Amaryllis Ville 3-Bedder Resale Breaks PSF Record at $2,263

🌆 Prime CCR Resale Deal Makes Headlines

A luxury three-bedroom unit at Amaryllis Ville has recently shattered records, selling for an impressive $2,263 per square foot (psf)—the highest ever for this development. Located in Singapore’s prestigious District 11, the transaction affirms growing buyer appetite for well-located, larger units in the Core Central Region (CCR).

📍 Central Location Fuels Appeal

Amaryllis Ville’s location remains one of its biggest selling points:

5-minute walk to Newton MRT Interchange (Downtown & North-South Lines)
Close to Novena Health City, Orchard Road & CBD
Easy access to elite schools like ACS (Barker) and SJI
Minutes from shopping malls, eateries, and expressways

Such connectivity makes it ideal for both owner-occupiers and investors looking for long-term value.

🏡 Deal Snapshot

Unit Type: 3-Bedroom Condo
Floor Area: Approx. 1,432 sq ft
Selling Price: Over $3.24 million
Record PSF: $2,263 psf
Unit Level: Mid- to high-floor with city skyline views
Transaction Date: July 2025

This resale sets a new price benchmark for the 99-year leasehold condo, far exceeding its previous high psf rates.

🏙️ What Makes Amaryllis Ville Special?

Developed by Wing Tai Holdings, Amaryllis Ville is a well-maintained 311-unit condo with full facilities including:

Swimming pool, tennis court, gym, function rooms
Lush landscaping and tranquil surroundings
2 residential towers completed in 2004
Mix of 2- to 4-bedroom layouts suitable for families and professionals

Despite being over 20 years old, the condo remains in high demand due to its central location, spacious units, and mature estate amenities.

💡 Why Did This Unit Fetch a Record Price?

Several key factors likely drove the record-setting price:

Desirable Size: 3-bedroom units above 1,400 sq ft are scarce in CCR condos.
Prime Location: Newton’s central positioning is attractive to both locals and expats.
High Floor + Views: City views and privacy drive value, especially in older developments.
Renovation Appeal: The unit may have featured recent renovations or high-end finishes.
Tight Supply in CCR: Limited new launches and a shortage of large resale units create upward price pressure.

📈 Broader Market Impact

This sale is more than a one-off—it reflects a rising trend of confidence in the CCR resale market, especially for:

Family-sized homes in mature developments
Freehold or well-located 99-year leaseholds
Buyers seeking immediate occupancy over waiting for TOPs

With new launches in the CCR commanding upwards of $2,800–$3,500 psf, properties like Amaryllis Ville offer relative affordability and immediate livability.

Key Takeaways for Buyers & Sellers

Sellers:

Renovated, well-maintained units with good orientation and high-floor advantages can command record-breaking prices.
Units in central locations should emphasize unique features like unblocked views, size, and upgraded interiors.

Buyers:

Watch for undervalued CCR units in mature condos—pricing gaps are narrowing.
Be prepared to act fast on rare large-unit listings in central districts.
Consider long-term potential of CCR condos near MRTs and top schools.

Conclusion

The $2,263 psf resale of a 3-bedder at Amaryllis Ville marks a major milestone in Singapore’s private property market. It reinforces the value of strategic location, generous layout, and market timing.

As demand for move-in-ready homes in central districts remains strong, mature developments like Amaryllis Ville may continue to command premium prices, especially as buyers shift focus from new launches to high-quality resale opportunities.