Three Three Robin reaches new high of $2,465 psf
Mountbatten Lodge was finished in 1998 with solely 28 residential units. Condominiums comprise one- as well as two-bedders between 280 and 721 sq ft. The development lies throughout the upmarket household enclave that lines Mountbatten Roadway in the East Coast. Across the road from Mountbatten Lodge is Liv@MB, the upcoming 298-unit housing property development by Bukit Sembawang Estates.
No brand-new psf-price lows were recorded throughout the period in review.
A different project that met a new psf-price high is Mountbatten Lodge, a property apartment on Mountbatten Road in District 15. A one-bedroom home on the very first level measuring 334 sq ft unit altered hands for $650,000, or $1,948 psf, on July 28. The deal exceeds the previous file of $1,745 psf registered in May, when a 355 sq ft unit was offered for $620,000.
Three Three Robin is a property by SC Global Developments which was finished in 2005. The boutique development has 36 units residency in a singular block. Units comprise two- to four-bedders in between 1,367 and 4,855 sq ft.
Based upon cautions 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 means they made a gain of $2.21 million (131%) on the deal.
Sturdee Residences is a 99-year leasehold condo on Beatty Road in District 8 that was completed in 2019. The 305-unit condo was created by SL Capital, a branch of neighborhood building project firm Sustained Land. Situated 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.
Sturdee Residences additionally achieved a new psf-price high during the period in evaluation with the revenue of a 420 sq ft unit for $898,888, or $2,141 psf, on Aug 1. The owner of the one-bedroom unit on the 27th level had actually acquired it from the property developer in May 2016 for $752,400 ($1,792 psf), that indicates they made a growth of about $146,000 or 19% on the sale. The transactions beats the previous psf-price high at Sturdee Residences logged in June, when a 420 sq ft flat was reselled for $888,000 or $2,115 psf.
Three Three Robin, a freehold condo on Robin Road in prime District 10, climbed the selection of condos that discovered a fresh psfprice high between July 28 and Aug 1. This was accomplished 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 marks the first time the property development has traversed the $2,400 psf threshold, and even defeats the past high of $2,389 psf set in March 2022 the minute a 1,582 sq ft unit altered hands for $3.78 million.
The unit sold off on July 28 is the initial flat at Three Robin to shift hands this year. Before that, one of the most recent reselling transaction at the development happened a year ago when a 1,636 sq ft unit on the eighth level brought $3.75 million ($2,292 psf) in July 2022.