Wee family puts portfolio of houses on Thiam Siew Avenue ...

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Visit EdgeProp.sg to find properties, research market trends and read the latest news The week of September 27, 2021 | ISSUE 1003-225

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Govt Land SalesIOI Properties sole bidder for Marina View site at

$1.508 bil ep3

Market TrendsOpportunity for strata

mixed-use collective sales ep4

Gains and LossesUnit at Marina Bay Residences turns in $5.47 mil profit ep11

Under the HammerDuplex penthouse at

Casero @ Dunman pricedat $2.3 mil ep16

SAM

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ISAA

C CH

UA/T

HE E

DGE

SIN

GAP

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Aerial view of Singapore’s prime District 10

Wee family puts portfolio of houses on Thiam Siew Avenue up for sale

Houses at Thiam Siew Avenue, viewed from Haig Road

Turn to our Cover Story on Pages 8 and 9.

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PROPERTY BRIEFS

units in January 2017, Kheng Leong had undertaken asset enhancement works to the swimming pool and land-scaping around it. Following its acqui-sition, Kheng Leong has been selling units at an average price of $3,109 psf since May 2017.

Over the past 12 months from June 2020 to June 2021, units sold at The Nassim had ranged from $14.88 million ($2,450 psf) for a 6,060 sq ft unit on the first level to $12.5 million ($3,807 psf) for a 3,283 sq ft, three-bedroom-plus-family apartment on the second floor.

The $3,807 psf achieved in June 2021 is the highest in terms of recorded psf price achieved at The Nassim since June 2018, when a 1,927 sq ft, three-bedroom unit fetched $7.6 million ($3,964 psf).

Kheng Leong’s luxury 59-unit con-dominium 15 Holland Hill has sold 20 units (34%) since its launch in April last year. The average price achieved for the freehold development in the prime District 10 project at Holland Hill is $2,968 psf to date.

The highest price achieved is for the latest unit sold at $13.66 million or $3,496 psf, according to a caveat lodged in early September. It was for a 3,907 sq ft, four-bedroom unit on the 11th floor of the 12-storey development, and is likely to have set a new bench-mark for the Holland neighbourhood.

Radisson Hotel Group announces milestone 100-hotel portfolio in IndiaRadisson Hotel Group opened its 100th operating hotel in India with the launch of Radisson Bhopal. The internation-al hotelier has been in the country for more than 20 years and has seven hos-pitality brands and a hotel presence in 60 locations across India.

“One hundred operating hotels is a milestone that both celebrates our legacy and heralds a new era of hospitality at Radisson Hotel Group. We are focused on building a future-ready roadmap for our business which will uplift our brand equity, transform our operations and establish a culture of excellence,” says Zubin Saxena, managing director and vice-president operations South Asia, Radisson Hotel Group.

The hotel group has identified the growth potential of tier II, tier II and mid-segment markets in India. The group

draws more than 50% of its business from these segments. It is now look-ing to aggressively enter more up-mar-ket segments to grow its market share.

The hotel group plans to open more than 60 hotel properties across India over the next five years.

It is continuing its growth momen-tum and will open 14 new hotels this year, including six upscale resorts in high demand leisure destinations such as Radisson Blu Resort Dharamshala, Radisson Blu Resort Visakhapatnam, and Radisson Resort & Spa Lonavala.

Global residence-by-investment index ranks Singapore one of top five cities for high-net-worth individuals to attain residenceA new residential investment index by Henley & Partners and Deep Knowledge Analytics has ranked the top 25 capi-tal cities around the world where high-net-worth individuals can acquire res-idence through investment migration programmes.

The top five cities are London, New York, Sydney, Singapore and Zurich. The index considers factors such as lifestyle, tax, education, real estate, healthcare, security, infrastructure, stability as well as Covid-19 safety and investment mi-gration programmes.

According to Juerg Steffen, CEO of Henley & Partners, the index is a useful tool to those considering investment mi-gration as a means of creating optionali-ty in terms of where they and their fam-ilies can live, work, study and invest.

“Residence-by-investment programs provide a channel for building a migra-tion portfolio of multiple complemen-tary residences and citizenship options to hedge against volatility,” he says, adding that the wide geographic range indicates the diversity of available res-idence-by-investment programme op-tions around the world.

London and New York took the top positions and both cities scored well in many parameters including education, security, and stability. For London, the UK Investor Immigration Programme, in-troduced in 1994, is the most established residence-by-investor option. While New York has the US EB-5 Immigrant Inves-tor Program that was created in 1990.

Singapore scored the highest over-all in terms of Covid-19 safety, lifestyle, and infrastructure. The report cited the city-states’ low crime rate and ease of conducting business as other contrib-uting factors.

“Along with seeking out new domi-cile options for their families, more and more investors are considering relocat-ing their businesses. This trend had be-gun pre-pandemic, but it is accelerat-ing,” says Dominic Volek, group head of private clients at Henley & Partners.— Compiled by Timothy Tay E

Luxury penthouse at Bishopsgate Residences going for $25 milA four-bedroom, 5,974 sq ft penthouse at the luxury condo Bishopsgate Res-idences is on the market for $25 mil-lion ($4,184 psf). The property will be sold through a private treaty sale and the marketing agent is OrangeT-ee Advisory.

Located at 1 Bishopsgate, the condo is next to the Chatsworth Park Good Class Bungalow (GCB) area. The de-velopment is usually a five-minute drive to the Central Business District and international schools in the area include EtonHouse International School Orchard, Invictus International School, and Furen International School.

The exclusive 31-unit Bishopsgate Residences was developed by Japa-nese developer Kajima in 2012. The design of the 74,000 sq ft development reflects the look and feel of a tropical country club.

The penthouse for sale consists of four bedrooms, a family area, gour-met kitchen, private pool and roof ter-race. All the bedrooms come with an en suite bathroom, while the junior

suite and master bedroom each fea-ture a walk-in wardrobe. The existing family area has been converted into an office and activity area.

“This penthouse is a unique product in this prestigious, low-density estate, and we believe that it will appeal to ultra-high net worth individuals, par-ticularly foreigners looking for a home or to invest in a stable income-produc-ing asset,” says Wen Hui Chew, sen-ior manager of OrangeTee Advisory.

Singapore’s luxury residential market has been resilient through the on-go-ing pandemic given pent-up demand and ample liquidity. “This is the case even for GCBs and luxury residential units located within the esteemed Dis-tricts 9 and 10. We are thus reason-ably confident that the property will attract considerable interest in this market environment,” says Chew.

Kheng Leong buys 21 Anderson en bloc for $213 mil from Far East ConsortiumHong Kong-listed Far East Consortium International controlled by the Chiu family announced on Sept 17 that it has signed a sale and purchase agree-ment to sell the 34-unit 21 Anderson for $213 million. The buyer is Kheng Leong Co, the privately-held property investment and development arm of the Wee family led by former banker and tycoon Wee Cho Yaw.

The $213 million purchase price translates to $2,490 psf, based on the gross floor area (GFA) of 85,552 sq ft for the building. The deal is said to be brokered by Steven Ming, founder and managing partner of Sakal Real Estate Partners.

The 10-storey, freehold block at 21 Anderson underwent extensive addi-tion and alteration works. It has eight floors of typical three- and four-bed-room apartments with sizes ranging from 1,900 to 2,200 sq ft, with four penthouses of 4,700 to 5,500 sq ft with

a private rooftop plunge pool each.The property has changed hands

five times in the past 13 years. It start-ed with Hillcrest Capital’s en bloc pur-chase of the building, then called An-derson House, for $106.5 million based on a caveat lodged in January 2008. The price worked out to $1,445 psf based on the strata area of 73,712 sq ft.

Hillcrest Capital had undertaken ex-tensive addition and alteration works. Bathrooms and kitchens feature high-end fittings and accessories such as Duravit, Hansgrohe, Gaggenau and Gessi. Facilities in the development include a 30m swimming pool, ten-nis court, gym and sauna facilities.

The building was then sold to real estate investment management firm Arch Capital Management, which originated as a joint venture with the Ayala Group of the Philippines. Arch Capital purchased 21 Anderson in 2010 for $200 million or $2,338 psf based on the GFA of 85,552 sq ft. It was re-branded Royal Oak

Four years later, American private equity firm Blackstone paid $164 mil-lion ($1,917 psf) for the property. It was then sold to Far East Consortium for $196 million ($2,291 psf).

The latest buyer, Kheng Leong is likely to buy it and landbank it for fu-ture capital gain. Alternatively, it could subdivide and sell the individual stra-ta-titled units. After all, Nouvel 18 di-rectly across the road has seen units sold at a median price of $3.165 psf, based on transactions done over the past three months from June to the end of August. This is 27% higher than the $2,490 psf paid for by Keng Leong for its en bloc purchase of 21 Anderson.

Prices at Nouvel 18 ranged from $2,843 psf for a 1,539 sq ft, two-bed-room, third-level unit; to $4,468 psf for a 1,582 sq ft, three-bedroom unit on the 23rd floor. Developed jointly by City Developments and Wing Tai Holdings, Nouvel 18 has two 36-storey towers designed by Pritzker Prize-win-ning French architect Jean Nouvel. Lo-cated at 18 Anderson Road, Novel 18 was completed in 2014.

The biggest unit transacted at Nou-vel 18 this year was for a 2,820 sq ft, four-bedroom unit on the 34th floor which fetched $9.7 million ($3,441 psf), according to a caveat lodged at the end of August.

Kheng Leong has made its pres-ence felt in the luxury market in re-cent years. It paid $411.6 million for the 45 remaining units at The Nassim from CapitaLand back in early 2017. Based on the strata area of 16,446 sq m (177,025 sq ft) for the 45 units, the purchase price worked out to $2,325 psf.

The Nassim is a 55-unit, five-storey freehold condo located at 18 Nassim Hill in prime District 10. A redevel-opment of the former ANA Hotel by CapitaLand, it was designed by Singa-pore-based, acclaimed architect Mok Wei Wei of W Architects and com-pleted in 2015.

After its bulk purchase of the 45

ORANGETEE ADVISORY

Bishopsgate Residence is a luxury 31-unit development

RADISSON HOTEL GROUP

The bar at Radisson Resort & Spa Lonavala, one of the new hotels Radisson will open in India this year

SAMUEL ISAAC CHUA/THE EDGE SINGAPORE

21 Anderson is a 34-unit, 10-storey, freehold residen-tial block on Anderson Road in prime District 10

EDGEPROP | SEPTEMBER 27, 2021 • EP3

BY TIMOTHY [email protected]

There was only one bid for the Marina View government land sales (GLS) site at the close of the tender on Sept 21.

IOI Properties was the only devel-oper to submit a bid as it was also

the one who triggered the launch of the site which had been sitting on the reserve list. The site was launched for sale on June 28.

The developer’s bid of $1.508 billion is just $101 higher than its application bid and this price translates to a land rate of $1,379 psf.

The 84,110 site is intended for a future mixed-use development with about 905 res-idential units and 540 hotel rooms, with a maximum of 2,000 sqm (21,528 sq ft) for commercial space. It has a total gross floor area of 1.09 million sq ft.

The last GLS white site in the Marina Bay area was at Central Boulevard and it was also awarded to IOI Properties. The developer sub-mitted the top bid of $2.57 billion ($1,689 psf per plot ratio) in November 2016. At the time, the GLS tender attracted seven different bids.

That site is being developed into Cen-tral Boulevard Towers, a commercial Grade A office development consisting of a 16-sto-rey tower, a 48-storey tower and a seven-sto-rey podium. It will have 1.29 million sq ft of Grade-A office space and 30,000 sq ft of F&B.

Alice Tan, head of consultancy at Knight Frank, says that the $1.508 billion bid for the Marina View site is 10.2% less than the winning bid for the residential site at Tan Quee Lan Street which was awarded in Sep-tember 2019.

Comparing with other somewhat similar GLS residential sites in the Downtown Core, the bid is also about 5.8% less than the win-

ning bid for the residential site at Bernam Street that was also awarded in September 2019. It is 5.4% less than the winning com-parable bid for the residential site at Middle Road awarded on April 2019.

Large quantum puts off developersThe absence of other listed property devel-opers competing for the Marina View site is surprising as many property consultants ex-pected the site’s residential provision would have made the tender more competitive.

“In our view, developer participation was below expectations, potentially due to the large quantum of the project, coupled with uncer-tainties regarding the resumption of global travel and construction amidst the manpow-er crunch,” says Wong Xian Yang, head of re-

search, Singapore at Cushman & Wakefield.He adds that developers may feel there are

better risk-adjusted returns from residential developments in prime districts 9, 10, and 11.

This sentiment was echoed by Mark Yip, CEO of Huttons Asia. “The absence of bigger listed developers in Singapore participating in the tender perhaps reflects their view that the risk-return ratio (of this site) is high”.

Nicholas Mak, head of research & consul-tancy at ERA Realty, says that any compet-ing bid would have to surpass the applica-tion bid submitted by IOI Properties. “The absolute sum of the land price at above $1.5 billion may to too rich for some develop-ers,” he adds.

The tender for the Marina View GLS site is likely to have been affected by “the very high

total development cost which could pose sig-nificant risks to the developer,” says Ong Teck Hui, JLL senior director of research & consul-tancy. “While the economy is recovering, the Covid-19 pandemic still pose uncertainties which may cause tenderers to be cautious.”

Hotel component adds complexities“Although uncertainty continues for the hos-pitality sector, the long-term horizon to com-pletion of the development was expected to mitigate short- to medium-term Covid con-cerns,” says Calvin Li, head of transaction advisery services, hotels & hospitality, JLL Asia Pacific.

The limited number of tenderers “suggests that most investors continue to be cautious around the large minimum requirement for a hotel and potentially high development costs associated with an upscale or luxury hotel that would be needed to position the overall development,” adds Li.

Most of the GLS white sites in the Mari-na Bay downtown area that were previously sold were predominantly used for office de-velopments, or have a significantly large of-fice component, says Mak.

But the white site at Marina View is dif-ferent because a large portion of the space is set aside for residences and hotel rooms. “The development of the Marina View site is likely to take more than five years, and the construction cost for this project is huge,” says Mak. “There are major uncertainties due to supply chain disruption caused by the pandemic.”

The recent fallout from the financial trou-bles of Chinese property group Evergrande has increased the risk level of the market. “It may have put some developers off big-tick-et projects in the meantime,” adds Mak. E

GOVERNMENT LAND SALES

IOI Properties sole bidder for Marina View GLS site with $1.5 bil bid

URA

URA

The 99-year leasehold, white site at Marina View will make way for a mixed-use development with residential, hotel, and commercial or serviced apartment elements

Developer participation for the GLS site was below expectations



The recent collective sale launch of International Pla-za at $2.7 billion has given hope to other owners of ageing strata-titled, mixed-use complexes to ex-plore a similar exit.

Making a sixth attempt at a collective sale is Peace Centre/Peace Mansion, which was launched for sale at $650 million early this month. JLL is the sole marketing agent for the mixed-use develoment. The 99-year leasehold site has a land rate of $1,443 psf per plot ratio (psf ppr) af-ter factoring in the lease top-up premium.

Pick up in en bloc momentumThe collective sale momentum picked up after Maxwell House was sold for $276.8 million in May. The 99-year leasehold development was launched for tender in April this year with a reserve price of $268 million. Cushman & Wakefield was the marketing agent.

A joint venture consisting of SingHaiyi Group, Chip Eng Seng Corp, and Chuan Investments successfully tendered for the en bloc acquisition. It is the first time these compa-nies are working together in a joint project.

In the neighbourhood of Little India is Verdun House, which was launched for collective sale on Aug 26. The free-hold property has a guide price of $55 million, which is $1,790 psf per plot ratio based on the potential gross floor area of 30,727 sq ft. The freehold development is a four-sto-rey commercial block with 16 strata-titled units. Delasa is the marketing agent for the collective sale of Verdun House.

According to Karamjit Singh, CEO of Delasa, there are three factors supporting the positive en bloc sentiment in the commercial property market.

Firstly, “there has been a big push by the URA to revital-ise parts of the CBD and commercial developments in the area have been given incentives to redevelop as long as a significant portion of the new development is residential or hospitality component”, says Singh.

Also, the overall shortage of residential land supply in Sin-gapore is encouraging some developers to look towards al-ternative land sources to replenish their land banks, he says.

Thirdly, Singapore’s overall stability and attractiveness as an investment hub has attracted many investment firms and family offices to establish here. “This capital inflow is bound to rub off to the commercial sectors and we have seen asset values in Singapore increase over the past few years,” says Singh.

Valuation and apportionment challenges“Commercial en bloc and mixed-use en bloc typically present unique challenges. The main challenge is devising an equita-

ble formula of distributing the proceeds among the various owners. The problem tends to be more pronounced when there is mixed-use with a retail component,” says Singh.

This is because these retail businesses usually are the most heavily disrupted as the resultant relocation affects their business and customer goodwill, he says.

Jeremy Lake, managing director of investment sales and capital markets, Savills Singapore, agrees with this sentiment.

“Typically, we can’t rely on the strata area and the share value, and we would have to look at a valuation-based mech-anism. This requires a valuer to undertake a valuation of all the units,” says Lake.

He adds that the process generally works well, but inev-itably some owners may be unhappy with the valuation. In some rare cases, owners may not accept the valuation report and this can make the apportionment stage very difficult.

Declining leases and ageing propertiesThe owners of older strata commercial developments are also more open to explore and support a collective sale because they and the buildings are getting older. This is especially the case for 99-year leasehold strata-buildings, says Lake.

“A number of [99-year] mixed-use strata-titled projects have short leases left, such as International Plaza and Max-

well House. For these owners, they feel that the only way to maximise the value of their property is to pursue a collec-tive sale rather than sell individually,” he says.

Lake adds that the negative impact of the ongoing Cov-id-19 pandemic should not be overlooked, particularly on strata-titled retail properties. “In many cases, owners of strata-titled malls have seen vacancy rates go up and rent-al rates come off,” he notes. “They are therefore more mo-tivated to explore a collective sale.”

