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The sale of the 1,615-square-foot unit generated the highest profit at Botanic Gardens View (Credit: Samuel Isaac Chua / The Singapore Edge)"data-reactid =" 27 ">
The sale of the 1,615-square-foot unit generated the highest profit at Botanic Gardens View (Credit: Samuel Isaac Chua / The Singapore Edge)
A unit sold to Botanic Gardens View earned the highest profit of $ 3.03 million for the week of October 16-23. It is also the highest profit achieved through the resale of the project.
The 1,615 square foot unit on the first floor was purchased for $ 930,000 in September 2001 and sold for $ 3.96 million on October 16. The seller made a profit of 326%, an annualized profit of 9%, after keeping the unit for 17.1 years.
Botanic Gardens View, in Taman Serasi, is located near Cluny Road in District 10 of choice. It is close to reputable schools such as Raffles Girls High School and Crescent Girls High School.
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A resale at Crystal Court on River Valley Road generated a gain of $ 1.145 billion (Credit: Samuel Isaac Chua / The Edge Singapore)"data-reactid =" 47 ">
A resale at Crystal Court on River Valley Road generated a gain of $ 1.145 billion (Credit: Samuel Isaac Chua / The Edge Singapore)
At the same time, the second largest gain – a profit of $ 1.145 million – to 99% – was recorded at Crystal Court on River Valley Road, a 15-minute walk from the Tiong Bahru MRT station. The seller purchased the second-floor, second-floor, three-bedroom unit at a price of $ 1.155 million in May 2002, for $ 2.3 million on October 17. In 16.4 years, he achieved an annualized return of 4% profit.
The third most profitable transaction of the week in review was held at Toh Tuck Lodge, posting a 162% profit of $ 1.1 million. The 2,454 square feet of the fifth floor were purchased for $ 680,000 in January 2012 and sold for $ 1.78 million on October 22. After 6.8 years, the seller pocketed an annualized profit of 15%. The development on Toh Tuck Road is a 12-minute walk from Beauty World Subway Station.
On the other hand, the largest loss came from a resale transaction at Cityscape @ Farrer Park, on Mergui Road, in District 8. The seller suffered a 7% loss of $ 136,500 after having sold the 1,378 square foot three-bedroom unit for $ 1.78 million October 16. The 14th floor unit was purchased for $ 1.92 million in June 2013. This means that, over a period of 5.3 years, the seller experienced an annualized loss of 1%. The development is a 10-minute walk from the Farrer Park MRT station.
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