Ultra-luxury Cuscaden Reserve sees New Price High of $3,830 psf

Cuscaden Reserve introduced its very first private sneak peeks in 3Q2019, as well as the very first purchases were recorded in September 2019. According to URA caveats, 3 devices were marketed that month. A 700 sq ft, one-bedroom device on the 7th floor was cost $2.33 million ($ 3,327 psf) on Sept 13, while 2 neighbouring 926 sq ft, three-bedders on the 5th floor were each cost $3.23 million ($ 3,489 psf) on Sept 14.

Grange 1866 has actually regulated somewhat higher costs compared to a few of the surrounding apartments. The full price contrast checklist can be discovered of EdgeProp.sg

There were no task lows videotaped in between June 20 and 24.

Over the 15 months because the launch, sales at Grange 1866 have actually been reasonably soft. Based upon submitted designer sales information, the task has a cumulative take-up price of 16%. According to URA cautions, there have been 10 sales up until now.

Reserve Residences

These 2 purchases are the only 2 designer sales at the project thus far this year.
The task consists of a solitary 16-storey residential block on a 20,322 sq feet, estate site. The device mix consists of one-bedders and also two-bedders that vary from 527 to 1,012 sq ft.

Cuscaden Reserve is an ultra-luxury project on 8 Cuscaden Road in prime District 10. The development is by Singapore programmer SC Global Developments as well as two Hong Kong-listed actual estate companies, New World Development and Far East Consortium. The 28-storey development comprises a mix of one- to four-bedroom devices that vary from 700 to 2,099 sq ft.

Grange 1866 still regulates a somewhat higher average rate contrasted to many of the surrounding freehold growths such as Paterson Residence, The Paterson, and Paterson Suites which have ordinary selling costs of $2,446 psf, $2,513 psf and $2,709 psf, respectively.

An 829 sq ft, two-bedroom system at Grange 1866 was offered by the developer for $2.61 million ($ 3,145 psf) on June 23. That device brought $2.3 million ($ 3,007 psf) on May 29.

The 192-unit development is advancement in one of the most exclusive residential areas in Singapore.

The development was initially launched at first sale in April 2021, and according to URA caveats, two units 2 devices that offered. They were a 527 sq feet, one-bedroom device that was offered for $1.45 million ($ 2,743 psf) on April 15, as well as a 764 sq ft two-bedder that was transacted for $2.06 million ($ 2,692 psf) on April 17.

A 700 sq ft, one-bedroom unit on the seventh floor was sold for $2.33 million ($ 3,327 psf) on Sept 13, while two neighbouring 926 sq ft, three-bedders on the fifth flooring were each sold for $3.23 million ($ 3,489 psf) on Sept 14.

An 829 sq feet, two-bedroom system at Grange 1866 was marketed by the designer for $2.61 million ($ 3,145 psf) on June 23. That unit brought $2.3 million ($ 3,007 psf) on May 29.

The task has an ordinary market price of concerning $3,076 psf. This is reduced contrasted to one of the most just recently completed development in the location, Gramercy Park, which was completed in 2016 and has an average rate of $3,289 psf. However, Grange 1866 still regulates a slightly greater average cost compared to a lot of the surrounding estate growths such as Paterson Residence, The Paterson, and also Paterson Suites which have ordinary market price of $2,446 psf, $2,513 psf and $2,709 psf, respectively.

They were a 527 sq ft, one-bedroom device that was sold for $1.45 million ($ 2,743 psf) on April 15, and a 764 sq feet two-bedder that was negotiated for $2.06 million ($ 2,692 psf) on April 17.

Based on URA cautions, just 10 cautions have been lodged at Cuscaden Reserve to day.

Over the week of June 20 to 24, the sale of a 1,163 sq ft, three-bedroom home at the upcoming Cuscaden Reserve has established a brand-new psf-price high in the ultra-luxury condo. The record-setting unit is on the 26th flooring and also was marketed by the designer for $4.45 million ($ 3,830 psf) on June 24.
This is a little higher than the previous document which had actually been established by the sale of a 936 sq ft, two-bedroom device that is additionally on the 26th floor. This unit was marketed by the designer for $3.58 million ($ 3,826 psf) on Sept 23, 2021.

Cuscaden Reserve is in one of the most prime domestic areas, and it appreciates closeness to facilities and also benefits.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published.