Pullman Residences Newton, a remarkable freehold development located in prime District 11 along Dunearn Road, has claimed the top spot on our list. During the period from May 23 to June 2, an exceptional sale of a one-bedroom penthouse unit on May 29 catapulted Pullman Residences Newton to new psf-price highs. The developer sold the 463 sq ft apartment for a staggering $1.7 million or $3,671 psf, surpassing the previous record of $3,515 psf set on April 13 when a 667 sq ft unit was sold for $2.34 million. This achievement marks the first instance of a transaction at the condo surpassing the $3,600 psf threshold, making it an unprecedented breakthrough.
Pullman Residences Newton offers an exquisite living experience with its splendid 30-storey apartment block. Developed by EL Development, this exceptional project is a mere 150m away from the highly convenient Newton MRT Station. The residents of this magnificent condo will enjoy an array of outstanding hospitality services provided by Pullman Hotels & Resorts, including a highly attentive concierge service, a courteous doorman, and an ever-present attendant at the exclusive club lounge.
The development offers a diverse range of one- to four-bedroom units, providing ample options for discerning buyers. These units range from 463 sq ft to 1,389 sq ft, ensuring a perfect fit for every lifestyle and requirement. Since its launch in November 2019, Pullman Residences Newton has been met with immense popularity, with 296 units (87%) already sold, according to caveats lodged with URA as of June 13. The highly anticipated project is slated for completion later this year, raising the anticipation even further.
Meanwhile, Grange Residences, another illustrious development, has also secured a new psf-price high. Situated at the corner of Grange Road and Tanglin Road in District 10, this freehold gem was developed by the former Wheelock Properties, now known as Wharf Estates Singapore. Completed in 2004, Grange Residences comprises three residential blocks, each soaring 18 storeys high and offering 164 breathtaking units. The star of this development is undeniably the captivating four-bedroom unit, ranging from 2,486 sq ft to 2,852 sq ft.
On May 31, Grange Residences witnessed an extraordinary transaction as a magnificent four-bedder measuring 2,669 sq ft on the eighth floor changed hands for a jaw-dropping $8.88 million, translating to an impressive $3,327 psf. This sale followed the previous high of $3,321 psf on March 23 when a 2,583 sq ft unit fetched $8.58 million. Notably, this transaction also sets a new record of absolute quantum transacted at the condo, surpassing the previous milestone of $8.7 million ($3,050 psf) set in July 2021 for a 2,852 sq ft unit.
These exceptional developments continue to captivate buyers with their unrivalled luxury and unparalleled locations. With Pullman Residences Newton redefining standards and pushing boundaries and Grange Residences making a grand statement of sophistication and exclusivity, the Singapore property landscape is elevated to new heights of elegance and refinement.