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

The unit offered on July 28 is the initial residence at Three Robin to switch hands this year. Before that, the most recent reselling purchase at the project happened a year back when a 1,636 sq ft unit on the 8th floor fetched $3.75 million ($2,292 psf) in July 2022.

Sturdee Residences additionally achieved a brand-new psf-price high in the course of the duration 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 ground had actually bought it from the property developer in May 2016 for $752,400 ($1,792 psf), which suggests they made a boost of around $146,000 or 19% on the sale. The transactions surpasses the last psf-price high at Sturdee Residences logged in June, when a 420 sq ft apartment was reselled for $888,000 or $2,115 psf.

No new psf-price lows were reported throughout the time period in review.

Mountbatten Lodge was finished in 1998 with just 28 non commercial units. Condominiums make up one- and two-bedders between 280 and 721 sq ft. The growth lies within the upmarket housing enclave that lines Mountbatten Road in the East Coast. Throughout the path from Mountbatten Lodge is Liv@MB, the upcoming 298-unit domestic development by Bukit Sembawang Estates.

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One more project that hit a brand-new psf-price high is Mountbatten Lodge, an estate apartment on Mountbatten Route in District 15. A one-bedroom apartment on the initial level evaluating 334 sq ft unit changed hands for $650,000, or $1,948 psf, on July 28. The deal exceeds the previous file of $1,745 psf signed up in May, when a 355 sq ft unit was promoted for $620,000.

Three Three Robin, a freehold residence on Robin Road in prime District 10, topped the list of condominiums that discovered an updated 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 level for $3.9 million, or $2,465 psf, on July 28. The transaction notes the very first time the project has crossed the $2,400 psf threshold, and even beats the previous high of $2,389 psf set in March 2022 when a 1,582 sq ft unit switched hands for $3.78 million.

Sturdee Residences is a 99-year leasehold condominium on Beatty Street in District 8 that was finalized in 2019. The 305-unit condo was developed by SL Capital, a subsidiary of local property project company Sustained Land. Located close to Farrer Park MRT Station, the development is a 30-storey twin-tower project with a blend of 1- to five-bedroom units that vary from 420 to 1,830 sq ft.

Three Three Robin is a property development by SC Global Developments which was finalized in 2005. The boutique enhancement has already 36 units housed in a singular block. Units consist of 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 indicates they made a gain of $2.21 million (131%) on the transaction.

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