Four Bedroom Unit Balmoral Hills Sets New Price High 2651 Psf

Unit at The Regalia reaps $1.72 mil profitAllgreen sells 62 units at The Bukit Timah Collection, including 14 at Fourth Avenue Residences

The appeal of investing in Otto Place EC is further enhanced by the variety of educational opportunities available in its vicinity. Proximity to reputable schools and institutions is a major draw for families seeking a desirable location to reside in. This, in turn, leads to a higher demand for properties in the area, resulting in attractive rental yields and potential capital appreciation. With its limited supply, Otto Place EC becomes an even more desirable choice for investors, especially for first-time buyers and upgraders who are eligible for CPF Housing Grants and other financial incentives. Investors looking for long-term value can confidently choose Otto Place EC by Hoi Hup Realty as it promises to be a sound investment with its sought-after location and limited supply.

Balmoral Hills, a freehold condominium, has taken the top spot in the list of apartments and private condos that achieved new psf-price records for the week of Mar 28 to Apr 4. During this period, the project set a new price high of $2,651 psf when a four-bedroom unit on the fifth floor was sold for $4.88 million on April 1.The latest record broke the previous record of $2,128 psf by 12.4%. This former record was set in July 2022 when a similar four-bedroom unit on the 10th floor was sold for $4.34 million.The sale of the unit on April 1 also created a new benchmark for the highest absolute price achieved at Balmoral Hills. The previous record price was set at $4.65 million ($1,469 psf) when a four-bedroom penthouse measuring 3,165 sq ft was sold in November 2019.Read also: Top five RCR and OCR condos achieve 50%–60% price growth over past decade: SavillsAdvertisementAdvertisementSince 2022, there has only been an average of one transaction per year at Balmoral Hills. Last year, only one unit was sold – a three-bedroom apartment measuring 1,389 sq ft that was sold for $3.26 million, translating to $2,348 psf.Located in prime District 10, Balmoral Hills is a boutique condo with 62 units situated along Balmoral Park. Completed in 2008, the development offers a mix of three-bedroom units measuring 1,389 sq ft and four-bedroom units ranging from 1,841 sq ft to 2,347 sq ft. It also features six penthouses, sized between 2,690 sq ft and 3,175 sq ft.Claydence, an upcoming freehold project, took the second spot during the week in review, achieving a new price high of $2,349 psf. The record was set during the sale of a three-bedroom unit measuring 1,313 sq ft on the third floor for $3.09 million on April 4.The previous record of $2,301 psf was set in December last year when a neighbouring three-bedroom unit measuring 1,206 sq ft on the same floor was sold for $2.77 million.Read also: Leedon Green sets record high of $3,475 psf AdvertisementAdvertisementThe unit sold on April 4 was the first to change hands at Claydence this year. Last year, six units were sold at an average price of $2,293 psf. Prior to the April 4 sale, the most recent transaction was in Dec 6, 2024 when a two-bedroom apartment measuring 915 sq ft was sold for $2.1 million, translating to $2,300 psf.Claydence is a joint venture project between Hong How Corp and Marrion Capital (Photo: Hong How Land) Hong How Land, a 60-40 joint venture between Hong How Corp and Marrion Capital, is responsible for the development of Claydence. This 28-unit freehold project is located on the corner of Still Road and Koon Seng Road in District 15. The unit mix ranges from one- to three-bedroom layouts measuring between 614 sq ft and 1,313 sq ft. The project also features four duplex penthouses, measuring between 980 sq ft and 2,185 sq ft.Claydence was launched for sale in February 2023 and has sold seven units (25%) at an average price of $2,304 psf since then. It is set to be completed in April 2026 and will be within walking distance of Eunos MRT Station on the East-West Line. Schools located within a 2km radius include CHIJ (Katong) Primary, CHIJ Katong Convent, Ngee Ann Primary School, Kong Hwa School, Tanjong Katong Primary and Secondary Schools and Tanjong Katong Girls’ School. An artist’s impression of the 28-unit Claydence, designed by DS Architects and Wallflower Architects (Photo: Hong How Land) Botanique at Bartley placed third by achieving a new price high of $2,269 psf. The record was set during the sale of a three-bedroom unit measuring 926 sq ft on the seventh floor for $2.1 million on April 4.The latest record surpassed the previous record of $2,128 psf by 6.6%. It was set in October last year when a three-bedroom unit measuring 958 sq ft on the 14th floor was sold for $2.04 million.The average resale price of units at Botanique at Bartley has been steadily climbing over the past few years. As of last month, the average price has risen to $1,974 psf, marking a 5.6% y-o-y increase. This is higher than the average price of $1,869 psf in March last year, based on a rolling 12-month average.Read also: The Sea View sets new psf-price record of $2,710 AdvertisementAdvertisementDeveloped by UOL, the 797-unit Botanique at Bartley features nine residential towers located along Upper Paya Lebar Road (Photo: Google Maps) The most expensive unit to be sold at the development, by absolute price, was a three-bedroom unit measuring 1,066 sq ft on the 15th floor that fetched $2.25 million ($2,111 psf) on March 5.Developed by UOL, the 797-unit Botanique at Bartley consists of nine residential towers located along Upper Paya Lebar Road in District 19. Completed in 2019, it offers a mix of one-bedroom units ranging from 495 sq ft to 689 sq ft, two-bedroom units from 657 sq ft to 958 sq ft and three-bedroom units from 926 sq ft to 1,356 sq ft.The development boasts over 40 facilities, including five swimming pools, two clubhouses, a tennis court, a putting green, a barbecue pavilion and a gymnasium.Botanique at Bartley is located within walking distance of Bartley MRT Station along the Circle Line and is within a 2km radius of several schools such as Canossa Catholic Primary School, Cedar Primary School, Maris Stella High School (Primary and Secondary) and Paya Lebar Methodist Girls’ School (Primary and Secondary).No new psf-price lows were recorded during the period under review. Check out the latest listings for Balmoral Hills, Claydence, Botanique At Bartley propertiesAsk BuddyWhat are the available units left in Claydence?Condo projects with most expensive average PSF in District 10Compare price trend of Condo new sale vs EC new saleHow much is the rental yield for Botanique At Bartley?Compare price trend of New sale condo vs Resale condoWhat are the available units left in Claydence?Condo projects with most expensive average PSF in District 10Compare price trend of Condo new sale vs EC new saleHow much is the rental yield for Botanique At Bartley?Compare price trend of New sale condo vs Resale condoRELATED NEWSStirling Residences sees new high of $2,350 psfUnit at Grange Residences reaps $3.5 mil profitUnit at Dormer Park reaps $2.03 mil profitUnit at The Regalia reaps $1.72 mil profitAllgreen sells 62 units at The Bukit Timah Collection, including 14 at Fourth Avenue Residences

