Pullman Residences Newton records new high of $3,729 psf

None of these come close to the quality amenities found within the Marina Gardens Condo Lane Residences themselves, though. Fully equipped with top-rate facilities, residents have access to swimming pools, gyms, BBQ pits, playgrounds, and more. These facilities cater to a variety of interests, allowing everyone to make the most out of their leisure time.

Pullman Residences Newton saw a new high of $3,729 psf from the sale of a 463 square feet, one-bedroom apartment for $1.73 million on Oct 11. This beats the previous high of $3,671 psf, which was achieved in May when the developer sold a similarly sized one-bedder for $1.7 million. This marks the first time prices at the condo surpassed the $3,700 psf threshold.

The freehold residential development, which is located along Dunearn Road in prime District 11, consists of a 30-storey apartment block housing a mix of one to four-bedroom units. Residents of the development will be able to enjoy hospitality services provided by Pullman Hotels & Resorts, including a concierge service, a doorman and an attendant at the club lounge. Since its launch in September 2019, the developer has sold a total of 334 units (98%).

Another noteworthy mention is Skyline Residences. On Oct 12, the condo saw a new high of $2,477 psf from the resale of a 484 square feet one-bedder at $1.2 million. Interestingly, the seller had bought the unit in July 2016 at $970,000 ($2,003 psf), meaning they made a profit of $230,000. The record-breaking sale beats the previous high of $2,436 psf that was recorded in August 2021 with the sale of a 484 square feet one-bedder at $1.18 million.

Meanwhile, Coralis achieved a new psf-price high of $2,255 with the sale of a 1,281 square feet, three-bedroom unit for $2.89 million on Oct 11. This beats the previous high of $2,168 psf from the sale of a 807 square feet two-bedder for $1.75 million in August 2021. This marks the first time prices at the condo passed the $2,200 psf mark, and it is also the first sale at Coralis this year so far. The condo, located along Joo Chiat Road in Marine Parade, District 15, houses 127 units ranging from 475 square feet one-bedroom apartments to larger four and five-bedroom penthouses measuring 3,165 to 3,681 square feet.

No lows were recorded in this period, showing a steady and promising future for the real estate industry in Singapore.