As 32 Gilstead continues to make waves in Singapore’s real estate market, it has achieved a new psf-price peak of $3,588, surpassing the previous high of $3,579 psf. This development, located in the coveted District 11, consists of 14 exclusive four-bedroom units housed within a five-storey block. Its strategic positioning and luxurious offerings have made it a focal point for prospective buyers in an increasingly competitive market.
The sales performance of 32 Gilstead has been notable since its launch in April last year. Among the sold units, ten have successfully transacted, reflecting a robust average price of $3,476 psf. This indicates a strong demand for high-end residential properties in the area, particularly as buyers seek homes that combine luxury with convenience.
One of the standout transactions occurred on May 21, when a substantial 4,209 sq ft unit was sold for an impressive $15.1 million. This sale not only highlights the desirability of the units but also underscores the potential for significant investment returns in the luxury segment of Singapore’s real estate market.
The allure of 32 Gilstead is further enhanced by its proximity to Newton MRT Station, which offers seamless connectivity to various parts of the city. This accessibility is a critical factor for many buyers, as it simplifies commuting and enhances the overall living experience.
Additionally, the development is situated in a well-established neighborhood known for its amenities and vibrant lifestyle, making it an attractive choice for families and professionals alike.
The exclusivity of the 14 units adds to the project’s appeal. With a limited number of residences, potential buyers are drawn to the prospect of owning a unique and prestigious property in a prime location. The design and layout of the four-bedroom units cater to modern living standards, appealing to those who prioritize spaciousness and comfort in their homes.
As the real estate landscape in Singapore evolves, 32 Gilstead stands as a testament to the enduring demand for premium properties. The new psf-price peak reflects not only the quality of the development but also the strength of the luxury real estate market in Singapore.
With completion slated for 2027, the anticipation surrounding 32 Gilstead continues to grow, as buyers speculate on the potential for further value appreciation.
NEW CONDO LAUNCH: ALANA
Alana is an exciting new condominium launch that promises luxury living in a prime location.
With diverse unit types and sizes, Alana caters to varying lifestyles and preferences, making it an attractive option for potential homeowners.
The Alana Project Information highlights its modern design and exclusive features, aimed at capitalizing on the strong demand for high-end properties in sought-after districts.
Interested buyers can explore the Alana Floor Plan and Alana Project Details to find their ideal home.
View Alana Cluster House Showflat & Get VVIP Discount. Register or contact 6100 8822 to book showflat appointment.
News Source: Edgeprop
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