Three Three Robin reaches new high of $2,465 psf
Sturdee Residences is a 99-year leasehold condominium on Beatty Street in District 8 that was finalized in 2019. The 305-unit condominium was created by SL Capital, a subsidiary of district property project company Sustained Land. Found close to Farrer Park MRT Station, the property development is a 30-storey twin-tower plan with a mix of one- to five-bedroom units that range from 420 to 1,830 sq ft.
Mountbatten Lodge was completed in 1998 with solely 28 residential units. Condominiums comprise one- as well as two-bedders in between 280 and also 721 sq ft. The development rises throughout the upmarket residential enclave that lines Mountbatten Roadway in the East Coast. Throughout the route from Mountbatten Lodge is Liv@MB, the upcoming 298-unit residential project by Bukit Sembawang Estates.
Three Three Robin is a development by SC Global Developments which was finished in 2005. The store enhancement has 36 units housed in a singular block. Units consist of 2- to four-bedders in between 1,367 and 4,855 sq ft.
Sturdee Residences additionally attained a new psf-price high throughout the period in review 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 acquired it from the property developer in May 2016 for $752,400 ($1,792 psf), which means they made a gain of approximately $146,000 or 19% on the sale. The transactions defeats the past psf-price strong at Sturdee Residences logged in June, the moment a 420 sq ft condo was offered for $888,000 or $2,115 psf.
Another property development that hit a brand-new psf-price high is Mountbatten Lodge, an estate condo on Mountbatten Route in District 15. A one-bedroom home on the very first ground estimating 334 sq ft unit switched hands for $650,000, or $1,948 psf, on July 28. The transaction surpasses the previous file of $1,745 psf signed up in May, when a 355 sq ft unit was offered for $620,000.
The unit sold on July 28 is the very first apartment at Three Robin to alter hands this year. Prior to that, the most more recent reselling deal at the project occurred a year ago when a 1,636 sq ft unit on the eighth ground retrieved $3.75 million ($2,292 psf) in July 2022.
Based upon caveats lodged with URA, the unit sold on July 28 had been acquired by the seller from the developer in September 2004 for $1.69 million ($1,067 psf). This implies they made a boost of $2.21 million (131%) on the transaction.
Three Three Robin, a freehold residence on Robin Road in top District 10, climbed the list of condominiums that found an updated psfprice high between July 28 and Aug 1. This was achieved 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 transaction marks the very first time the project has traversed the $2,400 psf limit, and even defeats the former high of $2,389 psf set in March 2022 when a 1,582 sq ft unit switched hands for $3.78 million.
No brand-new psf-price lows were reported during the time period in assessment.
