1,947,120
1,330
2009
Sub Sale
Private
THE SUITES AT CENTRAL
Condominium
Freehold
May 19, 2009
1,572
2,670,000
1,699
2009
Sub Sale
Private
RIVERGATE
Apartment
Freehold
May 18, 2009
1,690
2,332,200
1,380
2009
Sub Sale
Private Private
KIM YAM HEIGHTS
Condominium
Freehold
May 18, 2009
1,238
1,110,000
897
1999
Resale
LEONIE GARDENS
Condominium
99 years
May 18, 2009
3,261
3,261,500
1,000
1993
Resale
RIVERGATE
Apartment
Freehold
May 18, 2009
1,507
2,035,450
1,351
2009
Sub Sale
Private Private
CASA CAIRNHILL
Apartment
Freehold
May 18, 2009
3,035
2,980,000
982
1991
Resale
MOUNT SOPHIA SUITES
Apartment
Freehold
May 18, 2009
646
781,660
1,210
Uncompleted
New Sale
RIVERGATE
Apartment
Freehold
May 15, 2009
1,711
2,395,400
1,400
2009
Sub Sale
HDB
HDB Private
THE SUITES AT CENTRAL
Condominium
Freehold
May 15, 2009
1,572
2,610,000
1,661
2009
Sub Sale
Private
CAIRNHILL CREST
Condominium
Freehold
May 15, 2009
1,733
2,460,000
1,420
2004
Resale
Private
CAIRNHILL CREST
Condominium
Freehold
May 15, 2009
1,733
2,599,000
1,500
2004
Resale
Private Private
District 10 ARDMORE PARK
Condominium
Freehold
May 22, 2009
2,885
6,450,000
2,236
2001
Resale
THE EQUATORIAL
Condominium
Freehold
May 22, 2009
1,722
1,900,000
1,103
2001
Resale
ONE JERVOIS
Condominium
Freehold
May 21, 2009
990
1,039,500
1,050
Uncompleted
Sub Sale
ARDMORE II
Condominium
Freehold
May 21, 2009
2,024
4,248,300
2,099
Uncompleted
Sub Sale
Private
STEVENS COURT
Condominium
Freehold
May 21, 2009
5,048
6,900,000
1,367
1989
Resale
Private Private
HDB Private
MELROSE PARK
Condominium
999 years
May 21, 2009
1,346
1,540,000
1,145
2000
Resale
SOMMERVILLE PARK
Condominium
Freehold
May 21, 2009
1,302
1,280,000
983
1985
Resale
HDB
RIDGEWOOD
Condominium
999 years
May 20, 2009
1,744
1,200,000
688
1981
Resale
HDB
VERDURE
Condominium
Freehold
May 20, 2009
1,421
1,952,100
1,374
Uncompleted
New Sale
Private
ASTRID MEADOWS
Condominium
Freehold
May 20, 2009
1,378
1,650,000
1,198
1990
Resale
Private
DUCHESS CREST
Condominium
99 years
May 20, 2009
1,711
1,463,000
855
1998
Resale
Private
THE TESSARINA
Condominium
Freehold
May 20, 2009
1,356
1,280,000
944
2003
Resale
Private
53 LIM TAI SEE WALK
Semi-Detached
House
Freehold
May 19, 2009
4,209
3,750,000
891
1995
Resale
Private
ST REGIS RESIDENCES SINGAPORE Apartment
999 years
May 19, 2009
2,153
4,736,600
2,200
2008
Sub Sale
Private
JAYA TOWERS
Apartment
Freehold
May 18, 2009
2,024
1,500,000
741
1979
Resale
Private
DUKE’S GARDEN
Semi-Detached
House
999 years
May 18, 2009
3,778
3,650,000
967
1980
Resale
Private
THE SIXTH AVENUE RESIDENCES
Condominium
Freehold
May 18, 2009
2,605
2,370,550
910
Uncompleted
Sub Sale
Private
VERDURE
Condominium
Freehold
May 18, 2009
1,733
2,169,230
1,252
Uncompleted
New Sale
Private
THE GRANGE
Condominium
Freehold
May 18, 2009
1,765
3,080,000
1,745
2008
Resale
Private
72 GRANGE ROAD
Apartment
Freehold
May 18, 2009
4,047
5,700,000
1,408
1995
Resale
Private
16 JALAN ISTIMEWA
Semi-Detached
House
999 years
May 16, 2009
3,488
2,680,000
768
1967
Resale
Private
THE TESSARINA
Condominium
Freehold
May 15, 2009
