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

Completed in 1979 with a total amount of 605 systems, the 14-storey estate condominium was created by the previous DBS Realty (currently 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 marketed to a joint venture between UOL Group as well as Singapore Land Group for $671.5 million ($ 1,318 psf per plot ratio) in June. The programmers are anticipated to develop a brand-new condominium of concerning 520 units on the site.

The system that altered hands recently at St Regis Residences was a 2,142 sq ft, four-bedroom device on the 17th flooring. It was sold for $5 million (or $2,334 psf) on Aug 5. When the job was introduced in 2006, the unit was last bought for $5.232 million ($2,443 psf).

A four-bedroom device at St Regis Residences gauging 2,142 sq ft was sold for $5 million on Aug 5.
The 2nd most unlucrative offer took location at St Regis Residences. Created jointly by Hong Leong Holdings, City Developments and Japanese property team Mitsui Fudosan, the 999-year leasehold advancement is made up of 173 deluxe homes as well as the 299-key St Regis Hotel Singapore.

Copen Grand

At the same time, one of the most unprofitable deal was for a 1,313 sq ft, three-bedroom unit at Helios Residences. The unit was cost $3 million (or $2,284 psf) on Aug 5 The 11th-floor unit was formerly bought for $3.826 million in July 2007, at the elevation of the last home boom. The sale shows a 21.6% markdown after a 15-year holding duration.

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

Established by Wing Tai Holdings, the freehold growth was finished in 2011 with a total amount of 140 systems. Located in the Cairnhill enclave in prime District 9, it remains in the area of the Orchard Road shopping belt. Newton MRT Interchange Station for the North-South as well as Downtown Lines lies nearby.

The deal for a five-bedroom apartment at Pandan Valley clocked the largest rate gain for the week of Aug 2 to 9. The 4,585 sq ft device transformed hands on Aug 3 for $5.1 million (or $1,112 psf), based upon cautions lodged. Situated on the eighth floor, the system was formerly acquired at $1.9 million (or $410 psf) more than 25 years back, in May 1997. The proprietor enjoyed a resources gain of $3.2 million, or 171%.

For the week of July 26 to Aug 2, one more three-bedroom apartment at Helios Residences, a bigger 1,668 sq ft unit on the ninth flooring, was cost $3.7 million ($2,218 psf), according to a caution lodged in July. The device had actually fetched over $4.9 million ($2,948 psf) in July 2011.

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

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

A three-bedroom system at Mandarin Gardens was sold on Aug 2 and enjoyed a gain of $1.5 million
With over 1,000 systems in total and also the large land dimension of over one million sq ft, the development has actually undergone three en bloc efforts, with one of the most recent attempt remaining in 2021. Siglap MRT Station on the Thomson-East Coast Line, slated for completion in 2024, will be a five- to 10-minute leave. Next door is the 843-unit, 99-year leasehold Seaside Residences by Frasers Property that is totally sold and also completed in 2021.

The second most successful bargain of the week took place at Mandarin Gardens. Finished in 1986, the 99-year leasehold condominium is located off Siglap Road in the Marine Parade area in District 15.

The 4,585 sq ft system transformed hands on Aug 3 for $5.1 million (or $1,112 psf), based on caveats lodged. Found on the eighth floor, the system was previously bought at $1.9 million (or $410 psf) more than 25 years back, in May 1997. With over 1,000 systems in total as well as the sheer land size of over one million sq feet, the advancement has actually undergone 3 en bloc efforts, with the most recent effort being in 2021. The 11th-floor unit was previously bought for $3.826 million in July 2007, at the height of the last home boom. The device was last acquired for $5.232 million ($2,443 psf) when the task was introduced in 2006.

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