This is one reason why the owners of Sim Lim Tower are in the process of launching the collective sale tender of their freehold development. It is the first time the owners of the mixed-use commercial development with shops and offic-es, are attempting a collective sale.

According to Bafna Rajesh, CSC chairman of Sim Lim Tower, consumers rarely shop for wholesale electronic parts and gadgets from the shops there. “When the shops at Sim Lim Tower opened in 1980, the market for wholesale elec-tronic parts was still strong, but the rise of e-commerce in the past few years has completely changed consumption habits,” says Rajesh.

Most of the strata owners at Sim Lim Tower are using their units for their own business, while a few are renting out theirs.

If the collective sale is successful, some owners intend to use the proceeds towards their retirement, while others are planning to reinvest in something else, Rajesh reckons.

He adds that the CSC is in the process of appointing a marketing agent and has already shortlisted about five con-sultancies. This will be followed by the valuation and appor-tionment stage, which could take four to six months. “We hope that by March 2023, the CSC will be able to obtain the necessary 80% consent based on the valuation and ap-portionment to launch the collective sale tender,” he says.

More en bloc launches and salesAccording to Savills’ Lake, the collective sale market is ex-pected to continue to be active over the next few months. “There are many potential collective sale launches in the pipeline and many CSCs are at different stages of the pro-cess,” he says.

The pace of sites being sold is expected to increase sub-stantially over the coming three to six months as long as developers remain hungry for land. However, this momen-tum could be derailed if owners’ price expectations are be-yond what developers are willing to pay.

“These windows of collective sale activity tend to be rel-atively brief, so it is important that owners catch the wave in time, get themselves ready quickly and enter the market so as not to miss the boat,” says Lake. E

Peace Centre (left) and Peace Mansion launched their collective sale tender on Sept 7 and are the latest commercial developments to enter the en bloc market

Window of opportunity opens for collective sales of strata mixed-use developments

PICTURES: SAMUEL ISAAC CHUA/THE EDGE SINGAPORE

MARKET TRENDS

The collective sale momentum picked up after Maxwell House was sold for $276.8 million in May 2021

The owners of Sim Lim Tower are shortlisting a marketing agent to advise on their collective sale process which could be launched before 1Q2023

Tune in to our next episode of Real As State on Sept 24


https://edgepr.link/kW4nR3


BY CHARLENE [email protected]

Singapore will be extend-ing the waiver on levies for foreign workers serv-ing their Stay Home No-tice from end September

to end December. This will help employers bring in construction workers safely, and give them more time to adjust and manage such costs, says Manpower Min-ister Tan See Leng.

The minister acknowledges that the construction sector has been facing “serious manpower challenges” due to border and travel restrictions. “It has been close to two years since Covid- 19 hit our shores and brought about irreversible changes to our lives — the way we live, work and play,” the minister said at the Real Estate Developers’ As-sociation of Singapore (Redas) Mid-Autumn Event on Monday.

“Across the economy, it has also created undeniable impact, with one of the most affected sectors being the Construction and Built Environment sector,” he says.

To that end, the government has rolled out several measures to alleviate the burden to the in-dustry.

Such measures include extend-ing the validity of In-Principle Ap-provals (IPAs) for all work pass holders who are unable to enter Singapore. IPAs grant workers en-try into the city-state before they

are issued their actual work per-mit in Singapore.

Work permit holders who did not meet the renewal criteria were also granted a one-time renewal.

The Ministry of National De-velopment as well as the Build-ing and Construction Authority have also introduced a $1.36 bil-lion Construction Support Package to help share the costs of imple-menting safe management meas-ures and non-manpower related costs due to delayed schedules for public-sector projects, the minis-ter says.

More to be doneHowever, the government acknowl-edges that more has to be done to further improve on the care for mi-grant workers in Singapore.

So far, it has taken steps such as introducing a new primary healthcare system for migrant workers; setting up onboarding centres to bring in workers in a safe and calibrated manner; and supporting their mental well- being through Project Dawn, a ded-icated taskforce to build and run a comprehensive mental health support ecosystem for them.

Last week, the government also announced new and improved standards for migrant worker dormitories. These include hav-ing a cap of 12 residents in each room and having en suite toilets shared among fewer people. The end-goal is to modularise such spaces, improving ventilation and

the ability to detect early positive Covid-19 cases and isolate them.

Uncertainties ahead; digital push Given the onslaught of the pan-demic, many industries have been in turmoil. “The various stakehold-ers of the real estate and built en-vironment — including develop-ers, contractors, sub-contractors and supply chain vendors — are still experiencing varying degrees of hardship and problems. For some companies, it may not be back to business as usual,” says Chia Ngiang Hong, president of Redas, at the event.

“As a small economy, it is im-perative that the Singapore real estate continually build on its competitive advantage to stay ahead as a reliable Asian hub for international businesses and an attractive investment desti-nation to live, work, play and study,” he says.

One way to do that is through sustainability efforts. “As sustaina-bility in real estate becomes more mainstream, stakeholders in the built environment need to take concerted action to push building adaptability and resilience in our urban systems and operations,” the Redas chief says.

“With [the] government’s con-tinued support to promote invest-ments in green R&D and innova-tion and help the sector adopt new technologies and develop the requisite human capital, there

The Redas Mid-Autumn Event was held on Sept 20 at Orchard Hotel. Manpower Minister Tan See Leng (third from the left) and Redas president Chia Ngiang Hong (fourth from the right) are on the stage

REDAS EVENT

More government support for construction sector; worker levy waiver for SHN extended

REDAS

SUNTEC OFFICE UNIT FOR SALE

VIEWING IS STRICTLY BY APPOINTMENT ONLY.

We invite offers to purchase the following property on an “as-is, where-is” basis:

• Type of Property: An Office Unit • Floor Area: 325.0 sqm (3,498 sqft) • Tenure: 99 years leasehold with effect from 1 March 1989 • Master Plan 2019: Commercial • Location: 7 Temasek Boulevard, #15-02 Suntec Tower One, Singapore 038987

• Type of sale: By Tender (closing date: 19 October 2021)

Interested parties are requested to obtain a copy of the tender document and to submit their offers in the manner as prescribed in the Terms and Conditions of Tender by 5:00 pm on 19 October 2021. Agency commission of 0.7% is applicable on success basis.

For further details on the tender, please contact:

Germaine Lim +65 6715 1123 [email protected]

Yap Jiehui +65 6715 1120 [email protected]

is great potential for the real estate in-dustry to advance green growth oppor-tunities and for the financial sector to play a useful role in catalysing sustain-able and green finance in the region or even globally,” he says.

Chia adds: “Collective efforts of mul-tiple parties — developers, financial in-stitutions, government, businesses and end-users — will help to spur Singa-pore’s economic recovery path.”

Riding on that, Redas intends to con-tinually form strategic partnerships with the public and private sectors to “steer and transform the real estate and built

environment industry towards greater productivity and resilience”, he says.

One such example is the Developer- centric IDD Dashboard, a pooled plat-form that extracts key data from vari-ous construction stages: design; fabri-cation; construction; asset management and operations.

The dashboard — a joint effort be-tween Redas and consultancy KPMG — aims to identify gaps and inefficien-cies throughout the built process from the data gathered, with an end-goal of streamlining the city-state’s built pro-cesses as a whole. E



Called No.6, the latest collection of apart-ments at Bankside Gardens in Read-ing, Berkshire, in the UK, is set to be launched for sale in Singapore on Sept 25 and 26. Bankside Gardens compris-

es 461 units across seven blocks. No.6 at Bankside Gardens comprises 84 one-

and two- apartments, with prices starting from £290,000 (about $536,400) for a one-bedroom unit, and £390,000 for a two-bedder.

Each unit boasts open layouts designed for flexible living. The living areas open out to a bal-cony or terrace area overlooking private land-scaped gardens, describes Benham & Reeves, which is marketing the property. The kitchens will be fitted with appliances from Bosch, Beko and Smeg, with composite stone worktops dressed with timber and matte finishes.

The main bedrooms will feature fitted ward-robes, while the bathrooms will be fitted with wall-mounted vanity storage cabinets and pol-ished chrome fixtures. For the two-bedroom units, the master bedroom will be attached to an en suite bathroom.

Residents at No.6 will have access to a co-work-ing studio, gym, cinema and concierge service. Commercial and retail space will be located on the ground floor of some of the blocks. There will also be landscaped gardens on the ground

and podium levels, offering residents recrea-tion choices.

Bankside Gardens occupies 7 acres (2.83ha) besides a lake, surrounded by parkland and is within close proximity from central Reading. The

new Reading Green Park railway station will be located directly next to Bankside Gardens, which will allow direct access to Reading railway sta-tion in just six minutes, says Benham & Reeves.

Green Park Business Park by Mapletree is a short walk away from the development. Ameni-ties at the business park include a gym with pool, restaurants, retail and nature paths around Long-water Lake. Businesses that have offices there in-clude F&B firm PepsiCo and tech company Cisco.

“Reading is a serious hotspot for buyers who are looking for an out-of-London home but don’t want to compromise on city living or easy ac-cess into the capital. We expect these homes to be especially popular with young professionals,” says Paul Vallone, executive chairman at St Ed-ward, developer of the property.

“Bankside Gardens offers all the lifestyle ben-efits of urban living, from superb travel connec-tions to luxury amenities, as well as the advan-tages of living out of the capital — lower price points and immediate access to plentiful outdoor space,” he adds.

The weekend launch will be held at Berke-ley Group’s sales gallery at Marina Bay Finan-cial Centre Tower 2. Benham & Reeves is the sole marketing agency for the launch. E

No.6 at Bankside Gardens comprises 84 one- and two-bedroom apartments

The living areas open out to a balcony or terrace area overlooking private landscaped gardens

The kitchens will be fitted with appliances from Bosch, Beko and Smeg, with composite stone worktops dressed with timber and matte finishes For the two-bedroom units, the master bedroom will be attached to an en suite bathroom

Apartments in Reading, UK, launch for sale in Singapore

PICTURES: ST EDWARD

OFFSHORE


COVER STORY

BY CECILIA [email protected]

Sitting between Haig Road and Tanjong Katong Road is a quiet street, Thiam Siew Avenue, with just 25 houses. Many of the houses are pre-war, single-storey, semi-detached houses and bungalows

sitting on land area of about 9,000 to 10,000 sq ft each. They are the legacy of property mag-nate and hotelier Wee Thiam Siew, who passed away in 1972. The properties are held primari-ly under Thiam Siew Avenue Investments and Wee Thiam Siew & Co, whose beneficiaries are the members of his family, many of whom are from the third generation.

An illustrious businessman, Wee was chair-man of Ban Leong & Co, dealers in cigars, ciga-rette and tobacco; as well as the former owner of The New 7th Storey Hotel on Rochor Road, Lion City Hotel and Hollywood Theatre at Tan-jong Katong Road.

When it was built in 1953, the New 7th Sto-rey Hotel (which actually had nine storeys) was considered the tallest structure on Rochor Road. In 2008, the hotel was acquired by the govern-ment for the construction of the Bugis MRT In-terchange Station for the Downtown Line that opened in December 2013.

Hollywood Theatre on Tanjong Katong Road was built in 1957 and opened by cinema mag-nate, the late Loke Wan Tho, in 1958. In its hey-

days in the 1960s and 1970s, Hong Kong stars such as Fung Bo Bo and Siao Fong Fong made their appearances there. The cinema closed sometime in the 1990s, and became home to City Harvest Church at one point, followed by a food centre and then Sheng Siong supermarket.

Lion City Hotel, situated adjacent to Hol-lywood Theatre, opened in 1968. It had been owned and operated by members of the Wee family until December 2010, when they decid-ed to put both Lion City Hotel and the adjacent Hollywood Theatre up for sale by tender. At the close of the tender in January 2011, Singapore- listed UOL Group announced that it had pur-chased Lion City Hotel and Hollywood Thea-tre for $311 million.

UOL redeveloped the site into a mixed-use development: the four-storey Kinex mall with a net lettable area of 202,191 sq ft; and the 244-unit Katong Regency above spanning three blocks of nine to 10 storeys. Launched in April 2012, all the units in the freehold condomini-um were sold out within a week at an average price of $1,608 psf. The project was completed in 2015, and units have changed hands in the resale market at $1,797 psf, according to cave-ats on URA Realis.

Wee’s former residence at 525 Dunman Road was located just behind the houses at Thiam Siew Avenue. It sat on a sizeable land plot too. The government had acquired from the family a corner parcel fronting Haig Road, which was


Elevated view of the houses along Thiam Siew Avenue from Haig Road

Street view of Thiam Siew Avenue from Haig Road

Savills’ Tan standing in front of one of the pre-war semi-detached houses at Thiam Siew Avenue. He says: “The main attraction of the site is that the seller is a single family; you don’t have to worry about strata title board approval. What’s more, such sizeable, freehold plots for sale are becoming increasingly rare.”

Wee family puts portfolio of houses on Thiam Siew Avenue up for sale


in turn offered for sale under the government land sales (GLS) programme. Far East Organi-zation purchased the site with a 99-year lease from 1997. It was subsequently developed into Dunman View, an 18-storey, 148-unit, high-rise condo completed in 2004.

One of the Wee family-owned vehicles, Wee Thiam Siew & Co, developed the remaining plot at Dunman Road into a terraced housing project named Dunman Grove. The houses were com-pleted in 1990, and a road was created for them.

A decade ago, some of the owners of the terraced houses at Dunman Grove banded to-gether and sold their properties collectively to developer Hoi Hup Realty. The site was rede-veloped into the 122-unit, 18-storey Questa @ Dunman. The freehold high-rise condo was completed in 2013, and has a mix of suites, one- and two-bedroom apartments with sizes ranging from 431 to 1,467 sq ft.

Biggest divestment of a propertyThe Wee family is ready to divest the land par-cels along Thiam Siew Avenue, and has ap-pointed Galven Tan, deputy managing direc-tor of investment sales and capital markets at Savills Singapore, as the exclusive marketing agent. The land that the houses at Thiam Siew Avenue were built on had originally been part of Wee’s private estate at 525 Dunman Road.

However, he decided to build the hous-es there for rental income during the pre-war years. He had originally named the road Thi-am Siew Road in 1939, but renamed it Thiam Siew Avenue in 1940.

The houses at Thiam Siew Avenue fell un-der the Rent Control Act in the post-war years. When the Rent Control Act was abolished in 2001, the family continued to hold the properties for lease. “Many of the tenants are long-stand-ing ones,” says Savills’ Tan.

After close to 80 years, the Wee family is planning to sell all 22 land-plots with 25 hous-es along Thiam Siew Avenue.

The semi-detached houses with odd house numbers at No. 1 to 17 were built during the pre-war years sometime in the early 1940s. The two adjacent bungalows along the same row at No. 19 and 21 were also built during the pre-war years. However, the four semi-detached houses at 23 to 29 were built more recently, in 2007. Collectively, these houses make up Plot 1, and sit on a freehold land area of 135,361 sq ft.

On the opposite side of Thiam Siew Ave-nue are the even-numbered houses at No. 2 to 22. The houses at No. 2 to 16 are pre-war-era semi-detached houses, while the three bunga-lows at 18 to 22 also date back to the pre-war era. These houses sit on a combined freehold land area of 128,436 sq ft and make up Plot 2.

Redevelopment potentialDevelopers have an option to purchase either Plot 1 or Plot 2, or both plots combined, says Savills’ Tan. The developer can then purchase

Thiam Siew Avenue and close off the road as it serves mainly the houses there. The two plots can then be amalgamated, and the com-bined site area (excluding the road) is about 263,797 sq ft, Tan estimates. If the road were included, the total plot size would be around 300,000 sq ft.

Based on the plot ratio of 2.8 for a residential development site under the URA Master Plan 2019, Tan estimates that the total gross floor area (GFA) of a new development at Thiam Siew Avenue could potentially be 738,632 sq ft.

Thiam Siew Avenue is considered part of the prime East Coast area and falls under District 15. As it is within the Rest of Central Region or city fringe, the average size of residential units in the new development has to be at least 85 sq m (915 sq ft) under the URA guidelines. Tan estimates that a developer could build about 414 condominium units on Plot 1 and about 393 units on Plot 2.

If the two parcels were amalgamated, and the road closed off, a developer would be able to build a new, 800-unit condominium develop-ment with a wide range of amenities, says Tan.

All the pre-war era houses except those at No. 12, 19 and 22 are owned by Thiam Siew Avenue Investments. The plot that was devel-oped into the four semi-detached houses at No. 23 to 29 in 2007, is owned by Wee Thiam Siew

& Co. Both entities, however, are controlled by the Wee family. Even the three houses at No. 12, 19 and 22 that are held in individual names belong to members of the Wee family, and will be included in the sale.

The land parcels will be launched for sale on Sept 24, with the tender closing on Nov 18. No price indication is provided for the Thi-am Siew Avenue plots. However, it is likely to be pegged to freehold sites sold elsewhere in prime District 15.

For instance, City Developments Ltd (CDL) and joint-venture partner, Hong Realty, pur-chased Amber Park en bloc for $906.7 million ($1,515 psf per plot ratio, or psf ppr) in Octo-ber 2017. Meanwhile, GuocoLand paid $319.8 million for Casa Meyfort on Meyer Road in July 2018. Including development charge estimated at $57.8 million, the price that GuocoLand paid for the site was $1,580 psf ppr.

Competition from Jalan Tembusu GLS site? On the Confirmed List of the GLS programme is a site at the junction of Jalan Tembusu and Tanjong Katong Road. It is located quite near Thiam Siew Avenue. The 99-year leasehold, 210,624 sq ft site at Jalan Tembusu has a GFA of 589,754 sq ft. Based on the average unit size of 915 sq ft, the site can be developed into a

new 645-unit project. The site is located about 600m from the upcoming Tanjong Katong MRT Station on the Thomson-East Coast Line.

“While [the Jalan Tembusu GLS site] is at-tractively located, a bigger commitment and risk appetite would be required by the devel-oper as there could be more than 600 units to be developed and sold within five years,” says Nicholas Mak, head of research at ERA Realty.

