Direct answer: CBRE estimated an average selling price around $2,800–$2,900 psf, while PropNex said the average could exceed $2,900 psf. These are analyst expectations only, not developer prices. The land was awarded at S$951,000,999 (about S$1,556 psf ppr) after six bids.
Illustrative quantum (not predictive)
- 500 sq ft: $1.40m at $2,800 psf · $1.45m at $2,900 psf · $1.50m at $3,000 psf.
- 650 sq ft: $1.82m · $1.89m · $1.95m.
- 850 sq ft: $2.38m · $2.47m · $2.55m.
- 1,000 sq ft: $2.80m · $2.90m · $3.00m.
- Try your own numbers in the price tool.
Do not judge value by psf alone
Floor efficiency, facing, unit supply, quantum, holding period and likely resale competition may matter more than a small difference in psf.
Emmeline Koh · Property Strategist, PropNex Realty · CEA Reg. No. R045542G. Discuss your buying plan