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

Three Robin is a property development by SC Global Developments which was finished in 2005. The store enhancement has already 36 units residency in a single block. Units make up 2- to four-bedders in between 1,367 and 4,855 sq ft.

Sturdee Residences is a 99-year leasehold condo on Beatty Road in District 8 that was finished in 2019. The 305-unit condominium was developed by SL Capital, a branch of neighborhood property development business Sustained Land. Located close to Farrer Park MRT Terminal, the property is a 30-storey twin-tower venture with a mix of one- to five-bedroom units that vary from 420 to 1,830 sq ft.

Mountbatten Lodge was done in 1998 with just 28 non commercial units. Apartments consist of one- as well as two-bedders between 280 and 721 sq ft. The development rises in just the upmarket residential surround that lines Mountbatten Road in the East Coast. Throughout the route from Mountbatten Lodge is Liv@MB, the upcoming 298-unit residential development by Bukit Sembawang Estates.

Sturdee Residences likewise achieved a brand-new psf-price high during the duration in review with the transaction 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 level had acquired it from the property developer in May 2016 for $752,400 ($1,792 psf), which suggests they made a gain of about $146,000 or 19% on the sale. The dealing beats the last psf-price strong at Sturdee Residences logged in June, the moment a 420 sq ft flat was marketed for $888,000 or $2,115 psf.

TMW Maxwell condo

Another project that hit a new psf-price high is Mountbatten Lodge, an estate condominium on Mountbatten Route in District 15. A one-bedroom residence on the first ground evaluating 334 sq ft unit switched hands for $650,000, or $1,948 psf, on July 28. The deal exceeds the previous record of $1,745 psf signed up in May, when a 355 sq ft unit was offered for $620,000.

The unit sold off on July 28 is the first condo at Three Robin to change hands this year. Prior to that, one of the most latest reselling transaction at the development took place a year previously when a 1,636 sq ft unit on the eighth ground fetched $3.75 million ($2,292 psf) in July 2022.

Three Three Robin, a freehold condo on Robin Road in top District 10, reached the list of condominiums that saw an updated psfprice high between July 28 and Aug 1. This was attained with the sale of a 1,582 sq ft, three-bedroom unit on the 6th ground for $3.9 million, or $2,465 psf, on July 28. The proceeding notes the first time the development has actually traversed the $2,400 psf limit, and even beats the past high of $2,389 psf set in March 2022 the minute a 1,582 sq ft unit switched hands for $3.78 million.

Based on caveats lodged with URA, the unit sold on July 28 had been purchased by the vendor from the developer in September 2004 for $1.69 million ($1,067 psf). This indicates they made a growth of $2.21 million (131%) on the deal.

No brand-new psf-price lows were noted during the duration in assessment.

error: Content is protected !!