Recently, Cuscaden Reserve introduced a noteworthy promotional offer with a uniform price of $2,850 per square foot for specific units. This promotion is limited to 16 two-bedroom plus study apartments located between the 5th to 13th floors of a 28-storey tower. Each apartment spans approximately 936 square feet and includes a private elevator, offering residents a luxurious living experience.
At $2,850 per square foot, the total price per apartment amounts to approximately $2.67 million. The promotion is scheduled to end on July 14th, with only the first 5 units eligible for this special price. Since the launch of the promotion, four units have already been sold. Reportedly, two were purchased by Singaporean citizens, and one by a Singapore permanent resident.
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Additionally, over the recent weekend, three four-bedroom units were also sold. These units, the largest in the entire development project, range in size up to 2,099 square feet. Comprising combined adjacent two-bedroom and three-bedroom units, they are located between the 21st to 28th floors, priced at over $3,400 per square foot, with total prices exceeding $7.14 million.
Cuscaden Reserve is developed in collaboration between SC Global Developments of Singapore and listed Hong Kong companies New World Development and Far East Consortium International Limited. The project offers a variety of unit types, including one-bedroom plus study, two-bedroom, three-bedroom, and four-bedroom apartments, ranging from 700 square feet to 2,099 square feet.
Located in Singapore's District 10, Cuscaden Reserve features a 99-year leasehold and is surrounded by two freehold luxury condominiums: Park Nova by SingHaiyi Group (fully sold) and 3 Orchard By-The-Park by YTL Corporation. This area is renowned as a prime location in Singapore, known for its convenient transportation and abundant amenities.
Since its debut in September 2019, Cuscaden Reserve has successfully sold 12 apartments, averaging $3,625 per square foot. Its relaunch in March this year has controlled prices between $2,900 to $3,000 per square foot, representing a reduction of approximately 20% from its initial launch prices.
