The 638-unit Leedon Green is collectively created by MCL Land as well as Yanlord Land. The growth is located at Leedon Heights in prime District 10. It makes up 7 12-storey blocks, with one- to four-bedroom devices of 474 to 2,680 sq ft.
Next to Nomu is the upcoming Haus on Handy, which incidentally is the only apartment to set a brand-new psf cost reduced during the week.
This is partially less than the previous record low, which included the sale of a 603 sq ft, two-bedroom device for $1.56 million ($2,588 psf) on March 7.
The most up to date resale at Nomu is the only device to have actually changed hands thus far this year. In 2015, just 3 systems were sold on the second market at prices from $1.11 million ($2,344 psf) for a 474 sq ft, one bedder on April 16, to $2.3 million ($2,075 psf) for a 1,109 sq ft, two-bedroom-plus-study device on Dec 9.
Nomu is just one of 5 store growths along Handy Road. At one end of the road are the 76-unit Cathay Residences as well as the 20-unit The Lux, which were both finished in 2007, adhered to by Nomu which was finished in 2009. Beside Nomu is the upcoming Haus on Handy, which incidentally is the only condo to set a brand-new psf price reduced during the week. Ultimately, there is the 118-unit Suites at Orchard, which was completed in 2014.
The previous record at Leedon Green, which had actually been set on June 18, was for a 614 sq ft, two-bedroom unit on the 9th floor that was sold for $1.87 million ($3,049 psf). This deal was reported by EdgeProp Singapore on June 30.
An artist impression of the upcoming Haus on Handy, which saw a new record low of $2,571 psf.
Based on URA caveats thus far this year, customers have been getting units at Leedon Green because it was introduced in January 2020. At the start of this year, the apartment had a collective take-up rate of 51.3%, which has actually grown to 61.3% since May. The programmer sold near 100 devices over the past six months.
Based upon caveats over the past 12 months, the typical selling price at the condo has to do with $2,660 psf. The 188-unit growth has actually seen its take-up rate boost given that the begin of the year, from an advancing take-up rate of 26% in January to 52% as of May.
Next to Nomu is the upcoming Haus on Handy where two surrounding one-bedroom devices were sold at prices that set a new low for the development. Both 527 sq ft units were sold at prices of $1.47 million ($2,571 psf) each, according to caveats lodged at the end of June.
When Haus on Handy was launched in July 2019, its sales weekend break on July 6 as well as 7 saw units cost between $2,830 psf as well as $2,904 psf. However, based upon URA caveats, the last time a system at Haus on Handy brought greater than $2,800 psf was in November 2020 when a 743 sq ft, two-bedroom device was sold for $2.09 million ($2,818 psf).
New developer sales at Leedon Green remain to rise psf rates at the property condo. The most up to date to establish a brand-new high was a 700 sq ft, two-bedroom system on the 7th floor that was transacted for $3,081 psf or $2.16 million on June 27. This is also the highest psf rate amongst all condominiums for the week of June 24 to 30.
This robust rate of sales has led the record psf cost at the condominium to raise from $2,934 psf for a 1,044 sq ft device sold on March 8 this year, to the new document of $3,081 psf on June 27.
New programmer sales at Leedon Green proceed to press up psf costs at the freehold apartment. The newest to set a new high was a 700 sq feet, two-bedroom device on the seventh flooring that was transacted for $3,081 psf or $2.16 million on June 27. A 1,389 sq feet, three-bedroom system brought $2,513 psf or $3.49 million on June 28. This is higher than the previous record set by the sale of a 474 sq feet, one-bedroom system for $1.16 million ($2,449 psf) in March 2018.
A brand-new psf-price high was additionally achieved at Nomu, a store 50-unit advancement along Handy Road in Dhoby Ghaut in prime District 9. A 1,389 sq ft, three-bedroom device brought $2,513 psf or $3.49 million on June 28. This is more than the previous document established by the sale of a 474 sq ft, one-bedroom device for $1.16 million ($2,449 psf) in March 2018.