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

Based upon cautions lodged with URA, the unit offered on July 28 had been bought by the seller from the builder in September 2004 for $1.69 million ($1,067 psf). This suggests they made a gain of $2.21 million (131%) on the purchase.

A different development that met a brand-new psf-price high is Mountbatten Lodge, a freehold condominium on Mountbatten Route in District 15. A one-bedroom flat on the very first floor estimating 334 sq ft unit altered hands for $650,000, or $1,948 psf, on July 28. The purchase exceeds the previous report of $1,745 psf signed up in May, when a 355 sq ft unit was promoted for $620,000.

Sturdee Residences is a 99-year leasehold condominium on Beatty Road in District 8 that was finished in 2019. The 305-unit condo was established by SL Capital, a subsidiary of local building development company Sustained Land. Situated near Farrer Park MRT Terminal, the development is a 30-storey twin-tower venture with a blend of one- to five-bedroom units that vary from 420 to 1,830 sq ft.

Three Three Robin, a freehold condominium on Robin Road in prime District 10, climbed the selection of condominiums that found a new 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 floor for $3.9 million, or $2,465 psf, on July 28. The transaction marks the first time the property development has moved across the $2,400 psf threshold, and also defeats the previous high of $2,389 psf set in March 2022 the minute a 1,582 sq ft unit changed hands for $3.78 million.

No new psf-price lows were reported throughout the period in evaluation.

The unit sold on July 28 is the initial apartment at Three Robin to switch hands this year. Prior to that, the most recent resale deal at the property happened a year back when a 1,636 sq ft unit on the eighth level brought $3.75 million ($2,292 psf) in July 2022.

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Sturdee Residences additionally attained a brand-new psf-price high during the duration in assessment with the sale 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 ground had purchased it from the property developer in May 2016 for $752,400 ($1,792 psf), that means they made a boost of approximately $146,000 or 19% on the sale. The dealing beats the past psf-price strong at Sturdee Residences logged in June, the moment a 420 sq ft apartment was sold for $888,000 or $2,115 psf.

Three Three Robin is a property development by SC Global Developments which was carried out in 2005. The shop innovation has already 36 units residency in a single block. Units comprise 2- to four-bedders between 1,367 and 4,855 sq ft.

Mountbatten Lodge was finished in 1998 with solely 28 residential units. Condominiums comprise one- and two-bedders in between 280 and also 721 sq ft. The growth is located within 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 property development by Bukit Sembawang Estates.