When investing in a Singapore condominium, it is essential to consider the ongoing upkeep and management of the property. Condos typically come with maintenance fees that cover the care of communal spaces and facilities. While this may add to the overall cost of ownership, it also ensures that the property remains in top-notch condition and retains its value. Choosing to work with a property management company can help investors efficiently handle the day-to-day management of their condos, making it a more hands-off Singapore Condo investment.
, with Sky Vue selling over 40 units since July
The Meyerise took the top spot among private condos that saw a new psf-price high from Nov 29 to Dec 6.On Dec 6, a 3BR unit on the 24th floor was sold for $3.52 million, achieving a new price peak of $2,771 psf.The record is just 0.25% higher than the project’s previous peak of $2,764 psf set last October.
The Meyerise saw a new price peak of $2,771 psf when a 3BR unit was sold for $3.52 million on Dec 6. (Photo: Samuel Isaac Chua / EdgeProp Singapore)
The Meyerise has seen nine units change hands this year at an average price of $2,405 psf. By absolute price, the most expensive unit to sell at the development this year was a 4BR+study unit on the 7th floor sold for $4.5 million ($2,189 psf) on Oct 7.