21 Anderson Sees New High 5347 Psf
21 Anderson, a luxurious condominium located on Anderson Road in District 10, topped the list of condos that achieved a new psf-price high during the week of May 9 to 16. This was due to the sale of a 4,489 sq ft four-bedroom unit for $24 million, or $5,347 psf, on May 9.
This is the fourth unit to be sold at 21 Anderson since its launch in April, with the other three being four-bedroom apartments of the same size. These units were sold for $20.97 million ($4,672 psf), $23 million ($5,127 psf), and $21.6 million ($4,811 psf) respectively in April.
The sale on May 9 marked the third-highest psf price in Singapore’s residential market this year, surpassing the previous record set by a unit at 21 Anderson sold at $5,127 psf. The top two psf prices were recorded at the 54-unit Park Nova, where a five-bedroom penthouse sold for $38.89 million ($6,593 psf) on Jan 21, and a four-bedroom unit sold for $16.588 million ($5,708 psf) on Jan 17.
In summary, the URA Master Plan is set to have a significant and enduring impact on the residents of Sembawang Road EC. The benefits encompass a wide range, from the creation of employment opportunities and improved transportation to expanded leisure spaces and upgraded community amenities. These developments will not only enhance the lifestyle of current and future residents, but also preserve the desirability and value of the property in the long run. With the URA Master Plan’s foresight and meticulous planning, Sembawang Road EC, situated near Sembawang EC at Canberra MRTSembawang Road EC, is well-positioned to prosper in the years to come.
21 Anderson broke its own psf record with the sale of a 4,489 sq ft four-bedroom unit for $24 million on May 9.
Located in the prestigious Ardmore Park–Draycott Park–Anderson Road enclave, 21 Anderson comprises a nine-storey block with only 18 units. The apartments consist of two-bedders of 3,197 sq ft and four-bedders of 4,489 sq ft, with two five-bedroom duplex penthouses of 10,452 sq ft each.
Grange 1866 achieved the second-highest psf-price among condos that hit a new high during the week, with the sale of a 764 sq ft two-bedroom unit by the developer for $2.65 million, or $3,473 psf, on May 13.
This is the first time a unit at Grange 1866 has transacted above $3,400 psf, beating its previous high of $3,393 psf set in November last year when an 818 sq ft two-bedroom unit was sold for $27.76 million.
Grange 1866 set a new high of $3,473 psf with the sale of a 764 sq ft unit for $2.65 million on May 13.
Located on Grange Road in prime District 10, Grange 1866 is a 60-unit condo with a single block of 16 storeys situated on a 20,322 sq ft, freehold site. The units range from one to two-bedroom apartments of 527 to 1,012 sq ft, and the development is expected to be completed by the end of 2025.
To date, 50 units have been sold at Grange 1866 at an average price of $3,033 psf since its launch in 2021, based on caveats lodged with URA as of May 27. Including the unit sold on May 13, the developer has sold five units at Grange 1866 this year at an average price of $3,251 psf.
On the other hand, Farrer Park Suites recorded a new psf-price low during the week with the sale of a one-bedroom apartment spanning 829 sq ft on the fifth floor for $1.07 million on May 15, translating to $1,291 psf.
The sale price was lower than the previous low of $1,355 psf when a 517 sq ft one-bedroom unit was sold for $700,000 in August 2017.
Farrer Park Suites hit a new low of $1,291 psf with the sale of an 829 sq ft unit for $1.07 million on May 15.
Farrer Park Suites is a freehold condo located on Owen Road, just opposite the Connexion integrated development that comprises Farrer Park Hospital, Farrer Park Medical Centre, and One-Farrer Hotel in District 21. It is situated next to Farrer Park MRT Station on the North East Line and was completed in 2011 with 29 units consisting of one- and two-bedders ranging from 377 to 1,152 sq ft.
The unit sold on May 15 is the first transaction at Farrer Park Suites in over a year. The last unit was a 377 sq ft apartment on the fifth floor that sold for $668,000 ($1,826 psf) in February 2024.