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District 15, which includes areas like Katong, Marine Parade, and Tanjong Rhu, is known for its desirable lifestyle and amenities. This can drive up demand and prices for properties, including dual-key units.
While specific data on dual-key units in District 15 might not be readily available in the provided sources, we can infer from general trends in the area. For instance, projects in District 15 have seen significant price movements. The Continuum, a freehold project in this district, has units priced in the range of $2,500 to $2,600 per square foot, indicating a strong market.
Dual-key units, which typically include two separate living spaces within one unit, can command a premium due to their flexibility. These units are often sought after by investors and families, which can drive up their prices.
In general, the Singapore condo market has seen an upward trend in prices. For example, other districts have recorded new price highs, such as The Shelford reaching $2,601 per square foot and The Woodleigh Residences hitting $2,532 per square foot. While these are not specifically dual-key units, they indicate a broader market trend of increasing prices.
New launches in District 15 and surrounding areas can also impact prices. For instance, if there are fewer new dual-key units available, existing ones might see increased demand and higher prices.