Ultra-luxury Cuscaden Reserve sees new price high of $3,830 psf

These two sales are the only 2 developer sales at the project until now this year.

Grange 1866 is a shop, 60-unit condominium on Grange Road in prime District 10. The plan is a redevelopment of the previous iLiv@Grange. The brand-new project is anticipated to be completed by the end of 2026. The project comprises a single 16-storey household block on a 20,322 sq ft, freehold site. The unit mix features one-bedders and two-bedders that range from 527 to 1,012 sq ft.

The 192-unit project is situated in among one of the most distinctive suburbs in Singapore. It is beside an additional ultra-luxury plan, the 54-unit Park Nova on Tomlinson Road, while the 154-unit Blvd 88 can be spotted on neighboring Orchard Boulevard. Finalized projects in the local area feature The Regent Hotel Singapore, St Regis Hotel Singapore and also St Regis Residences.

Cuscaden Reserve is an ultra-luxury venture on 8 Cuscaden Road in top District 10. It has a 99-year leasehold tenancy. The structure is by Singapore developer SC Global Advancements and also 2 Hong Kong-listed real estate firms, New World Development as well as Far East Consortium. The 28-storey property makes up a mix of one- to four-bedroom units that differ from 700 to 2,099 sq ft.

Around the week of June 20 to 24, the revenue of a 1,163 sq ft, three-bedroom apartment at the upcoming Cuscaden Reserve has actually prepared a brand-new psf-price high in the ultra-luxury apartment. The record-setting unit gets on the 26th level and was offered by the developer for $4.45 million ($3,830 psf) on June 24.

This is slightly higher than the past log which had actually been established by the sale of a 936 sq ft, two-bedroom unit that is additionally on the 26th level. This unit was marketed by the builder for $3.58 million ($3,826 psf) on Sept 23, 2021.

Blossoms Condo floor plan

Based on URA caveats, just 10 warnings have been lodged at Cuscaden Reserve to date.

The week likewise saw an additional high-end property attain a brand-new psf rate high. An 829 sq ft, two-bedroom unit at Grange 1866 was sold by the developer for $2.61 million ($3,145 psf) on June 23. This leaps over the previous record which had been arranged by a 764 sq ft, two-bedroom unit. That unit brought $2.3 million ($3,007 psf) on May 29.

Cuscaden Reserve started its initial personal sneaks in 3Q2019, and the initial deals were videotaped in September 2019. According to URA cautions, three units were offered that month. A 700 sq ft, one-bedroom unit on the seventh level was sold for $2.33 million ($3,327 psf) on Sept 13, while two neighbouring 926 sq ft, three-bedders on the fifth ground were each yielded $3.23 million ($3,489 psf) on Sept 14.

The development was initially launched for sale in April 2021, and also according to URA warnings, two units were marketed that month. They were a 527 sq ft, one-bedroom unit that was cost $1.45 million ($2,743 psf) on April 15, and also a 764 sq ft two-bedder that was negotiated for $2.06 million ($2,692 psf) on April 17.

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