Ardmore Park unit sold for record project price $3,688 psf

[Watchman]

Ardmore Park unit sold for record project price
Wed, Feb 24, 2010
The Straits Times

By Jessica Cheam

PRIME property prices may still be a far cry from the record levels reached during the 2007 property boom, but one Orchard Road project recently achieved a new record price.

The Straits Times understands that a 2,885 sq ft apartment at Ardmore Park was sold last week for $10.64 million, or $3,688 per sq ft (psf) - a record for the project.


The previous record for the 330-unit freehold project was $10.1 million, or $3,501 psf for a unit, achieved in October 2007, according to caveats lodged.

The home with the record-breaking price is on a high floor in a premium tower with an unblocked panoramic view, said property agent Daphne Tay of Sotheby's International Realty, who part-brokered the deal.

 

[baukiki]

Is it true ? I thought home prices have cool down quite abit. Foreign buyer or local?




Baukiki

Sell property at Singapore Classifieds

 

[Brightkid]

Is it true ? I thought home prices have cool down quite abit. Foreign buyer or local?




Baukiki

Sell property at Singapore Classifieds

Name me some properties that has cooled down ? What were their transacted price before and after cooling down ?

 

[Watchman]

So low? Properties in china big cities are going at 10k rmb per sq ft!!

Still got so many people buying in cash some more!

Their newspaper are pepping up the news just like us .

There are exceptions .

 

[makapaaa]

It only shows that the rich are getting richer and the poor poorer. And the PAPee Traitors are happy to see this, so that the poor Sporn Goondus can be enslaved forever.