1,356
1,250,000
922
2003
Resale
Private
THE SIXTH AVENUE RESIDENCES
Condominium
Freehold
May 15, 2009
969
1,050,000
1,084
TANGLIN REGENCY
Condominium
99 years
May 15, 2009
1,292
980,000
759
576 SIXTH AVENUE
Semi-Detached
Uncompleted
Sub Sale
1998
Resale
Private
HDB
Private
House
999 years
May 15, 2009
3,315
1,800,000
543
Unknown
Resale
DALVEY COURT
Apartment
Freehold
May 15, 2009
2,142
1,818,000
849
1976
Resale
VERDURE
Condominium
Freehold
May 15, 2009
947
1,421,327
1,501
Uncompleted
New Sale
Private
THE FERNHILL
Apartment
Freehold
May 15, 2009
1,066
1,545,700
1,450
2009
Sub Sale
Private
HDB
District 11 HILLCREST ARCADIA
Condominium
99 years
May 19, 2009
1,42
1 850,000
598
1980
Resale
HDB
THE ARCADIA
Condominium
99 years
May 19, 2009
3,821
2,890,000
756
1983
Resale
Private
SOLEIL @ SINARAN
Condominium
99 years
May 18, 2009
1,464
1,780,000
1,216
Uncompleted
Sub Sale
55 TREVOSE CRESCENT
Semi-Detached
House
Freehold
May 18, 2009
7,901
6,500,000
822
THE SHELFORD
Condominium
Freehold
May 18, 2009
1,539
1,650,000
1,072
HDB
Unknown
Resale
Private
2005
Resale
Private
AMARYLLIS VILLE
Condominium
99 years
May 18, 2009
1,259
1,165,000
925
2004
Resale
HDB
MULBERRY TREE
Apartment
Freehold
May 15, 2009
452
550,000
1,217
Uncompleted
New Sale
HDB
CITY REGENCY
Apartment
Freehold
May 22, 2009
517
475,000
919
Uncompleted
Sub Sale
MOONSTONE ROYALE
Apartment
Freehold
May 21, 2009
840
495,000
590
2003
Resale
HDB
MAR THOMA MANSIONS
Apartment
999 years
May 18, 2009
1,528
721,000
472
1995
Resale
Private
THE ARTE
Condominium
Freehold
May 18, 2009
1,873
1,614,350
862
Uncompleted
New Sale
Private
SUNVILLE
Apartment
Freehold
May 15, 2009
2,024
1,200,000
593
2005
Resale
Private
District 12 Private
4 • THEEDGE SINGAPORE | jUNE 15, 2009
Done Deals Project
Apartment and condo transactions with contract dates from May 15 to 22 Property Tenure Contract Type Date
Floor Area (sq ft)
Transacted Price ($)
Unit Price Completion Type of Purchaser ($ psf) Date Sale Address
District 13 34 SIANG KUANG AVENUE
Terrace House
Freehold
May 22, 2009
1,475
1,000,000
679
1955
Resale
HDB
8 CARMICHAEL ROAD
Detached House
Freehold
May 22, 2009
6,545
4,210,000
643
1997
Resale
Private Private
ONE LEICESTER
Condominium
Freehold
May 21, 2009
904
690,000
763
2008
Sub Sale
WOODSVILLE 28
Apartment
99 years
May 20, 2009
1,033
796,000
770
Uncompleted
New Sale
WOODSVILLE 28
Apartment
99 years
May 18, 2009
1,033
790,000
765
Uncompleted
New Sale
THE ACACIAS
Apartment
Freehold
May 18, 2009
1,378
1,212,000
880
2009
Sub Sale
Private
D’ ALMIRA
Apartment
Freehold
May 15, 2009
1,227
900,000
733
Uncompleted
New Sale
Private
HDB HDB
District 14 SIMSVILLE
Condominium
99 years
May 22, 2009
1,249
665,900
533
1998
Resale
Private
ASTORIA PARK
Condominium
99 years
May 19, 2009
958
630,000
658
1995
Resale
HDB
MILL CREEK
Apartment
Freehold
May 18, 2009
915
680,000
743
Uncompleted
New Sale
HDB
ASTORIA PARK
Condominium
99 years
May 15, 2009
1,195
700,000
586
1995
Resale
HDB
District 15 8A GRAY LANE
Apartment
Freehold
May 22, 2009
1,259
720,000
572
1993
Resale
VERSILIA ON HAIG
