Three Three Robin reaches new high of $2,465 psf
The unit marketed on July 28 is the initial apartment at Three Robin to change hands this year. Before that, the most more recent reselling purchase at the property took place a year previously when a 1,636 sq ft unit on the 8th floor brought $3.75 million ($2,292 psf) in July 2022.
Three Three Robin is a property 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.
Three Three Robin, a freehold condo unit on Robin Road in top District 10, topped the list of condos that viewed an updated 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 purchase notes the very first time the property development has crossed the $2,400 psf limit, and also beats the past high of $2,389 psf started March 2022 the minute a 1,582 sq ft unit altered hands for $3.78 million.
Based upon 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 suggests they made a profit of $2.21 million (131%) on the deal.
Sturdee Residences additionally accomplished a brand-new psf-price high throughout the time period in evaluation with the sale 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 floor had purchased it from the developer in May 2016 for $752,400 ($1,792 psf), that suggests they made a boost of approximately $146,000 or 19% on the sale. The transaction defeats the past psf-price strong at Sturdee Residences logged in June, the moment a 420 sq ft condo was reselled for $888,000 or $2,115 psf.
Another development that hit a new psf-price high is Mountbatten Lodge, an estate apartment on Mountbatten Route in District 15. A one-bedroom home on the initial level estimating 334 sq ft unit altered hands for $650,000, or $1,948 psf, on July 28. The deal exceeds the previous report of $1,745 psf signed up in May, when a 355 sq ft unit was promoted 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 apartment was established by SL Capital, a subordinate of local property development business Sustained Land. Situated near Farrer Park MRT Terminal, the development is a 30-storey twin-tower plan with a blend of one- to five-bedroom units that vary from 420 to 1,830 sq ft.
Mountbatten Lodge was finished in 1998 with solely 28 residential units. Apartments comprise one- as well as two-bedders in between 280 and 721 sq ft. The development is located in just the upmarket household enclave that lines Mountbatten Roadway in the East Coast. Throughout the path from Mountbatten Lodge is Liv@MB, the upcoming 298-unit domestic property development by Bukit Sembawang Estates.
No brand-new psf-price lows were noted throughout the period in assessment.