Three Three Robin reaches new high of $2,465 psf
The unit marketed on July 28 is the very first apartment at Three Robin to alter hands this year. Prior to that, one of the most more recent resell deal at the project occurred a year previously when a 1,636 sq ft unit on the 8th ground fetched $3.75 million ($2,292 psf) in July 2022.
A different property development that hit a new psf-price high is Mountbatten Lodge, a property condo on Mountbatten Route in District 15. A one-bedroom residence on the initial level measuring 334 sq ft unit changed hands for $650,000, or $1,948 psf, on July 28. The transaction exceeds the previous file of $1,745 psf signed up in May, when a 355 sq ft unit was offered for $620,000.
Sturdee Residences is a 99-year leasehold condominium on Beatty Street in District 8 that was finished in 2019. The 305-unit condominium was established by SL Capital, a subsidiary of local real estate development firm Sustained Land. Found near to Farrer Park MRT Terminal, the development is a 30-storey twin-tower project with a blend of one- to five-bedroom units that vary from 420 to 1,830 sq ft.
Based on cautions lodged with URA, the unit offered on July 28 had been acquired by the seller from the property developer in September 2004 for $1.69 million ($1,067 psf). This means they made a gain of $2.21 million (131%) on the deal.
Sturdee Residences likewise attained a new psf-price high throughout the time period in evaluation with the deal 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 floor had purchased it from the property developer in May 2016 for $752,400 ($1,792 psf), which implies they made a boost of about $146,000 or 19% on the sale. The transactions surpasses the recent psf-price high 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 is a development by SC Global Developments which was completed in 2005. The store development has already 36 units flat in a singular block. Units comprise two- to four-bedders in between 1,367 and 4,855 sq ft.
Mountbatten Lodge was completed in 1998 with just 28 household units. Condos make up one- and also two-bedders in between 280 and also 721 sq ft. The development is located throughout the upmarket non commercial enclave that lines Mountbatten Roadway in the East Coast. Across the route from Mountbatten Lodge is Liv@MB, the upcoming 298-unit domestic property development by Bukit Sembawang Estates.
Three Three Robin, a freehold residence on Robin Road in prime District 10, topped the selection of condos that discovered a fresh 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 ground for $3.9 million, or $2,465 psf, on July 28. The transaction notes the first time the property development has traversed the $2,400 psf limit, and also defeats the previous high of $2,389 psf started March 2022 when a 1,582 sq ft unit altered hands for $3.78 million.
No brand-new psf-price lows were recorded throughout the period in assessment.