Condominium
Freehold
May 21, 2009
1,023
838,814
820
Uncompleted
New Sale
Private
HDB Private
PEBBLE BAY
Condominium
99 years
May 21, 2009
2,626
2,200,000
838
1997
Resale
SANCTUARY GREEN
Condominium
99 years
May 21, 2009
1,399 9
50,000
679
2004
Resale
HDB
WATER PLACE
Condominium
99 years
May 21, 2009
1,216
997,120
820
2004
Resale
HDB Private
DUNMAN VIEW
Condominium
99 years
May 21, 2009
850
600,000
706
2004
Resale
COTE D’AZUR
Condominium
99 years
May 21, 2009
1,313
1,120,000
853
2004
Resale
HDB
53A LORONG H TELOK KURAU
Terrace House
Freehold
May 21, 2009
2,271
1,550,000
682
Unknown
Resale
Private Private
OCEAN PARK
Condominium
Freehold
May 21, 2009
2,110
1,620,000
768
1984
Resale
SEA AVENUE RESIDENCES
Apartment
Freehold
May 20, 2009
1,679
1,080,000
643
2006
Resale
ONE AMBER
Condominium
Freehold
May 20, 2009
1,259
1,183,460
940
Uncompleted
Sub Sale
HDB Private
PEBBLE BAY
Condominium
99 years
May 20, 2009
1,894
1,900,000
1,003
1997
Resale
HDB
PEBBLE BAY
Condominium
99 years
May 20, 2009
2,336
1,980,000
848
1997
Resale
Private Private
ONE AMBER
Condominium
Freehold
May 19, 2009
1,313
1,194,830
910
Uncompleted
Sub Sale
JOO CHIAT MANSIONS
Apartment
Freehold
May 19, 2009
1,238
530,000
428
1986
Resale
HDB
THE ESPIRA
Apartment
Freehold
May 19, 2009
1,055
828,000
785
2009
Sub Sale
HDB
PEBBLE BAY
Condominium
99 years
May 19, 2009
1,302
950,000
729
1997
Resale
HDB
THE PROMINENCE
Apartment
Freehold
May 18, 2009
1,163
705,000
606
2005
Resale
Private
FRANKEL ESTATE
Semi-Detached
House
Freehold
May 18, 2009
4,822
3,380,000
702
1965
Resale
HDB
PALM OASIS
Apartment
Freehold
May 18, 2009
1,464
820,000
560
2008
Resale
HDB
THE GERANIUM
Condominium
Freehold
May 18, 2009
980
698,000
713
2006
Resale
HDB
ODEON KATONG SHOPPING COMPLEX
Apartment
Freehold
May 18, 2009
926
630,000
681
1983
Resale
Private
D’ECOSIA
Condominium
Freehold
May 18, 2009
678
570,000
841
2003
Resale
HDB
10 RINGWOOD ROAD
Semi-Detached
House
Freehold
May 18, 2009
4,984
3,950,000
792
1989
Resale
Private
THE BELVEDERE
Condominium
Freehold
May 18, 2009
1,012
1,184,040
1,170
2007
Resale
Private
6 TENG TONG ROAD
Terrace House
Freehold
May 18, 2009
1,550
820,000
530
1939
Resale
HDB
257A TANJONG KATONG ROAD
Apartment
Freehold
May 16, 2009
872
575,000
659
Unknown
Resale
Private
IMPERIAL HEIGHTS
Apartment
Freehold
May 15, 2009
581
550,000
946
Uncompleted
Sub Sale
RIVAGE
Apartment
Freehold
May 15, 2009
3,283
3,000,000
914
Uncompleted
New Sale
Private
Freehold
May 15, 2009
1,690
2,055,000
1,216
2009
Sub Sale
Private
HDB
THE VIEW @ MEYER
Apartment
117 LORONG H TELOK KURAU
Semi-Detached
House
Freehold
May 15, 2009
4,532
2,100,000
464
1989
Resale
Private
16 PARKSTONE ROAD
Detached House
Freehold
May 15, 2009
8,568
5,200,000
607
Unknown
Resale
Private
TROPICS @ HAIGSVILLE
Apartment
Freehold
May 15, 2009
581
470,000
809
Uncompleted
New Sale
43A GOODMAN ROAD
Detached House
Freehold
May 15, 2009
5,253
5,560,000
1,059
Uncompleted
New Sale
HDB
KATONG PARK TOWERS
Condominium
99 years
May 15, 2009
1,711
984,000
575
1987
Resale
TROPICS @ HAIGSVILLE
Apartment
Freehold
May 15, 2009