Alan Cheong, executive director and head of research at Savills Singapore, expects land bids of about $1,400 psf ppr for the Jalan Tem-busu site. Given the absolute quantum above $820 million, he thinks there may be four to five bidders for the site.

Given that the Thiam Siew Avenue plots are freehold, market watchers expect the sellers to be pricing in a premium, and are estimating the price tag for the two sites to be in the range of $1,450 to $1,500 psf ppr. This is before fac-toring in the development charge which was hiked recently.

‘Single family seller’Thiam Siew Avenue is located near Paya Lebar Central commercial hub. It is where integrated de-velopment Paya Lebar Quarter (PLQ), Paya Lebar Square and the Paya Lebar MRT Interchange Sta-tion for the Circle and East-West Lines are situated. It is also near shopping malls such as PLQ Mall and Kinex. Good schools located within 1km of Thiam Siew Avenue include Kong Hwa School and Tanjong Katong Primary School, says Sav-ills’ Tan.

Residential sales in the East have been rela-tively healthy despite the number of new pro-jects in the area. About 80% of the 582-unit Amber Park has been sold since its launch in May 2019. GuocoLand’s 200-unit Meyer Man-sion is almost 40% sold since its launch in 4Q2019. Median price at Meyer Mansion may be $2,581 psf, but at least eight units saw prices cross $3,000 psf and were sold at prices rang-ing from $3,009 to $3,182 psf.

The 429-unit Park Place Residences at PLQ saw half its units taken up at an average of $1,800 psf in April 2017, and another 161 units taken up at an average of $2,015 psf in April 2018. The project was fully sold by 2019. The latest transaction in August was for a 17th-floor, two-bedroom unit of 667 sq ft, which changed hands for $1.495 million and scaled a new high of $2,240 psf for the project.

Such selling prices bode well for the land parcels at Thiam Siew Avenue, notes Savills’ Tan. “A developer can look at either Plot 1 or Plot 2, or the two sites combined if they want to develop a significant project with many amen-ities,” he adds.

The main attraction of the two plots at Thiam Siew Avenue is that they are owned by a single family, which ensures deal certainty for the developer, says Tan. “They do not have to go through the strata title board.” A freehold plot of such a size is also increasingly rare, he adds. E

SAMUEL ISAAC CHUA/THE EDGE SINGAPORESAMUEL ISAAC CHUA/THE EDGE SINGAPORE

COVER STORY

The pre-war bungalow at No. 19 Thiam Siew Avenue, together with the houses at No. 12 and No. 22, are held under individual names, who are also members of the Wee family and selling the property collectively with the restTraffic is relatively light as the road caters mainly to residents of the houses on either side of Thiam Siew Avenue

SAVILLS, GOOGLE MAPS

Residential Plots 1 and 2 at Thiam Siew Avenue

Properties comparable to Jalan Tembusu government land sale siteName of

developmentRoad name Tenure Year of

completionTotal no. of units

Median price ($ psf)*

Amber Park Amber Gardens Freehold Uncompleted 592 2,454

Coastline Residences Amber Road Freehold Uncompleted 144 2,407

Meyer Mansion 79 Meyer Road Freehold Uncompleted 200 2,581

Nyon 12 Amber Road Freehold Uncompleted 92 2,267

Seaside Residences 18 Siglap Link 99 years 2021 841 2,016

URA, ERA RESEARCH & CONSULTANCY, EDGEPROP

* Median price is from June 2021 to September 2021 to-date


BY FELICIA [email protected]

In this column, we look at condominium projects that have achieved new highs in terms of psf prices and those that have seen new lows. This is based on URA Realis data for the period of Sept 6 to 12.

Highest psf pricesThe highest price transaction recorded on a psf basis was for a 926 sq ft unit at St Martin’s Apartment.

The two-bedroom apartment on the first floor changed hands for $2.16 million, or $2,328 psf, on Sept 8.

The freehold St Martin’s Apartment has a total of just 16 units over a single four-storey block. The development com-prises two-bedders measuring 926 sq ft to 1,120 sq ft. The res-idential component sits next to a 9,375 sq ft commercial space within the same address. The commercial space has a promi-nent frontage on Tanglin Road.

The project was completed in 1986 by developer Unicurrent. It is located on St Martin’s Drive in Tanglin on prime District 10, where it enjoys close proximity to the Singapore Botanic Gardens and the Orchard Road shopping belt.

St Martin’s Apartment is also located just a stone’s throw away from Tanglin Place Shopping Centre, Tudor Court Shop-ping Gallery, as well as embassies and luxury hotels such as The St Regis Singapore and Regent Singapore.

The two-bedroom unit has changed hands twice before. The first transaction was in 1996 at $970,000, or $1,048 psf, and the second deal took place in 2012, when the unit was sold for $1.7 million, or $1,836 psf.

Another property that saw a new high in terms of psf price is the freehold Forett at Bukit Timah on Toh Tuck Road in District 21.

On Sept 6, a 721 sq ft, two-bedroom unit changed hands for $1.61 million, which translates to $2,228 psf. The unit is located on the eighth floor of a nine-storey block. Forett at Bukit Timah

St Martin’s Apartment achieves new high of $2,328 psf

EDGEPROP SINGAPORE


A 721 sq ft, two-bedroom unit at Forett at Bukit Timah changed hands for $1.61 million on Sept 6

PROJECT HIGHS & LOWS

Project highs (based on psf prices from Sept 6 to 12)Date

(2021)District Project name Address Property type Tenure Area

(sq ft)Price

($)Price

($ psf)

Sep 8 10 ST MARTIN'S APARTMENT 1 ST. MARTIN'S DRIVE APARTMENT FREEHOLD 926 2,155,000 2,328

Sep 6 21 FORETT AT BUKIT TIMAH 32B TOH TUCK ROAD APARTMENT FREEHOLD 721 1,607,000 2,228

Sep 11 21 MAYFAIR MODERN 2 RIFLE RANGE ROAD CONDOMINIUM 99 YRS FROM 2018

1,033 2,298,100 2,224

Sep 10 15 THE BELVEDERE 51 MEYER ROAD CONDOMINIUM FREEHOLD 1,367 2,820,000 2,063

Sep 8 12 THE RIVERINE BY THE PARK 398 KALLANG ROAD APARTMENT FREEHOLD 1,302 2,600,000 1,996

Sep 6 20 LATTICE ONE 3 SERAYA CRESCENT APARTMENT FREEHOLD 872 1,684,000 1,931

Sep 12 23 MIDWOOD 10 HILLVIEW RISE CONDOMINIUM 99 YRS FROM 2018

484 908,000 1,875

Sep 8 10 CASABELLA 176 DUCHESS AVENUE CONDOMINIUM FREEHOLD 1,313 2,430,000 1,850

Sep 7 10 BALMORAL CREST 1 BALMORAL CRESCENT APARTMENT FREEHOLD 1,098 2,000,000 1,822

Sep 12 17 PARC KOMO 959 UPPER CHANGI ROAD NORTH APARTMENT FREEHOLD 990 1,784,000 1,801

Sep 7 17 CASA AL MARE 75 JALAN LOYANG BESAR APARTMENT FREEHOLD 775 1,330,000 1,716

Sep 6 14 CENTRA HEIGHTS 455 SIMS AVENUE APARTMENT FREEHOLD 431 700,000 1,626

Sep 10 19 GAMBIR RIDGE 16 GAMBIR WALK APARTMENT FREEHOLD 732 1,160,000 1,585

Sep 9 14 PAYA LEBAR RESIDENCES 27 PAYA LEBAR ROAD APARTMENT FREEHOLD 947 1,428,000 1,508

Sep 10 10 CORONATION SHOPPING PLAZA

587 BUKIT TIMAH ROAD APARTMENT FREEHOLD 1,927 2,800,000 1,453

Sep 6 18 COCO PALMS 19 PASIR RIS GROVE CONDOMINIUM 99 YRS FROM 2008

463 668,000 1,443

Sep 9 15 RESIDENCE 66 66 TELOK KURAU ROAD APARTMENT FREEHOLD 915 1,258,000 1,375

Sep 11 19 OLA 80 ANCHORVALE CRESCENT EXECUTIVE CONDOMINIUM

99 YRS FROM 2018

1,055 1,431,000 1,357

Sep 6 21 THE RAINTREE 81 BUKIT DRIVE CONDOMINIUM 99 YRS FROM 2003

926 1,250,000 1,350

Sep 6 15 THE ARIEL 31 LORONG 105 CHANGI APARTMENT FREEHOLD 926 1,240,000 1,340

Sep 6 15 JOO CHIAT MANSIONS 185 JOO CHIAT PLACE APARTMENT FREEHOLD 1,238 1,638,000 1,323

Sep 7 15 THE MEDLEY 66 LORONG G TELOK KURAU APARTMENT FREEHOLD 893 1,160,000 1,298

Sep 6 15 SUNSHINE MANSIONS 289 JOO CHIAT PLACE APARTMENT FREEHOLD 786 1,020,000 1,298

Sep 10 16 CASA FLORA 21 SALAM WALK CONDOMINIUM FREEHOLD 1,561 1,800,000 1,153

Sep 7 19 PARC VERA 2 HOUGANG STREET 32 CONDOMINIUM 99 YRS FROM 2010

786 905,000 1,152

Sep 7 8 STURDEE VIEW 60 STURDEE ROAD NORTH APARTMENT FREEHOLD 1,475 1,650,000 1,119

Sep 9 19 FLO RESIDENCE 13 PUNGGOL FIELD WALK CONDOMINIUM 99 YRS FROM 2011

786 870,000 1,107

Sep 6 21 SHERWOOD TOWER 3 JALAN ANAK BUKIT APARTMENT 99 YRS FROM 1976

657 700,000 1,066

Sep 7 17 LE LOYANG 43 JALAN LOYANG BESAR APARTMENT 999 YRS FROM 1885

1,076 999,000 928

Sep 9 22 LAKESIDE TOWER 9H YUAN CHING ROAD APARTMENT 99 YRS FROM 1975

1,970 1,372,888 697

has a total of 633 units comprising one- to five-bedders. The units are spread across nine 5-storey blocks and four 9-storey blocks.

Forett at Bukit Timah is developed jointly by Qingjian Re-alty and Perennial Holdings. It sits on the site of the former Goodluck Garden, which was sold collectively to subsidiaries of Hong Kong-based CNQC International Holdings for $610 mil-lion in March 2018.

The site has a land area of about 360,130 sq ft, and is near Beauty World MRT Station on the Downtown Line, Beauty World

Plaza and Bukit Timah Plaza, as well as the future Beauty World Integrated Transport Hub. Forett at Bukit Timah is also located near schools such as Methodist Girls’ School (Primary) and Pei Hwa Presbyterian Primary School.

Lowest psf pricesAs a sign that the property market is heating up, this is the first week that there are no new low psf prices since we started track-ing the data in July. E

A two-bedroom unit at St Martin’s Apartment changed hands for $2.16 million on Sept 8


Source: URA, EdgeProp SingaporeNote: 1. Computed based on URA caveat data as at Sept 21 for private non-landed houses transacted between Sept 5 and 14 2. The profit and loss computation excludes transaction costs such as stamp duties

Top 15 gains and losses from Sept 5 to 14

Non-profitable deals PROJECT DISTRICT AREA

(SQ FT)SOLD ON

(2021)SALE PRICE

($ PSF)BOUGHT ON PURCHASE PRICE

($ PSF)LOSS ($) LOSS (%) ANNUALISED

LOSS (%)HOLDING PERIOD

(YEARS)

1 REFLECTIONS AT KEPPEL BAY 4 7,050 Sep 10 1,560 May 21, 2007 2,550 6,952,000 39 3 14.32 REFLECTIONS AT KEPPEL BAY 4 1,647 Sep 9 1,627 May 31, 2011 2,287 1,085,983 29 3 10.33 AMBER RESIDENCES 15 2,217 Sep 10 1,804 Dec 17, 2007 2,029 498,684 11 1 13.74 REFLECTIONS AT KEPPEL BAY 4 1,249 Sep 8 1,722 Aug 27, 2007 2,039 396,000 16 1 14.05 THE VERV @ RV 9 1,001 Sep 10 1,948 Sep 5, 2012 2,292 344,000 15 2 9.06 ALTEZ 2 753 Sep 13 1,898 Mar 18, 2010 2,278 286,160 17 2 11.57 DRAYCOTT EIGHT 10 1,432 Sep 10 1,746 Nov 8, 2010 1,878 188,000 7 1 10.88 REFLECTIONS AT KEPPEL BAY 4 1,044 Sep 7 2,011 Apr 15, 2010 2,156 151,557 7 1 11.49 L'VIV 11 990 Sep 10 2,040 Dec 12, 2011 2,175 134,200 6 1 9.810 ECO 16 635 Sep 10 1,205 Nov 5, 2012 1,307 64,965 8 1 8.911 LOFT @ NATHAN 10 441 Sep 6 1,878 Jan 18, 2011 1,970 61,612 7 1 10.612 PARC ROSEWOOD 25 2,250 Sep 7 684 Sep 28, 2012 709 56,450 4 0.4 8.913 HILLSTA 23 527 Sep 9 1,223 Sep 5, 2013 1,323 52,800 8 1 8.014 THE BERTH BY THE COVE 4 1,658 Sep 8 1,522 Dec 17, 2014 1,550 47,000 2 0.3 6.715 CITY SQUARE RESIDENCES 8 570 Sep 9 1,674 Feb 25, 2013 1,753 45,000 5 1 8.5

Most profitable deals PROJECT DISTRICT AREA

( SQ FT)SOLD ON

(2021)SALE PRICE

($ PSF)BOUGHT ON PURCHASE PRICE

($ PSF)PROFIT ($) PROFIT (%) ANNUALISED

PROFIT (%)HOLDING PERIOD

(YEARS)

1 MARINA BAY RESIDENCES 1 4,489 Sep 7 4,311 Oct 16, 2013 3,092 5,470,000 39 4 7.9

2 GRAND DUCHESS AT ST PATRICK'S 15 2,573 Sep 14 1,360 Oct 3, 2008 661 1,800,000 106 6 13.0

3 ASPEN HEIGHTS 9 1,324 Sep 13 2,243 Jul 20, 2002 944 1,720,000 138 5 19.24 RIVERGATE 9 1,055 Sep 6 2,597 May 19, 2005 1,170 1,506,100 122 5 16.35 COSTA RHU 15 1,970 Sep 10 1,472 May 6, 2009 711 1,500,000 107 6 12.46 RESIDENCES @ EVELYN 11 2,250 Sep 10 2,045 May 2, 2007 1,408 1,432,880 45 3 14.47 CASABELLA 10 1,313 Sep 8 1,850 Mar 14, 2005 822 1,350,000 125 5 16.58 THE MEYERISE 15 2,056 Sep 8 2,397 Sep 27, 2011 1,777 1,274,000 35 3 10.09 STANGEE PLACE 15 1,206 Sep 9 1,476 Jun 1, 2001 426 1,267,000 247 6 20.310 RIVERGATE 9 1,496 Sep 8 2,353 Mar 28, 2007 1,531 1,228,600 54 3 14.511 COTE D'AZUR 15 1,539 Sep 7 1,611 Aug 24, 2006 830 1,202,000 94 5 15.012 THE LOFT 10 1,528 Sep 9 1,852 Dec 3, 2002 1,085 1,171,200 71 3 18.813 BOTANNIA 5 1,582 Sep 8 1,390 Jul 18, 2007 702 1,089,740 98 5 14.214 THE METROPOLITAN CONDOMINIUM 3 1,894 Sep 14 1,584 Sep 4, 2017 1,049 1,012,000 51 11 4.015 KEW GREEN 16 2,939 Sep 7 718 Jun 29, 2007 383 985,000 88 5 14.2

GAINS AND LOSSES


The seller of a unit at Marina Bay Residences on Mari-na Boulevard made the top gain of $5.47 million over the week of Sept 5 to 14. The 4,489 sq ft unit on the 51st floor was bought for $13.88 million ($3,092 psf) in October 2013 and sold for $19.35 million ($4,311

psf) on Sept 7. The seller therefore made a 39% profit, or an annualised profit of 4% over almost eight years.

Located in District 1, Marina Bay Residences was complet-ed in 2010 and has 428 units on a 99-year leasehold. It is a four-minute walk to Downtown MRT Station on the Down-town Line.

The second top gain made over the week — a 106% prof-it of $1.8 million — was at Grand Duchess at St Patrick’s, on St Patrick’s Road. The 2,573 sq ft unit on the fifth floor was purchased for $1.7 million ($661 psf) in October 2008 and sold for $3.5 million ($1,360 psf) on Sept 14. This means that the seller made an annualised profit of 6% over 13 years.

Grand Duchess at St Patrick’s, in District 15, comprises 121 freehold units and was completed in 2010. It is a two- minute walk to the upcoming Marine Terrace MRT Station on the Thomson-East Coast Line.

A unit sold at Aspen Heights, on River Valley Road in District 9, made the third largest gain over the week, netting a 138% profit of $1.72 million for the seller. The 1,324 sq ft unit on the eighth floor was bought in July 2002 for $1.25 million ($944 psf), and sold for $2.97 million ($2,243 psf) on Sept 13. The seller therefore made an annualised profit of 5% over 19 years.

Aspen Heights comprises 606 units on a 999-year lease-hold and was completed in 1998. It is an eight-minute walk to Fort Canning MRT Station on the Downtown Line.

On the other hand, the most unprofitable deal of the week was the resale of a 7,050 sq ft unit at Reflections at Kep-pel Bay in District 4. Having sold the property for $11 mil-

lion ($1,560 psf) on Sept 10, the seller suffered a 39% loss of $6.95 million. The unit was purchased in May 2007 for $17.95 million ($2,550 psf). Over a holding period of more than 14 years, this translates into an annualised loss of 3%.

