The vendor of a unit in Heritage Apartments situated on 4 Ardmore Park created the top profit of $4.8 million on the week end of March 10 to 17. The seller consequently created a 120% gain, or an annualised gain of 6%, over 14 decades.
Review on UOL and UIC emerged as Clavon developer.
Heritage Apartments is situated in District 10 and was finished in 1994 using 19 residential components. The freehold land in the Orchard Road area is a 12-minute stroll to Orchard MRT Station on the North-South Line.
The 2nd top advantage made over the week was with a unit in Regency Park at River Valley. The vendor netted a 123% gain of $3.58 million. This usually means that the vendor made an annualised gain of 5% over 15 decades.
Regency Park is a freehold land with 25 storeys and 292 units performed in 1987. It’s a 15-minute walk into the coming Orchard Boulevard MRT Station on the Thomson-East Coast Line, which is anticipated to be finished next year.
A unit sold in The Calrose along Balmoral Park at District 10 produced the third biggest profit within the week, in a 138% profit of $1.78 million. The vendor consequently made an annualised gain of 6% over near 15 decades.
The Calrose is a freehold condo that contains five storeys and 421 units. Finished in 1987, It’s a 17-minute stroll into Yio Chu Kang MRT Station on the North-South Line.
On the flip side, the best loss incurred within the week was out of the resale value of a 1,152 sq ft unit on the 12th floor in The Cape. It had been marketed for $1.97 million (1,710 sq feet ) on March 16. The device was purchased in April 2012 for $2.42 million ($2,100 sq feet ). This usually means the seller endured a 19% reduction of 448,920. Within a holding period of almost eight decades, this equates to an annualised reduction of 3%.
The Cape is a freehold condo with 76 residential components. Finished in 2014, It’s a Brief drive to Parkway Parade along with East Coast Park. It’ll be a five-minute stroll into Tanjong Katong MRT Station on the Thomson-East Coast Line, which is slated for completion at 2023.