840
677,912
807
Uncompleted
New Sale
MANDARIN GARDEN CONDO
Condominium
99 years
May 15, 2009
1,572
975,000
620
1986
Resale
Private
CASA MERAH
Apartment
99 years
May 22, 2009
947
663,000
700
Uncompleted
Sub Sale
Private
BAYSHORE PARK
Condominium
99 years
May 22, 2009
1,076
650,000
604
1986
Resale
HDB
TANAMERA CREST
Condominium
99 years
May 22, 2009
1,206
720,000
597
2004
Resale
HDB
HDB Private HDB
District 16
SUNHAVEN
Condominium
Freehold
May 22, 2009
990
630,000
636
2002
Resale
HDB
BAYSHORE PARK
Condominium
99 years
May 21, 2009
936
588,000
628
1986
Resale
Private
LAGUNA GREEN
Condominium
99 years
May 20, 2009
1,023
610,000
597
1998
Resale
Private
D’MANOR
Terrace House
99 years
May 20, 2009
3,305
1,190,000
360
2000
Resale
Private
CHANGI COURT
Condominium
Freehold
May 20, 2009
1,163
688,000
592
1997
Resale
Private
PICARDY GARDENS
Apartment
Freehold
May 19, 2009
2,788
1,550,000
556
Unknown
Resale
Private
Freehold
May 18, 2009
10,107
4,800,000
475
1980
Resale
Private
Freehold
May 18, 2009
3,498
1,618,000
462
Unknown
Resale
Private
51 JALAN GREJA
Detached House
10 JALAN LIMAU PURUT
Semi-Detached
House
THEEDGE SINGAPORE | jUNE 15, 2009 •5
Done Deals
Project
Property Tenure Contract Type Date
Floor Area (sq ft)
Transacted Price ($)
Unit Price Completion Type of Purchaser ($ psf) Date Sale Address
BREEZE BY THE EAST
Condominium
Freehold
May 15, 2009
2,077
1,709,371
823
Uncompleted
New Sale
38 JALAN PARI UNAK
Detached House
Freehold
May 15, 2009
4,973
2,500,000
503
1992
Resale
HDB
BAYSHORE PARK
Condominium
99 years
May 15, 2009
1,292
780,000
604
1986
Resale
Private Private
Private
EAST MEADOWS
Condominium
99 years
May 15, 2009
1,281
750,000
586
2001
Resale
RIVIERA RESIDENCES
Condominium
Freehold
May 15, 2009
1,216
930,000
765
2007
Resale
HDB
LAGUNA 88
Condominium
99 years
May 15, 2009
1,195
688,000
576
2000
Resale
Private
BAYWATER
Condominium
99 years
May 15, 2009
1,281
768,600
600
2006
Resale
DB
District 17 15 JALAN CHELAGI
Semi-Detached
House
Freehold
May 21, 2009
3,606
1,605,000
445
Unknown
Resale
HDB
ESTELLA GARDENS
Condominium
Freehold
May 21, 2009
1,119
520,000
465
1999
Resale
Private
FERRARIA PARK CONDO
Condominium
Freehold
May 18, 2009
1,023
628,000
614
Uncompleted
Sub Sale
Private
LOYANG VILLAS
Terrace House
99 years
May 15, 2009
2,034
790,000
388
1995
Resale
HDB
District 18 THE TROPICA
Condominium
99 years
May 22, 2009
990
580,000
586
2000
Resale
HDB
EASTPOINT GREEN
Condominium
99 years
May 21, 2009
1,130
600,000
531
1999
Resale
HDB
SAVANNAH CONDOPARK
Condominium
99 years
May 20, 2009
1,238
740,000
598
2005
Resale
HDB
TAMPINES COURT
Condominium
101 years
May 20, 2009
1,722
565,000
328
Unknown
Resale
Private Private
SAVANNAH CONDOPARK
Condominium
99 years
May 19, 2009
1,227
726,000
592
2005
Resale
TAMPINES COURT
Condominium
101 years
May 19, 2009
1,722
530,000
308
Unknown
Resale
LIVIA
Condominium
99 years
May 19, 2009
1,324
810,000
612
Uncompleted
New Sale
HDB Private
RIS GRANDEUR
Condominium
Freehold
May 18, 2009
3,294
1,500,000
455
2005
Resale
Private
EASTPOINT GREEN
Condominium
