Dear readers, on March 13, 2025, a remarkable unit at Hock Mansion in the prestigious District 9 was sold for an impressive price point of just $1,223 per square foot.
This sale has captured the attention of real estate enthusiasts and potential buyers alike, given the premium nature of the property and its enviable location.
Hock Mansion, known for its luxury and exclusivity, has long been a coveted address in one of Singapore’s most sought-after districts. The sold unit measures a generous 1,615 square feet and was purchased for a total of $1.975 million. This translates into an incredibly attractive price of $1,223 per square foot, which stands out when compared to the broader market trends in the area.
In March 2025, the sale of private condominiums and apartments in District 9 typically ranged from approximately $2,000 to $3,600 per square foot. This price disparity makes the Hock Mansion unit’s sale not only appealing but also a rare opportunity for buyers looking to invest in a freehold property in a prime location at a competitive price.
Buyers often gravitate towards properties in this district due to its proximity to key amenities, vibrant cultural scene, and excellent transport links. It is a place where urban living meets sophistication, making it a desirable location for both homeowners and investors.
The attractive price point of the Hock Mansion unit may reflect a strategic decision by the seller to attract buyers in a competitive market. In a time of uncertainty, offering a freehold apartment at a lower price per square foot could be a savvy move to ensure a quick sale.
Furthermore, the unique characteristics of the unit itself may have contributed to its appeal. Buyers often appreciate freehold properties for their long-term investment potential, as they are not subject to lease expiration issues common in leasehold developments. The spacious layout of the 1,615-square-foot unit offers ample room for families or individuals looking for a comfortable living space.
The sale also highlights the importance of timing in the real estate market. March is often a busy period for property transactions, and this particular sale may have benefited from increased buyer activity during this time. As potential homeowners look for opportunities in a competitive market, they may be more inclined to act quickly when presented with a compelling offer.
With a selling price of just $1,223 per square foot for a freehold unit, this transaction stands out amidst a backdrop of higher property prices in the area.
For those considering an investment or a new home in this vibrant district, the sale at Hock Mansion serves as a reminder of the potential opportunities that exist within the market. Whether you are a first-time buyer, an experienced investor, or simply someone intrigued by the world of real estate, staying informed about these developments is key to making sound decisions in a dynamic environment.
As always, we encourage our readers to keep a close eye on market trends and be proactive in exploring the various options available in the ever-changing landscape of Singapore’s real estate market.