Reflections at Keppel Bay, located on Keppel Bay View, comprises 1,129 units on a 99-year leasehold and was com-pleted in 2011. It is a seven-minute walk to Telok Blangah MRT Station on the Circle Line. E

Unit at Marina Bay Residences turns in $5.47 mil profitPICTURES: SAMUEL ISAAC CHUA/THE EDGE SINGAPORE

The 4,489 sq ft unit on the 51st floor at Marina Bay Residences was sold for $19.35 million ($4,311 psf) on Sept 7

Having sold a unit at Reflections at Keppel Bay for $11 million ($1,560 psf) on Sept 10, the seller suffered a 39% loss of $6.95 million


DONE DEALS

Residential transactions with contracts dated Sept 5 to 14

PROJECT NAME PROPERTY TYPE TENURESALE DATE

(2021)LAND AREA/

FLOOR AREA (SQ FT)TRANSACTED

PRICE ($)NETT PRICE

($ PSF)UNIT PRICE

($ PSF)COMPLETION

DATE TYPE OF SALE

District 1 MARINA BAY RESIDENCES Condominium 99 years Sep 7 4,489 19,350,000 - 4,311 2010 ResaleMARINA BAY SUITES Condominium 99 years Sep 9 2,045 4,000,000 - 1,956 2013 ResaleMARINA ONE RESIDENCES Apartment 99 years Sep 6 710 1,663,800 - 2,342 2017 ResaleMARINA ONE RESIDENCES Apartment 99 years Sep 9 710 1,600,000 - 2,252 2017 ResaleV ON SHENTON Apartment 99 years Sep 6 1,755 3,924,620 - 2,237 2017 ResaleDistrict 2 ALTEZ Apartment 99 years Sep 13 753 1,430,000 - 1,898 2014 ResaleICON Apartment 99 years Sep 10 786 1,230,000 - 1,565 2007 ResaleSPOTTISWOODE RESIDENCES Condominium Freehold Sep 10 915 1,900,000 - 2,077 2013 ResaleSPOTTISWOODE SUITES Apartment Freehold Sep 13 581 1,255,000 - 2,159 2017 ResaleDistrict 3 ASCENTIA SKY Condominium 99 years Sep 10 1,012 1,700,000 - 1,680 2013 ResaleAVENUE SOUTH RESIDENCE Apartment 99 years Sep 5 657 1,489,000 - 2,268 Uncompleted New SaleAVENUE SOUTH RESIDENCE Apartment 99 years Sep 7 732 1,651,000 - 2,256 Uncompleted New SaleAVENUE SOUTH RESIDENCE Apartment 99 years Sep 7 689 1,592,000 - 2,311 Uncompleted New SaleAVENUE SOUTH RESIDENCE Apartment 99 years Sep 8 657 1,484,000 - 2,260 Uncompleted New SaleAVENUE SOUTH RESIDENCE Apartment 99 years Sep 8 689 1,598,000 - 2,320 Uncompleted New SaleAVENUE SOUTH RESIDENCE Apartment 99 years Sep 8 1,496 2,788,000 - 1,863 Uncompleted New SaleAVENUE SOUTH RESIDENCE Apartment 99 years Sep 9 732 1,657,000 - 2,264 Uncompleted New SaleAVENUE SOUTH RESIDENCE Apartment 99 years Sep 11 1,496 2,780,000 - 1,858 Uncompleted New SaleAVENUE SOUTH RESIDENCE Apartment 99 years Sep 11 1,496 3,044,000 - 2,034 Uncompleted New SaleAVENUE SOUTH RESIDENCE Apartment 99 years Sep 12 657 1,551,000 - 2,362 Uncompleted New SaleAVENUE SOUTH RESIDENCE Apartment 99 years Sep 12 689 1,581,000 - 2,295 Uncompleted New SaleAVENUE SOUTH RESIDENCE Apartment 99 years Sep 12 1,496 2,803,000 - 1,873 Uncompleted New SaleCOMMONWEALTH TOWERS Condominium 99 years Sep 7 474 895,000 - 1,890 2017 ResaleCOMMONWEALTH TOWERS Condominium 99 years Sep 7 1,055 2,075,000 - 1,967 2017 ResaleONE PEARL BANK Apartment 99 years Sep 7 840 2,046,000 - 2,437 Uncompleted New SalePRINCIPAL GARDEN Condominium 99 years Sep 10 764 1,410,000 - 1,845 2018 ResalePRINCIPAL GARDEN Condominium 99 years Sep 13 495 895,000 - 1,808 2018 ResaleQUEENS PEAK Condominium 99 years Sep 10 484 938,000 - 1,936 2020 Sub SaleSTIRLING RESIDENCES Apartment 99 years Sep 10 710 1,278,000 - 1,799 Uncompleted New SaleSTIRLING RESIDENCES Apartment 99 years Sep 11 441 1,049,000 - 2,377 Uncompleted New SaleTHE ANCHORAGE Condominium Freehold Sep 13 1,830 2,835,000 - 1,549 1997 ResaleTHE LANDMARK Condominium 99 years Sep 12 753 1,779,630 - 2,362 Uncompleted New SaleTHE METROPOLITAN CONDOMINIUM Condominium 99 years Sep 13 1,033 1,700,000 - 1,645 2009 ResaleTHE METROPOLITAN CONDOMINIUM Condominium 99 years Sep 14 1,894 3,000,000 - 1,584 2009 ResaleTHE REGENCY AT TIONG BAHRU Condominium Freehold Sep 7 926 1,850,000 - 1,998 2010 ResaleDistrict 4 CARIBBEAN AT KEPPEL BAY Condominium 99 years Sep 9 1,335 2,280,000 - 1,708 2004 ResaleREFLECTIONS AT KEPPEL BAY Condominium 99 years Sep 7 1,044 2,100,000 - 2,011 2011 ResaleREFLECTIONS AT KEPPEL BAY Condominium 99 years Sep 8 1,249 2,150,000 - 1,722 2011 ResaleREFLECTIONS AT KEPPEL BAY Condominium 99 years Sep 9 1,647 2,680,000 - 1,627 2011 ResaleREFLECTIONS AT KEPPEL BAY Condominium 99 years Sep 10 7,050 11,000,000 - 1,560 2011 ResaleTHE BERTH BY THE COVE Condominium 99 years Sep 8 1,658 2,523,000 - 1,522 2006 ResaleTHE BERTH BY THE COVE Condominium 99 years Sep 13 1,270 2,000,000 - 1,575 2006 ResaleTHE INTERLACE Condominium 99 years Sep 6 1,593 2,100,000 - 1,318 2013 ResaleDistrict 5 BLUE HORIZON Condominium 99 years Sep 8 1,152 1,275,000 - 1,107 2005 ResaleBOTANNIA Condominium 956 years Sep 8 1,582 2,200,000 - 1,390 2009 ResaleCLAVON Apartment 99 years Sep 5 1,356 2,234,000 - 1,647 Uncompleted New SaleCLAVON Apartment 99 years Sep 5 1,582 2,545,000 - 1,608 Uncompleted New SaleCLAVON Apartment 99 years Sep 8 1,281 2,031,000 - 1,586 Uncompleted New SaleCLAVON Apartment 99 years Sep 11 1,356 2,279,000 - 1,680 Uncompleted New SaleCLAVON Apartment 99 years Sep 11 1,130 2,031,000 - 1,797 Uncompleted New SaleDOVER PARKVIEW Condominium 99 years Sep 10 936 1,100,000 - 1,175 1997 ResaleFABER CREST Condominium 99 years Sep 10 1,249 1,300,000 - 1,041 2001 ResaleHERITAGE VIEW Condominium 99 years Sep 6 1,195 1,500,000 - 1,255 2000 ResaleHERITAGE VIEW Condominium 99 years Sep 9 1,313 1,780,000 - 1,355 2000 ResaleHERITAGE VIEW Condominium 99 years Sep 10 1,163 1,530,000 - 1,316 2000 ResaleHUNDRED TREES Condominium 956 years Sep 13 1,163 1,690,000 - 1,454 2013 ResaleKENT RIDGE HILL RESIDENCES Apartment 99 years Sep 5 1,927 3,291,000 - 1,708 Uncompleted New SaleLE HILL CONDOMINIUM Condominium Freehold Sep 8 990 1,386,000 - 1,400 1999 ResaleZEHNDER ROAD Semi-Detached Freehold Sep 9 3,315 5,200,000 - 1,568 1995 ResaleNORMANTON PARK Apartment 99 years Sep 6 1,098 1,980,000 - 1,803 Uncompleted New SaleNORMANTON PARK Apartment 99 years Sep 6 527 980,000 - 1,858 Uncompleted New SaleNORMANTON PARK Apartment 99 years Sep 7 527 952,000 - 1,805 Uncompleted New SaleNORMANTON PARK Apartment 99 years Sep 7 527 983,000 - 1,864 Uncompleted New SaleNORMANTON PARK Apartment 99 years Sep 7 1,615 2,904,000 - 1,799 Uncompleted New SaleNORMANTON PARK Apartment 99 years Sep 7 1,066 1,934,000 - 1,815 Uncompleted New SaleNORMANTON PARK Apartment 99 years Sep 8 1,615 3,017,000 - 1,869 Uncompleted New SaleNORMANTON PARK Apartment 99 years Sep 9 904 1,595,000 - 1,764 Uncompleted New SaleNORMANTON PARK Terrace 99 years Sep 10 2,110 3,160,000 - 1,498 Uncompleted New SaleNORMANTON PARK Apartment 99 years Sep 10 689 1,176,000 - 1,707 Uncompleted New SaleNORMANTON PARK Apartment 99 years Sep 10 1,615 2,934,000 - 1,817 Uncompleted New SaleNORMANTON PARK Apartment 99 years Sep 10 581 1,114,000 - 1,917 Uncompleted New SaleNORMANTON PARK Apartment 99 years Sep 10 947 1,651,000 - 1,743 Uncompleted New SaleNORMANTON PARK Apartment 99 years Sep 12 527 970,000 - 1,839 Uncompleted New SalePARC CLEMATIS Apartment 99 years Sep 6 1,238 2,142,000 - 1,730 Uncompleted New SalePARC CLEMATIS Apartment 99 years Sep 7 1,981 2,920,000 - 1,474 Uncompleted New SalePARC CLEMATIS Apartment 99 years Sep 7 1,981 2,925,000 - 1,477 Uncompleted New SalePARC CLEMATIS Apartment 99 years Sep 7 1,249 2,195,000 - 1,758 Uncompleted New SalePARC CLEMATIS Apartment 99 years Sep 7 1,292 2,339,000 - 1,811 Uncompleted New SalePARC CLEMATIS Apartment 99 years Sep 8 1,711 2,804,000 - 1,638 Uncompleted New SalePARC CLEMATIS Apartment 99 years Sep 9 915 1,588,000 - 1,736 Uncompleted New SalePARC CLEMATIS Apartment 99 years Sep 10 1,668 2,652,000 - 1,590 Uncompleted New SalePARC CLEMATIS Apartment 99 years Sep 10 990 1,603,000 - 1,619 Uncompleted New SalePARC CLEMATIS Apartment 99 years Sep 10 969 1,616,000 - 1,668 Uncompleted New SalePARC CLEMATIS Apartment 99 years Sep 11 1,711 2,800,000 - 1,636 Uncompleted New SalePARC CLEMATIS Apartment 99 years Sep 11 1,238 2,164,000 - 1,748 Uncompleted New SalePARC CLEMATIS Apartment 99 years Sep 12 1,496 2,486,000 - 1,662 Uncompleted New SalePARC CLEMATIS Apartment 99 years Sep 12 1,711 2,797,000 - 1,634 Uncompleted New SalePARC CLEMATIS Apartment 99 years Sep 12 689 1,269,000 - 1,842 Uncompleted New SaleTHE CLEMENT CANOPY Apartment 99 years Sep 7 732 1,280,000 - 1,749 2019 ResaleTHE INFINITI Condominium Freehold Sep 10 1,249 1,550,000 - 1,241 2008 ResaleTHE PARC CONDOMINIUM Condominium Freehold Sep 13 3,681 3,950,000 - 1,073 2010 ResaleTWIN VEW Apartment 99 years Sep 14 1,518 2,311,000 - 1,523 2021 Sub Sale

