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

Sturdee Residences is a 99-year leasehold apartment on Beatty Street in District 8 that was finished in 2019. The 305-unit condominium was created by SL Capital, a subordinate of local property development firm Sustained Land. Located near to Farrer Park MRT Station, the property is a 30-storey twin-tower venture with a blend of 1- to five-bedroom units that range from 420 to 1,830 sq ft.

Mountbatten Lodge was done in 1998 with just 28 non commercial units. Condos comprise one- and also two-bedders in between 280 and 721 sq ft. The project lies within the upmarket housing enclave that lines Mountbatten Roadway in the East Coast. Throughout the path from Mountbatten Lodge is Liv@MB, the upcoming 298-unit residential development by Bukit Sembawang Estates.

Three Three Robin, a freehold condo unit on Robin Road in top District 10, topped the list of condominiums that discovered a fresh psfprice high between July 28 and Aug 1. This was attained with the sale of a 1,582 sq ft, three-bedroom unit on the 6th floor for $3.9 million, or $2,465 psf, on July 28. The transaction marks the very first time the property development has crossed the $2,400 psf limit, and beats the former high of $2,389 psf started March 2022 when a 1,582 sq ft unit changed hands for $3.78 million.

Three Three Robin is a development by SC Global Developments which was carried out in 2005. The shop innovation has 36 units flat in a solo block. Units consist of two- to four-bedders in between 1,367 and 4,855 sq ft.

No new psf-price lows were filed during the period in assessment.

The unit sold on July 28 is the very first apartment at Three Robin to shift hands this year. Prior to that, the most recent resale purchase at the property happened a year back when a 1,636 sq ft unit on the 8th level retrieved $3.75 million ($2,292 psf) in July 2022.

Sturdee Residences likewise achieved a new psf-price high throughout the time period in assessment with the deal of a 420 sq ft unit for $898,888, or $2,141 psf, on Aug 1. The merchant of the one-bedroom unit on the 27th level had actually bought it from the developer in May 2016 for $752,400 ($1,792 psf), that indicates they made a growth of approximately $146,000 or 19% on the sale. The transactions defeats the past 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.

The Botany at Dairy Farm condo price

A different project that hit a brand-new psf-price high is Mountbatten Lodge, an estate condominium on Mountbatten Road in District 15. A one-bedroom residence on the initial ground measuring 334 sq ft unit switched hands for $650,000, or $1,948 psf, on July 28. The purchase exceeds the previous report of $1,745 psf signed up in May, when a 355 sq ft unit was sold for $620,000.

Based upon cautions lodged with URA, the unit sold on July 28 had been purchased by the vendor 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.

error: Content is protected !!