Ultra-luxury Cuscaden Reserve sees new price high of $3,830 psf
Cuscaden Reserve is an ultra-luxury venture on 8 Cuscaden Road in top District 10. It has a 99-year leasehold term. The property is by Singapore builder SC Worldwide Advancements as well as 2 Hong Kong-listed real estate firms, New World Development and Far East Consortium. The 28-storey development consists of a mix of one- to four-bedroom units that range from 700 to 2,099 sq ft.
The growth was at first released available in April 2021, as well as according to URA cautions, 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 also a 764 sq ft two-bedder that was worked out a deal for $2.06 million ($2,692 psf) on April 17.
The 192-unit property is located in among the most distinctive residential areas in Singapore. It is beside one more ultra-luxury project, the 54-unit Park Nova on Tomlinson Road, while the 154-unit Boulevard 88 can be located on neighboring Orchard Blvd. Completed projects in the location include The Regent Hotel Singapore, St Regis Hotel Singapore and also St Regis Residences.
These two purchases are the only 2 developer sales at the undertaking thus far this year.
Grange 1866 is a shop, 60-unit condominium on Grange Road in prime District 10. The plan is a redevelopment of the former iLiv@Grange. The new property is anticipated to be finalized by the end of 2026. The venture makes up a single 16-storey property block on a 20,322 sq ft, estate area. The unit mix includes one-bedders as well as two-bedders that extend from 527 to 1,012 sq ft.
Based on URA caveats, only 10 caveats have actually been lodged at Cuscaden Reserve to day.
The week additionally saw one more high-end property attain a new psf fee high. An 829 sq ft, two-bedroom unit at Grange 1866 was offered by the builder for $2.61 million ($3,145 psf) on June 23. This leaps over the previous log which had actually been set up by a 764 sq ft, two-bedroom unit. That unit fetched $2.3 million ($3,007 psf) on May 29.
This is slightly greater than the former record which had been established by the sale of a 936 sq ft, two-bedroom unit that is additionally on the 26th level. This unit was offered by the builder for $3.58 million ($3,826 psf) on Sept 23, 2021.
Cuscaden Reserve released its first confidential previews in 3Q2019, as well as the initial deals were taped in September 2019. According to URA cautions, 3 units were marketed that month. A 700 sq ft, one-bedroom unit on the seventh ground was sold for $2.33 million ($3,327 psf) on Sept 13, while two neighbouring 926 sq ft, three-bedders on the 5th level were each sold for $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 residence at the upcoming Cuscaden Reserve has prepared a brand-new psf-price high in the ultra-luxury residence. The record-setting unit is on the 26th floor and was marketed by the builder for $4.45 million ($3,830 psf) on June 24.
