River Valley Freehold Condo Latitude Hits Record $2,993 Psf

A buyer paid $8.28 million for a 2,766 sq ft, four-bedroom home on the 17th floor of Latitude on 11 September 2026. The deal works out to $2,993 per square foot (psf), the highest recorded rate for the condominium.

Latitude is a 127-unit freehold condominium on Jalan Mutiara in River Valley. The transaction is notable not just for crossing a new psf threshold, but because the buyer committed that rate to a particularly large apartment.

A narrow record attached to a much larger home

The previous recorded high at Latitude was $2,932 psf, achieved by a 1,927 sq ft three-bedroom apartment that changed hands for $5.65 million in July 2023.

That makes the new record only $61 psf, or about 2.1%, higher. But the two purchases were quite different in scale: the latest four-bedder was 839 sq ft larger, giving it about 43.5% more floor area than the earlier record-setter. These percentages are mastREplan calculations based on the recorded transactions.

The difference also shows up in the total bill. The latest buyer paid $2.63 million more than the buyer of the 2023 unit.

In other words, the headline record is mathematically correct, but it should not be read as the price of a nearly identical home simply rising by 2.1%. The new benchmark came from a substantially bigger apartment with a higher total purchase price.

A closer comparison for large apartments

A more useful reference for the latest deal may be another large four-bedroom home at Latitude. In December 2025, a 2,788 sq ft unit sold for $7.65 million, or $2,744 psf.

That apartment was only 22 sq ft larger than the latest record-setter. Yet the September 2026 buyer paid $630,000 more in total and $249 psf more, based on mastREplan’s calculations from the recorded figures.

This closer size match helps put the record into perspective. It shows that the latest price was not merely high because a large home naturally carries a large overall bill: its psf rate was also materially above that recent large-unit transaction.

The records available here do not establish why. Renovation condition, layout, outlook, exact floor position and the motivations of each buyer and seller can all matter, but there is not enough verified information to attribute the difference to any one feature.

Why psf is useful—but incomplete

Psf is the purchase price divided by the apartment’s floor area. It gives buyers a convenient common measure when homes differ in size: without it, comparing a $5.65 million three-bedder with an $8.28 million four-bedder would tell us little about their relative pricing.

But psf compresses each home into one number. Two apartments can be close in rate while differing significantly in floor area, room count and total affordability. Here, the gap between $2,932 psf and $2,993 psf looks modest, while the $2.63 million difference in purchase price is anything but.

For homeowners trying to estimate a unit’s value, the most useful comparisons are therefore usually recent transactions in the same development involving homes of a similar size, floor level and configuration. A project record can provide a reference point, but it is not automatically the best match for every apartment in the condominium.

Why this is a “recorded” high

The Urban Redevelopment Authority says its private residential resale and subsale information is based on caveats lodged with the Singapore Land Authority. Lodging a caveat is not compulsory, so the database may not capture every transaction.

The careful description is therefore that Latitude has reached a new recorded high of $2,993 psf. For prospective buyers and owners, the more revealing point is how it got there: through an $8.28 million purchase of a 2,766 sq ft four-bedder, rather than a direct repeat of the much smaller home that held the previous benchmark.