99 years
May 18, 2009
1,130
630,000
557
1999
Resale
Private
DOUBLE BAY RESIDENCES
Condominium
99 years
May 18, 2009
926
647,026
699
Uncompleted
New Sale
HDB
TAMPINES COURT
Condominium
101 years
May 15, 2009
1,690
578,000
342
Unknown
Resale
HDB
TROPICAL SPRING
Condominium
99 years
May 15, 2009
1,066 6
43,000
603
2002
Resale
Private
CHANGI RISE CONDO
Condominium
99 years
May 15, 2009
1,259
673,000
534
2004
Resale
HDB
THE EDEN AT TAMPINES
Executive 99 years
May 15, 2009
1,238
630,000
509
2003
Resale
HDB
Condominium
THE EDEN AT TAMPINES
Executive
Condominium
99 years
May 15, 2009
861
470,000
546
2003
Resale
HDB
SAVANNAH CONDOPARK
Condominium
99 years
May 15, 2009
1,733
875,000
505
2005
Resale
HDB
SIMEI GREEN CONDO
Executive
Condominium
99 years
May 15, 2009
1,399
670,000
479
999
Resale
Private
District 19 BAYOU RESIDENCE
Apartment
Freehold
May 22, 2009
786
540,000
687
2008
New Sale
HDB
REGENTVILLE
Apartment
99 years
May 22, 2009
1,744
665,000
381
1999
Resale
HDB
COMPASS HEIGHTS
Apartment
99 years
May 21, 2009
1,249
625,000
501
2002
Resale
HDB
REGENTVILLE
Apartment
99 years
May 21, 2009
1,744
728,000
417
1999
Resale
HDB
FIORENZA
Apartment
Freehold
May 20, 2009
840
743,000
885
Uncompleted
New Sale
HDB
PRINCETON VALE
Terrace House
99 years
May 20, 2009
2,508
1,180,000
470
2001
Resale
HDB Private
TIVOLI GARDENS
Terrace House
99 years
May 20, 2009
1,615
1,045,000
647
1998
Resale
CHERRY GARDENS
Apartment
99 years
May 19, 2009
1,055
630,000
597
2004
Resale
HDB
SERANGOON GARDEN ESTATE
Terrace House
999 years
May 19, 2009
2,799
2,230,000
797
Unknown
Resale
Private
3@SANDILANDS
Apartment
999 years
May 19, 2009
764
553,000
724
Uncompleted
New Sale
THE QUARTZ
Condominium
99 years
May 18, 2009
1,518
560,000
369
2009
Sub Sale
Private
47 PAYA LEBAR CRESCENT
Detached House
Freehold
May 18, 2009
5,188
2,260,000
435
1998
Resale
Private
THE RIVERVALE
Executive
HDB
Condominium
99 years
May 18, 2009
1,313
572,000
436
2000
Resale
Private
TAI HWAN PARK
Terrace House
Freehold
May 18, 2009
1,776
1,230,000
691
1990
Resale
Private
RIVERVALE CREST
Apartment
99 years
May 18, 2009
1,464
700,000
478
2002
Resale
HDB
18 SANDILANDS ROAD
Terrace House
999 years
May 18, 2009
2,949
1,660,000
564
Unknown
Resale
Private
SERANGOON GARDEN ESTATE
Detached House
999 years
May 15, 2009
4,779
3,350,000
702
1999
Resale
Private
SERANGOON GARDEN ESTATE
Terrace House
999 years
May 15, 2009
2,637
1,080,000
409
Unknown
Resale
Private Private
COMPASS HEIGHTS
Apartment
99 years
May 15, 2009
2,637
1,105,000
419
2002
Resale
CHILTERN PARK
Condominium
99 years
May 15, 2009
1,249
709,485
568
1995
Resale
HDB
REGENTVILLE
Apartment
99 years
May 15, 2009
1,044
480,000
460
1999
Resale
HDB
THE FLORIDA
Executive
Condominium
99 years
May 15, 2009
1,292
570,000
441
2000
Resale
HDB
District 20 SEMBAWANG HILLS ESTATE
Terrace House
Freehold
May 22, 2009
2,002
943,888
472
Unknown
Resale
HDB
SEMBAWANG HILLS ESTATE
Terrace House
Freehold
May 22, 2009
1,518
50,000
625
Unknown
Resale
HDB
HAPPY ESTATE
Semi-Detached Private
House
Freehold
May 22, 2009
7395
2,750,000
372
1984
