Sky Everton hits new psf price high of $3,406 psf

by Albert02

Sky Everton hits new psf price high of $3,406 psf

Sky Everton hits new psf price high of $3,406 psf.A new psf price was obtained for the sale of a six-bedroom penthouse at Sky Everton. Developer SL Capital, a partnership between Sustained Land, Ho Lee Group, Kwong Lee Land, and Penjuru Capital, sold the 2,228 square foot property on July 26 for $7.59 million, or $3,406 per square foot.

On Everton Road in District 2, there is a freehold neighborhood called Sky Everton. A 36-story skyscraper will accommodate 262 homes as part of the project. One- to four-bedroom flats ranging in size from 463 square feet to 1,345 square feet make up the units. Additionally, there are four penthouses: two 1,819 square foot five-bedroom units and two 2,228 square foot six-bedroom units.

When the complex initially went on the market in June 2019, more than 40% of the available units were sold over the opening weekend for an average price of nearly $2,500 per square foot. According to data from EdgeProp Singapore’s research tool, the property has had reasonably constant sales, and prices have gradually grown to an average of $2,865 psf in the last 12 months as of August.

The 2,228 square foot penthouse at Sky Everton, which was sold on July 29, was one of three of the four penthouses that were sold this year. The other 2,228 square foot penthouse was sold on March 31 for $7.11 million ($3,189 per square foot), making it Sky Everton’s biggest sale to date. One of the two 1,819 square foot penthouses was sold, however, on January 30 for $5.69 million ($3,127 per square foot). Sky Everton, which is expected to be finished in 2023, is close to the future Cantonment MRT Station on the Circle Line.

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