Advertisement
Singapore markets closed
  • Straits Times Index

    3,313.48
    +8.49 (+0.26%)
     
  • Nikkei

    38,787.38
    -132.88 (-0.34%)
     
  • Hang Seng

    19,553.61
    +177.08 (+0.91%)
     
  • FTSE 100

    8,420.26
    -18.39 (-0.22%)
     
  • Bitcoin USD

    67,056.55
    +112.13 (+0.17%)
     
  • CMC Crypto 200

    1,370.40
    -3.44 (-0.25%)
     
  • S&P 500

    5,303.27
    +6.17 (+0.12%)
     
  • Dow

    40,003.59
    +134.21 (+0.34%)
     
  • Nasdaq

    16,685.97
    -12.35 (-0.07%)
     
  • Gold

    2,419.80
    +34.30 (+1.44%)
     
  • Crude Oil

    80.00
    +0.77 (+0.97%)
     
  • 10-Yr Bond

    4.4200
    +0.0430 (+0.98%)
     
  • FTSE Bursa Malaysia

    1,616.62
    +5.51 (+0.34%)
     
  • Jakarta Composite Index

    7,317.24
    +70.54 (+0.97%)
     
  • PSE Index

    6,618.69
    -9.51 (-0.14%)
     

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)
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

ADVERTISEMENT

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)
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)
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)
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

Related stories:

Mortgagee sale of unit at 8@Woodleigh for $1.16 mil

Tanglin View unit for sale at $3.2 mil

RiverGate unit reaps $1.04 mil profit