Ultra-luxury Cuscaden Reserve sees new price high of $3,830 psf
The advancement was originally released offer for sale in April 2021, as well as according to URA cautions, two units were sold 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.
This is somewhat higher than the past record which had been set by the sale of a 936 sq ft, two-bedroom unit that is also on the 26th level. This unit was marketed by the builder for $3.58 million ($3,826 psf) on Sept 23, 2021.
The 192-unit development is nestled in among one of the most premium suburbs in Singapore. It is beside another ultra-luxury property, the 54-unit Park Nova on Tomlinson Road, while the 154-unit Blvd 88 can be located on nearby Orchard Blvd. Completed property developments in the location include The Regent Hotel Singapore, St Regis Hotel Singapore and also St Regis Residences.
Cuscaden Reserve is an ultra-luxury property on 8 Cuscaden Road in key District 10. It has a 99-year leasehold tenancy. The development is by Singapore builder SC Worldwide Advancements and 2 Hong Kong-listed realty business, New World Development as well as Far East Consortium. The 28-storey project comprises a mix of one- to four-bedroom units that vary from 700 to 2,099 sq ft.
Over the week of June 20 to 24, the revenue of a 1,163 sq ft, three-bedroom apartment at the upcoming Cuscaden Reserve has actually established a new psf-price high in the ultra-luxury condominium. The record-setting unit gets on the 26th level and was sold by the builder for $4.45 million ($3,830 psf) on June 24.
Based on URA caveats, simply 10 cautions have been lodged at Cuscaden Reserve to date.
The week additionally saw another deluxe project achieve a new psf cost high. An 829 sq ft, two-bedroom unit at Grange 1866 was marketed by the developer for $2.61 million ($3,145 psf) on June 23. This leaps over the previous documentation which had been set up by a 764 sq ft, two-bedroom unit. That unit fetched $2.3 million ($3,007 psf) on May 29.
Cuscaden Reserve introduced its first private sneaks in 3Q2019, and also the first transactions were taped in September 2019. According to URA cautions, three units were sold that month. A 700 sq ft, one-bedroom unit on the 7th floor was cost $2.33 million ($3,327 psf) on Sept 13, while 2 neighbouring 926 sq ft, three-bedders on the 5th ground were each yielded $3.23 million ($3,489 psf) on Sept 14.
These two purchases are the only 2 builder sales at the plan up until now this year.
Grange 1866 is a store, 60-unit condominium on Grange Road in prime Area 10. The venture is a redevelopment of the former iLiv@Grange. The new project is anticipated to be accomplished by the end of 2026. The plan makes up a single 16-storey residential block on a 20,322 sq ft, estate area. The unit mix consists of one-bedders and also two-bedders that extend from 527 to 1,012 sq ft.
