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

a freehold condo on Robin Road in prime District 10, Three Three Robin, champed saw a new record price of psf between July 28 and Aug 1, topping the list of condos transaction. the sale of a 1,582 sq ft, three-bedroom unit on the sixth floor for $3.9 million, or $2,465 psf, on July 28 break the record. This is the first time the development has broken the $2,400 psf benchmark, and triumphing the previous record of $2,389 psf set in March 2K22 when a 1,582 sq ft unit changed hands for $3.78 million. the unit sold on July 28 had previously bought by the seller in September 2004 from the developer for $1.69 million ($1,067 psf), translating to a gross profit of $2.21 million (131%) on the transaction. Proudly developed by SC Global Developments, Three Three Robin, a boutique development with 36 units, was completed in 2005. Three Three Robin saw the first transaction this year with the sale of the 3 bedroom unit. the most recent resale transaction at the development occurred a year ago prior to this is when a 1,636 sq ft unit on the eighth floor fetched $3.75 million ($2,292 psf) in July 2K22.

Sturdee Residences near Farrer Park MRT also achieved break the record PSF for one bedder with the sale of a 420 sq ft unit for $898,888, or $2,141 psf, on Aug 1. the one-bedroom seller for the 27th floor unit previously purchased it from the developer in May 2K16 for $752,400 ($1,792 psf), which means they made a gross capital appreciation of about $146,000 or 19% on the deal. the previous psf-price high at Sturdee Residences logged in June, when a 420 sq ft apartment was sold for $888,000 or $2,115 psf is then broken by this latest transaction. Sturdee Residences is a 99-year leasehold condo in District 8 off Beatty Road that obtain TOP in 2K19. developed by SL Capital, a subsidiary of local property development company Sustained Land, the 305 units condominium is Located close to Farrer Park MRT Station. the District 8 project has 2 tower of 30-storey block with a mix of one- to five-bedroom units that range from 420 to 1,830 sq ft.

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