The vendor of a unit at Leighwoods, alongside Mount Sinai Rise, made the pinnacle achieve of $1.9 million over the week of May 5 to 12. The 2,217 sq feet unit on the 2d ground was once offered for $980,000 ($442 psf) in September 2005 and offered for $2.89 million ($1,299 psf) on May eleven The vendor consequently made a 194% profit, or an annualised earnings of 8% over nearly 15 years.
Mountbatten Residences price list reflects a land rate of $1,280 psf ppr factoring the top-up of about $60 million for extending the lease.
Located in District 10, Leighwoods was once done in 1985. The freehold improvement is a five-minute pressure to Dover MRT Station on the East-West Line.
The 2nd pinnacle attain made over the week — a 153% income of $1.1 million — was once at Euro-Asia Park, alongside Woodleigh Close. The 1,421 sq toes unit on the 1/3 ground used to be bought for $720,000 ($507 psf) in May 2009 and offered for $1.82 million ($1,281 psf) on May eight This potential that the vendor made an annualised earnings of 9% over eleven years.
Euro-Asia Park, in District 13, contains 163 freehold units. It used to be accomplished in 1996 and is a nine-minute stroll to Woodleigh MRT Station on the North-East Line.
On the different hand, the best loss incurred over the week in evaluate was once from the resale of a 710 sq toes unit at Sky Habitat in District 20. Having offered the property for $1.08 million ($1,520 psf) on May 8, the vendor suffered a 13% loss of $159,070. The unit used to be bought in April 2012 for $1.24 million ($1,744 psf). Over a maintaining duration of eight years, this interprets into an annualised loss of 2%.
Sky Habitat, alongside Bishan Street 15, includes 509 gadgets on a 99-year leasehold. Completed in 2015, it is seven minutes by means of foot to Bishan Interchange Station for the North-South and Circle Lines.