Iridium had always been about $200 psf below Newton Suites and $100 psf below PI because of its "sandwiched" status.
During the peak of 2007, when Newton Suites hit $2,000 psf and PI $1,700 psf, Iridium peaked at only around $1,300 psf, the gaps between the different condos opened up.
Later during the trough of 2009, Newton Suites plunged to $1,200 psf and PI to $1,100 psf, Iridium dropped to around $1,000 and the price differentials are maintained again.
Now that Newton Suites has reached $1,700 psf and PI around $1,600 psf, Iridium rightfully should be around $1,500 psf.
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