A unit at Honolulu Tower was just sold for a record-high of $14.2 million ($2,438 psf). The condominium is freehold and is located along Bukit Timah Road. This 5 bedrooms unit is on the 11th to 15th floor range and it has a massive floor area of 541 sqm, equivalent to 5,823-sq ft.
The recent property transaction surpassed the previous record high in Honolulu Tower. In June 2021, a 5 bedrooms unit was sold for $10.8 million ($1,854 psf). It has the same floor area of 5,823 sq ft and is located on the 6th to 10th floor range.
It shows that the condominium property value has appreciated by 31% in 5-years since the year of 2021.
These two resale transactions surpassed 2019's record high of $9.1 million ($1,562 psf), which was set by a apartment sold in July 2019.It is a similar size unit and located on the 11th to 15th floor range.
Honolulu Tower is a prestigious freehold residential development situated at 341 Bukit Timah Road in the highly affluent District 10 (Tanglin) area of Singapore. It was completed in 1985 by Glory Realty Co Ltd, a subsidiary of Far East Organization.
The development is a high-rise condominium consisting of only 30 exclusive 4-bedroom and penthouse units, with all units being bright and spacious from 5,822 sq ft onwards. This makes it one of the more intimate and exclusive residential towers in Singapore.
Residents enjoy a comprehensive range of facilities including a Clubhouse, Games Room, Playground, BBQ areas, Swimming and Wading Pool, Gym, Sauna, Squash and Tennis Courts, 24-hour security services, and car parking space.
In terms of connectivity, the nearest MRT station is Stevens MRT, which provides residents easy access to other areas of Singapore. The development is also close to several reputable schools such as Raffles Girls' School and Singapore Chinese Girls' School, and is in proximity to Balmoral Plaza and the popular Newton Food Centre.
You can check all the transactions (and more) for Honolulu Tower using our research tools.
The apartment should appeal to parents with school-going children, as they are within walking distance of several schools, including St Margaret's School (Primary), St. Joseph's Institution Junior, CHIJ Primary Toa Payoh, CHIJ Secondary School, ACS (Barker Road) and Queensway Secondary School. Nearby subway stations include Newton, Novena and Stevens. Shopping can be done in places like CS Fresh Chancery Court, Sheng Siong Supermarket @ Jalan Berseh and FairPrice Orchard Grand Court.