3-Bedder Unit at Sommerville Grandeur Sold for $1.69 mil Profit

The most lucrative deal throughout the week of Jan 5 to 12 was that the purchase of a 1,830 sq ft three-bedroom unit in Sommerville Grandeur at District 10. Retailing for $1.59 million ($869 psf) in February 1995 and marketed on Jan 8 to $3.28 million ($1,792 psf), the second-storey unit created that the seller that a 106% earnings of $1.69 million, or even a 2.8% annualised profit within 26 decades.

Target to launch in H12021, and register for official Parc Greenwich ebrochure to be obtain showflat appointment.

Located inside a five-minute stroll from Farrer Road MRT Station, it was finished in 1996 from Sommerville Properties. It has facilities like a fitness center, sauna and park.

The purchase is the 2nd most rewarding deal at Sommerville Grandeur up to now. The most lucrative trade at the evolution was that the purchase of a fourth-floor, three-bedroom unit. The seller made a gain of $1.72 million after selling the device for $3.04 million ($1,660 psf) at October 2012, 131/2 years after it was purchased in February 1999 for $1.32 million ($721 psf).

The 2nd most rewarding deal of this week was that the sale of a 2,131 sq feet, three-bedroom unit in Dairy Farm Estate in District 23. The vendor made a 126% gain of $1.35 million, which translates into an annualised gain of 3.2% over nearly 26 decades.
Dairy Farm Estate is a 477-unit condo which has been finished in 1989. Located close to the intersection of Dairy Farm Road and Upper Bukit Timah Road, It’s a four-minute stroll from Hillview MRT Station. There were two collective sale efforts made for its growth, initially in 2007 and in 2018, to no avail.

The next top advantage of this week has been attained by the vendor of a four-bedroom unit in Park Infinia at Wee Nam, a 486-unit freehold condo near Newton MRT Station. The seller consequently obtained a 61% gain of $1.12 million, which can be annualised in 4.2% over 111/2 decades.

Produced by Keppel Land Realty, it had been finished in 2008. The property is located within 1km of high schools like St Joseph Institution Junior, Anglo-Chinese School (Junior), and Anglo-Chinese School (Barker Road).

The sale has become the most lucrative deal in the growth since this past year, that saw six lucrative transactions ranging from $190,000 to $933,248. The maximum profit listed at Park Infinia at Wee Nam was in the sale of a 3,240 sq feet, four-bedroom penthouse on the 29th floor, that brought the seller a gain of $2.71 million. The device was bought in August 2005 for $2.4 million ($741 psf) and marketed in September 2017 for about $ 5.1 million ($1,577 psf). The benefit is annualised in 6.4% over 12 decades.