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

The unit offered on July 28 is the very first residence at Three Robin to shift hands this year. Before that, the most more recent resale purchase at the development took place a year previously when a 1,636 sq ft unit on the 8th floor brought $3.75 million ($2,292 psf) in July 2022.

Sturdee Residences likewise accomplished a new psf-price high during the time period in assessment with the sale of a 420 sq ft unit for $898,888, or $2,141 psf, on Aug 1. The seller of the one-bedroom unit on the 27th ground had purchased it from the developer in May 2016 for $752,400 ($1,792 psf), which suggests they made a boost of about $146,000 or 19% on the sale. The transactions defeats the recent psf-price high at Sturdee Residences logged in June, the second a 420 sq ft apartment was offered for $888,000 or $2,115 psf.

Lakegarden Residences floor plan

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

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

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 between July 28 and Aug 1. This was accomplished with the sale of a 1,582 sq ft, three-bedroom unit on the sixth level for $3.9 million, or $2,465 psf, on July 28. The transaction marks the first time the property development has actually traversed the $2,400 psf threshold, and also defeats the previous high of $2,389 psf started March 2022 when a 1,582 sq ft unit switched hands for $3.78 million.

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

No brand-new psf-price lows were reported during the time period in evaluation.

Mountbatten Lodge was completed in 1998 with just 28 non commercial units. Condos comprise one- and also two-bedders between 280 and also 721 sq ft. The project lies 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.

Another development that met a brand-new psf-price high is Mountbatten Lodge, a property condo on Mountbatten Route in District 15. A one-bedroom residence on the initial floor measuring 334 sq ft unit altered 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.

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