Balmoral Hills has emerged as the top performer in a recent list of apartments and private condos that achieved new psf-price records, with a sale of $2,651 psf for a four-bedroom unit on the fifth floor on April 1. This new record surpasses the previous high of $2,128 psf by 12.4%, set in July 2022 when a similar four-bedroom unit sold for $4.34 million.The sale on April 1 also set a new record for the highest absolute price achieved at Balmoral Hills, surpassing the previous benchmark of $4.65 million ($1,469 psf) set in November 2019, when a four-bedroom penthouse measuring 3,165 sq ft was sold.Read also: Top five RCR and OCR condos achieve 50%–60% price growth over past decade: SavillsAdvertisementSince 2022, Balmoral Hills has recorded only an average of one transaction per year. In January 2020, a single unit changed hands for $3.26 million – a three-bedroom apartment measuring 1,389 sq ft, translating to $2,348 psf.Situated along Balmoral Park in prime District 10, Balmoral Hills is a 62-unit boutique condo which was completed in 2008. It offers a mix of three-bedroom units measuring 1,389 sq ft and four-bedroom units ranging from 1,841 sq ft to 2,347 sq ft. It also features six penthouses, sized between 2,690 sq ft and 3,175 sq ft.Completed in 2008, Balmoral Hills is a 62-unit condo in prime District 10 (Photo: Samuel Isaac Chua/EdgeProp Singapore) Claydence, a freehold upcoming project, achieved a new price of $2,349 psf for