Resale
Golden Park Hill Condo
Condominium
Freehold
May 20, 2009
2,142
1,320,000
616
2004
Resale
HDB
SEMBAWANG HILLS ESTATE
Terrace House
Freehold
May 20, 2009
2,002
1,700,000
850
Unknown
Resale
Private
SEMBAWANG HILLS ESTATE
Terrace House
Freehold
May 19, 2009
1,981
838,000
423
Unknown
Resale
HDB
6 • THEEDGE SINGAPORE | jUNE 15, 2009
Done Deals
Apartment and condo transactions with contract dates from May 15 to 22
Project
Property Tenure Contract Type Date
ISLAND COUNTRY VILLAS
Semi-Detached
Floor Area (sq ft)
Transacted Price ($)
Unit Price Completion Type of Purchaser ($ psf) Date Sale Address
House
99 years
May 19, 2009
2,411
1,250,000
518
1999
Resale
HDB
KINGSGROVE
Condominium
Freehold
May 18, 2009
1,528
758,000
496
1992
Resale
HDB Private
WINDSOR PARK ESTATE
Detached House
Freehold
May 18, 2009
9,171
5,000,000
545
Unknown
Resale
RAFFLESIA CONDO
Condominium
99 years
May 18, 2009
915
680,000
743
2003
Resale
HDB
18 JALAN MINGGU
Terrace House
Freehold
May 18, 2009
1,152
810,000
707
Unknown
Resale
Private
CLOVER BY THE PARK
Condominium
99 years
May 18, 2009
1,582
1,063,120
672
Uncompleted
New Sale
Private
District 21 HILLVIEW GREEN
Condominium
999 years
May 22, 2009
980
590,000
602
1998
Resale
HDB
PANDAN VALLEY
Condominium
Freehold
May 22, 2009
1,335
860,000
644
1978
Resale
Private
SPRINGDALE CONDO
Condominium
999 years
May 22, 2009
1,109
800,000
722
1998
Resale
HDB
SYMPHONY HEIGHTS
Condominium
Freehold
May 21, 2009
1,346
860,000
639
1998
Resale
HDB
1 KING ALBERT PARK
Condominium
Freehold
May 21, 2009
1,281
1,038,000
810
1997
Resale
Private
MAPLEWOODS
Condominium
Freehold
May 19, 2009
2,551
2,050,000
804
1997
Resale
Private Private
SUMMERHILL
Condominium
Freehold
May 18, 2009
1,302
790,000
607
2002
Resale
THE BEVERLY
Apartment
Freehold
May 18, 2009
1,119
941,000
841
Uncompleted
New Sale
GRAND CHATEAU
Condominium
Freehold
May 15, 2009
1,249
750,000
601
1996
Resale
HDB Private
HIGH OAK CONDO
Condominium
99 years
May 15, 2009
1,163
680,000
585
1999
Resale
HDB
SYMPHONY HEIGHTS
Condominium
Freehold
May 15, 2009
1,206
780,000
647
1998
Resale
HDB
LAKESIDE GROVE
Terrace House
99 years
May 22, 2009
2,228
1,010,000
453
1998
Resale
Private
THE FLORAVALE
Executive Private
District 22
Condominium
99 years
May 22, 2009
1,249
535,000
428
2000
Resale
THE LAKESHORE
Condominium
99 years
May 21, 2009
1,141
800,000
701
2007
Resale
HDB
LAKEHOLMZ
Condominium
99 years
May 21, 2009
1,249
688,000
551
2005
Resale
Private
WESTWOOD PARK
Terrace House
99 years
May 21, 2009
1,615
888,000
550
1998
Resale
HDB
THE FLORAVALE
Executive
Condominium
99 years
May 20, 2009
1,292
540,000
418
2000
Resale
HDB
THE LAKESHORE
Condominium
99 years
May 20, 2009
1,109
950,800
858
2008
Resale
Private
LAKESIDE APARTMENTS
Apartment
99 years
May 20, 2009
1,518
570,000
376
Unknown
Resale
HDB
THE FLORAVALE
Executive Private
Condominium
99 years
May 20, 2009
1,238
518,000
418
2000
Resale
THE CENTRIS
Apartment
99 years
May 19, 2009
1,507
938,000
622
Uncompleted
Sub Sale
CASPIAN
Condominium
99 years
May 19, 2009
1,593
980,100
615
Uncompleted
New Sale