WESTCOVE CONDOMINIUM Condominium 99 years Sep 14 1,141 1,065,000 - 933 1998 ResaleWHISTLER GRAND Apartment 99 years Sep 8 506 880,000 - 1,739 Uncompleted New SaleDistrict 7 THE BENCOOLEN Apartment 99 years Sep 8 926 1,200,000 - 1,296 1999 ResaleTHE M Apartment 99 years Sep 10 732 1,708,000 - 2,333 Uncompleted New SaleTHE M Apartment 99 years Sep 10 732 1,680,000 - 2,295 Uncompleted New SaleDistrict 8 CITY SQUARE RESIDENCES Condominium Freehold Sep 9 570 955,000 - 1,674 2009 ResaleCITY SQUARE RESIDENCES Condominium Freehold Sep 14 1,206 1,900,000 - 1,576 2008 ResaleKERRISDALE Condominium 99 years Sep 13 1,270 1,630,000 - 1,283 2005 ResaleSING AVENUE Apartment Freehold Sep 6 1,259 1,350,000 - 1,072 - ResaleSTURDEE VIEW Apartment Freehold Sep 7 1,475 1,650,000 - 1,119 1999 ResaleDistrict 9 1919 Apartment Freehold Sep 6 560 1,180,000 - 2,108 2015 Resale8 @ MOUNT SOPHIA Condominium 103 years Sep 10 1,033 1,688,000 - 1,634 2007 ResaleASPEN HEIGHTS Condominium 999 years Sep 13 1,324 2,970,000 - 2,243 1998 ResaleIRWELL HILL RESIDENCES Apartment 99 years Sep 6 667 1,844,000 - 2,763 Uncompleted New SaleIRWELL HILL RESIDENCES Apartment 99 years Sep 9 667 1,850,000 - 2,772 Uncompleted New SaleIRWELL HILL RESIDENCES Apartment 99 years Sep 12 667 1,950,000 - 2,922 Uncompleted New SaleIRWELL HILL RESIDENCES Apartment 99 years Sep 12 1,270 3,232,000 - 2,545 Uncompleted New SalePARC EMILY Condominium Freehold Sep 6 990 1,770,000 - 1,787 2008 ResalePATERSON SUITES Condominium Freehold Sep 10 1,679 4,890,000 - 2,912 2010 ResaleRIVERGATE Apartment Freehold Sep 6 1,055 2,740,000 - 2,597 2009 ResaleRIVERGATE Apartment Freehold Sep 8 1,496 3,520,000 - 2,353 2009 ResaleROBERTSON EDGE Apartment 999 years Sep 14 431 880,000 - 2,044 2008 ResaleSCOTTS SQUARE Apartment Freehold Sep 7 624 2,165,100 - 3,468 2011 ResaleST THOMAS SUITES Condominium Freehold Sep 7 2,605 5,470,000 - 2,100 2010 ResaleTHE AVENIR Condominium Freehold Sep 6 829 2,677,000 - 3,230 Uncompleted New SaleTHE AVENIR Condominium Freehold Sep 6 1,528 4,931,000 - 3,226 Uncompleted New SaleTHE AVENIR Condominium Freehold Sep 8 807 2,515,000 - 3,115 Uncompleted New SaleTHE AVENIR Condominium Freehold Sep 10 829 2,613,000 - 3,153 Uncompleted New SaleTHE AVENIR Condominium Freehold Sep 10 829 2,728,000 - 3,291 Uncompleted New SaleTHE AVENIR Condominium Freehold Sep 10 1,528 5,048,000 - 3,303 Uncompleted New SaleTHE VERV @ RV Apartment Freehold Sep 10 1,001 1,950,000 - 1,948 2011 ResaleDistrict 10 BALMORAL CREST Apartment Freehold Sep 7 1,098 2,000,000 - 1,822 2002 ResaleBAN GUAN PARK Detached Freehold Sep 10 6,162 12,900,000 - 2,093 - ResaleCASABELLA Condominium Freehold Sep 8 1,313 2,430,000 - 1,850 2005 ResaleCORONATION SHOPPING PLAZA Apartment Freehold Sep 10 1,927 2,800,000 - 1,453 1979 ResaleD’LEEDON Condominium 99 years Sep 14 1,367 2,150,000 - 1,573 2014 ResaleDRAYCOTT EIGHT Condominium 99 years Sep 10 1,432 2,500,000 - 1,746 2005 ResaleELEVEN @ HOLLAND Semi-Detached 99 years Sep 9 3,735 2,750,000 - 736 2014 ResaleFOURTH AVENUE RESIDENCES Apartment 99 years Sep 7 474 1,206,000 - 2,546 Uncompleted New SaleFOURTH AVENUE RESIDENCES Apartment 99 years Sep 9 517 1,301,000 - 2,518 Uncompleted New SaleFOURTH AVENUE RESIDENCES Apartment 99 years Sep 10 1,109 2,758,000 - 2,488 Uncompleted New SaleFOURTH AVENUE RESIDENCES Apartment 99 years Sep 10 710 1,766,000 - 2,486 Uncompleted New SaleFOURTH AVENUE RESIDENCES Apartment 99 years Sep 11 1,485 3,700,000 - 2,491 Uncompleted New SaleGLENTREES Condominium 999 years Sep 10 1,442 2,468,000 - 1,711 2005 ResaleHOLLAND RESIDENCES Condominium Freehold Sep 9 2,250 3,760,000 - 1,671 2012 ResaleKIM LIN PARK Semi-Detached Freehold Sep 9 2,601 8,100,000 - 3,115 2008 ResaleKINGSVILLE Semi-Detached 102 years Sep 8 2,422 3,298,000 - 1,362 1999 ResaleLEEDON GREEN Condominium Freehold Sep 6 538 1,471,000 - 2,733 Uncompleted New SaleLEEDON GREEN Condominium Freehold Sep 8 700 1,909,200 - 2,729 Uncompleted New SaleLEEDON GREEN Condominium Freehold Sep 8 614 1,735,000 - 2,828 Uncompleted New SaleLEEDON GREEN Condominium Freehold Sep 8 1,356 3,765,000 - 2,776 Uncompleted New SaleLEEDON GREEN Condominium Freehold Sep 9 700 1,988,000 - 2,841 Uncompleted New SaleLEEDON GREEN Condominium Freehold Sep 10 1,044 2,949,000 - 2,824 Uncompleted New SaleLEEDON GREEN Condominium Freehold Sep 10 710 1,760,000 - 2,477 Uncompleted New SaleLEEDON GREEN Condominium Freehold Sep 11 775 1,998,000 - 2,578 Uncompleted New SaleLEEDON GREEN Condominium Freehold Sep 11 958 2,468,000 - 2,576 Uncompleted New SaleLOFT @ NATHAN Apartment Freehold Sep 6 441 828,888 - 1,878 2014 ResaleBUKIT TIMAH ROAD Detached Freehold Sep 10 6,778 11,000,000 - 1,623 - ResaleONE TREE HILL COLLECTION Semi-Detached Freehold Sep 9 2,228 8,428,000 - 3,783 2021 New SalePINEWOOD GARDENS Condominium Freehold Sep 14 1,948 3,430,000 - 1,761 1990 ResaleROYALGREEN Condominium Freehold Sep 12 667 1,881,000 - 2,819 Uncompleted New SaleSPRING GROVE Condominium 99 years Sep 14 1,787 2,769,850 - 1,550 1996 ResaleST MARTIN’S APARTMENT Apartment Freehold Sep 8 926 2,155,000 - 2,328 1986 ResaleTHE LOFT Condominium 99 years Sep 9 1,528 2,830,000 - 1,852 2002 ResaleTHE TRIZON Condominium Freehold Sep 14 1,894 3,300,000 - 1,742 2012 ResaleVALLEY PARK Condominium 999 years Sep 9 1,216 2,332,288 - 1,917 1997 ResaleDistrict 11 CUBE 8 Condominium Freehold Sep 9 1,335 2,150,000 - 1,611 2013 ResaleDUNEARN 386 Apartment Freehold Sep 8 646 1,528,000 - 2,366 Uncompleted New SaleHILLCREST ARCADIA Condominium 99 years Sep 8 2,433 3,050,000 - 1,254 1980 ResaleHILLCREST PARK Detached Freehold Sep 9 6,280 12,550,000 - 1,998 - ResaleL’VIV Apartment Freehold Sep 10 990 2,020,000 - 2,040 2013 ResaleBARKER ROAD Terrace Freehold Sep 13 1,653 5,500,000 - 3,327 2009 ResalePARK INFINIA AT WEE NAM Condominium Freehold Sep 6 1,442 3,088,000 - 2,141 2008 ResalePEAK RESIDENCE Condominium Freehold Sep 11 1,087 2,700,000 - 2,484 Uncompleted New SaleRESIDENCES @ EVELYN Condominium Freehold Sep 10 2,250 4,600,000 - 2,045 2007 ResaleSKY@ELEVEN Condominium Freehold Sep 7 2,271 4,088,000 - 1,800 2010 ResaleTHE GREENWOOD Terrace 103 years Sep 6 2,992 3,150,000 - 1,053 2011 ResaleTHE WHITLEY RESIDENCES Semi-Detached Freehold Sep 8 5,651 4,600,000 - 814 2016 ResaleDistrict 12 AIRSTREAM Apartment Freehold Sep 8 409 598,000 - 1,462 2012 ResaleD’MIRA Apartment Freehold Sep 10 969 1,275,000 - 1,316 2012 ResaleEIGHT RIVERSUITES Condominium 99 years Sep 6 1,356 1,750,000 - 1,290 2016 ResaleEIGHT RIVERSUITES Condominium 99 years Sep 9 936 1,228,000 - 1,311 2016 ResaleEIGHT RIVERSUITES Condominium 99 years Sep 10 700 1,050,000 - 1,501 2016 ResaleMOONSTONE VIEW Apartment Freehold Sep 10 1,066 1,365,000 - 1,281 2000 ResaleRIVERBAY Apartment 999 years Sep 10 753 1,030,000 - 1,367 2014 ResaleTHE CENTRIO Apartment Freehold Sep 6 980 1,560,000 - 1,593 2009 ResaleTHE RIVERINE BY THE PARK Apartment Freehold Sep 8 1,302 2,600,000 - 1,996 2010 ResaleTHE TIER Apartment Freehold Sep 9 538 820,000 - 1,524 2011 ResaleTREVISTA Condominium 99 years Sep 13 689 1,030,000 - 1,495 2011 ResaleDistrict 13 BRADDELL HEIGHTS ESTATE Detached Freehold Sep 6 5,545 7,940,000 - 1,432 2006 ResaleCENTURION RESIDENCES Semi-Detached Freehold Sep 10 3,391 2,600,000 - 767 2010 ResaleLEICESTER SUITES Apartment Freehold Sep 13 452 770,000 - 1,703 2013 ResaleMYRA Apartment Freehold Sep 5 872 1,830,000 - 2,099 Uncompleted New SaleMYRA Apartment Freehold Sep 12 872 1,844,000 - 2,115 Uncompleted New SaleMULBERRY AVENUE Terrace Freehold Sep 7 1,501 2,400,266 - 1,600 - ResaleNIN RESIDENCE Apartment 99 years Sep 8 904 1,180,000 - 1,305 2014 ResaleOASIS @ MULBERRY Terrace Freehold Sep 10 2,075 3,700,000 - 1,783 2006 ResaleSANT RITZ Condominium 99 years Sep 14 657 1,020,000 - 1,553 2016 ResaleSERANGOON PARK Semi-Detached Freehold Sep 8 4,497 5,800,000 - 1,290 1991 ResaleTHE POIZ RESIDENCES Apartment 99 years Sep 10 441 793,800 - 1,799 2018 ResaleTHE WOODLEIGH RESIDENCES Apartment 99 years Sep 9 958 2,138,000 - 2,232 Uncompleted New SaleTHE WOODLEIGH RESIDENCES Apartment 99 years Sep 11 850 1,790,000 - 2,105 Uncompleted New SaleTHE WOODLEIGH RESIDENCES Apartment 99 years Sep 11 1,076 2,219,000 - 2,062 Uncompleted New SaleTHE WOODLEIGH RESIDENCES Apartment 99 years Sep 12 958 2,060,000 - 2,150 Uncompleted New SaleDistrict 14 ASTORIA PARK Condominium 99 years Sep 7 958 1,065,000 - 1,112 1995 ResaleBLISS VILLE Apartment Freehold Sep 7 1,636 1,450,000 - 886 2010 ResaleCENTRA HEIGHTS Apartment Freehold Sep 6 431 700,000 - 1,626 2014 ResaleDAKOTA RESIDENCES Condominium 99 years Sep 6 1,044 1,500,000 - 1,437 2010 ResaleEUHABITAT Condominium 99 years Sep 8 1,141 1,510,000 - 1,323 2015 ResaleMALAYSIA PARK Terrace Freehold Sep 9 2,024 3,050,000 - 1,507 1971 ResaleCHANGI ROAD Detached Freehold Sep 13 5,292 6,750,000 - 1,276 2017 ResalePARC ESTA Apartment 99 years Sep 10 1,475 2,600,000 - 1,763 Uncompleted New SalePAYA LEBAR RESIDENCES Apartment Freehold Sep 9 947 1,428,000 - 1,508 2002 ResalePENROSE Apartment 99 years Sep 7 1,389 2,325,000 - 1,674 Uncompleted New SalePENROSE Apartment 99 years Sep 9 1,389 2,275,000 - 1,638 Uncompleted New SaleSTARVILLE Condominium Freehold Sep 9 1,550 1,680,000 - 1,084 2006 ResaleTHE SUNNY SPRING Apartment Freehold Sep 10 1,195 1,395,000 - 1,168 1998 ResaleTRE RESIDENCES Condominium 99 years Sep 13 861 1,275,000 - 1,481 2018 ResaleDistrict 15 38 I SUITES Apartment Freehold Sep 8 689 1,170,000 - 1,698 2014 ResaleAMBER PARK Condominium Freehold Sep 5 2,142 5,188,860 - 2,422 Uncompleted New Sale


(2021)LAND AREA/


PRICE ($)NETT PRICE

($ PSF)UNIT PRICE

($ PSF)COMPLETION

DATE TYPE OF SALE

Singapore — by postal district LOCALITIES DISTRICTSCity & Southwest 1 to 8Orchard/Tanglin/Holland 9 and 10Newton/Bukit Timah/Clementi 11 and 21Balestier/MacPherson/Geylang 12 to 14East Coast 15 and 16Changi/Pasir Ris 17 and 18Serangoon/Thomson 19 and 20West 22 to 24North 25 to 28


PARC CENTRAL RESIDENCES EC 99 years Sep 11 990 1,131,000 - 1,142 Uncompleted New SalePARC CENTRAL RESIDENCES EC 99 years Sep 12 893 1,056,000 - 1,182 Uncompleted New SalePARC CENTRAL RESIDENCES EC 99 years Sep 12 1,206 1,513,000 - 1,255 Uncompleted New SalePARC CENTRAL RESIDENCES EC 99 years Sep 12 1,206 1,478,000 - 1,226 Uncompleted New SalePARC CENTRAL RESIDENCES EC 99 years Sep 12 1,206 1,509,000 - 1,252 Uncompleted New SaleQ BAY RESIDENCES Condominium 99 years Sep 10 1,119 1,340,000 - 1,197 2016 ResaleQ BAY RESIDENCES Condominium 99 years Sep 13 797 920,000 - 1,155 2016 ResaleQ BAY RESIDENCES Condominium 99 years Sep 13 829 968,000 - 1,168 2016 ResaleRIPPLE BAY Condominium 99 years Sep 7 484 600,000 - 1,239 2015 ResaleRIPPLE BAY Condominium 99 years Sep 8 614 678,888 - 1,106 2015 ResaleRIS GRANDEUR Condominium Freehold Sep 9 3,079 2,300,000 - 747 2005 ResaleSAVANNAH CONDOPARK Condominium 99 years Sep 9 1,023 858,888 - 840 2005 ResaleSEASTRAND Condominium 99 years Sep 9 883 865,000 - 980 2014 ResaleSIMEI GREEN CONDOMINIUM EC 99 years Sep 10 1,195 964,888 - 808 1999 ResaleSTRATUM Condominium 99 years Sep 7 2,013 1,968,000 - 978 2016 ResaleTHE EDEN AT TAMPINES EC 99 years Sep 7 1,485 1,230,000 - 828 2003 ResaleTHE TAMPINES TRILLIANT EC 99 years Sep 6 1,238 1,208,000 - 976 2015 ResaleTHE TAMPINES TRILLIANT EC 99 years Sep 14 872 1,030,000 - 1,181 2015 ResaleTHE TAPESTRY Condominium 99 years Sep 6 474 760,000 - 1,605 2021 Sub SaleTHE TROPICA Condominium 99 years Sep 13 1,313 1,245,000 - 948 2000 ResaleTREASURE AT TAMPINES Condominium 99 years Sep 5 1,367 1,922,000 - 1,406 Uncompleted New SaleTREASURE AT TAMPINES Condominium 99 years Sep 7 1,335 1,889,000 - 1,415 Uncompleted New SaleTREASURE AT TAMPINES Condominium 99 years Sep 8 1,367 1,913,000 - 1,399 Uncompleted New SaleTREASURE AT TAMPINES Condominium 99 years Sep 8 1,238 1,664,000 - 1,344 Uncompleted New SaleTREASURE AT TAMPINES Condominium 99 years Sep 8 1,238 1,734,000 - 1,401 Uncompleted New SaleTREASURE AT TAMPINES Condominium 99 years Sep 11 1,324 1,872,000 - 1,414 Uncompleted New SaleTREASURE AT TAMPINES Condominium 99 years Sep 11 1,324 1,932,000 - 1,459 Uncompleted New SaleTREASURE AT TAMPINES Condominium 99 years Sep 11 1,335 1,832,000 - 1,373 Uncompleted New SaleTREASURE AT TAMPINES Condominium 99 years Sep 11 1,335 1,881,000 - 1,409 Uncompleted New SaleTREASURE AT TAMPINES Condominium 99 years Sep 11 1,335 1,839,000 - 1,378 Uncompleted New SaleTREASURE AT TAMPINES Condominium 99 years Sep 11 1,335 1,861,000 - 1,394 Uncompleted New SaleTREASURE AT TAMPINES Condominium 99 years Sep 11 915 1,450,000 - 1,585 Uncompleted New SaleTREASURE AT TAMPINES Condominium 99 years Sep 12 1,238 1,668,000 - 1,347 Uncompleted New SaleWATERCOLOURS EC 99 years Sep 8 1,238 1,068,000 - 863 2014 ResaleWATERCOLOURS EC 99 years Sep 13 2,282 1,710,000 - 749 2014 ResaleWATERVIEW Condominium 99 years Sep 14 786 820,000 - 1,044 2014 ResaleDistrict 19 A TREASURE TROVE Condominium 99 years Sep 8 1,044 1,278,888 - 1,225 2015 ResaleA TREASURE TROVE Condominium 99 years Sep 10 775 940,000 - 1,213 2015 ResaleAFFINITY AT SERANGOON Apartment 99 years Sep 5 1,410 2,210,000 - 1,567 Uncompleted New SaleAFFINITY AT SERANGOON Apartment 99 years Sep 7 1,152 1,757,000 - 1,526 Uncompleted New SaleAFFINITY AT SERANGOON Apartment 99 years Sep 8 1,152 1,819,000 - 1,579 Uncompleted New SaleAFFINITY AT SERANGOON Apartment 99 years Sep 9 1,152 1,805,000 - 1,567 Uncompleted New SaleAFFINITY AT SERANGOON Apartment 99 years Sep 9 1,098 1,727,000 - 1,573 Uncompleted New SaleAFFINITY AT SERANGOON Apartment 99 years Sep 10 1,152 1,643,200 - 1,427 Uncompleted New SaleAFFINITY AT SERANGOON Apartment 99 years Sep 11 1,152 1,790,000 - 1,554 Uncompleted New SaleAFFINITY AT SERANGOON Apartment 99 years Sep 12 1,152 1,745,380 - 1,515 Uncompleted New SaleAFFINITY AT SERANGOON Apartment 99 years Sep 12 1,076 1,688,000 - 1,568 Uncompleted New SaleAUSTVILLE RESIDENCES EC 99 years Sep 10 1,152 1,180,000 - 1,025 2014 ResaleBARTLEY RESIDENCES Apartment 99 years Sep 9 797 1,080,000 - 1,356 2015 ResaleBOTANIQUE AT BARTLEY Condominium 99 years Sep 6 657 1,010,000 - 1,538 2019 ResaleCARDIFF RESIDENCE Condominium 99 years Sep 10 1,141 1,250,000 - 1,096 2014 ResaleCASA CAMBIO Condominium Freehold Sep 6 667 972,800 - 1,458 2014 ResaleCOMPASS HEIGHTS Apartment 99 years Sep 8 1,755 1,458,000 - 831 2002 ResaleD’ZIRE Apartment 999 years Sep 6 431 575,000 - 1,335 2014 ResaleECOPOLITAN EC 99 years Sep 7 1,367 1,400,000 - 1,024 2016 ResaleECOPOLITAN EC 99 years Sep 7 1,098 1,168,888 - 1,065 2016 ResaleECOPOLITAN EC 99 years Sep 8 1,098 1,150,000 - 1,047 2016 ResaleECOPOLITAN EC 99 years Sep 10 1,098 1,170,000 - 1,066 2016 ResaleECOPOLITAN EC 99 years Sep 10 1,055 1,120,000 - 1,062 2016 ResaleECOPOLITAN EC 99 years Sep 10 893 850,000 - 951 2016 ResaleECOPOLITAN EC 99 years Sep 10 1,098 1,155,000 - 1,052 2016 ResaleECOPOLITAN EC 99 years Sep 13 1,098 1,188,000 - 1,082 2016 ResaleECOPOLITAN EC 99 years Sep 13 1,432 1,405,000 - 981 2016 ResaleFLO RESIDENCE Condominium 99 years Sep 9 786 870,000 - 1,107 2016 ResaleGAMBIR RIDGE Apartment Freehold Sep 10 732 1,160,000 - 1,585 2015 ResaleGRACE PARK Semi-Detached Freehold Sep 10 2,166 3,880,000 - 1,792 2009 ResaleHARMONY @ 1A Apartment Freehold Sep 10 915 1,100,000 - 1,202 2008 ResaleHERON BAY EC 99 years Sep 7 1,281 1,350,000 - 1,054 2015 ResaleHERON BAY EC 99 years Sep 10 1,281 1,290,000 - 1,007 2015 ResaleHIGHLAND COTTAGES Semi-Detached Freehold Sep 6 3,237 4,000,000 - 1,236 1989 ResaleJEWEL @ BUANGKOK Condominium 99 years Sep 6 721 1,000,000 - 1,387 2016 ResaleJEWEL @ BUANGKOK Condominium 99 years Sep 8 1,012 1,380,000 - 1,364 2016 ResaleJALAN BUNGA RAMPAI Terrace Freehold Sep 7 2,889 4,100,000 - 1,419 1973 ResaleJALAN CHORAK Terrace Freehold Sep 8 2,080 3,285,000 - 1,580 - ResaleOLA EC 99 years Sep 5 1,389 1,603,000 - 1,154 Uncompleted New SaleOLA EC 99 years Sep 5 947 1,100,500 - 1,162 Uncompleted New SaleOLA EC 99 years Sep 5 1,055 1,277,000 - 1,211 Uncompleted New SaleOLA EC 99 years Sep 5 1,055 1,391,000 - 1,319 Uncompleted New SaleOLA EC 99 years Sep 6 1,055 1,184,000 - 1,122 Uncompleted New SaleOLA EC 99 years Sep 6 1,722 2,102,000 - 1,221 Uncompleted New SaleOLA EC 99 years Sep 6 775 888,250 - 1,146 Uncompleted New SaleOLA EC 99 years Sep 7 947 1,046,000 - 1,104 Uncompleted New SaleOLA EC 99 years Sep 7 947 1,056,000 - 1,115 Uncompleted New SaleOLA EC 99 years Sep 8 1,389 1,634,000 - 1,177 Uncompleted New SaleOLA EC 99 years Sep 8 926 1,014,000 - 1,095 Uncompleted New SaleOLA EC 99 years Sep 8 775 939,910 - 1,213 Uncompleted New SaleOLA EC 99 years Sep 9 926 1,051,000 - 1,135 Uncompleted New SaleOLA EC 99 years Sep 9 926 1,006,000 - 1,087 Uncompleted New SaleOLA EC 99 years Sep 9 775 932,190 - 1,203 Uncompleted New SaleOLA EC 99 years Sep 9 1,055 1,259,000 - 1,194 Uncompleted New SaleOLA EC 99 years Sep 10 947 1,013,000 - 1,069 Uncompleted New SaleOLA EC 99 years Sep 10 926 981,000 - 1,060 Uncompleted New SaleOLA EC 99 years Sep 11 926 1,032,500 - 1,115 Uncompleted New SaleOLA EC 99 years Sep 11 1,055 1,236,000 - 1,172 Uncompleted New SaleOLA EC 99 years Sep 11 947 1,036,500 - 1,094 Uncompleted New SaleOLA EC 99 years Sep 11 926 1,011,500 - 1,093 Uncompleted New SaleOLA EC 99 years Sep 11 926 976,000 - 1,054 Uncompleted New SaleOLA EC 99 years Sep 11 1,055 1,431,000 - 1,357 Uncompleted New SaleOLA EC 99 years Sep 11 926 976,000 - 1,054 Uncompleted New SaleOLA EC 99 years Sep 11 926 995,000 - 1,075 Uncompleted New SaleOLA EC 99 years Sep 11 926 1,035,000 - 1,118 Uncompleted New SaleOLA EC 99 years Sep 11 775 946,680 - 1,222 Uncompleted New SaleOLA EC 99 years Sep 12 1,389 1,650,000 - 1,188 Uncompleted New SaleOLA EC 99 years Sep 12 1,389 1,667,000 - 1,201 Uncompleted New SaleOLA EC 99 years Sep 12 947 1,053,000 - 1,112 Uncompleted New SaleOLA EC 99 years Sep 12 947 1,062,000 - 1,121 Uncompleted New SaleOLA EC 99 years Sep 12 775 877,100 - 1,132 Uncompleted New SaleOLA EC 99 years Sep 12 1,055 1,119,000 - 1,061 Uncompleted New SaleOLA EC 99 years Sep 12 926 990,000 - 1,069 Uncompleted New SaleOLA EC 99 years Sep 12 926 1,000,000 - 1,080 Uncompleted New SaleOLA EC 99 years Sep 12 1,055 1,253,000 - 1,188 Uncompleted New SalePALM GROVE REGENCY Terrace 999 years Sep 7 2,949 2,630,000 - 892 2008 ResalePARC VERA Condominium 99 years Sep 7 786 905,000 - 1,152 2014 ResalePIERMONT GRAND EC 99 years Sep 5 1,507 1,728,050 - 1,147 Uncompleted New SalePIERMONT GRAND EC 99 years Sep 6 1,507 1,791,300 - 1,189 Uncompleted New SalePIERMONT GRAND EC 99 years Sep 9 1,356 1,576,800 - 1,163 Uncompleted New SalePRINCETON VALE Semi-Detached 99 years Sep 8 2,286 2,500,000 - 1,093 2001 ResaleREGENTVILLE Apartment 99 years Sep 9 1,152 980,000 - 851 1999 ResaleRIVER ISLES Condominium 99 years Sep 6 893 935,000 - 1,047 2015 ResaleRIVER ISLES Condominium 99 years Sep 7 1,227 1,300,000 - 1,059 2015 ResaleRIVERSAILS Condominium 99 years Sep 10 958 980,000 - 1,023 2016 ResaleRIVERSAILS Condominium 99 years Sep 14 915 1,080,000 - 1,180 2016 ResaleSENGKANG GRAND RESIDENCES Apartment 99 years Sep 5 936 1,650,660 - 1,763 Uncompleted New SaleSERANGOON GARDEN ESTATE Terrace 999 years Sep 7 2,640 5,288,800 - 2,003 - ResaleST ANNE’S WOOD Semi-Detached 999 years Sep 7 2,158 3,200,000 - 1,483 1996 ResaleSUITES @ PAYA LEBAR Apartment Freehold Sep 9 409 605,000 - 1,479 2013 ResaleTAI HWAN GARDEN Terrace Freehold Sep 8 2,019 3,400,000 - 1,684 1979 Resale



