CCR posts 17 luxury condo sales in Q1

The most expensive unit sold is the second-highest price per square foot transaction ever recorded.

In Q1 2025, there were 17 super luxury condos sold for over $10m in the Core Central Region (CCR), from 10 units in Q4 2024, according to Orangetee.

Of the sold units, six were new condos, whilst 11 were resale condos. The six new super luxury condo transactions were from One Bernam, 32 Gilstead and Park Nova.

Five of the units were sold to Singapore Citizens, eight were purchased by Singapore Permanent Residents, and four units by Non-Permanent Residents.

The most expensive transaction was a 5,899 square foot (sq ft) unit on the twentieth floor of Park Nova, which sold for $38.888m, or $6,593 per square foot (psf), in January 2025. 

This marks the second-highest price psf transaction ever recorded. The highest was The Marq on Paterson Hill, which sold for $6,650 psf in November 2011.