Unit at Skyline 360 @ St Thomas Walk sold at a high of $2,674 psf
Unit at Skyline 360 @ St Thomas Walk sold at a high of $2,674 psf
March 24, 2023
A new psf-price high was set at Skyline 360 @ St Thomas Walk, a freehold condo off River Valley Road, with the sale of a 2,131 sq ft, four-bedroom unit on the 21st floor for $5.7 million, or $2,674 psf, on March 6. This transaction tops the list of record psf-price highs during the week of March 3 to 10. The week did not see any new record psf-price lows.
Skyline 360 @ St Thomas Walk is a luxury condo in prime District 9. The 61-unit development was completed in 2012. It features large-sized units such as three- and four-bedroom units that range from 1,733 to 2,131 sq ft. There are also six 5-bedroom units of 3,929 to 4,015 sq ft. Each occupies an entire floor from the 30th to 35th levels. Crowning the top is a 6,523 sq ft duplex penthouse.
The condo is in a prime residential area close to the Orchard Road shopping belt and River Valley area. Shopping centres close to the condo include Great World City, 111 Somerset and Ngee Ann City.
In addition, Skyline 360 @ St Thomas Walk is well served by major roads such as River Valley Road, Leonie Hill Road, Grange Road and Orchard Road. Nearby MRT stations include Great World on the Thomson-East Coast Line and Somerset on the North-South Line.
The latest transaction at Skyline 360 @ St Thomas Walk is the second resale so far this year. On Feb 17, a 3,929 sq ft unit on the 31st floor was sold for $10.2 million ($2,596 psf). This unit spans the entire 31st floor.
Last year, only one unit changed hands at the condo. This was a 1,733 sq ft unit on the 10th floor that fetched $3.95 million ($2,279 psf) on Jan 28, 2022.
The mix of large-sized units at Skyline 360 @ St Thomas Walk, coupled with its location in a prime central neighbourhood, means that the condo commands relatively high prices compared to neighbouring projects. According to URA caveats tabulated by EdgeProp Singapore, Skyline 360 @ St Thomas Walk commands an average price of about $2,635 psf.
More at: https://www.edgeprop.sg/property-new...-high-2674-psf
