The most lucrative resale handle the week of April 19 to 26 was the sale of a 1,518 sq ft, freehold four-bedroom house at The Sea View. It changed hands for $3.3 million ($ 2,150 psf) on April 21. The fourth-floor home was originally bought for $1.1 million ($ 735 psf) in November 2006. Therefore, the seller gained a revenue of $2.2 million (193%), equating to a 7.2% annualised earnings over a period of 15 1/2 years
Amo Residences Ang Mo Kio Showflat Preview by United Venture Development
The Panorama showflat is reopening today with a new one-bedroom unit. The showflat was closed for a revamp in mid-March, but has since sold four units at a median price of $1,343 psf. Prices for this upcoming project may drop as much as 10 per cent. To kick-start sales, a one-bedder at The Panorama could go for $565,000, while a two-bedder can fetch up to $820,000 and a three-bedder will go for $1,175,000.
The Panorama is located near the Mayflower MRT station and bus interchange. It is also accessible to Central Expressway, Tampines Expressway, and Seletar Expressway. It is also just minutes away from famous shopping and dining destinations such as Orchard Road, Seletar Mall, and the Ang Mo Kio Hub. The best part is that you can buy your dream home from the developer at the lowest price.
Finished in 2008, the 546-unit property condominium is located on Amber Road in prime District 15. When it was first released in mid-2005, it was the initial personal condominium by the former Wheelock Properties (relabelled Wharf Estates (Singapore) in 2020) that lies outside prime Districts 9, 10 as well as 11, which was typically it’s playing field.
District 15 in the East Coast is thought about the following most prominent area outside the typical prime Districts 9, 10 and also 11. East Coast Park is within a brief walk or bike flight from The Sea View, and also mall in the vicinity include Parkway Parade and I12 Katong. The upcoming Marine Parade MRT Station on the Thomson- East Coast Line lies close by. The advancement lies within a 10- to 15-minute drive of the CBD as well as Changi Airport.
Rates as The Sea View have gotten on an upwards pattern over the past 5 years.
According to EdgeProp Market Research, the typical cost of units cost The Sea View has actually enhanced concerning 27.5% over the past five years to $2,204 psf in May to date, from $1,729 psf in June 2017
The most successful offer took area in April 2021, when a 2,809 sq feet, five-bedroom device transformed hands for $5 million ($ 1,780 psf). It had been purchased for half the cost – $2.5 million ($ 897 psf)– in October 2005.
At Meyer Road, one more prime District 15 territory, is the 504-unit condominium, The Makena. The freehold condominium was created by Hong Leong Holdings as well as finished in 1998. It lies within strolling distance of the upcoming Tanjong Katong MRT Station on the Thomson-East Coast Line.
Three-bedroom freehold apartment or condo at Cliveden at Grange made a loss of $2.6 million throughout the week of April 19 to 26
The latest deal at The Makena was the sale of a 1,582 sq ft, four-bedroom device for $2.9 million ($1,839 psf), according to a caution lodged on April 20. The device was previously bought for $1 million ($613 psf) in August 2005.
This deal is one of the most lucrative deal videotaped at The Makena. The second most rewarding deal happened in August 2021, with the sale of a 1,636 sq ft, four-bedroom device for $2.7 million ($1,650 psf). The system had formerly altered hands for $1.2 million ($760 psf) in June 2004, according to URA Realis. The seller for that reason earned a profit of $1.5 million (117.1%), converting to an annualised earnings of 4.5% over 17 years.
On the other hand, one of the most unlucrative bargain for the week in evaluation was for the sale of a 2,153 sq ft, three-bedroom apartment at Cliveden at Grange. The unit fetched $5.7 million ($2,648 psf) in an offer on April 21; as well as was previously purchased for $8.3 million ($3,875 psf) in August 2007. The $2.6 million (31.7%) loss converted to an annualised loss of 2.6% over more than 14 1/2 years.
Cliveden at Grange was developed by City Developments and completed in 2011. It lies in the respected Grange Road area.
The most rewarding offer took place in April 2021, when a 2,809 sq feet, five-bedroom device altered hands for $5 million ($ 1,780 psf). The most current purchase at The Makena was the sale of a 1,582 sq ft, four-bedroom system for $2.9 million ($1,839 psf), according to a caution lodged on April 20. The second most rewarding transaction happened in August 2021, with the sale of a 1,636 sq ft, four-bedroom device for $2.7 million ($1,650 psf). The seller consequently made a revenue of $1.5 million (117.1%), equating to an annualised revenue of 4.5% over 17 years.
The unit brought $5.7 million ($2,648 psf) in an offer on April 21; and also was previously acquired for $8.3 million ($3,875 psf) in August 2007.
Novo Place EC, developed by Hoi Hup Realty, is an upcoming executive condo located at Plantation Close, just a stone’s throw away from Jurong East MRT Station. With its prime location, residents can enjoy easy access to a variety of amenities such as shopping malls, restaurants, and schools. The development will feature modern and luxurious facilities for its residents, including a swimming pool, fitness center, and communal spaces. Novo Place EC is the perfect choice for families looking for a comfortable and convenient home. Interested buyers can visit the official website Novo Place EC to learn more about the project and its available units.