Record Price High 2697 Psf Set Stirling Residences
New Record Set for Psf Price at Stirling Residences
Coastal Cabana, located along Jalan Loyang Besar in District 18, offers its residents the perfect blend of coastal tranquility and urban convenience. Developed by Qingjian Realty, this executive development is strategically situated in a lively area surrounded by malls, grocers, cafés, hawker centers, and family-friendly attractions. With Downtown East just steps away and Pasir Ris Park a stone’s throw away, residents can easily access the best of both worlds – a bustling leisure hub and serene greenery. At Coastal Cabana, modern living is made effortless with all the necessary amenities just a stone’s throw away. Visit Coastal Cabana’s official website for more information.
A new record was set at the Stirling Residences, with the sale of a two-bedroom unit at $1.83 million with a psf price of $2,697. This is the highest psf price for a 99-year leasehold condominium. This sale also topped the list of condos for setting new psf-price highs from September 12 to 23, with no new psf-price lows.The previous record for psf price at Stirling Residences was also set for a 678 sq ft two-bedroom unit on the 39th floor, which sold for $1.82 million ($2,681 psf) on July 28. The most expensive unit sold at Stirling Residences to date is a 1,346 sq ft four-bedroom unit on the 22nd floor, which transacted for $3.55 million ($2,638 psf) last December.A two-bedroom unit at Stirling Residences was sold for $1.83 million ($2,697 psf) on Sept 18. (Picture: Samuel Isaac Chua/)Stirling Residences is a 1,259-unit development located on Stirling Road in District 3. The project was jointly developed by Chinese developer Nanshan Group and Hong Kong-listed property developer Logan Holdings, and was completed in 2022. The project previewed on June 30 and July 1, 2018. However, the preview period was cut short by a late-night announcement from the government on July 5 of new property cooling measures that would take effect the next day.Read also: ANALYSIS: Are current asking prices unrealistic?AdvertisementAdvertisementThat night, Stirling Residences sold close to 200 units at an average selling price of $1,800 psf. Another project that launched that night was the 805-unit Park Colonial in District 13, which moved more than 300 units overnight at an average price of $1,700 psf.Despite the unexpected cooling measures, Stirling Residences continued to see steady sales progress over the next few months, eventually fully selling out in June 2022. According to EdgeProp Singapore, the average price at Stirling Residences today is approximately $2,380 psf.Meanwhile, a new record for psf price at the freehold Angullia Park Residences @ Orchard was also set when a two-bedroom unit on the fourth floor was sold at $2.5 million ($2,670 psf) on Sept 12. The previous record was for a three-bedroom unit on the 13th floor that was sold for $2.65 million ($2,647 psf) in March 2022.The sale of a two-bedder at Angullia Park Residences @ Orchard set a record psf-price high of $2,670 psf at the freehold condo. (Picture: Samuel Isaac Chua/)There have been three resale transactions at Angullia Park Residences @ Orchard so far this year. The other two transactions were for a two-bedroom unit on the third floor that fetched $2.45 million ($2,616 psf) when it was sold on Aug 29, and another two-bedroom unit on the seventh floor that changed hands for $2.15 million ($2,296 psf) on Aug 5.Angullia Park Residences @ Orchard is a 46-unit luxury condo located on Cuscaden Walk in prime District 10. Completed in 2010, it comprises of a 19-storey tower with a mix of two- and three-bedroom units spanning 936 sq ft to 1,603 sq ft, as well as three penthouses spanning 1,905 sq ft to 1,948 sq ft.Based on a compilation of resale caveats by EdgeProp Singapore, prices at Angullia Park Residences @ Orchard have increased from about $2,060 psf in September 2017 to $2,350 psf in September 2020. The current average price is about $2,530 psf.Read also: Two-bedder at RiverGate sets new high of $2,816 psfAdvertisementThe second runner up on the list of projects that set a new psf-price high this week was Parc Esta, where a four-bedroom unit on the 11th floor transacted for $3.16 million ($2,575 psf) on Sept 12, setting a new psf-price high