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New record high of $3,267 psf set at Hill House during Nov 10 to 21 period
Boutique development Hill House has emerged as the top condo that reached new price-per-square-foot (psf) highs during November 10 to 21 period. The newest record high of $3,267 psf was set by a 452 sq ft, two-bedroom unit on the fifth floor, which was sold for $1.48 million on November 11 by the developer.
This new high is just 0.1% higher than the previous record of $3,263 psf that was set in November 2023. This was achieved through the sale of a 624 sq ft, two-bedroom unit on the ninth floor for $2.04 million.
Hill House, which is currently being developed, has seen 11 transactions this year with an average price of $3,098 psf. This is slightly lower than last year’s average price of $3,127 psf based on five transactions at the development.
For information on the latest new launches and transaction prices, visit New Launches.
Hill House is a 999-year leasehold condo situated on Institution Hill, just off River Valley Road in prime District 9. It was launched in 2022 and boasts 72 units, with 40 being one-bedroom and one-bedroom plus study units ranging from 431 sq ft to 452 sq ft. Another 24 units are two-bedroom units sized at 624 sq ft, and the remaining eight units are three-bedroom apartments of 753 sq ft.
Data from URA caveats shows that 29 units (40%) at Hill House have been sold, with an average price of $3,060 psf since the condo was launched in November 2022. Construction is ongoing and the project is scheduled for completion in 3Q2026.
The Continuum, a freehold condo, took second place on the list of condos with new psf-price highs during the November 10 to 21 period, setting a new high at $3,084 psf. This was achieved through the sale of a 721 sq ft, two-bedroom unit on the 17th floor for $2.22 million on November 16.
This new record is only 0.4% higher than the previous high of $3,071 psf set at The Continuum. This was achieved through the sale of a 721 sq ft, two-bedroom unit on the 16th floor for $2.22 million and set just a day before on November 15.
The Continuum is a freehold condo on Thiam Siew Avenue, off Haig Road and Tanjong Katong Road in District 15. It was launched in April last year and comprises 816 units across six residential towers on two plots of land, which will be connected by a private pedestrian overhead bridge. The condo features one- to five-bedroom apartments, with sizes ranging from 560 sq ft to 2,260 sq ft.
Data from caveats lodged show that of the 816 units, 489 units (59.8%) at The Continuum have already been sold at an average price of $2,779 psf since it was launched in May 2023. It is also currently under development and is scheduled for completion in 2026.
K Suites had previously set a new high of $2,443 psf
Meanwhile, freehold boutique development Lavender Residence set a new low during the November 10 to 21 period when a 990 sq ft, one-bedroom + studio unit on the second floor was sold for $1.61 million or $1,626 psf on November 17. The previous psf-price low was set at $1,710 psf when a 1,335 sq ft, four-bedroom unit on the sixth floor was sold for $2.28 million in June 2023.
Lavender Residence has now been entirely sold at an average price of $1,984 psf. This 17-unit development sits at the junction of Lavender Street and Kempas Road in Boon Keng, District 12. It features a trio of two-storey conservation shophouses built in the 1940s art-deco style. It offers a mix of studios, dual-key variants and three-bedroom units, ranging from 463 sq ft to 1,550 sq ft. It is within walking distance of Bendemeer MRT Station on the Downtown Line.
To explore sale transactions for Hill House, visit Buddy.
Compare the price trend of Condo new sales and EC new sales
Explore condo sale transactions in District 9
Find out which condo projects in District 12 offers the most profitable transactions
See which condo projects had the most expensive average prices per square foot in District 12
To explore sale transactions for Hill House, visit Buddy.
Compare the price trend of Condo new sales and EC new sales
Investing in a condominium in Singapore holds numerous advantages, one of which is the potential for capital appreciation. This is largely due to Singapore’s advantageous location as a global business hub and its robust economic foundation that continually drives demand for real estate. As a result, property prices in Singapore have consistently shown an upward trend, with condos in prime locations experiencing significant appreciation. Those who enter the market at an opportune time and hold onto their properties for the long term can reap immense benefits in terms of capital gains. For more information on Singapore’s current property projects, please visit Singapore Projects.
Explore condo sale transactions in District 9
Find out which condo projects in District 12 offers the most profitable transactions
See which condo projects had the most expensive average prices per square foot in District 12.