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Thursday, September 17, 2009

RED Portal (5) - Highest Benchmark Price

The RED portal provides an important indicator called BMP (Benchmark Price). It is the average PSF (price per square foot) computed for the latest 20 sales transactions, adjusted by the price index.

Do you know the condos with the highest BMP in Singapore. Here are the top 10 condos. 8 of them are still under construction (to be ready in 2010 and 2011). Two are already occupied. Are you familiar with them?

Go to www.easysearch.sg (Real Estate Data) to see the map of the condo and also the actual transactions.


TOP 10 BMP

Condo Year Comp Tenure Location Nr Units BMP
Marq on Patterson Hill 2011 FH Orchard 66 $4,305
Cliveden at Grange 2011 FH Tanglin 100 $3,315
Orchard Residences 2010 99 Tanglin 175 $3,282
Parkview Eclat 2010 FH Tanglin 35 $3,220
Lumos 2011 FH Orchard 53 $3,133
Beaufort on Nassim 2008 FH Bukit Timah 30 $3,087
Leonie Parc View FH Orchard 44 $2,910
Helios Residences 2011 FH Newton 140 $2,840
Boulevard Residences 2005 FH Tanglin 46 $2,807
Nassim Park 2011 FH Bukit Timah 100 $2,751


These properties cost several million dollars and are beyond the reach of ordinary people. Anyway, it is nice to know how expensive they are, and where they are located.

You can find more reasonably priced properties at other sectors. Go to the portal and select the condo by its name, or choose the condos in your preferred sector (or district).

www.easysearch.sg (Real Estate Data)

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