at the 99-year leasehold condo. The previous record was set by a three-bedroom unit on the 13th floor that was sold for $2.85 million ($2,547 psf) in December.The sale of a four-bedroom unit at Parc Esta broke the price and psf-price records. (Picture: Samuel Isaac Chua/)In terms of absolute price, the unit sold on Sept 12 was also the most expensive resale unit at Parc Esta to date, surpassing the $3 million price tag of a five-bedroom unit on the 13th floor that was sold in December 2022.Parc Esta is a 1,399-unit condo located on Sims Avenue in District 14, and was completed in 2022. It is close to Eunos MRT Station on the East-West Line. The development comprises nine 18-storey residential towers, with a mix of one- to five-bedroom units spanning 420 sq ft to 1,475 sq ft.The project was launched in November 2018, and 235 units (16%) were sold in the first month of sales. The project was fully sold by April 2022. According to caveats, the average price at the condo is about $2,270 psf. Check out the latest listings for Stirling Residences propertiesAsk BuddyWhat is the buyer profile for Stirling Residences?Price trend chart for Stirling ResidencesShow me the site plan and diagrammatic chart for Stirling ResidencesView sale transactions for Stirling ResidencesCompare price trend of HDB vs Condo vs Landed
New Record for Psf Price at Stirling Residences
A new psf price record was set at Stirling Residences when a two-bedroom unit on the 25th floor was sold for $1.83 million with a psf price of $2,697 on Sept 18. This transaction also topped the list of condos that set new psf price highs from Sept 12 to 23, with no new psf price lows during that period.The previous psf price record at Stirling Residences was also set for a 678 sq ft two-bedroom unit, but on the 39th floor. That unit was sold for $1.82 million ($2,681 psf) on July 28. In terms of absolute price, the most expensive unit sold at Stirling Residences to date is a 1,346 sq ft four-bedroom unit on the 22nd floor, which transacted for $3.55 million ($2,638 psf) last December.A two-bedroom unit at Stirling Residences fetched $1.83 million ($2,697 psf) when it was sold on Sept 18. (Picture: Samuel Isaac Chua/)Stirling Residences is a 1,259-unit development located on Stirling Road in District 3. Completed in 2022, it was jointly developed by Chinese developer Nanshan Group and Hong Kong-listed property developer Logan Holdings. The project previewed over the June 30-July 1 weekend back in 2018. However, the preview period was cut short after a late-night surprise announcement by the government of new property cooling measures on July 5, which would take effect the following day.Read also: ANALYSIS: Are current asking prices unrealistic?AdvertisementThroughout the night of July 5, Stirling Residences sold close to 200 units at an average selling price of $1,800 psf. Another project that rushed to launch that night was the 805-unit Park Colonial in District 13, which moved more than 300 units overnight at an average price of $1,700 psf.Despite the unexpected new property cooling measures, Stirling Residences saw steady sales progress over the next few months. The project was eventually fully sold in June 2022. A compilation of caveats by EdgeProp Singapore indicates that the average price at Stirling Residences today is about $2,380 psf.Meanwhile, a new psf price record was also set at the freehold Angullia Park Residences @ Orchard when a two-bedroom unit on the fourth floor was transacted for $2.5 million ($2,670 psf) on Sept 12. The previous record psf price was for a 1,001 sq ft three-bedroom unit on the 13th floor, which changed hands for $2.65 million ($2,647 psf) in March 2022.The sale of a two-bedder at Angullia Park Residences @ Orchard set a record psf price of $2,670 psf at the freehold condo. (Picture: Samuel Isaac Chua/)There have been three resale transactions at Angullia Park Residences @ Orchard so far this year. The other two transactions were for a two-bedroom unit on the third floor that fetched $2.45 million ($2,616 psf) when it was sold on Aug 29, and another two-bedroom unit on the seventh floor that changed hands for $2.15 million ($2,296 psf) on Aug 5.Angullia Park Residences @ Orchard is a 46-unit luxury condo located on Cuscaden Walk in prime District 10. Completed in 2010, it comprises a