Chart of the Day: Boulevard 88 units achieved highest price psf from March to June

The unit sold in June was the 6th most expensive new condo in psf terms.

This chart from OrangeTee & Tie revealed that each month’s most expensive new condo units per square foot (psf) sold since March were from Boulevard 88, which was co-developed by City Development Limited (CDL), Hong Leong Holdings and LEA Investments.

Also read: Chart of the Day: Sold luxury condo units hit record-high to 137 in Q2

Last quarter recorded the sixth most expensive new condo by psf sold since 1995. A 562 sqm, 28th floor unit at Boulevard 88 was transacted in June for a record-smashing $5,125 psf. By quantum, this unit was transacted at $31m, which makes it the 5th most expensive new sale condo ever transacted.

Another apartment at the same development also became the seventh most pricey new condo sale in April, at $29.5m. Also located at the 28th floor, the 560 sqm unit was bought for $4,899 psf.