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

Sturdee Residences additionally achieved a new psf-price high in the course of the period in assessment with the sale 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 ground had actually acquired it from the property developer in May 2016 for $752,400 ($1,792 psf), that suggests they made a growth of around $146,000 or 19% on the sale. The dealing defeats the recent psf-price high at Sturdee Residences logged in June, the moment a 420 sq ft flat was offered for $888,000 or $2,115 psf.

A different property development that met a brand-new psf-price high is Mountbatten Lodge, a property condominium on Mountbatten Route in District 15. A one-bedroom residence on the first ground evaluating 334 sq ft unit changed 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 offered for $620,000.

Three Three Robin is a project by SC Global Developments which was completed in 2005. The store innovation has already 36 units residency in a single block. Units comprise two- to four-bedders between 1,367 and 4,855 sq ft.

Based on cautions lodged with URA, the unit offered on July 28 had been acquired by the seller from the builder in September 2004 for $1.69 million ($1,067 psf). This means they made a growth of $2.21 million (131%) on the transaction.

The unit sold on July 28 is the initial apartment at Three Robin to switch hands this year. Prior to that, one of the most latest resell purchase at the property occurred a year back when a 1,636 sq ft unit on the eighth floor brought $3.75 million ($2,292 psf) in July 2022.

Three Three Robin, a freehold residence on Robin Road in top District 10, topped the lineup 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 6th floor for $3.9 million, or $2,465 psf, on July 28. The proceeding marks the very first time the project has crossed the $2,400 psf limit, and defeats the previous high of $2,389 psf broken out March 2022 when a 1,582 sq ft unit altered hands for $3.78 million.

No brand-new psf-price lows were noted throughout the period in review.

Mountbatten Lodge was completed in 1998 with just 28 non commercial units. Apartments consist of one- and also two-bedders in between 280 and also 721 sq ft. The growth is located in just the upmarket household surround that lines Mountbatten Roadway in the East Coast. Across the route from Mountbatten Lodge is Liv@MB, the upcoming 298-unit residential project by Bukit Sembawang Estates.

Sturdee Residences is a 99-year leasehold condo on Beatty Street in District 8 that was finished in 2019. The 305-unit condo was developed by SL Capital, a branch of neighborhood building development company Sustained Land. Situated near to Farrer Park MRT Terminal, the property 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.

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