The Anchorage sold a three-bedroom apartment for $1.73 million

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A three-bedroom apartment located at The Anchorage, a freehold condominium located on Alexandra Road in District 3 has recorded the highest-profit sale of a condo in the period from May 9-16. The caveats are that were filed on the 23rd of May. The 1,830 square foot apartment on the fourth floor sold at $3.14 million ($1,715 per sq ft) the 12th of May with the seller getting $1.73 million. The unit was purchased at $1.41 million ($770 per square foot) on July 27, 1997. They made an of 123% capital gain over the course of close to 26 years.

Anchorage Anchorage is an exclusive freehold property from Frasers Property with 775 units in five residential blocks. It was completed in 1995. was the first residential project and was a renovation of F&N’s former Anchor Brewery site. The condominium is located near The Anchorpoint Shopping Centre, which is situated opposite Ikea Alexandra. The property is also within a 10-minute walk from Queenstown MRT Station. Queenstown MRT Station on the East-West Line.

Seven other sold-to-resales transactions on The Anchorage this year, each of them profitable for their respective sellers. The units, which range between 1,173 and 1,830 sq feet, sold for between $1.95 million to $3.2 million, which is between $1,662 and $1,837 per square foot. The seller earned gains that ranged from $320,000 the range of $1.73 million.

Casuarina Cove was the most profitable deal over the course of the week. It was the sale of the 1,528 square foot three-bedroom house at $2.34 million ($1,530 per sq ft) on May 15th. The buyer purchased the buyer for $928,000 ($607 per sq ft) during April of 2002. This resulted in an income in the amount of $1.4 million (152%) after holding the property for a little more than 21 years.

This is the highest-profit deal on the market at Casuarina Cove, according to information gathered through EdgeProp Research. EdgeProp Research tool. This beats the previous record, set in October. The seller of a 1,216 square foot unit located on the eighth floor earned a profit that was $1.18 million after it was sold at $1.73 million ($1,422 per square foot).

CasuarinaCove is a 160-unit condominium owned by Keppel Land along Tanjong Rhu Road in District 15. The project was completed in 1996. 99-year leasehold property has one-to-four-bedroom units ranging from 753 to 2,949 square feet.

However, the least profitable transaction of the week under study was the auction of a 4-bedroom unit in Cliveden At Grange. The 2,842 square foot apartment was sold in the amount of $8.1 million ($2,850 per square foot) on the 15th of May. The unit was purchased from the vendor in August of 2007 at $9.5 million ($3,344 per sq ft) this means that they lost $1.4 million (or 15% during a hold time of almost 16 years.

Based on the data collected, the most profitable resale deal in Cliveden At Grange was that of a 2,153 square feet four-bedroom apartment that sold for $5.7 million ($2,648 per square foot) by April of 2022. The unit was bought at $8.34 million ($3,875 per square foot) on August 7, 2007. This means that the seller suffered record losses that was $2.64 millions (32%) over close to 15 years.

Cliveden at Grange is a luxury freehold condo located situated along Grange Road in prime District 10. The 110-unit complex is situated near Orchard Road, which is the Orchard Road shopping belt, in addition adjacent to other luxury residential developments on Orchard Boulevard and Cuscaden Road.