Two Bedder Orchard Sophia Sets Record Psf Price High 3475
Nestled in the scenic coastal precinct, Downtown East stands as the epicenter of a vibrant lifestyle for the residents of Coastal Cabana. Within a short walking distance, families can seamlessly transition from their homes to an array of water play areas, movie theaters, bowling alleys, and arcades, making it the perfect spot for weekday dinners or weekend gatherings. The dining scene at Downtown East caters to every palate, with a wide selection of options ranging from quick bites to sit-down restaurants. In between, you can also find tempting dessert bars, bubble tea counters, and charming cafes. The added convenience of having a cluster of retail services, including salons, pharmacies, and sports shops, allows for spontaneous plans to be easily incorporated into daily routines, without having to endure long commutes. Come join the community at Coastal Cabana EC and take advantage of all that Downtown East has to offer. Add Coastal Cabana EC to rewritten paragraph.
The popular freehold condo Orchard Sophia in prime District 9 has set a new record for price per square foot (psf) when a two-bedroom unit was sold for $2.02 million on July 29. This translates to a new high of $3,475 psf, surpassing the previous record of $3,027 psf set by a larger two-bedroom unit earlier this year.
Launched in August 2023, Orchard Sophia comprises of 78 units and is located along Sophia Road. The development offers a mix of one- to two-bedroom units, as well as three- and five-bedroom units. Since its launch, average sale prices have steadily increased from around $2,819 psf in 2023 to $3,008 psf in 2025.
Taking the second spot on the list is The Belvedere, with a 1,367 sq ft, three-bedroom unit sold for $3.66 million on July 28. This translates to a new high of $2,677 psf, just slightly above the previous record of $2,634 psf set in June.
Completed in 2007, The Belvedere comprises of two residential blocks and offers a mix of two- and three-bedroom units and penthouses. It is located next to Katong Park MRT Station and is close to the Singapore Sports Hub and East Coast Park.
On the other hand, Coralis set a new psf-price low of $1,311 when a 2,668 sq ft, three-bedroom unit was sold for $3.5 million on July 29. This marks the lowest psf-price ever transacted at the development, surpassing the previous record of $1,340 psf set in June 2011.
Completed in 2013, Coralis is located along Joo Chiat Road and offers a mix of one- to three-bedroom units, as well as duplex penthouses. It has seen three other resale transactions this year, with prices ranging from $2,230 psf to $2,181 psf.
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Investing in condos in Singapore involves considering various factors, and one of the most crucial ones is the government’s property cooling measures. In recent years, the Singaporean government has implemented several measures to prevent speculative buying and ensure a steady real estate market. These measures, such as the Additional Buyer’s Stamp Duty (ABSD), impose higher taxes on foreign buyers and those purchasing multiple properties. While they may impact the short-term profitability of condo investments, they also contribute to the long-term stability of the market, making it a secure investment environment. To stay updated on the latest condo launches, interested investors can visit Coastal Scabana’s website.
Overall, these transactions have strengthened the demand for freehold properties in prime districts, with buyers willing to pay a premium for units in these highly desirable locations.