HDB
PARC OASIS
Condominium
99 years
May 19, 2009
1,378
705,000
512
1994
Resale
HDB
HDB
LAKESIDE GROVE
Terrace House
99 years
May 18, 2009
1,615
910,000
564
1999
Resale
HDB
CASPIAN
Condominium
99 years
May 18, 2009
1,238
796,500
643
Uncompleted
New Sale
HDB
CASPIAN
Condominium
99 years
May 18, 2009
1,238
807,240
652
Uncompleted
New Sale
HDB
THE CENTRIS
Apartment
99 years
May 15, 2009
1,281
830,000
648
Uncompleted
Sub Sale
HDB
THE MAYFAIR
Condominium
99 years
May 15, 2009
1,313
680,000
518
2000
Resale
HDB
CASPIAN
Condominium
99 years
May 15, 2009
1,216
748,800
616
Uncompleted
New Sale
HDB
THE FLORAVALE
Executive
Condominium
99 years
May 15, 2009
1,216
520,000
428
2000
Resale
HDB
District 23 BURGUNDY HILL
Semi-Detached
House
99 years
May 21, 2009
2,508
1,320,000
526
1999
Resale
HDB
THE DAIRY FARM
Condominium
Freehold
May 21, 2009
1,163
705,000
606
1985
Resale
Private
An all-new website
Register to enjoy full access to Daily Breaking News, Comment and Analysis on Business & Markets, Politics & Government, and more
www.theedgemalaysia.com Your window to Business & Markets, Politics & Government in Malaysia
THEEDGE SINGAPORE | jUNE 15, 2009 •7
Done Deals
Project
Property Tenure Contract Type Date
Floor Area (sq ft)
Transacted Price ($)
Unit Price Completion Type of Purchaser ($ psf) Date Sale Address
CHESTERVALE
Executive
Condominium
99 years
May 21, 2009
1,421
626,000
441
1999
Resale
HDB
REGENT HEIGHTS
Condominium
99 years
May 21, 2009
1,023
535,000
523
Unknown
Resale
HDB Private
VILLA VERDE
Terrace House
99 years
May 21, 2009
1,615
925,000
573
2000
Resale
REGENT GROVE
Condominium
99 years
May 21, 2009
1,163
570,000
490
2000
Resale
HDB
GLENDALE PARK
Condominium
Freehold
May 20, 2009
1,313
835,000
636
2000
Resale
Private
MAYSPRINGS
Apartment
99 years
May 20, 2009
1,292
595,000
461
1998
resale
HDB
YEW MEI GREEN
Executive
Condominium
99 years
May 19, 2009
1,292
590,000
457
2000
Resale
HDB
PAVILION PARK
Terrace House
Freehold
May 19, 2009
2,336
1,668,888
716
2008
Sub Sale
HDB
MI CASA
Condominium
99 years
May 19, 2009
1,259
824,900
655
Uncompleted
New Sale
NORTHVALE
Apartment
99 years
May 18, 2009
1,270
583,000
459
1998
Resale
HDB
REGENT GROVE
Condominium
99 years
May 18, 2009
926
490,000
529
2000
Resale
HDB
MI CASA
Condominium
99 years
May 18, 2009
1,281
833,000
650
Uncompleted
New Sale
MAYSPRINGS
Apartment
99 years
May 18, 2009
1,302
585,000
449
1998
Resale
HDB
THE AMSTON
Apartment
999 years
May 18, 2009
1,313
700,000
533
1998
Resale
HDB
Private
Private
HAZEL PARK CONDO
Condominium
999 years
May 18, 2009
1,335
758,000
568
2000
Resale
HDB
REGENT GROVE
Condominium
99 years
May 18, 2009
1,475
715,000
485
2000
Resale
HDB
MERAWOODS
Condominium
999 years
May 18, 2009
1,001
608,000
607
1999
Resale
HDB
CHESTERVALE
Executive
Condominium
99 years
May 18, 2009
1,410
560,000
397
1999
Resale
HDB
YEWTEE RESIDENCES
Apartment
99 years
May 18, 2009
1,346
775,000
576
2008
Sub Sale
HDB HDB
MI CASA
Condominium
99 years
May 15, 2009
990
577,400
583
Uncompleted
New Sale
MI CASA
Condominium
99 years
May 15, 2009
1,259
764,170