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AMBER PARK Condominium Freehold Sep 10 947 2,265,660 - 2,392 Uncompleted New SaleAMBER RESIDENCES Condominium Freehold Sep 10 2,217 4,000,000 - 1,804 2011 ResaleCEYLON CREST Apartment Freehold Sep 6 1,927 2,220,000 - 1,152 2005 ResaleCOASTLINE RESIDENCES Apartment Freehold Sep 9 1,109 2,658,000 - 2,397 Uncompleted New SaleCOSTA RHU Condominium 99 years Sep 10 1,970 2,900,000 - 1,472 1997 ResaleCOTE D’AZUR Condominium 99 years Sep 7 1,539 2,480,000 - 1,611 2004 ResaleESPIRA SUITES Apartment Freehold Sep 8 700 1,008,000 - 1,441 2012 ResaleETON COURT Apartment Freehold Sep 10 1,593 1,750,000 - 1,099 2004 ResaleFLAMINGO VALLEY Condominium Freehold Sep 7 1,216 1,800,000 - 1,480 2014 ResaleFLAMINGO VALLEY Condominium Freehold Sep 7 2,400 2,350,000 - 979 2014 ResaleFLAMINGO VALLEY Condominium Freehold Sep 9 1,873 2,900,000 - 1,548 2014 ResaleFLAMINGO VALLEY Condominium Freehold Sep 10 1,938 1,950,000 - 1,006 2014 ResaleFORT GARDENS Condominium Freehold Sep 13 1,442 2,150,000 - 1,491 1993 ResaleFRANKEL ESTATE Detached Freehold Sep 8 12,046 10,500,000 - 872 1999 ResaleFRANKEL ESTATE Semi-Detached Freehold Sep 9 4,193 5,300,000 - 1,264 1962 ResaleGRAND DUCHESS AT ST PATRICK’S Condominium Freehold Sep 14 2,573 3,500,000 - 1,360 2010 ResaleHAIG APARTMENTS Apartment Freehold Sep 9 1,711 1,830,000 - 1,069 1991 ResaleHAIG COURT Condominium Freehold Sep 13 1,442 2,220,000 - 1,539 2004 ResaleISUITES @ MARSHALL Apartment Freehold Sep 6 355 550,000 - 1,548 2012 ResaleJ@63 Apartment Freehold Sep 10 904 1,559,592 - 1,725 Uncompleted New SaleJOO CHIAT MANSIONS Apartment Freehold Sep 6 1,238 1,638,000 - 1,323 1986 ResaleLA MARIPOSA Apartment Freehold Sep 7 1,130 1,975,050 - 1,747 Uncompleted New SaleLA MARIPOSA Apartment Freehold Sep 7 1,130 1,967,130 - 1,740 Uncompleted New SaleLA MARIPOSA Apartment Freehold Sep 9 1,346 2,347,000 - 1,744 Uncompleted New SaleLA MARIPOSA Apartment Freehold Sep 9 1,130 1,920,000 - 1,699 Uncompleted New SaleLA MARIPOSA Apartment Freehold Sep 10 1,335 2,331,000 - 1,746 Uncompleted New SaleMANDARIN GARDENS Condominium 99 years Sep 10 1,572 1,755,000 - 1,117 1986 ResaleMODA Apartment Freehold Sep 10 969 1,600,000 - 1,652 2014 ResaleONAN ROAD Terrace Freehold Sep 6 1,905 3,660,000 - 1,921 1973 ResaleCRANE ROAD Apartment Freehold Sep 6 1,851 2,370,000 - 1,280 1993 ResaleELLIOT WALK Semi-Detached Freehold Sep 6 4,396 6,000,000 - 1,365 1998 ResaleJOO CHIAT PLACE Semi-Detached Freehold Sep 6 2,093 4,180,000 - 1,998 2015 ResaleLANGSAT ROAD Terrace Freehold Sep 8 1,862 3,800,000 - 2,041 1972 ResaleSTANGEE PLACE Apartment Freehold Sep 9 1,206 1,780,000 - 1,476 - ResaleMARTIA ROAD Detached Freehold Sep 9 19,412 28,000,000 - 1,442 - ResaleONAN ROAD Terrace Freehold Sep 9 1,866 4,125,000 - 2,210 - ResaleGOODMAN ROAD Detached Freehold Sep 10 6,376 11,300,000 - 1,772 1996 ResaleCRANBORNE ROAD Detached Freehold Sep 13 5,931 4,000,000 - 674 2012 ResaleCRANBORNE ROAD Detached Freehold Sep 13 5,156 3,000,000 - 582 2012 ResaleCRANBORNE ROAD Detached Freehold Sep 13 6,351 4,500,000 - 709 2012 ResaleCRANBORNE ROAD Detached Freehold Sep 13 6,362 4,500,000 - 707 2012 ResaleOCEAN PARK Condominium Freehold Sep 10 2,110 3,380,000 - 1,602 1984 ResaleONE MEYER Apartment Freehold Sep 5 926 2,510,000 - 2,711 Uncompleted New SaleOPERA ESTATE Semi-Detached Freehold Sep 9 3,654 6,680,000 - 1,828 - ResaleOPERA ESTATE Terrace Freehold Sep 10 1,520 4,300,000 - 2,829 2021 ResalePARC SEABREEZE Apartment Freehold Sep 9 1,292 2,600,000 - 2,013 2012 ResaleQUESTA @ DUNMAN Apartment Freehold Sep 7 753 1,268,000 - 1,683 2013 ResaleRESIDENCE 66 Apartment Freehold Sep 9 915 1,258,000 - 1,375 2008 ResaleSANCTUARY GREEN Condominium 99 years Sep 7 1,399 1,685,000 - 1,204 2003 ResaleSUITES @ EASTCOAST Condominium Freehold Sep 10 570 830,000 - 1,455 2012 ResaleSUNSHINE MANSIONS Apartment Freehold Sep 6 786 1,020,000 - 1,298 2006 ResaleTHE ARIEL Apartment Freehold Sep 6 926 1,240,000 - 1,340 2011 ResaleTHE BELVEDERE Condominium Freehold Sep 10 1,367 2,820,000 - 2,063 2007 ResaleTHE GERANIUM Condominium Freehold Sep 9 1,625 1,700,000 - 1,046 2006 ResaleTHE MAKENA Condominium Freehold Sep 7 1,152 1,680,000 - 1,459 1998 ResaleTHE MEDLEY Apartment Freehold Sep 7 893 1,160,000 - 1,298 2009 ResaleTHE MEDLEY Apartment Freehold Sep 13 807 999,000 - 1,237 2009 ResaleTHE MEYERISE Condominium Freehold Sep 8 2,056 4,928,000 - 2,397 2014 ResaleTHE SHORE RESIDENCES Condominium 103 years Sep 6 893 1,510,000 - 1,690 2014 ResaleTHE SHORE RESIDENCES Condominium 103 years Sep 7 592 980,000 - 1,655 2014 ResaleTHE SILVER FIR Apartment Freehold Sep 6 947 1,372,800 - 1,449 2013 ResaleDistrict 16 AQUARIUS BY THE PARK Condominium 99 years Sep 10 893 890,000 - 996 2001 ResaleARCHIPELAGO Condominium 99 years Sep 10 1,894 1,880,000 - 992 2015 ResaleARCHIPELAGO Condominium 99 years Sep 13 667 770,000 - 1,154 2015 ResaleBAYSHORE PARK Condominium 99 years Sep 9 936 1,169,000 - 1,248 1986 ResaleBEDOK GROVE Terrace Freehold Sep 9 1,767 3,600,000 - 2,037 2002 ResaleBEDOK RESIDENCES Apartment 99 years Sep 9 1,292 1,700,000 - 1,316 2015 ResaleBEDOK RESIDENCES Apartment 99 years Sep 10 581 876,000 - 1,507 2015 ResaleBEDOKVILLE Semi-Detached 999 years Sep 9 3,531 3,750,000 - 1,062 - ResaleCASA FLORA Condominium Freehold Sep 10 1,561 1,800,000 - 1,153 1987 ResaleCASA MERAH Apartment 99 years Sep 13 1,346 1,620,000 - 1,204 2009 ResaleCASA MERAH Apartment 99 years Sep 13 947 1,060,000 - 1,119 2009 ResaleCOSTA DEL SOL Condominium 99 years Sep 7 1,346 1,948,000 - 1,448 2004 ResaleD’MANOR Terrace 99 years Sep 7 2,723 1,938,000 - 712 2000 ResaleD’MANOR Terrace 99 years Sep 13 2,723 1,890,000 - 694 2000 ResaleEAST COAST HILL Semi-Detached Freehold Sep 9 3,955 5,980,000 - 1,512 1983 ResaleECO Condominium 99 years Sep 10 635 765,000 - 1,205 2017 ResaleGRANDEUR PARK RESIDENCES Condominium 99 years Sep 6 420 660,000 - 1,572 2020 Sub SaleKEW GREEN Condominium 99 years Sep 7 2,939 2,110,000 - 718 1997 ResaleBEDOK ROAD Semi-Detached Freehold Sep 7 3,366 5,688,888 - 1,690 2021 ResaleJALAN HAJI SALAM Terrace Freehold Sep 8 2,612 4,088,888 - 1,565 - ResaleLIMAU GROVE Terrace Freehold Sep 8 1,773 3,218,000 - 1,815 1991 ResaleSPRING PARK ESTATE Semi-Detached Freehold Sep 9 3,747 6,380,000 - 1,703 - ResaleTANAMERA CREST Condominium 99 years Sep 9 1,163 975,000 - 839 2004 ResaleTANAMERA CREST Condominium 99 years Sep 10 872 822,888 - 944 2004 ResaleTHE BAYSHORE Condominium 99 years Sep 6 1,238 1,361,800 - 1,100 1996 ResaleTHE GLADES Condominium 99 years Sep 9 1,378 1,830,000 - 1,328 2016 ResaleURBAN VISTA Condominium 99 years Sep 7 431 630,000 - 1,463 2016 ResaleWATERFRONT ISLE Condominium 99 years Sep 9 581 748,000 - 1,287 2015 ResaleWATERFRONT KEY Condominium 99 years Sep 10 904 1,083,200 - 1,198 2012 ResaleDistrict 17 AVILA GARDENS Condominium Freehold Sep 10 463 550,000 - 1,188 1995 ResaleCASA AL MARE Apartment Freehold Sep 7 775 1,330,000 - 1,716 2021 New SaleCASA AL MARE Apartment Freehold Sep 9 764 1,223,000 - 1,600 2021 New SaleDAHLIA PARK CONDOMINIUM Condominium Freehold Sep 6 1,292 1,088,000 - 842 2003 ResaleDAHLIA PARK CONDOMINIUM Condominium Freehold Sep 10 1,292 1,110,000 - 859 2003 ResaleEDELWEISS PARK CONDOMINIUM Condominium Freehold Sep 10 2,465 1,680,000 - 682 2006 ResaleHEDGES PARK CONDOMINIUM Condominium 99 years Sep 6 764 755,000 - 988 2015 ResaleLE LOYANG Apartment 999 years Sep 7 1,076 999,000 - 928 1994 ResaleLOYANG VILLAS Terrace 99 years Sep 9 2,153 1,880,000 - 873 1996 ResalePALM ISLES Condominium 99 years Sep 7 807 761,688 - 944 2015 ResalePALM ISLES Condominium 99 years Sep 9 1,324 1,230,000 - 929 2015 ResalePARC KOMO Apartment Freehold Sep 12 990 1,784,000 - 1,801 Uncompleted New SaleTHE JOVELL Condominium 99 years Sep 5 904 1,174,000 - 1,298 Uncompleted New SaleTHE JOVELL Condominium 99 years Sep 6 678 935,700 - 1,380 Uncompleted New SaleTHE JOVELL Condominium 99 years Sep 6 667 913,300 - 1,369 Uncompleted New SaleTHE JOVELL Condominium 99 years Sep 9 1,270 1,699,400 - 1,338 Uncompleted New SaleTHE JOVELL Condominium 99 years Sep 10 904 1,185,000 - 1,311 Uncompleted New SaleTHE JOVELL Condominium 99 years Sep 10 904 1,190,200 - 1,316 Uncompleted New SaleTHE JOVELL Condominium 99 years Sep 11 678 944,200 - 1,392 Uncompleted New SaleDistrict 18 ARC AT TAMPINES EC 99 years Sep 7 1,130 1,050,000 - 929 2014 ResaleCITYLIFE@TAMPINES EC 99 years Sep 6 1,324 1,500,000 - 1,133 2016 ResaleCITYLIFE@TAMPINES EC 99 years Sep 10 2,788 2,300,000 - 825 2016 ResaleCOCO PALMS Condominium 99 years Sep 6 463 668,000 - 1,443 2018 ResaleCOCO PALMS Condominium 99 years Sep 9 1,378 1,630,000 - 1,183 2018 ResaleCOCO PALMS Condominium 99 years Sep 10 1,744 2,148,000 - 1,232 2018 ResaleDOUBLE BAY RESIDENCES Condominium 99 years Sep 13 1,270 1,370,000 - 1,079 2012 ResaleELIAS GREEN Condominium 99 years Sep 13 1,518 1,200,000 - 791 1994 ResaleMELVILLE PARK Condominium 99 years Sep 9 1,302 890,000 - 683 1996 ResalePARC CENTRAL RESIDENCES EC 99 years Sep 6 893 1,025,000 - 1,147 Uncompleted New SalePARC CENTRAL RESIDENCES EC 99 years Sep 7 1,432 1,692,000 - 1,182 Uncompleted New SalePARC CENTRAL RESIDENCES EC 99 years Sep 7 990 1,119,000 - 1,130 Uncompleted New SalePARC CENTRAL RESIDENCES EC 99 years Sep 7 1,206 1,484,000 - 1,231 Uncompleted New SalePARC CENTRAL RESIDENCES EC 99 years Sep 7 1,206 1,421,000 - 1,179 Uncompleted New SalePARC CENTRAL RESIDENCES EC 99 years Sep 9 893 1,035,000 - 1,158 Uncompleted New SalePARC CENTRAL RESIDENCES EC 99 years Sep 9 1,206 1,402,000 - 1,163 Uncompleted New SalePARC CENTRAL RESIDENCES EC 99 years Sep 11 893 1,025,000 - 1,147 Uncompleted New Sale

