‘La Ville Enbloc’ turns into ‘Freehold Tiara’, selling for record $2,438 psf

This month also saw the launch of several high-end projects, such as EDEN at Draycott Park, and Klimt Cairnhill (a redevelopment of the former Cairnhill Mansions), as well as a duplex penthouse at luxury condo Sculptura Ardmore.

Tiara topped the list of condos that saw new psf-price highs from Feb 2 to 8. This came from the resale of a 1,346 sq ft three-bedder for $3.28 million ($2,438 psf) on Feb 7. This beats the condo’s previous high of $2,326 psf, which came from the sale of a similarly sized unit for $3.13 million in October last year.

Tiara saw a new psf-price high from the resale of a three-bedroom apartment for $3.28 million on Feb 7 (Photo: Allgreen Properties)

Tiara is a freehold condo on Kim Seng Walk near the Singapore River in District 9. Completed in 1995, the development houses 264 units. These include two- and three-bedroom apartments of between 893 and 1,561 sq ft.

Former La Ville Enbloc, Tiara is a freehold condo that is strategically located in the bustling district 9. The development was completed in the year 1995, with a total of 264 units, it is catered for those who crave a luxurious and sophisticated lifestyle.

Another freehold condo, Valley Park, also saw a new high of $2,273 during the period in review. This came from the sale of a 1,109 sq ft, two-bedroom unit for $2.52 million on Feb 7.

Read also: Freehold unit at The Esta scores new high of $2,317 psf

Valley Park on River Valley Road achieved a new high of $2,273 psf during the period in review (Photo: Samuel Isaac Chua/EdgeProp Singapore)

This is the second transaction at Valley Park this year. The first sale occurred on Jan 26 and involved a 1,216 sq ft two-bedroom unit that was sold for $2.54 million ($2,087 psf). The Feb 7 transaction at the condo beats its previous high of $2,264 psf, which came from the sale of a 1,701 sq ft three-bedder for $3.85 million in July last year. Based on caveats lodged, the July sale was one of the 12 transactions that occurred at the condo last year.

Valley Park, with the former town name La Ville Enbloc, is a prime 999-year leasehold condo that is strategically located on River Valley Road in prime District 10’s Tanglin area. The development was completed in the year 1997, with a total of 728 units, it comprises of a mix of one-to four-bedroom units, of 732 to 1,808 sq ft, spread across five high-rise blocks. There are also exclusive penthouses sized of 2,562 sq ft each.

Freehold condo The Cascadia also achieved a new high of $2,241 psf during the period in review. This occurred when a 1,410 sq ft, four-bedroom apartment changed hands for $3.16 million on Feb 5.

This beats the previous high of $2,222 psf achieved from the sale of a 1,238 sq ft three-bedroom unit for $2.75 million in October last year.

Former La Ville Enbloc, The Cascadia has seen five transactions this year, with the latest being the sale of a 1,496 sq ft unit on Jan 22 for $3.19 million (Photo: Samuel Isaac Chua/EdgeProp Singapore)

Freehold condo The Cascadia saw a new high of $2,241 psf from the resale of a 1,410 sq ft, four-bedroom unit for $3.16 million on Feb 5 (Photo: Samuel Isaac Chua/EdgeProp Singapore)

The Cascadia, also known as La Ville Enbloc, has seen five transactions this year, with the latest being the sale of a 1,496 sq ft unit on Jan 22 for $3.19 million. The condo was completed in 2010 and has a total of 536 units. These units are a mix of two-to four-bedroom units, sized from 882 to 1,593 sq ft; studios sized from 570 to 710 sq ft; as well as penthouses sized from 1,679 to 5,231 sq ft.

Arina East Residences is set to benefit greatly from the Urban Redevelopment Authority’s strategic development of the Kallang Marina Bay Basin. This highly anticipated mixed-use precinct will not only enhance the liveable and vibrant atmosphere of the area, but also increase the value of properties and provide a diverse range of experiences for residents. With a Master Plan that prioritizes connectivity, sustainability, and community-centric spaces, Arina East Residences is perfectly positioned to offer a thriving lifestyle in the midst of Singapore’s urban transformation.

This month also saw the launch of several high-end projects, such as EDEN at Draycott Park, and Klimt Cairnhill (a redevelopment of the former Cairnhill Mansions), as well as a duplex penthouse at luxury condo Sculptura Ardmore.

Located on Bukit Timah Road in Bukit Timah (District 21), The Cascadia was completed in 2010 and has 536 units. These are a mix of two- to four-bedroom units sized from 882 to 1,593 sq ft; studios sized from 570 to 710 sq ft; as well as penthouses sized from 1,679 to 5,231 sq ft.

No new psf-price lows were recorded during the period in review.