607
Uncompleted
New Sale
HILLVIEW REGENCY
Condominium
99 years
May 15, 2009
969
580,000
599
2005
Resale
Private
HILLVIEW REGENCY
Condominium
99 years
May 15, 2009
1,119
772,110
690
2005
Resale
Private
HDB
District 25 CASABLANCA
Condominium
99 years
May 19, 2009
1,119
568,000
507
2005
Resale
HDB
WOODGROVE ESTATE
Terrace House
99 years
May 18, 2009
2,034
1,000,000
491
1996
Resale
Private
WOODGROVE CONDO
Condominium
99 years
May 15, 2009
1,184
510,000
431
1999
Resale
HDB
District 26 THE SPRINGSIDE
Terrace House
Freehold
May 21, 2009
1,711
1,270,000
742
2004
Resale
HDB
CASTLE GREEN
Condominium
99 years
May 20, 2009
1,152
653,000
567
1997
Resale
HDB
BULLION PARK
Condominium
Freehold
May 18, 2009
1,238
710,000
574
1992
Resale
Private
SPRINGLEAF GARDEN
Semi-Detached
House
Freehold
May 18, 2009
7,169
2,903,850
405
1993
Resale
Private
82 SPRINGLEAF AVENUE
Terrace House
Freehold
May 15, 2009
1,679
1,380,000
823
Unknown
Resale
HDB
District 27 21 JALAN SENDUDOK
Semi-Detached
House
999 years
May 21, 2009
4,962
1,430,000
288
Unknown
Resale
HDB
EUPHONY GARDENS
Condominium
99 years
May 21, 2009
1,163
561,000
483
2001
Resale
HDB
ORCHID PARK CONDO
Condominium
99 years
May 20, 2009
980
456,000
466
1994
Resale
HDB
SEMBAWANG SPRINGS ESTATE
Terrace House
Freehold
May 19, 2009
2,121
1,470,000
692
Unknown
Resale
HDB
2 JALAN JANGGUS
Semi-Detached
House
Freehold
May 18, 2009
2,099
1,180,000
562
Unknown
Resale
HDB
YISHUN EMERALD
Condominium
99 years
May 18, 2009
1,335
580,000
435
2002
Resale
HDB
ORCHID PARK CONDO
Condominium
99 years
May 18, 2009
958
450,000
470
1994
Resale
HDB
LILYDALE Executive
Condominium
99 years
May 15, 2009
1,238
540,000
436
2003
Resale
HDB
31 PENAGA PLACE
Terrace House
99 years
May 15, 2009
1,808
1,318,000
729
Uncompleted
New Sale
Private
5 JALAN KERAYONG
Semi-Detached
House
Freehold
May 15, 2009
2,099
900,000
429
Unknown
Resale
Private
24 INGGU ROAD
Terrace House
99 years
May 15, 2009
1,862
1,380,000
741
Uncompleted
New Sale
Private
District 28 SUNRISE GARDENS
Condominium
99 years
May 22, 2009
1,163
520,000
447
1998
Resale
HDB
STRATTON PARK
Terrace House
Freehold
May 22, 2009
2,260
1,418,000
628
1992
Resale
HDB
SELETAR HILLS ESTATE
Semi-Detached Private
House
999 years
May 20, 2009
3,401
1,730,888
509
Unknown
Resale
SUNRISE GARDENS
Condominium
99 years
May 18, 2009
1,292
620,000
480
1998
Resale
HDB
SELETAR HILLS ESTATE
Terrace House
999 years
May 18, 2009
1,647
1,420,000
864
2008
Resale
HDB
SELETAR HILLS ESTATE
Semi-Detached
House
999 years
May 18, 2009
5,102
2,800,000
549
Unknown
Resale
Private
SELETAR HILLS ESTATE
Terrace House
999 years
May 15, 2009
2,400
950,000
395
Unknown
Resale
Private
SERENITY PARK
Condominium
Freehold
May 15, 2009
1,324
670,000
506
1995
Resale
HDB
SELETAR SPRINGS CONDO
Condominium
99 years
May 15, 2009
926 4
90,000
529
2000
Resale
HDB
DISCLAIMER: Source: URA Realis. Updated as at June 10 2009. The Edge Publishing Pte Ltd shall not be responsible for any loss or liability arising directly or indirectly from the use of, or reliance on, the information provided herein.