Dear readers, it is widely recognised that Singapore’s District 9 condos are among the most premium condos on the island. It is not just the status of District 9 condos that is premium but also the price tag commanded by the condos.
Usually, the price per square foot of District 9 condos are in the range of S$2,000 to S$3,000, thus it can sometime be insightful to see transaction among District 9 condos coming at below S$2,000 per square foot as in a 28 Oct 2024 property transaction.
The said transaction was for a Leonie Gardens condo. Leonie Gardens condo is a 99-year leasehold condo. A 2,573 square foot condo unit in Leonie Gardens was sold at S$3.9 million and this translates into a price per square foot of S$1,516.
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Leonie Gardens is a prestigious condominium located in the heart of Singapore’s upscale district, offering a blend of luxury and convenience. Nestled along Leonie Hill Road, this residential gem is surrounded by lush greenery, providing residents with a serene environment while remaining close to the vibrant urban lifestyle. The condominium features a range of well-designed units, from spacious 2-bedroom apartments to expansive penthouses, each boasting modern interiors and high-quality finishes.
Residents of Leonie Gardens enjoy an array of amenities, including a swimming pool, gymnasium, and lush landscaped gardens, perfect for relaxation and leisure. Its prime location ensures easy access to major shopping destinations like Orchard Road, where a wealth of retail, dining, and entertainment options await. Additionally, the complex is well-connected to public transportation, making commuting effortless.
The community at Leonie Gardens is a mix of families, professionals, and expatriates, creating a vibrant living atmosphere. The proximity to renowned schools, parks, and cultural hubs further enhances its appeal for families and individuals alike. Overall, Leonie Gardens epitomizes luxury urban living, where tranquility meets convenience in one of Singapore’s most sought-after neighborhoods.
Leonie Gardens condo was completed in 1993 and that means the condo is 31 years old since completion and there are 68 years left in the lease of the condo. Leonie Gardens has a total of 138 units. And that could in part explain why the psf is not in the common range of District 9 condos.
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