DONE DEALS

CONTINUES ON PAGE EP14




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TERRASSE Condominium 99 years Sep 8 1,270 1,500,000 - 1,181 2014 ResaleTHE FLORENCE RESIDENCES Apartment 99 years Sep 6 797 1,210,112 - 1,519 Uncompleted New SaleTHE FLORENCE RESIDENCES Apartment 99 years Sep 7 1,668 2,730,000 - 1,636 Uncompleted New SaleTHE FLORENCE RESIDENCES Apartment 99 years Sep 8 635 1,105,000 - 1,740 Uncompleted New SaleTHE FLORENCE RESIDENCES Apartment 99 years Sep 8 667 1,120,000 - 1,678 Uncompleted New SaleTHE FLORENCE RESIDENCES Apartment 99 years Sep 8 667 1,054,000 - 1,579 Uncompleted New SaleTHE FLORENCE RESIDENCES Apartment 99 years Sep 8 1,668 2,735,000 - 1,639 Uncompleted New SaleTHE FLORENCE RESIDENCES Apartment 99 years Sep 9 936 1,499,000 - 1,601 Uncompleted New SaleTHE FLORIDA EC 99 years Sep 10 1,313 980,000 - 746 2000 ResaleTHE LUXURIE Condominium 99 years Sep 13 732 880,000 - 1,202 2015 ResaleTHE MINTON Condominium 99 years Sep 10 980 1,181,000 - 1,206 2013 ResaleTWIN WATERFALLS EC 99 years Sep 6 1,873 1,600,000 - 854 2015 ResaleURBAN RESIDENCES Apartment Freehold Sep 7 1,324 1,560,000 - 1,178 2014 ResaleURBAN RESIDENCES Apartment Freehold Sep 9 1,636 2,020,000 - 1,235 2014 ResaleWATERTOWN Apartment 99 years Sep 10 807 1,160,000 - 1,437 2017 ResaleWATERTOWN Apartment 99 years Sep 13 581 801,688 - 1,379 2017 ResaleDistrict 20 CORAL PARK Terrace Freehold Sep 14 1,811 3,200,000 - 1,767 1980 ResaleJADESCAPE Condominium 99 years Sep 9 1,259 2,107,810 - 1,674 Uncompleted New SaleJADESCAPE Condominium 99 years Sep 9 2,099 3,530,000 - 1,682 Uncompleted New SaleLATTICE ONE Apartment Freehold Sep 6 872 1,684,000 - 1,931 Uncompleted New SaleLATTICE ONE Apartment Freehold Sep 6 872 1,578,000 - 1,810 Uncompleted New SaleSEMBAWANG HILLS ESTATE Semi-Detached Freehold Sep 10 2,371 3,650,000 - 1,539 - ResaleSKY HABITAT Condominium 99 years Sep 10 710 1,142,000 - 1,607 2015 ResaleSKY VUE Condominium 99 years Sep 6 797 1,380,000 - 1,733 2016 ResaleSKY VUE Condominium 99 years Sep 9 1,141 2,040,000 - 1,788 2016 ResaleST NICHOLAS VIEW Terrace 99 years Sep 13 1,615 1,968,000 - 1,219 1999 ResaleTHE PANORAMA Condominium 99 years Sep 6 678 1,070,000 - 1,578 2017 ResaleTHE PANORAMA Condominium 99 years Sep 7 1,335 2,070,000 - 1,551 2017 ResaleTHOMSON GRAND Condominium 99 years Sep 8 1,356 1,920,000 - 1,416 2015 ResaleTHOMSON GRAND Condominium 99 years Sep 8 1,356 1,940,000 - 1,430 2015 ResaleDistrict 21 FORETT AT BUKIT TIMAH Apartment Freehold Sep 5 1,582 2,913,000 - 1,841 Uncompleted New SaleFORETT AT BUKIT TIMAH Apartment Freehold Sep 5 732 1,508,000 - 2,060 Uncompleted New SaleFORETT AT BUKIT TIMAH Apartment Freehold Sep 6 721 1,607,000 - 2,228 Uncompleted New SaleFORETT AT BUKIT TIMAH Apartment Freehold Sep 6 474 1,038,000 - 2,192 Uncompleted New SaleFORETT AT BUKIT TIMAH Apartment Freehold Sep 6 1,302 2,697,000 - 2,071 Uncompleted New SaleFORETT AT BUKIT TIMAH Apartment Freehold Sep 7 732 1,537,000 - 2,100 Uncompleted New SaleFORETT AT BUKIT TIMAH Apartment Freehold Sep 8 1,163 2,106,000 - 1,812 Uncompleted New SaleFORETT AT BUKIT TIMAH Apartment Freehold Sep 9 721 1,579,000 - 2,189 Uncompleted New SaleFORETT AT BUKIT TIMAH Apartment Freehold Sep 11 689 1,507,000 - 2,188 Uncompleted New SaleGARDENVISTA Condominium 99 years Sep 14 1,163 1,760,000 - 1,514 2006 ResaleGREENRIDGE Terrace Freehold Sep 13 4,155 5,500,000 - 1,324 1987 ResaleHOOVER PARK Terrace Freehold Sep 8 2,162 3,380,000 - 1,563 - ResaleKI RESIDENCES AT BROOKVALE Condominium 999 years Sep 6 753 1,468,000 - 1,948 Uncompleted New SaleKI RESIDENCES AT BROOKVALE Condominium 999 years Sep 7 743 1,356,185 - 1,826 Uncompleted New SaleKI RESIDENCES AT BROOKVALE Condominium 999 years Sep 8 753 1,483,000 - 1,968 Uncompleted New SaleKI RESIDENCES AT BROOKVALE Condominium 999 years Sep 9 743 1,444,000 - 1,944 Uncompleted New SaleKI RESIDENCES AT BROOKVALE Condominium 999 years Sep 12 1,033 1,908,000 - 1,846 Uncompleted New SaleKI RESIDENCES AT BROOKVALE Condominium 999 years Sep 12 883 1,591,000 - 1,803 Uncompleted New SaleMAYFAIR MODERN Condominium 99 years Sep 11 1,033 2,298,100 - 2,224 Uncompleted New SaleMAYFAIR MODERN Condominium 99 years Sep 12 807 1,730,000 - 2,143 Uncompleted New SaleTOH YI ROAD Terrace Freehold Sep 10 2,379 4,850,000 - 2,039 2017 ResalePINE GROVE Condominium 99 years Sep 7 1,755 1,770,000 - 1,009 - ResaleREGIS MANSIONS Apartment Freehold Sep 10 1,023 1,200,000 - 1,174 1998 ResaleSHERWOOD TOWER Apartment 99 years Sep 6 657 700,000 - 1,066 1980 ResaleSPRINGDALE CONDOMINIUM Condominium 999 years Sep 10 1,130 1,525,000 - 1,349 1998 ResaleTERRENE AT BUKIT TIMAH Condominium 999 years Sep 13 1,539 2,350,000 - 1,527 2013 ResaleTHE CASCADIA Condominium Freehold Sep 9 1,184 2,250,000 - 1,900 2010 ResaleTHE RAINTREE Condominium 99 years Sep 6 926 1,250,000 - 1,350 2008 ResaleUNIQUE GARDEN Semi-Detached 99 years Sep 8 3,772 2,250,000 - 597 1975 ResaleVERDALE Apartment 99 years Sep 5 700 1,269,700 - 1,815 Uncompleted New SaleVERDALE Apartment 99 years Sep 6 732 1,361,000 - 1,859 Uncompleted New SaleVERDALE Apartment 99 years Sep 7 732 1,337,800 - 1,828 Uncompleted New SaleVERDALE Apartment 99 years Sep 9 700 1,257,100 - 1,797 Uncompleted New SaleVERDALE Apartment 99 years Sep 10 1,001 1,702,100 - 1,700 Uncompleted New SaleVERDALE Apartment 99 years Sep 11 1,001 1,718,100 - 1,716 Uncompleted New SaleVERDALE Apartment 99 years Sep 11 1,001 1,765,700 - 1,764 Uncompleted New SaleDistrict 22 CASPIAN Condominium 99 years Sep 8 1,001 1,140,000 - 1,139 2012 ResaleCASPIAN Condominium 99 years Sep 9 1,238 1,480,000 - 1,196 2012 ResaleJ GATEWAY Condominium 99 years Sep 7 893 1,608,888 - 1,801 2016 ResaleLAKESIDE TOWER Apartment 99 years Sep 9 1,970 1,372,888 - 697 - ResaleTHE FLORAVALE EC 99 years Sep 10 1,335 860,000 - 644 2000 ResaleTHE MAYFAIR Condominium 99 years Sep 9 1,163 1,088,000 - 936 2000 ResaleDistrict 23 BLOSSOM RESIDENCES EC 99 years Sep 8 1,055 1,010,000 - 957 2014 ResaleDAIRY FARM RESIDENCES Apartment 99 years Sep 5 710 1,200,400 - 1,690 Uncompleted New SaleDAIRY FARM RESIDENCES Apartment 99 years Sep 5 1,141 1,805,300 - 1,582 Uncompleted New SaleECO SANCTUARY Condominium 99 years Sep 8 700 972,000 - 1,389 2016 ResaleGUILIN VIEW Condominium 99 years Sep 9 3,520 2,630,000 - 747 1999 ResaleHAZEL PARK CONDOMINIUM Condominium 999 years Sep 6 1,518 1,973,000 - 1,300 2000 ResaleHAZEL PARK CONDOMINIUM Condominium 999 years Sep 8 1,335 1,680,000 - 1,259 2000 ResaleHILLSTA Condominium 99 years Sep 9 527 645,000 - 1,223 2016 ResaleHILLSTA Condominium 99 years Sep 10 538 645,000 - 1,198 2016 ResaleHILLVIEW GARDEN ESTATE Terrace Freehold Sep 7 2,222 3,020,000 - 1,359 - ResaleHILLVIEW HEIGHTS Condominium Freehold Sep 9 732 980,000 - 1,339 1996 ResaleHILLVIEW REGENCY Condominium 99 years Sep 7 1,109 1,050,000 - 947 2005 ResaleHILLVIEW REGENCY Condominium 99 years Sep 8 969 815,000 - 841 2006 ResaleHILLVIEW REGENCY Condominium 99 years Sep 10 1,195 1,150,000 - 963 2006 ResaleMAYSPRINGS Apartment 99 years Sep 7 904 835,000 - 923 1998 ResaleMAYSPRINGS Apartment 99 years Sep 9 1,270 1,080,000 - 850 1998 ResaleMICHAELS’ RESIDENCES Semi-Detached 99 years Sep 8 2,228 3,170,000 - 1,423 2015 ResaleMIDWOOD Condominium 99 years Sep 5 689 1,242,000 - 1,803 Uncompleted New SaleMIDWOOD Condominium 99 years Sep 7 635 1,131,000 - 1,781 Uncompleted New SaleMIDWOOD Condominium 99 years Sep 8 904 1,464,000 - 1,619 Uncompleted New SaleMIDWOOD Condominium 99 years Sep 9 700 1,263,000 - 1,805 Uncompleted New SaleMIDWOOD Condominium 99 years Sep 9 990 1,687,000 - 1,704 Uncompleted New SaleMIDWOOD Condominium 99 years Sep 10 689 1,246,000 - 1,809 Uncompleted New SaleMIDWOOD Condominium 99 years Sep 12 484 908,000 - 1,875 Uncompleted New SaleJALAN REMAJA Semi-Detached 999 years Sep 10 3,314 3,930,000 - 1,186 - ResaleNORTHVALE Apartment 99 years Sep 9 1,270 950,000 - 748 1998 ResalePALM GARDENS Condominium 99 years Sep 7 1,938 1,500,000 - 774 2000 ResalePARKVIEW APARTMENTS Apartment 99 years Sep 9 1,141 855,000 - 749 1998 ResalePHOENIX RESIDENCES Apartment 99 years Sep 11 560 863,910 - 1,543 Uncompleted New SaleTHE AMSTON Apartment 999 years Sep 13 1,292 1,800,000 - 1,394 1998 ResaleTHE DEW EC 99 years Sep 6 1,313 1,140,000 - 868 2003 ResaleTHE HILLIER Apartment 99 years Sep 6 624 828,000 - 1,326 2016 ResaleTHE RAINFOREST EC 99 years Sep 7 1,152 1,240,000 - 1,077 2015 ResaleTHE RAINFOREST EC 99 years Sep 9 1,378 1,620,000 - 1,176 2015 ResaleTHE WARREN Condominium 99 years Sep 6 1,076 1,010,000 - 938 2004 ResaleTREE HOUSE Condominium 99 years Sep 13 861 970,000 - 1,126 2013 ResaleVILLA VERDE Terrace 99 years Sep 13 2,239 2,100,000 - 938 2000 ResaleDistrict 25 FORESTVILLE EC 99 years Sep 7 1,722 1,538,000 - 893 2016 ResaleFORESTVILLE EC 99 years Sep 8 2,465 2,080,000 - 844 2016 ResaleFORESTVILLE EC 99 years Sep 9 1,324 1,200,000 - 906 2016 ResaleLA CASA EC 99 years Sep 9 1,141 890,000 - 780 2008 ResaleLA CASA EC 99 years Sep 9 1,141 896,000 - 785 2008 ResaleLA CASA EC 99 years Sep 10 872 790,000 - 906 2008 ResaleWOODGROVE AVENUE Detached 99 years Sep 13 5,447 3,800,000 - 698 1998 ResalePARC ROSEWOOD Condominium 99 years Sep 7 2,250 1,539,000 - 684 2014 ResalePARC ROSEWOOD Condominium 99 years Sep 9 969 908,888 - 938 2014 ResaleTWIN FOUNTAINS EC 99 years Sep 7 1,206 1,220,000 - 1,012 2016 ResaleWOODHAVEN Condominium 99 years Sep 7 592 655,000 - 1,106 2015 ResaleWOODSVALE EC 99 years Sep 13 1,227 842,000 - 686 2000 ResaleDistrict 26 SEASONS PARK Condominium 99 years Sep 13 1,066 1,060,000 - 995 1997 Resale

