Three Three Robin reaches new high of $2,465 psf
Mountbatten Lodge was completed in 1998 with just 28 residential units. Condos make up one- as well as two-bedders in between 280 and also 721 sq ft. The development lies throughout the upmarket household enclave that lines Mountbatten Roadway in the East Coast. Across the path from Mountbatten Lodge is Liv@MB, the upcoming 298-unit domestic property development by Bukit Sembawang Estates.
Three Three Robin, a freehold condo unit on Robin Road in top District 10, topped the listing of condos that viewed an updated psfprice high in 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 first time the project has actually crossed the $2,400 psf threshold, and beats the former high of $2,389 psf broken out March 2022 when a 1,582 sq ft unit altered hands for $3.78 million.
Three Three Robin is a property by SC Global Developments which was finished in 2005. The store enhancement has already 36 units housed in a solo block. Units make up two- to four-bedders in between 1,367 and 4,855 sq ft.
Another project that hit a brand-new psf-price high is Mountbatten Lodge, a freehold apartment on Mountbatten Route in District 15. A one-bedroom home on the initial ground estimating 334 sq ft unit altered hands for $650,000, or $1,948 psf, on July 28. The deal goes beyond the previous file of $1,745 psf signed up in May, when a 355 sq ft unit was offered for $620,000.
No brand-new psf-price lows were noted throughout the duration in review.
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 subsidiary of district property development company Sustained Land. Located near Farrer Park MRT Terminal, the property development is a 30-storey twin-tower venture with a mix of 1- to five-bedroom units that range from 420 to 1,830 sq ft.
Based upon caveats lodged with URA, the unit offered on July 28 had been purchased by the seller 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 purchase.
Sturdee Residences likewise achieved a brand-new psf-price high in the course of the duration in evaluation with the revenue 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), which implies they made a boost of around $146,000 or 19% on the sale. The transactions defeats the past psf-price strong at Sturdee Residences logged in June, when a 420 sq ft condo was marketed for $888,000 or $2,115 psf.
The unit sold on July 28 is the first apartment at Three Robin to change hands this year. Prior to that, one of the most more recent reselling transaction at the property development took place a year ago when a 1,636 sq ft unit on the eighth floor fetched $3.75 million ($2,292 psf) in July 2022.
