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

Mountbatten Lodge was finished in 1998 with just 28 household units. Apartments make up one- as well as two-bedders in between 280 and also 721 sq ft. The growth rises within the upmarket household surround that lines Mountbatten Road in the East Coast. Across the route from Mountbatten Lodge is Liv@MB, the upcoming 298-unit housing development by Bukit Sembawang Estates.

The unit sold on July 28 is the first condo at Three Robin to alter hands this year. Prior to that, one of the most latest resell purchase at the project took place a year previously when a 1,636 sq ft unit on the 8th level fetched $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 property developer in September 2004 for $1.69 million ($1,067 psf). This indicates they made a boost of $2.21 million (131%) on the purchase.

No brand-new psf-price lows were filed during the duration in assessment.

Sturdee Residences additionally attained a new psf-price high throughout the duration in assessment with the revenue of a 420 sq ft unit for $898,888, or $2,141 psf, on Aug 1. The merchant of the one-bedroom unit on the 27th floor had actually bought it from the property developer in May 2016 for $752,400 ($1,792 psf), which indicates they made a gain of approximately $146,000 or 19% on the sale. The transaction surpasses the previous psf-price high at Sturdee Residences logged in June, the moment a 420 sq ft apartment was marketed for $888,000 or $2,115 psf.

The Continuum condo price

Sturdee Residences is a 99-year leasehold condo on Beatty Road in District 8 that was completed in 2019. The 305-unit apartment was developed by SL Capital, a subsidiary of district real estate development business Sustained Land. Located close to Farrer Park MRT Terminal, the property development is a 30-storey twin-tower plan with a mix of 1- to five-bedroom units that vary from 420 to 1,830 sq ft.

A different property development that met a brand-new psf-price high is Mountbatten Lodge, a freehold apartment on Mountbatten Route 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 transaction exceeds the previous report of $1,745 psf registered in May, when a 355 sq ft unit was sold for $620,000.

Three Three Robin, a freehold condo unit on Robin Road in top District 10, climbed the list of condominiums that viewed a fresh 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 deal notes the very first time the development has gone across the $2,400 psf threshold, and even beats the former high of $2,389 psf set in March 2022 when a 1,582 sq ft unit changed hands for $3.78 million.

Three Three Robin is a property development by SC Global Developments which was finished in 2005. The boutique enhancement has already 36 units residency in a singular block. Units comprise two- to four-bedders between 1,367 and 4,855 sq ft.

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