Two-bedroom sale sets $2,843 psf record at The Arcady at Boon Keng

A 678 sq ft two-bedroom home at The Arcady at Boon Keng sold for $1.928 million in an October 2026 developer sale, setting a reported project record of $2,843 per square foot (psf). The transaction directory independently reproduces the price, size and new-sale classification, identifying URA data as its source.

For someone comparing homes at this freehold condominium, the interesting detail is the apartment behind the record: a compact two-bedder reported to be on the 22nd floor. The previous project high came from a larger two-bedroom home, so the two transactions offer a more useful comparison than the record number alone.

A new high, by just $6 psf

The previous reported peak was $2,837 psf, set by a 764 sq ft two-bedroom developer sale in November 2025. The latest transaction exceeds that by $6 psf, or approximately 0.2%, calculated from the two reported rates. It is a narrow increase rather than a large jump between the two records.

The size difference is more substantial. At 678 sq ft, the latest apartment is 86 sq ft smaller than the earlier record-setting home—about 11% less floor area. Both are described as two-bedroom units, but that shared label masks a meaningful difference in the amount of space being bought.

Applying the earlier reported rate of $2,837 psf to 764 sq ft gives an indicative total of about $2.17 million. That calculation uses a rounded psf figure, rather than an independently verified exact transaction total. Even so, it illustrates the distinction: the latest buyer paid a slightly higher rate for each square foot while committing roughly $240,000 less overall.

For a buyer working within a total budget, that is the more useful way to read the headline. The highest psf transaction need not be the most expensive apartment in dollar terms.

Which two-bedroom home are you comparing?

The Arcady at Boon Keng is a 172-unit freehold development at 2 Saint Barnabas Lane. Its project factsheet names KSH Ultra Unity Pte. Ltd. as the developer, a joint venture involving KSH Holdings, SLB Development and H10 Holdings.

The factsheet lists 76 two-bedroom homes, with sizes ranging from 667 to 764 sq ft. That is about 44% of the development’s total unit count, calculated from the published mix. These are planned homes across the project, not a count of units still available for purchase.

The record-setting 678 sq ft apartment sits towards the smaller end of that range. The difference between the smallest and largest listed two-bedroom configurations is 97 sq ft—about 15% of the smallest layout’s area. Buyers therefore have a genuine size trade-off to examine within the same bedroom category.

A useful comparison starts with the floor plan, not just the bedroom count. Ask where the additional space goes: would it make furniture placement easier, improve circulation, or provide space your household would use every day? Those are questions to check against the actual drawings, rather than benefits to assume from a larger advertised area.

Floor position belongs alongside that comparison. The reported 22nd-floor location is part of this transaction’s identity; a lower-floor apartment or a different configuration is a different proposition. The available evidence does not isolate how much of the price reflects floor, layout or other characteristics.

What the sale record actually captures

This was classified as a new sale by the developer, rather than a resale between homeowners. URA explains that private residential new-sale records from 25 May 2015 are based on Options to Purchase issued by licensed developers, with the information updated weekly.

The available sources differ slightly on the transaction’s precise day, so October 2026 is the appropriate date to use here. The evidence establishes the recorded price and apartment size, but does not identify the buyer or explain their motivation or any negotiated incentives.

That leaves a practical distinction for anyone viewing the project now: this is evidence of one recorded purchase, not a current quotation for another apartment. Ask for the price of the specific unit under consideration, then compare its total cost, size and floor with this reference transaction.

The remaining question is fit—and timing

The project factsheet gives 31 December 2028 as the expected vacant-possession date. That is a stated delivery expectation, not evidence that the homes are already ready to live in or a guarantee of handover on that day.

For a household comparing new launches, timing should sit beside layout and price. Would the expected delivery fit your housing plans? Would the smaller two-bedroom configuration meet your needs, or would paying more overall for additional space be worthwhile?

The record supplies a concrete reference point: $1.928 million for a 678 sq ft, high-floor two-bedroom home. The next useful evidence is the current availability and quoted price of the particular layout you would actually choose—not another project-wide headline.