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

Three Robin, a freehold condominium on Robin Road in prime District 10, topped the list of condominiums that viewed 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 level for $3.9 million, or $2,465 psf, on July 28. The purchase marks the very first time the project has gone across the $2,400 psf limit, and defeats the previous high of $2,389 psf started March 2022 the minute a 1,582 sq ft unit altered hands for $3.78 million.

The unit sold on July 28 is the very first residence at Three Robin to change hands this year. Before that, the most latest resale purchase at the project happened a year previously when a 1,636 sq ft unit on the 8th ground fetched $3.75 million ($2,292 psf) in July 2022.

Sturdee Residences is a 99-year leasehold apartment on Beatty Road in District 8 that was completed in 2019. The 305-unit condominium was created by SL Capital, a branch of neighborhood building project firm Sustained Land. Situated close to Farrer Park MRT Station, 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.

Three Three Robin is a project by SC Global Developments which was finalized in 2005. The shop innovation has already 36 units residency in a solo block. Units consist of 2- to four-bedders in between 1,367 and 4,855 sq ft.

Sturdee Residences additionally accomplished a brand-new psf-price high in the course of the duration 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 level had bought it from the property developer in May 2016 for $752,400 ($1,792 psf), that suggests they made a boost of around $146,000 or 19% on the sale. The dealing surpasses the last psf-price strong at Sturdee Residences logged in June, the moment a 420 sq ft flat was offered for $888,000 or $2,115 psf.

No brand-new psf-price lows were noted throughout the period in review.

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

Mountbatten Lodge was completed in 1998 with solely 28 household units. Condominiums consist of one- and two-bedders between 280 and 721 sq ft. The development rises within the upmarket residential surround that lines Mountbatten Road in the East Coast. Across the road from Mountbatten Lodge is Liv@MB, the upcoming 298-unit household project by Bukit Sembawang Estates.

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Another property development that hit a brand-new psf-price high is Mountbatten Lodge, an estate apartment on Mountbatten Route in District 15. A one-bedroom flat on the first ground measuring 334 sq ft unit switched hands for $650,000, or $1,948 psf, on July 28. The deal surpasses 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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