Three Three Robin reaches new high of $2,465 psf
Three Robin, a freehold residence on Robin Road in top District 10, topped the listing of condominiums that discovered a fresh 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 floor for $3.9 million, or $2,465 psf, on July 28. The deal marks the first time the property development has crossed the $2,400 psf threshold, and beats the former high of $2,389 psf set in March 2022 the minute a 1,582 sq ft unit switched hands for $3.78 million.
Mountbatten Lodge was finished in 1998 with solely 28 household units. Apartments consist of one- as well as two-bedders between 280 and also 721 sq ft. The project lies within the upmarket non commercial enclave that lines Mountbatten Road in the East Coast. Across the road from Mountbatten Lodge is Liv@MB, the upcoming 298-unit domestic property development by Bukit Sembawang Estates.
The unit offered on July 28 is the first residence at Three Robin to shift hands this year. Prior to that, the most more recent resale transaction at the property occurred a year back when a 1,636 sq ft unit on the 8th floor retrieved $3.75 million ($2,292 psf) in July 2022.
Based on caveats lodged with URA, the unit sold on July 28 had been bought by the vendor from the builder in September 2004 for $1.69 million ($1,067 psf). This suggests they made a profit of $2.21 million (131%) on the purchase.
Three Three Robin is a property development by SC Global Developments which was carried out in 2005. The store innovation has already 36 units flat in a singular block. Units make up 2- to four-bedders in between 1,367 and 4,855 sq ft.
Sturdee Residences likewise achieved a brand-new psf-price high during the duration in evaluation with the revenue 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 level had bought it from the developer in May 2016 for $752,400 ($1,792 psf), which indicates they made a boost of approximately $146,000 or 19% on the sale. The transaction surpasses the previous psf-price high at Sturdee Residences logged in June, when a 420 sq ft apartment was offered for $888,000 or $2,115 psf.
One more project that met a new psf-price high is Mountbatten Lodge, a freehold condominium on Mountbatten Road in District 15. A one-bedroom apartment on the very first level measuring 334 sq ft unit switched hands for $650,000, or $1,948 psf, on July 28. The deal exceeds the previous report of $1,745 psf signed up in May, when a 355 sq ft unit was sold for $620,000.
No brand-new psf-price lows were noted throughout the time period in review.
Sturdee Residences is a 99-year leasehold apartment on Beatty Street in District 8 that was completed in 2019. The 305-unit apartment was created by SL Capital, a subordinate of neighborhood building development firm Sustained Land. Located close to Farrer Park MRT Terminal, the property 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.
