While Singapore’s high-end property market continues to showcase resilience amidst global economic fluctuations, Sanctuary@Newton has established an unprecedented milestone, achieving a record price of S$2,841 per square foot (psf) for its premium condominium units. This remarkable figure sets a new benchmark for freehold condominiums in Singapore, reflecting robust demand for exclusive residential properties in coveted areas such as Newton and Novena. The previous psf range for the development spanned between S$2,557 and S$3,228, underscoring the property’s premium positioning within Singapore’s competitive real estate landscape.
Located at 2 Surrey Road in District 11, Sanctuary@Newton is being developed by ASK Development Pte Ltd and encompasses 38 upscale units distributed across various configurations, including two-bedroom to four-bedroom layouts. The development offers residences ranging from 775 sqft for two-bedroom units to 1,249 sqft for four-bedroom options, with prices varying between S$2,188,000 and S$3,540,000 depending on unit type and specifications. Homeowners will particularly appreciate the high ceiling height of 3.15m that creates a sense of spaciousness and luxury in each unit.
An exclusive collection of 38 upscale residences in District 11, offering thoughtfully designed layouts from cozy two-bedrooms to spacious four-bedroom sanctuaries.
The project is scheduled for completion in 2025, presenting buyers with a contemporary luxury option in one of Singapore’s most desirable neighborhoods.
The exceptional pricing achievement can be attributed to several compelling factors, including the development’s freehold status, which is increasingly rare in Singapore’s property market, and its strategic location within the Newton/Novena vicinity. With GDP growth forecasted at 1-3% in 2025, the property stands as an attractive investment opportunity for HNWIs seeking value preservation in a moderated economic climate. Residents will benefit from proximity to Newton MRT station, major expressways, premium educational institutions, and renowned medical facilities, creating an appealing proposition for both families and professionals seeking centralized urban living.
Sanctuary@Newton further distinguishes itself through its extensive amenities, featuring a swimming pool, gymnasium, and BBQ area, all designed to enhance residents’ lifestyle experiences. The smart home system integrated in every unit offers residents advanced technological convenience and security features. The development’s modern architectural design, complemented by tranquil landscaping, appeals to discerning buyers seeking premium accommodations.
This record-setting psf achievement not only positions Sanctuary@Newton as one of the top-performing boutique developments in Singapore but may also establish new pricing standards for similar properties throughout District 11.
Visit Developer Agent web site at https://newlaunchescondo.sg/sanctuary-newton/
