Three Three Robin reaches new high of $2,465 psf
Another property development that met a new psf-price high is Mountbatten Lodge, a property apartment on Mountbatten Route in District 15. A one-bedroom flat on the initial level measuring 334 sq ft unit altered hands for $650,000, or $1,948 psf, on July 28. The transaction goes beyond the previous file of $1,745 psf registered in May, when a 355 sq ft unit was offered for $620,000.
No new psf-price lows were recorded throughout the duration in review.
Based on caveats lodged with URA, the unit sold on July 28 had been bought by the vendor from the builder in September 2004 for $1.69 million ($1,067 psf). This indicates they made a boost of $2.21 million (131%) on the deal.
Three Three Robin is a development by SC Global Developments which was completed in 2005. The shop enhancement has already 36 units residency in a singular block. Units consist of two- to four-bedders in between 1,367 and 4,855 sq ft.
The unit offered on July 28 is the very first residence at Three Robin to switch hands this year. Before that, the most more recent resell purchase at the property development occurred a year back when a 1,636 sq ft unit on the 8th level brought $3.75 million ($2,292 psf) in July 2022.
Sturdee Residences is a 99-year leasehold condominium on Beatty Road in District 8 that was finalized in 2019. The 305-unit condominium was created by SL Capital, a subordinate of district property project business Sustained Land. Located near Farrer Park MRT Terminal, the property is a 30-storey twin-tower project with a blend of 1- to five-bedroom units that range from 420 to 1,830 sq ft.
Three Three Robin, a freehold condo on Robin Road in prime District 10, climbed the listing of condominiums that found a fresh psfprice high in between July 28 and Aug 1. This was accomplished 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 proceeding marks the first time the property development has actually moved across the $2,400 psf limit, and even beats the past high of $2,389 psf started March 2022 when a 1,582 sq ft unit switched hands for $3.78 million.
Mountbatten Lodge was completed in 1998 with solely 28 non commercial units. Condominiums consist of one- and also two-bedders between 280 and also 721 sq ft. The development lies in just the upmarket residential surround that lines Mountbatten Roadway in the East Coast. Across the road from Mountbatten Lodge is Liv@MB, the upcoming 298-unit domestic property development by Bukit Sembawang Estates.
Sturdee Residences additionally accomplished a new psf-price high in the course of 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 developer in May 2016 for $752,400 ($1,792 psf), which suggests they made a gain of approximately $146,000 or 19% on the sale. The dealing surpasses the previous psf-price high at Sturdee Residences logged in June, the second a 420 sq ft condo was marketed for $888,000 or $2,115 psf.
