One-bedroom unit at Pullman Residences hits all-time high of $3,496 psf

A 463 sq ft, one-bedroom unit on the 29th floor of Pullman Residences Newton in prime District 11 was sold for $1.62 million ($3,496 psf) on 3 April. This marks a new record high psf price for the development.

The previous record high psf price for the condominium was set by a 667 sq ft, two-bedroom unit on the 30th floor, which fetched $2.33 million ($3,491 psf) on 3 December 2021. On 29 September 2022, a 1,378 sq ft, four-bedroom apartment in the project was sold for $4.25 million ($3,083 psf).

Pullman Residences Newton is a 340-unit freehold development by EL Development, situated just a three-minute walk from Newton and Novena MRT stations. Located along Dunearn Road, the project offers a mix of one- to four-bedroom units ranging from 463 sq ft to 1,389 sq ft.

The project was launched in June 2018, with 12 units sold by 10 November 2019. According to developer data, the project is currently 78.5% sold.

The second highest psf price achieved this week was for a 1,496 sq ft, four-bedroom unit on the sixth floor of Leedon Green. It changed hands for $5.19 million ($3,467 psf) on 31 March. The previous record was set on 17 February 2023, when another 1,496 sq ft, four-bedroom unit was sold for $5.07 million ($3,387 psf).

Leedon Green is a freehold condominium jointly developed by MCL Land and Yanlord Land Group. Located at Leedon Heights in prime District 10, the development comprises 638 units. It is close to Farrer Road and Holland Village MRT stations on the Circle Line. Nearby schools include St Margaret's Secondary School and Nanyang Primary School.

Leedon Green features one- to four-bedroom units ranging from 474 to 1,496 sq ft. The most expensive unit sold in the development to date is a four-bedroom unit that went for $6.54 million ($2,441 psf) on 6 April 2020.

On the other hand, the transaction that set a new record low psf price for a development this week was a 1,851 sq ft, four-bedroom unit at The Gazania. It was sold for $2.97 million ($1,603 psf) on 3 April, marking an all-time low price for the project.

The Gazania is located along How Sun Drive in the Serangoon area. It is a 250-unit freehold condominium in District 19 developed by SingHaiyi and completed in 2022. It is served by nearby Circle Line MRT stations such as Bartley and Serangoon.

The development offers a unit mix of one- to four-bedroom units ranging from 441 sq ft to 1,970 sq ft. The most expensive unit sold in the development fetched $3.78 million ($2,041 psf), which was for a 1,851 sq ft, four-bedroom unit on the fifth floor. The project moved 23 units (15%) during its launch weekend in May 2019.