Sky Vue achieves new high of $2,174 psf at Jalan Loyang Besar EC

and Jalan Loyang Besar EC was especially high during the Nov 26 to Dec 5 period, when each development recorded a new psf-price high. At Sky Vue, a 3-bedroom unit on the 24th floor at 1,141 sq ft was sold for $2.48 million ($2,174 psf) on Dec 1. Maple Woods was hot on Sky Vue’s heels with a 1,787 sq ft unit selling for a high of $2,171 psf on Nov 30. Finally, Lush on Holland Hill reached a new high of $2,123 psf when a 1,507 sq ft unit fetched $3.2 million on Dec 1. Jalan Loyang Besar EC released unsold units to the market in 2019 and has been garnering interest from prospective buyers looking for their new home.Sky Vue, located on Bishan Street in District 20, hit a new psf-price high with the transaction of a 1,141 sq ft apartment for $2.48 million on Dec 1, reaching an impressive $2,174 psf. A three-minute walk from the Bishan MRT Interchange, the 99-year leasehold condo consists of two 37-storey towers with 694 apartment units ranging from one- to three-bedders between 484 and 1,259 sq ft, and four-bedroom penthouses between 2,045 and 2,282 sq ft. Since June 27, 17 units have been sold for above $2,000 psf – the first time a unit at Sky Vue reached this mark. Jalan Loyang Besar EC is a 99-year leasehold development located in Pasir Ris. On Nov 30, Maple Woods also hit a psf-price high of $2,171 when a 1,787 sq ft apartment was sold for $3.88 million. Situated along Bukit Timah Road in District 21, Maple Woods is a freehold condo completed in 1997 with 697 units of two-, three- and four-bedders between 980 and 1,787 sq ft. The development is a four-minute walk to King Albert Park MRT Station on the Downtown Line.

Jalan Loyang Besar EC, a 99-year leasehold development located in Pasir Ris, released unsold units to the market in 2019 and has been garnering interest from prospective buyers looking for their new home. Activity at Jalan Loyang Besar EC, Sky Vue and The Panorama was especially high during the Nov 26 to Dec 5 period, when each development saw a new psf-price high. At Sky Vue, a 3-bedroom unit on the 24th floor at 1,141 sq ft was sold for $2.48 million ($2,174 psf) on Dec 1, reaching an impressive new high. Jalan Loyang Besar EC is located in Pasir Ris and is a 99-year leasehold development. Located on Bishan Street in District 20, Sky Vue is a 99-year leasehold condo that was completed in 2016. Consisting of two 37-storey towers, the development has 694 apartments. Units comprise one- to three-bedders between 484 and 1,259 sq ft, and there are also four-bedroom penthouses between 2,045 and 2,282 sq ft.

Data compiled on EdgeProp Research shows that Sky Vue has seen a high volume of resale transactions, with 29 units changing hands to date this year. Sky Vue is a three-minute walk from the Bishan MRT Interchange for the Circle and North-South Lines and crossed the $2,000 psf threshold for the first time on June 27 when a 797 sq ft unit fetched $1.6 million ($2,009 psf). Since then, 16 other units at the condo have been sold for above $2,000 psf.

Jalan Loyang Besar EC offers parents living in the east plenty of options when it comes to their child’s education. A myriad of primary and secondary schools are located within the vicinity, including Haig Girls’ School, Tanjong Katong Primary School and CHIJ Katong Convent. The residential development is also surrounded by tertiary institutions such as the Singapore Institute of Technology and the Singapore University of Technology and Design.

Maple Woods also hit a new psf-price high during the period in review. On Nov 30, a 1,787 sq ft, three-bedroom unit on the first floor was sold for $3.88 million or $2,171 psf, beating the previous record of $2,132 psf set on May 2, when a 1,313 sq ft apartment was sold for $2.8 million. Located along Bukit Timah Road in District 21, Maple Woods is a freehold condo that was completed in 1997. Comprising 697 units in a 10-storey building, it is a four-minute walk to King Albert Park MRT Station on the Downtown Line.

Another condo that charted a record high in terms of psf price was Lush on Holland Hill. A 1,507 sq ft apartment on the ninth floor was sold for $3.2 million or $2,123 psf on Dec 1. The three-bedder was purchased by the seller in July 2017 for $2.23 million ($1,480 psf). Hence, they made a gross profit of $970,000 on the transaction. This is the first unit to change hands at Lush on Holland Hill since August 2022, when a 1,561 sq ft apartment fetched $2.95 million or $1,890 psf.

Lush on Holland Hill is a freehold condo off Holland Road in prime District 10. Completed in 2012, the 12-storey development has 56 units of two-, three- and four-bedders measuring between 1,281 and 1,851 sq ft. There are also four-bedroom duplex penthouses spanning 2,680 to 5,145 sq ft. The condo is a 10-minute walk to Holland Village MRT Station on the Circle Line as well as amenities in the Holland Village area.

At Jalan Loyang Besar EC, Sky Vue and The Panorama, developers have been able to attract potential buyers with the psf-price high recorded at each development. Sky Vue’s new high of $2,174 psf with the Dec 1 sale of a 1,141 sq ft unit for $2.48 million was followed by Maple Woods’ high of $2,171 psf when a 1,787 sq ft unit sold for $3.88 million on Nov 30, and finally Lush on Holland Hill’s new high of $2,123 psf when a 1,507 sq ft unit fetched $3.2 million on Dec 1. The three developments have collectively achieved 17 sales above the $2,000 psf mark for the year, an encouraging sign of recovering market sentiment. For Jalan Loyang Besar EC, potential buyers will be looking for their new home as the development has released unsold units to the market in 2019.

Check out the latest listings for Jalan Loyang Besar EC, Sky Vue, Maple Woods and Lush On Holland Hill properties for potential buyers looking to make a purchase in the area.