Five-bedder at Pandan Valley clocks price gain of $3.2 mil

A four-bedroom device at St Regis Residences determining 2,142 sq ft was cost $5 million on Aug 5.
The second most unprofitable deal took area at St Regis Residences. Created collectively by Hong Leong Holdings, City Developments as well as Japanese residential property team Mitsui Fudosan, the 999-year leasehold growth is made up of 173 high-end homes as well as the 299-key St Regis Hotel Singapore.

For the week of July 26 to Aug 2, one more three-bedroom apartment or condo at Helios Residences, a bigger 1,668 sq ft system on the 9th floor, was cost $3.7 million ($2,218 psf), according to a caveat lodged in July. The system had fetched over $4.9 million ($2,948 psf) in July 2011.

The system that altered hands just recently at St Regis Residences was a 2,142 sq ft, four-bedroom system on the 17th floor. It was sold for $5 million (or $2,334 psf) on Aug 5. When the project was launched in 2006, the system was last purchased for $5.232 million ($2,443 psf).

An 11th-floor system at Helios Residences was sold for $3 million (or $2,284 psf) on Aug 5, showing a 21.6% markdown after a 15-year holding duration.

Tengah EC Developer

The 4,585 sq feet device altered hands on Aug 3 for $5.1 million (or $1,112 psf), based on cautions lodged. Found on the 8th flooring, the system was previously purchased at $1.9 million (or $410 psf) more than 25 years back, in May 1997. With over 1,000 units in overall and the sheer land dimension of over one million sq feet, the growth has gone through 3 en bloc efforts, with the most recent attempt being in 2021. The 11th-floor device was formerly acquired for $3.826 million in July 2007, at the height of the last home boom. The system was last bought for $5.232 million ($2,443 psf) when the task was released in 2006.

The 4,585 sq ft unit changed hands on Aug 3 for $5.1 million (or $1,112 psf), based on caveats lodged. Found on the 8th floor, the unit was formerly purchased at $1.9 million (or $410 psf) even more than 25 years ago, in May 1997.

Established by Wing Tai Holdings, the estate advancement was finished in 2011 with an overall of 140 units. Located in the Cairnhill territory in prime District 9, it is in the area of the Orchard Road purchasing belt. Newton MRT Interchange Station for the North-South as well as Downtown Lines is located nearby.

Completed in 1979 with a total of 605 devices, the 14-storey property condo was developed by the former DBS Realty (now CapitaLand). The growth is located off Ulu Pandan Road in District 21. Pandan Valley lies near Pine Grove (Parcel A), a 242,564 sq ft, 99-year leasehold government land sale (GLS) website that was sold to a joint venture in between UOL Group as well as Singapore Land Group for $671.5 million ($ 1,318 psf per story proportion) in June. The developers are anticipated to develop a new condo of about 520 units on the website.

The most unlucrative purchase was for a 1,313 sq ft, three-bedroom device at Helios Residences. The device was cost $3 million (or $2,284 psf) on Aug 5 The 11th-floor device was formerly purchased for $3.826 million in July 2007, at the elevation of the last building boom. The sale mirrors a 21.6% markdown after a 15-year holding duration.

The second most lucrative deal of the week happened at Mandarin Gardens. Finished in 1986, the 99-year leasehold condo is found off Siglap Road in the Marine Parade location in District 15.

The 4,585 sq ft, five-bedroom system at Pandan Valley altered hands on Aug 3 for $5.1 million

A three-bedroom unit at Mandarin Gardens was sold on Aug 2 and reaped a gain of $1.5 million
With over 1,000 devices in total and also the large land dimension of over one million sq ft, the advancement has undergone 3 en bloc efforts, with one of the most current attempt being in 2021. Siglap MRT Station on the Thomson-East Coast Line, slated for conclusion in 2024, will certainly be a five- to 10-minute walk away. Next door is the 843-unit, 99-year leasehold Seaside Residences by Frasers Property that is completely sold as well as finished in 2021.

The 1,572 sq ft, three-bedroom device at Mandarin Gardens was sold on Aug 2 for $2.1 million (or $1,349 psf). It had actually previously altered hands for $575,000 (or $366 psf), translating to a funding gain of $1.545 million or 269%.