TEACHER’S HOUSING ESTATE Terrace 999 years Sep 9 2,460 3,100,000 - 1,260 - ResaleDistrict 27 1 CANBERRA EC 99 years Sep 6 1,055 1,058,000 - 1,003 2015 ResaleEUPHONY GARDENS Condominium 99 years Sep 14 1,518 1,050,000 - 692 2001 ResaleGOODLINK PARK Terrace Freehold Sep 10 3,179 3,400,000 - 1,070 1986 ResaleNORTH PARK RESIDENCES Apartment 99 years Sep 8 1,001 1,530,000 - 1,528 2018 Sub SaleNORTH PARK RESIDENCES Apartment 99 years Sep 8 1,227 1,780,000 - 1,451 2018 Sub SalePROVENCE RESIDENCE EC 99 years Sep 5 1,066 1,107,000 - 1,039 Uncompleted New SalePROVENCE RESIDENCE EC 99 years Sep 6 1,044 1,339,000 - 1,282 Uncompleted New SalePROVENCE RESIDENCE EC 99 years Sep 7 883 985,000 - 1,116 Uncompleted New SalePROVENCE RESIDENCE EC 99 years Sep 7 926 1,183,000 - 1,278 Uncompleted New SalePROVENCE RESIDENCE EC 99 years Sep 7 926 1,113,000 - 1,202 Uncompleted New SalePROVENCE RESIDENCE EC 99 years Sep 7 926 1,183,000 - 1,278 Uncompleted New SalePROVENCE RESIDENCE EC 99 years Sep 7 1,044 1,217,000 - 1,166 Uncompleted New SalePROVENCE RESIDENCE EC 99 years Sep 9 1,044 1,203,000 - 1,152 Uncompleted New SalePROVENCE RESIDENCE EC 99 years Sep 10 883 1,036,000 - 1,174 Uncompleted New SalePROVENCE RESIDENCE EC 99 years Sep 11 1,044 1,177,000 - 1,127 Uncompleted New SalePROVENCE RESIDENCE EC 99 years Sep 11 926 1,066,000 - 1,152 Uncompleted New SalePROVENCE RESIDENCE EC 99 years Sep 11 883 1,021,000 - 1,157 Uncompleted New SalePROVENCE RESIDENCE EC 99 years Sep 12 1,044 1,243,000 - 1,190 Uncompleted New SalePROVENCE RESIDENCE EC 99 years Sep 12 1,044 1,249,000 - 1,196 Uncompleted New SaleSEMBAWANG PARK Semi-Detached Freehold Sep 13 3,565 4,250,000 - 1,192 1967 ResaleSKYPARK RESIDENCES EC 99 years Sep 10 1,722 1,700,000 - 987 2016 ResaleSKYPARK RESIDENCES EC 99 years Sep 13 1,302 1,320,000 - 1,013 2016 ResaleTHE MILTONIA RESIDENCES Condominium 99 years Sep 10 2,077 1,800,000 - 866 2014 ResaleTHE WATERGARDENS AT CANBERRA Apartment 99 years Sep 5 753 1,121,000 - 1,488 Uncompleted New SaleTHE WATERGARDENS AT CANBERRA Apartment 99 years Sep 5 678 1,020,000 - 1,504 Uncompleted New SaleTHE WATERGARDENS AT CANBERRA Apartment 99 years Sep 6 1,324 1,702,000 - 1,286 Uncompleted New SaleTHE WATERGARDENS AT CANBERRA Apartment 99 years Sep 6 753 1,144,000 - 1,518 Uncompleted New SaleTHE WATERGARDENS AT CANBERRA Apartment 99 years Sep 6 753 1,139,000 - 1,512 Uncompleted New SaleTHE WATERGARDENS AT CANBERRA Apartment 99 years Sep 7 678 1,024,000 - 1,510 Uncompleted New SaleTHE WATERGARDENS AT CANBERRA Apartment 99 years Sep 8 678 988,000 - 1,457 Uncompleted New SaleTHE WATERGARDENS AT CANBERRA Apartment 99 years Sep 8 678 1,021,000 - 1,506 Uncompleted New SaleTHE WATERGARDENS AT CANBERRA Apartment 99 years Sep 8 1,324 1,681,000 - 1,270 Uncompleted New SaleTHE WATERGARDENS AT CANBERRA Apartment 99 years Sep 11 1,302 1,903,000 - 1,461 Uncompleted New SaleTHE WATERGARDENS AT CANBERRA Apartment 99 years Sep 12 1,163 1,511,000 - 1,300 Uncompleted New SaleDistrict 28 ALANA Terrace 103 years Sep 7 2,756 2,360,000 - 856 2018 ResaleGRANDE VISTA Condominium 999 years Sep 6 2,024 1,920,000 - 949 1992 ResaleGRANDE VISTA Condominium 999 years Sep 13 1,367 1,580,000 - 1,156 1992 ResaleHIGH PARK RESIDENCES Apartment 99 years Sep 10 441 615,000 - 1,394 2019 ResaleLILAC PARK Terrace Freehold Sep 6 2,112 2,800,000 - 1,326 1990 ResaleLUSH ACRES EC 99 years Sep 10 1,055 1,130,000 - 1,071 2016 ResaleLUSH ACRES EC 99 years Sep 14 1,055 1,100,000 - 1,043 2016 ResaleLUXUS HILLS Semi-Detached 999 years Sep 6 2,248 4,360,000 - 1,940 2016 ResaleJALAN TARI ZAPIN Terrace 999 years Sep 13 2,494 4,000,000 - 1,604 - ResalePARC BOTANNIA Condominium 99 years Sep 10 1,410 1,950,000 - 1,383 Uncompleted Sub SalePARC GREENWICH EC 99 years Sep 11 980 1,154,000 - 1,178 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 980 1,158,000 - 1,182 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,129,000 - 1,179 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,101,000 - 1,149 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,124,000 - 1,173 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,139,000 - 1,189 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,134,000 - 1,184 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,119,000 - 1,168 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,201,000 - 1,200 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,249,000 - 1,248 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,292,000 - 1,291 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,248,000 - 1,247 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,206,000 - 1,205 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,244,000 - 1,243 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,277,000 - 1,276 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,234,000 - 1,233 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,266,000 - 1,265 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,300,000 - 1,220 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,310,000 - 1,229 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,320,000 - 1,239 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,281 1,389,000 - 1,084 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,355,000 - 1,272 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,345,000 - 1,262 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,282,000 - 1,203 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,287,000 - 1,208 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,316,000 - 1,235 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,295,000 - 1,215 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,464 1,744,000 - 1,191 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,464 1,806,000 - 1,234 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,464 1,788,000 - 1,221 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,464 1,778,000 - 1,215 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,464 1,846,000 - 1,261 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,464 1,865,000 - 1,274 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,464 1,774,000 - 1,212 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,464 1,762,000 - 1,204 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,464 1,856,000 - 1,268 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,464 1,769,000 - 1,208 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,464 1,746,000 - 1,193 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,679 1,937,000 - 1,154 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,464 1,837,000 - 1,255 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,464 1,818,000 - 1,242 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,479,000 - 1,227 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,523,000 - 1,263 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,457,000 - 1,209 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,378 1,550,000 - 1,125 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,508,000 - 1,251 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,450,000 - 1,203 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,492,000 - 1,238 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,530,000 - 1,269 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,516,000 - 1,257 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,498,000 - 1,243 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,330,000 - 1,103 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,484,000 - 1,231 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,477,000 - 1,225 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,496,000 - 1,241 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,536,000 - 1,274 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,437,000 - 1,192 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,389,000 - 1,152 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,371,000 - 1,137 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,364,000 - 1,131 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,558,000 - 1,292 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,378 1,570,000 - 1,140 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,505,000 - 1,248 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,365,000 - 1,281 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,310,000 - 1,229 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,262,000 - 1,184 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,249,000 - 1,172 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,320,000 - 1,239 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,305,000 - 1,225 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,281 1,441,000 - 1,125 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,275,000 - 1,196 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,326,000 - 1,244 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,217,000 - 1,142 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,222,000 - 1,147 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,315,000 - 1,234 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,370,000 - 1,286 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,475,000 - 1,223 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,527,000 - 1,267 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,541,000 - 1,278 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,502,000 - 1,246 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,428,000 - 1,185 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,451,000 - 1,204 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,510,000 - 1,253 Uncompleted New Sale

FROM PAGE EP13




(2021)LAND AREA/


PRICE ($)NETT PRICE

($ PSF)UNIT PRICE

($ PSF)COMPLETION


(2021)LAND AREA/


PRICE ($)NETT PRICE

($ PSF)UNIT PRICE

($ PSF)COMPLETION

DATE TYPE OF SALE

DONE DEALS

Source: URA Realis. Updated Sept 21, 2021.EC stands for executive condominium

DISCLAIMER:The Edge Property 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 therein.

PARC GREENWICH EC 99 years Sep 11 1,206 1,503,000 - 1,247 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,465,000 - 1,215 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,489,000 - 1,235 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,410 1,624,000 - 1,152 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,513,000 - 1,255 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,506,000 - 1,249 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,492,000 - 1,238 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,544,000 - 1,281 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,433,000 - 1,189 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,461,000 - 1,212 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,478,000 - 1,226 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,378 1,618,000 - 1,174 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,498,000 - 1,243 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,468,000 - 1,218 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,530,000 - 1,269 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 786 922,000 - 1,173 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 786 1,005,000 - 1,279 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 786 942,000 - 1,199 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 786 956,000 - 1,217 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 786 970,000 - 1,234 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 786 991,000 - 1,261 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 786 984,000 - 1,252 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 786 977,000 - 1,243 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 786 904,000 - 1,150 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 786 937,000 - 1,192 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 786 1,028,000 - 1,308 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 786 949,000 - 1,208 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 990 1,067,000 - 1,077 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 786 900,000 - 1,145 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,341,000 - 1,258 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,252,000 - 1,175 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,304,000 - 1,224 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,355,000 - 1,272 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,322,000 - 1,241 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,209,000 - 1,135 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,348,000 - 1,265 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,235,000 - 1,159 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,333,000 - 1,251 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,281 1,393,000 - 1,088 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,259,000 - 1,181 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,326,000 - 1,244 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,241,000 - 1,165 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,210,000 - 1,209 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,251,000 - 1,250 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,284,000 - 1,283 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,308,000 - 1,227 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,204,000 - 1,130 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,252,000 - 1,175 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,235,000 - 1,159 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,294,000 - 1,214 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,195,000 - 1,121 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,304,000 - 1,224 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,281 1,393,000 - 1,088 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,287,000 - 1,208 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,209,000 - 1,135 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,322,000 - 1,241 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,355,000 - 1,272 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,297,000 - 1,217 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,301,000 - 1,221 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,234,000 - 1,233 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,229,000 - 1,228 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,167,000 - 1,166 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,250,000 - 1,249 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,216 1,319,000 - 1,084 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,241,000 - 1,240 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,286,000 - 1,285 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,215,000 - 1,214 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,227,000 - 1,226 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,220,000 - 1,219 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,186,000 - 1,185 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,162,000 - 1,161 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,138,000 - 1,137 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,454,000 - 1,206 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,527,000 - 1,267 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,559,000 - 1,293 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,552,000 - 1,287 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,498,000 - 1,243 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,410 1,648,000 - 1,169 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,544,000 - 1,281 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,520,000 - 1,261 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,475,000 - 1,223 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,534,000 - 1,272 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,559,000 - 1,293 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,534,000 - 1,272 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,527,000 - 1,267 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,498,000 - 1,243 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,506,000 - 1,249 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,378 1,591,000 - 1,155 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,527,000 - 1,267 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,498,000 - 1,243 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,530,000 - 1,269 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,559,000 - 1,293 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,523,000 - 1,263 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,513,000 - 1,255 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,433,000 - 1,189 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,506,000 - 1,249 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,378 1,570,000 - 1,140 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,537,000 - 1,275 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,505,000 - 1,248 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,206 1,499,000 - 1,243 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,320,000 - 1,239 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,319,000 - 1,238 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,291,000 - 1,211 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,276,000 - 1,197 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,296,000 - 1,216 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,309,000 - 1,228 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,329,000 - 1,247 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,334,000 - 1,252 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,301,000 - 1,221 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,325,000 - 1,243 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,364,000 - 1,280 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,314,000 - 1,233 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,281 1,446,000 - 1,129 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,217,000 - 1,216 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,242,000 - 1,241 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,259,000 - 1,258 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,264,000 - 1,263 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,275,000 - 1,274 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,204,000 - 1,203 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,237,000 - 1,236 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,250,000 - 1,249 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,242,000 - 1,241 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,255,000 - 1,254 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,369,000 - 1,285 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,359,000 - 1,275 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,364,000 - 1,280 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,349,000 - 1,266 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,286,000 - 1,207 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,375,000 - 1,290 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,301,000 - 1,221 Uncompleted New Sale

PARC GREENWICH EC 99 years Sep 11 1,066 1,354,000 - 1,271 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,291,000 - 1,211 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,320,000 - 1,239 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,335,000 - 1,253 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,112,000 - 1,161 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,094,000 - 1,142 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,114,000 - 1,163 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,157,000 - 1,208 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,142,000 - 1,192 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,137,000 - 1,187 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,153,000 - 1,204 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,124,000 - 1,173 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,147,000 - 1,197 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,187,000 - 1,239 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,166,000 - 1,217 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,089,000 - 1,137 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,173 1,265,000 - 1,078 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,062,000 - 1,109 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,055,000 - 1,101 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,104,000 - 1,152 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,109,000 - 1,158 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,090,000 - 1,138 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,153,000 - 1,204 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,124,000 - 1,173 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,084,000 - 1,132 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,132,000 - 1,182 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,067,000 - 1,114 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,072,000 - 1,119 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,114,000 - 1,163 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 958 1,078,000 - 1,125 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,184,000 - 1,183 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,177,000 - 1,176 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,320,000 - 1,239 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,305,000 - 1,225 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,339,000 - 1,257 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,355,000 - 1,272 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,348,000 - 1,265 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,384,000 - 1,299 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,394,000 - 1,308 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,334,000 - 1,252 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,310,000 - 1,229 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,368,000 - 1,284 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,338,000 - 1,256 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,373,000 - 1,288 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,217,000 - 1,216 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,237,000 - 1,236 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,222,000 - 1,221 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,230,000 - 1,229 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,264,000 - 1,263 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,280,000 - 1,279 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,204,000 - 1,203 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,269,000 - 1,268 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,246,000 - 1,245 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,203,000 - 1,202 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,182,000 - 1,181 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,348,000 - 1,265 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,300,000 - 1,220 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,394,000 - 1,308 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,310,000 - 1,229 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,320,000 - 1,239 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,384,000 - 1,299 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,315,000 - 1,234 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,373,000 - 1,288 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,368,000 - 1,284 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,305,000 - 1,225 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,338,000 - 1,256 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,242,000 - 1,241 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,270,000 - 1,269 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,232,000 - 1,231 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,157,000 - 1,156 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,218,000 - 1,217 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,172,000 - 1,171 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,213,000 - 1,212 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,141 1,266,000 - 1,110 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,167,000 - 1,166 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,197,000 - 1,196 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,213,000 - 1,212 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,182,000 - 1,181 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,157,000 - 1,156 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,167,000 - 1,166 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,216 1,252,000 - 1,029 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,304,000 - 1,224 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,320,000 - 1,239 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,304,000 - 1,224 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,325,000 - 1,243 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,314,000 - 1,233 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,281 1,393,000 - 1,088 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,299,000 - 1,219 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,310,000 - 1,229 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,330,000 - 1,248 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,276,000 - 1,197 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,319,000 - 1,238 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,349,000 - 1,266 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,066 1,324,000 - 1,242 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,275,000 - 1,274 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,259,000 - 1,258 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,270,000 - 1,269 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,298,000 - 1,297 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,217,000 - 1,216 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,275,000 - 1,274 Uncompleted New SalePARC GREENWICH EC 99 years Sep 11 1,001 1,250,000 - 1,249 Uncompleted New SalePARC GREENWICH EC 99 years Sep 12 980 1,133,000 - 1,157 Uncompleted New SalePARC GREENWICH EC 99 years Sep 12 1,001 1,246,000 - 1,245 Uncompleted New SalePARC GREENWICH EC 99 years Sep 12 1,206 1,527,000 - 1,267 Uncompleted New SalePARC GREENWICH EC 99 years Sep 12 1,206 1,447,000 - 1,200 Uncompleted New SalePARC GREENWICH EC 99 years Sep 12 1,001 1,265,000 - 1,264 Uncompleted New SalePARC GREENWICH EC 99 years Sep 12 1,001 1,237,000 - 1,236 Uncompleted New SalePARC GREENWICH EC 99 years Sep 12 1,001 1,208,000 - 1,207 Uncompleted New SalePARC GREENWICH EC 99 years Sep 12 1,001 1,242,000 - 1,241 Uncompleted New SaleRIVERTREES RESIDENCES Apartment 99 years Sep 10 1,356 1,715,000 - 1,265 2017 ResaleSELETAR HILLS ESTATE Semi-Detached 999 years Sep 8 5,406 4,280,000 - 792 - ResaleSELETAR HILLS ESTATE Semi-Detached 999 years Sep 8 3,241 3,950,000 - 1,219 1995 ResaleSELETAR HILLS ESTATE Semi-Detached 999 years Sep 9 3,072 4,160,000 - 1,354 - ResaleSTRATTON GREEN Terrace Freehold Sep 10 2,528 3,580,000 - 1,416 2003 ResaleTHE TOPIARY EC 99 years Sep 6 1,055 1,170,000 - 1,109 2016 ResaleTHE TOPIARY EC 99 years Sep 9 1,044 1,080,000 - 1,034 2016 ResaleTHE TOPIARY EC 99 years Sep 10 1,636 1,735,000 - 1,060 2016 Resale



A two-storey penthouse at Casero @ Dunman was put up for sale at the property auction by ERA Re-alty Network on Sept 22.

The three-bedroom penthouse has a guide price of $2.3 million. The unit has a total floor area of 2,518 sq ft and the guide price translates to $913 psf on the floor area.

No bids were received at the auction, hence the property is still available for sale.

The lower floor of the apartment features a wet kitchen, dining room, living room with a connected balcony and an en suite bedroom. The upper floor features two bedrooms that share a common bathroom and each bed-room leads to a private balcony.

Casero @ Dunman is a freehold devel-opment at 489 Dunman Road in District 15. It was completed in 2008 and consists of a five-storey residential block with 15 units. There are one- and two-bedroom units that range from 646 sq ft to 1,572 sq ft, as well as four three-bedroom penthouse units that range between 2,518 sq ft and 2,539 sq ft.

Based on URA resale caveats, one of the

penthouse units was sold for $1.45 million ($571 psf) in December 2015, after the unit had been purchased from the developer for $1.39 million ($548 psf) in September 2007. Another 2,518 sq ft penthouse unit was bought from the developer for $1.4 million ($556 psf) in July 2011.

The property listing states that the pent-house unit for sale is leased until July 2022. URA rental caveats show that one of the penthouse units was leased for $4,000 ($1.60 psf) per month in July last year. Other rental transactions this year include a two-bedroom unit leased for $2,400 ($2.80 psf) per month and a one-bedroom unit that was leased for $2,000 ($3.10 psf) per month.

Alison Lee, assistant vice-president of auctions and sales at ERA Realty Network, says the owner put up the unit for sale ear-lier this year but found it difficult to find a buyer due to the restrictions under Phase Two (Heightened Alert).

It is still difficult to schedule on-site view-ings for interested buyers given the five-per-son visitor limit as well as the work-from-home arrangement of the existing tenant, says Lee.

Still, the duplex has attracted many in-

terested buyers over the past few weeks. “We have received more than 20 requests to schedule viewings of this unit,” she adds.

The unit would be suitable to owner-oc-cupiers, especially families with school-go-ing children, given the development’s prox-imity to popular schools in the area.

The condominium is close to Dakota MRT Station on the Circle Line and Paya Lebar MRT Interchange Station on the Circle and East-West Lines. It is also accessible to ma-jor roads and expressways like East Coast Parkway and Mountbatten Road.

Popular schools in the East Coast area include Chung Cheng High School (Main), Broadrick Secondary School, Tanjong Ka-

tong Girl’s School and Tanjong Katong Sec-ondary School.

“This property is in a prime District 15 location that is close to the central business district, and commercial hubs like Paya Leb-ar Central. It is also close to amenities in the Katong and Kallang areas,” says Lee.

She notes that the unit could also appeal to investors as it already has an existing tenancy.

“It is a relatively small development which enhances the overall privacy for res-idents, and this could be an important fac-tor for some buyers. Others may find that living in a smaller development with fewer neighbours surrounding is an attractive op-tion,” says Lee. E

Recent resale transactions at Casero @ DunmanContract date Size Price ($) Price ($ psf)

Aug 24, 2021 646 880,000 1,363

Oct 2, 2020 872 1,040,000 1,193

Jan 29, 2018 850 980,000 1,047

Aug 27, 2017 850 1,000,000 1,176

Dec 1, 2015 2,539 1,450,000 571

Jan 22, 2015 872 975,000 1,118

Duplex penthouse at Casero @ Dunman priced at $2.3 mil

SAMUEL ISAAC CHUA/THE EDGE SINGAPORE

Casero @ Dunman is a freehold boutique development on Dunman Road

UNDER THE HAMMER

The duplex penthouse at Casero @ Dunman has three bedrooms The view from the living room balcony of the penthouse The unit is leased until July 2022

URA, EDGEPROP SINGAPORE

ERAERAERA

Wee family puts portfolio of houses on Thiam Siew Avenue ...

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