Ultra-luxury Cuscaden Reserve sees new price high of $3,830 psf
This is a little more than the former log which had been set by the sale of a 936 sq ft, two-bedroom unit that is likewise on the 26th level. This unit was marketed by the builder for $3.58 million ($3,826 psf) on Sept 23, 2021.
These two purchases are the only two developer sales at the undertaking thus far this annum.
Grange 1866 is a boutique, 60-unit condominium on Grange Road in prime Area 10. The project is a redevelopment of the former iLiv@Grange. The new venture is anticipated to be finalized by the end of 2026. The property makes up a solitary 16-storey household block on a 20,322 sq ft, freehold location. The unit mix features one-bedders and two-bedders that range from 527 to 1,012 sq ft.
The growth was originally introduced for sale in April 2021, as well as according to URA caveats, two units were marketed that month. They were a 527 sq ft, one-bedroom unit that was sold for $1.45 million ($2,743 psf) on April 15, and a 764 sq ft two-bedder that was worked out for $2.06 million ($2,692 psf) on April 17.
Based on URA warnings, just 10 signs have been lodged at Cuscaden Reserve to day.
The week likewise saw another luxury development accomplish a brand-new psf price high. An 829 sq ft, two-bedroom unit at Grange 1866 was marketed by the developer for $2.61 million ($3,145 psf) on June 23. This leaps over the previous log which had actually been arranged by a 764 sq ft, two-bedroom unit. That unit brought $2.3 million ($3,007 psf) on May 29.
Cuscaden Reserve is an ultra-luxury project on 8 Cuscaden Road in top District 10. It has a 99-year leasehold tenure. The development is by Singapore maker SC Worldwide Growths as well as 2 Hong Kong-listed estate firms, New World Development and also Far East Consortium. The 28-storey development comprises a mix of one- to four-bedroom units that differ from 700 to 2,099 sq ft.
Cuscaden Reserve started its first personal sneak peeks in 3Q2019, and the very first transactions were recorded in September 2019. According to URA warnings, 3 units were sold that month. A 700 sq ft, one-bedroom unit on the seventh floor was sold for $2.33 million ($3,327 psf) on Sept 13, while two adjoining 926 sq ft, three-bedders on the 5th floor were each cost $3.23 million ($3,489 psf) on Sept 14.
Over the week of June 20 to 24, the sale of a 1,163 sq ft, three-bedroom condo at the upcoming Cuscaden Reserve has set a brand-new psf-price high in the ultra-luxury condominium. The record-setting unit gets on the 26th floor as well as was sold by the builder for $4.45 million ($3,830 psf) on June 24.
The 192-unit project is nestled in among one of the most premium houses in Singapore. It is beside an additional ultra-luxury project, the 54-unit Park Nova on Tomlinson Road, while the 154-unit Boulevard 88 can be discovered on close-by Orchard Blvd. Finalized projects in the area include The Regent Hotel Singapore, St Regis Hotel Singapore as well as St Regis Residences.
