What are the most expensive and most affordable properties in 2018

 

A 7,836-sq ft unit at New Futura sold for $36.3 million or $4,630 psf in May 2018, topping the list of the highest psf for freehold transactions this year. (Source: City Development)

By Fiona Ho

Discover the most expensive and the most affordable property transactions of the year 2018

As 2018 draws to an end, let’s take a look at the most expensive and the most affordable property deals of the year.

In this article, we will focus on transactions involving non-landed private residential properties in Singapore on a psf basis.

Highest psf for freehold transactions in 2018:

  • New Futura: A 7,836 sq ft unit sold for S$36.3 million (US$26.5 million)  or $4,630 psf in May
  • Le Nouvel Ardmore: A 3,907sq ft unit sold for $16.8 million ($4,300 psf) in May
  • Le Nouvel Ardmore: A 3,821 sq ft unit sold for $15.7 million ($4,098 psf) in January

 

Highest psf for leasehold transactions in 2018:

The 181-unit Wallich Residence sits atop the 38-storey Guoco Tower at Tanjong Pagar Centre. On a psf basis, transactions at the luxury condo took the top 3 spots for the highest psf for leasehold transactions in 2018. (Source: GuocoLand)

 

Lowest psf for freehold transactions in 2018:

The sale of a 2,831 sq ft unit at The Petals for $1.68 million ($593 psf) in April was one of the lowest transacted psf for freehold condos in 2018. (Credit: Samuel Isaac Chua/The Edge Singapore)

 

Lowest psf for leasehold transactions in 2018:

The lowest transacted psf for leasehold condos this year was at Clementiwoods condominium, where a 3,197 sq ft unit sold for $1.65 million or $516 psf in April. (Source: Listings on EdgeProp.sg)
  • Clementiwoods Condominium: A 3,197 sq ft unit sold for $1.65 million ($516 psf) in April
  • The Floravale: A 2,282 sq ft unit was sold for $1.19 million ($521 psf) in May
  • Kew Green: A 3,369 sq ft unit was sold for $1.78 million ($527 psf) in January

*This story is contributed by EdgeProp.sg

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