Three Three Robin reaches new high of $2,465 psf

Based on caveats lodged with URA, the unit offered on July 28 had been purchased by the seller from the property developer in September 2004 for $1.69 million ($1,067 psf). This indicates they made a gain of $2.21 million (131%) on the transaction.

Another property development that met a new psf-price high is Mountbatten Lodge, a property condominium on Mountbatten Route in District 15. A one-bedroom residence on the initial ground estimating 334 sq ft unit changed hands for $650,000, or $1,948 psf, on July 28. The purchase goes beyond the previous record of $1,745 psf registered in May, when a 355 sq ft unit was promoted for $620,000.

Three Three Robin is a development by SC Global Developments which was finished in 2005. The store enhancement has 36 units residency in a singular block. Units comprise 2- to four-bedders in between 1,367 and 4,855 sq ft.

Mountbatten Lodge was completed in 1998 with solely 28 non commercial units. Apartments consist of one- as well as two-bedders in between 280 and 721 sq ft. The project is located throughout the upmarket household surround that lines Mountbatten Roadway in the East Coast. Across the path from Mountbatten Lodge is Liv@MB, the upcoming 298-unit domestic development by Bukit Sembawang Estates.

No brand-new psf-price lows were reported during the duration in assessment.

Sturdee Residences is a 99-year leasehold apartment on Beatty Road in District 8 that was finalized in 2019. The 305-unit condo was developed by SL Capital, a branch of local property development firm Sustained Land. Found near to Farrer Park MRT Station, the property development is a 30-storey twin-tower plan with a mix of one- to five-bedroom units that vary from 420 to 1,830 sq ft.

The unit offered on July 28 is the initial apartment at Three Robin to alter hands this year. Before that, one of the most more recent reselling deal at the project took place a year ago when a 1,636 sq ft unit on the eighth level fetched $3.75 million ($2,292 psf) in July 2022.

Newport Residences price

Sturdee Residences likewise accomplished a new psf-price high during the duration in review with the transaction of a 420 sq ft unit for $898,888, or $2,141 psf, on Aug 1. The vendor of the one-bedroom unit on the 27th ground had bought it from the property developer in May 2016 for $752,400 ($1,792 psf), that implies they made a growth of approximately $146,000 or 19% on the sale. The transactions beats the recent psf-price strong at Sturdee Residences logged in June, the second a 420 sq ft apartment was marketed for $888,000 or $2,115 psf.

Three Three Robin, a freehold condominium on Robin Road in top District 10, climbed the list of apartments that discovered a new psfprice high in between July 28 and Aug 1. This was achieved with the sale of a 1,582 sq ft, three-bedroom unit on the sixth level for $3.9 million, or $2,465 psf, on July 28. The transaction notes the very first time the development has actually traversed the $2,400 psf threshold, and even beats the former high of $2,389 psf broken out March 2022 the minute a 1,582 sq ft unit altered hands for $3.78 million.

error: Content is protected !!