Freehold Condo Claydence Hits New Peak 2351 Psf

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The inclusion of a well-established MRT system isn’t the only transportation advantage that Sembawang Road EC boasts. The area is also well-connected by an extensive network of public buses, providing residents with various convenient options for traveling. With bus services running along Sembawang Road and Yishun Avenue 7, residents have easy access to major areas like Yishun, Woodlands, Ang Mo Kio, and Bishan. Moreover, direct bus services to the CBD and other regional centers cater to those who prefer alternative modes of transportation or need to commute to areas not directly served by the MRT. As a result, residents can enjoy a high level of mobility and convenience, further enhancing the livability of the neighborhood.

The transaction of a two-bedroom unit at Claydence has made headlines as it topped the list of condos that achieved a new psf-price high between April 28 and May 2. The 786 sq ft unit on the second floor was sold for a whopping $1.85 million, resulting in a new price peak of $2,351 psf at the freehold project.

This sale narrowly surpassed the previous record of $2,349 psf set earlier this year when a three-bedroom unit on the third floor was sold for approximately $3.09 million in April. Not only did this transaction set a new record in terms of psf price, but it also became the most expensive unit to change hands at the development.

Known as a 28-unit freehold condo, Claydence is developed by Hong How Land, a 60-40 joint venture between Hong How Corp and Marrion Capital. The development offers a range of one to three-bedroom apartments with sizes ranging from 614 sq ft to 1,313 sq ft. It also boasts four duplex penthouses, with sizes ranging from 980 sq ft to 2,185 sq ft. Those who are interested in finding out more about new launches can simply search for the latest listings.

With a scheduled completion date of April 2026, Claydence is located at the intersection of Still Road and Koon Seng Road in District 15. The nearest train station to the property is Eunos MRT Station along the East-West Line, which is only about 800m away. The condo is also situated in close proximity to several reputable schools such as CHIJ (Katong) Primary, CHIJ Katong Convent, Ngee Ann Primary School, Kong Hwa School, Tanjong Katong Primary and Secondary Schools, and Tanjong Katong Girls’ School.

Another condo that has made it to the list of psf-price highs is Viz at Holland, with the sale of a two-bedroom unit on the sixth floor for $1.81 million on May 2. With a size of 861 sq ft, this sale set a new price peak of $2,150 psf at the freehold condo, surpassing the previous high of $2,048 psf set in January.

In addition, another resale transaction was recorded on May 2, where a three-bedroom unit on the fourth floor was sold for $2.42 million, or $1,922 psf. This unit became the most expensive unit sold at Vis at Holland in terms of absolute price so far this year, while also being the most affordable in terms of psf price.

Based on property sales data, the average price of resale units transacted at Viz at Holland this year is $2,025 psf across three transactions. This represents a 15.7% increase over last year’s recorded average of $1,750 psf across seven transactions.

Completed in 2008, The Centris is a 12-storey condo located at Jurong West Central 3, where a three-bedroom unit on the 14th floor was sold for $1.83 million on May 2. This sale set a new price high of $1,713 psf, surpassing the previous record set last year. The condo recorded 13 resale transactions in 2023 at an average price of $1,489 psf, which marks an 11.2% year-on-year increase from the previous year.

The Centris is a 610-unit condo that is seamlessly integrated with Jurong Point shopping centre, Boon Lay Bus Interchange and Boon Lay MRT Station, providing easy access to the East-West Line and the upcoming Jurong Region Line. It is the only private condominium in an area predominantly composed of HDB flats.

The condo offers shared facilities such as a 50m pool, jacuzzi, fitness stations, multi-purpose court, amphitheatre, putting green, playground and barbecue pavilions. No new psf-price lows were recorded during the period under review. To find out more about properties at Claydence, one can simply ask Buddy and compare prices trends for new sale condos and resale condos.