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Botanic Lloyd Reaches New Price Peak 2460 Psf

Posted on January 24, 2025

The cityscape of Singapore is renowned for its magnificent skyline adorned with towering skyscrapers and cutting-edge infrastructure. The sought-after Singapore Condos, strategically located in prime areas, offer an enticing blend of luxury and convenience that attracts both locals and foreigners alike. These residential properties boast top-of-the-line features including lavish swimming pools, state-of-the-art fitness centers, and top-notch security services, elevating the standard of living and making them a highly desirable choice for potential occupants and buyers. Real estate investors can also reap considerable benefits from these upscale amenities, as they result in higher rental returns and a significant increase in property value over time. With Singapore Condo added to the mix, these residences become an even more attractive investment opportunity.

Freehold condo The Botanic on Lloyd has set a new benchmark for private non-landed developments after achieving the highest psf-price between Jan 3 and Jan 11. The new record of $2,493 psf was made possible by the sale of a 2,056 sq ft four-bedroom unit on the second floor for $5.13 million.The latest psf-price peak has surpassed the previous record of $2,339 psf by 6.6%, which was established in October last year when a 1,496 sq ft three-bedroom unit on the fourth floor was sold for $3.5 million.The Botanic on Lloyd is a freehold condo comprising 66 units located along Lloyd Road off Oxley Road in prime District 9. Built in 2006, the development consists of a mix of three- and four-bedroom apartments sized between 1,485 sq ft and 3,584 sq ft. It also features six townhouses that range from 4,058 sq ft to 4,446 sq ft, offering five bedrooms and two private parking lots each.Another freehold development, The Cape, also made headlines during the period in review with a new record of $2,284 psf. The previous record of $2,265 psf was set by a two-bedroom unit that was sold by the developer for $3.49 million in November 2012. The latest record was set by a three-bedroom unit on the 15th floor that was sold for $3 million. The Cape is a boutique project located along Amber Road comprising 76 units, ranging from one- to three-bedrooms between 570 sq ft and 1,539 sq ft.Besides The Botanic on Lloyd and The Cape, upcoming condo Tembusu Grand also saw a new price floor being set at $2,174 psf. The previous record low of $2,193 psf was set just two months earlier in November 2024, when a three-bedroom unit on the 20th floor was similarly sold for $3.07 million. Tembusu Grand is a 99-year leasehold project located in prime District 15. It has recorded a high take-up rate of 91.5%, with 584 units sold at an average price of $2,444 psf.View listings for The Botanic On LloydCheck out condo listings in District 9Compare prices of Condo new sale vs EC new saleFind out more about upcoming new launch projectsFind out more about becoming a member of Ask BuddyzDemand for private non-landed homes in District 9 has been on the rise, with many developments hitting all-time highs in terms of psf-price. The Botanic on Lloyd, The Cape, and Tembusu Grand are just some of the latest developments to make headlines with their record-breaking prices. With strong demand and limited supplies of freehold properties in prime locations, we can expect to see more new price highs being set in the near future.

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