Three Three Robin reaches new high of $2,465 psf
A different property development that hit a new psf-price high is Mountbatten Lodge, a freehold apartment on Mountbatten Road in District 15. A one-bedroom residence on the first level estimating 334 sq ft unit switched hands for $650,000, or $1,948 psf, on July 28. The deal goes beyond the previous report of $1,745 psf registered in May, when a 355 sq ft unit was promoted for $620,000.
Three Three Robin is a property by SC Global Developments which was completed in 2005. The shop innovation has already 36 units housed in a solo block. Units comprise 2- 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 acquired by the vendor from the property developer in September 2004 for $1.69 million ($1,067 psf). This implies they made a growth of $2.21 million (131%) on the deal.
Sturdee Residences likewise accomplished a brand-new psf-price high during the time period in review with the transaction of a 420 sq ft unit for $898,888, or $2,141 psf, on Aug 1. The vendor of the one-bedroom unit on the 27th level had bought it from the property developer in May 2016 for $752,400 ($1,792 psf), that suggests they made a growth of approximately $146,000 or 19% on the sale. The dealing beats the previous 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.
Three Three Robin, a freehold condominium on Robin Road in prime District 10, topped the list of apartments that discovered an updated psfprice high in between July 28 and Aug 1. This was attained 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 purchase notes the first time the project has actually moved across the $2,400 psf threshold, and even beats the past high of $2,389 psf started March 2022 when a 1,582 sq ft unit altered hands for $3.78 million.
The unit offered on July 28 is the initial flat at Three Robin to alter hands this year. Before that, the most recent reselling purchase at the property occurred a year back when a 1,636 sq ft unit on the eighth ground retrieved $3.75 million ($2,292 psf) in July 2022.
Mountbatten Lodge was completed in 1998 with solely 28 residential units. Condominiums make up one- as well as two-bedders between 280 and 721 sq ft. The project rises throughout the upmarket non commercial enclave that lines Mountbatten Roadway in the East Coast. Throughout the route from Mountbatten Lodge is Liv@MB, the upcoming 298-unit housing development by Bukit Sembawang Estates.
Sturdee Residences is a 99-year leasehold condo on Beatty Road in District 8 that was finished in 2019. The 305-unit condo was developed by SL Capital, a branch of district property project business Sustained Land. Found near to Farrer Park MRT Terminal, the development is a 30-storey twin-tower project with a blend of one- to five-bedroom units that range from 420 to 1,830 sq ft.
No brand-new psf-price lows were filed throughout the time period in assessment.
