Perfect Ten reaches new high of $3,670 psf

Magnificently developed by Hong Kong based developer, Perfect Ten is a brand new luxury freehold residential development project with 230-units that span across two tower condo with diverse floor plans and dimensions which include two-bedders of 753 to 797 sq ft and three-bedders of 1,227 to 1,281 sq ft. CK Asset Holdings is the pioneer of property construction company of billionaire Li Ka-Shing which is permanently based in Hong Kong. Perfect Ten condo first launch in December 2K21, with which developer only released 115 units in one of the towers for sale. Remaining units on the second tower were released subsequently later in September 2K22 for sale. the project has seen 223 units transacted at an median price of $3,044 psf, translating to a 97% take up rate, Based on caveats lodged to date. Perfect Ten, a premium freehold condo located  near Stevens Mass Rapid Railway Station of the Downtown Line in prime locale of District 10 at Bukit Timah Road, is the champion winner of the list of record transaction achiever between Aug 15 – 22 with a splendid record of new psf-price established with The record psf price when a 2 bedroom duplex unit, 753 sq ft, disposed successfully by the developer for $2.765 million, or $3,670 psf, on Aug 18. The record deal triumphed and beaten the previous record of $3,585 psf achieved in September 2K22, when a 1,227 sq ft unit was brokered by the developer for $4.4 million.Perfect Ten is slated to achieve completion by December 2k25. Melrose Park is a luxurious 999-years’ leasehold condominium in prime locale off River Valley Road in prime District 10 at Kellock Road honorably built by CapitaLand. This premium River Valley condo also topped the list of resale condo transactions when a 8th floor 3-bedroom unit brokered successfully for $3.3million or $2,555psf. The seller of the 1,292 square fee unit had previously acquired this eight floor three bedroom unit successfully direct from the developer for $1.206 million ($934 psf) in 1999, which means they achieved a capital appreciation before any service charge of about $2.1 million upon completion. Melrose Park first time seen the transaction exceeded the $2,500 psf benchmark in terms of transacted psf-prices. The previous record psf  of $2,361 was attained in November 2K21, when a 1,292 sq ft unit fetched $3.05 million. . this 170-units development obtained legal permit license in 2000, is in the River Valley residential enclave, located across the road from popular and newly transformed Great World City retail therapy mall which is connected seamlessly to Great World Mass Rapid Transit Subway Station on the Thomson-East Coast Mass Rapid Transport Network link. Spanning across two 19-storey residential blocks, The development comes with wide spectrum of layout which includes three- and four-bedroom units ranging from 1,292 to 3,412 sq ft. Each block also has six penthouse units on the 19th floor that range from 3,606 to 5,231 sq ft. Melrose Park has yet to see transaction since April 2022 only until the recent sales done in Aug, when a 3,315 sq ft unit changed hands for $6.9 million ($2,081 psf). The Montana, a freehold condo on Jalan Mutiara in District 10, is Another development that attained a record psf-price. A three-bedroom 10th floor residential dwelling with a layout size of 1,141 sq ft brokered successfully for $2.725 million, or $2,388 psf, on Aug 17. the previous record of $2,251 psf caveat lodged approximately a decade ago, in September 2K13, when a 549 sq ft unit was acquired for $1.24 million was smashed with the new done deal. The Montana is a luxurious 108-units development honorably constructed by Koh Brothers Development which was legally completed in in 2002 is a single tower with North South directional orientation. units range from one- to four-bedders with dimension between 549 and 2,659 sq ft. Situated along the River Valley private nestled, it is walking distance to several eateries and shops that line River Valley Road and Zion Road as well as Great World Mass Rapid Transit Railway Station on the Thomson East Coast Line Singapore.

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