Three Three Robin reaches new high of $2,465 psf
Three Robin, a freehold condominium on Robin Road in top District 10, topped the lineup of condos that saw 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 sixth floor for $3.9 million, or $2,465 psf, on July 28. The deal notes the very first time the project has crossed the $2,400 psf limit, and also beats the former high of $2,389 psf set in March 2022 when a 1,582 sq ft unit altered hands for $3.78 million.
Based on caveats lodged with URA, the unit offered on July 28 had been bought by the seller from the developer in September 2004 for $1.69 million ($1,067 psf). This implies they made a gain of $2.21 million (131%) on the transaction.
The unit marketed on July 28 is the initial condo at Three Robin to change hands this year. Before that, one of the most more recent resell purchase at the project occurred a year ago when a 1,636 sq ft unit on the 8th level retrieved $3.75 million ($2,292 psf) in July 2022.
A different development that met a brand-new psf-price high is Mountbatten Lodge, a freehold condo on Mountbatten Route in District 15. A one-bedroom home on the first ground estimating 334 sq ft unit switched hands for $650,000, or $1,948 psf, on July 28. The deal goes beyond the previous record of $1,745 psf signed up in May, when a 355 sq ft unit was promoted for $620,000.
No new psf-price lows were reported during the time period in evaluation.
Sturdee Residences is a 99-year leasehold apartment on Beatty Road in District 8 that was finalized in 2019. The 305-unit condominium was developed by SL Capital, a branch of district real estate development firm Sustained Land. Situated near Farrer Park MRT Terminal, 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.
Three Three Robin is a property development by SC Global Developments which was completed in 2005. The store innovation has 36 units residency in a singular block. Units make up two- to four-bedders between 1,367 and 4,855 sq ft.
Mountbatten Lodge was finalised in 1998 with just 28 residential units. Apartments make up one- as well as two-bedders in between 280 and also 721 sq ft. The development rises throughout the upmarket residential surround that lines Mountbatten Road in the East Coast. Throughout the road from Mountbatten Lodge is Liv@MB, the upcoming 298-unit household project by Bukit Sembawang Estates.
Sturdee Residences likewise obtained a brand-new psf-price high throughout the period in evaluation with the deal 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 bought it from the developer in May 2016 for $752,400 ($1,792 psf), that indicates they made a growth of approximately $146,000 or 19% on the sale. The transactions surpasses the recent psf-price strong at Sturdee Residences logged in June, the moment a 420 sq ft condo was marketed for $888,000 or $2,115 psf.
