4-bedder at Gallop Gables transacted at a lossCopy:A two-bedroom unit at The Esta emerged as the top private condo that achieved a new psf-price high from Feb 21 to 28. Located in District 10, the freehold development reached a new price peak of $2,377 psf when a 1,001 sq ft unit was sold for $2.38 million on Feb 26. The sellers, who had bought the seventh-floor unit for $1.83 million ($1,833 psf) in March 2021, profited about $545,000 from the deal.The latest transaction surpasses the previous record price of $2,317 psf set in January last year when a 1,346 sq ft, three-bedroom unit on the 13th floor was sold for approximately $3.2 million.The average resale price of units at The Esta has seen a steady increase over the past three years, with 10 units sold at an average psf-price of $2,012 in 2022, nine units at an average price of $2,156 in 2023, and another nine units at an average price of $2,248 psf last year, reflecting an 11.7% increase in average resale prices since 2022.Read also: Four-bedroom unit at freehold Gallop Gables fetches $2,299 psfBy absolute price, the most expensive unit sold at The Esta was a 3,477 sq ft, five-bedroom apartment on the 21st floor that was transacted for $6.25 million, or $1,798 psf, in October 2021.In District 10, a two-bedroom unit at The Esta was sold for $2.38 million on Jan 30, setting a new psf-price record of $2,377 psf (Picture: Samuel Isaac Chua)The Esta is a 400-unit development spread across five residential blocks along Amber Gardens. Completed in 2008, it offers a range of two- to four-bedroom apartments, from 1,001 sq ft to 1,711 sq ft, as well as penthouses spanning from 2,368 sq ft to 3,477 sq ft. The condo is situated in close proximity to Tanjong Katong MRT Station on the Thomson-East Coast Line and is surrounded by lifestyle hubs such as Katong Shopping Centre and Katong V.The second-highest new psf-price recorded during the review period was at the 99-year leasehold condo D’Leedon. On Feb 25, a 1,421 sq ft, three-bedroom unit on the 29th floor was sold for $3.25 million, setting a new psf-price record of $2,287, slightly surpassing the sale of a smaller 1,367 sq ft, three-bedroom unit for $3.04 million, or $2,222 psf, on Feb 26. Before these transactions, the record price at D’Leedon stood at $2,180 psf, achieved when a 2,110 sq ft, four-bedroom unit was sold for $4.6 million in October 2021.See also: Boutique condo Hill House hits new high of $3,267 psfSince the start of the year, 11 units have been sold at the development, with an average price of $2,065 psf. The lowest psf-price recorded this year was for a 743 sq ft, one-bedroom apartment on the 10th floor, which was sold for $1.41 million ($1,898 psf) on Feb 13.On Feb 25, a 1,421 sq ft, three-bedroom unit on the 29th floor of D’Leedon was sold for $3.25 million, setting a new psf-price record of $2,287 (Picture: Samuel Isaac Chua)Located along Leedon Heights in District 10, D’Leedon is a 1,703-unit development that was completed in 2014. It offers a variety of units ranging from one- to four-bedrooms, spanning from 592 sq ft to 6,534 sq ft. The condo is a short walk from Farrer Road MRT Station on the Circle Line and is surrounded by amenities such as Empress Road Market and Food Centre.A new psf-price high was also recorded at Citylights, which took third place in the list. On Feb 27, a 893 sq ft, two-bedroom unit on the 26th floor fetched $1.98 million, setting a new psf-price record of $2,216. This surpassed the previous record of $2,122 psf set in December last year when an 872 sq ft, two-bedroom unit on the 16th floor was sold for $1.85 million. The sellers of the 26th-floor unit had bought it for approximately $1.44 million ($1,610 psf) in April 2019, making a profit of about $542,000.Citylights is a 600-unit, 99-year leasehold development that was completed in 2007 (Picture: Samuel Isaac Chua)Situated in District 8, Citylights is a 600-unit, 99-year leasehold condo located along Jellicoe Road in Kallang. It offers one- to four-bedroom units ranging from 560 sq ft to 3,875 sq ft. The condo is only a one-minute walk from Lavender MRT Station and is within close proximity to dining and retail options such as Aperia Mall and Kitchener Complex, both within 300m radius.There were no new psf-price lows recorded during the period under review.