The purchase of a three-bedroom apartment in Avalon proved to be the best-performing condo resale during the period between July 18 and 25 based on caveats filed with URA. The 1,765 sq ft apartment located on the third floor was sold at $4.3 million ($2,436 per square foot) on the 19th of July. The unit was purchased from the vendor in April of 2016 in April 2016 for $2.46 million ($1,394 per sq ft) This means that they earned profits that was $1.84 million. This is an increase of 75% for a time longer than 7 years.
Pinetree Hill floor plan pdf equivalent to $1,318 per square foot per plot ratio (psf ppr).
This is the highest-profit sale which has been conducted at the project to date. This is higher than the previous record, set in January 2022 when an area of 1,765 square feet located on the second floor was sold for $3.39 million ($1,920 per sq ft). The seller purchased the unit at $1.6 million ($906 per sq ft) on October 5, 2005. They realized a profit of $1.79 million on the deal.
The sale on July 19 also marked a new psf price record for the development, and marks the first time an apartment at Avalon has reached the $2,400 mark for psf. This surpasses the previous high of $2,338 set in the month of November 2022. a 1,668 sq feet unit sold for $3.9 million.
The sale of a 3-bedroom apartment in Avalon is the highest-profit condo resales during the period between July 18 and 25 based on caveats that were filed with URA. The 1,765 square feet unit located on the third floor was sold in the amount of $4.3 million ($2,436 per sq ft) on the 19th of July. The property was bought through the sale in of 2016 at $2.46 million ($1,394 per sq ft) This means that they made profits in the amount of $1.84 million. This amounts to 75% for a time longer than 7 years.
It is the most profitable deal to resell which has been conducted at the project to date. It is more profitable than the previous record, set in January 2022. the 1,765 square feet unit on the second floor sold for $3.39 million ($1,920 per square foot). The seller bought the unit at $1.6 million ($906 per square foot) on October 5, 2005. They earned $1.79 million from the sale.
The sale on July 19 also marks a record psf-price highest for the Avalon development and is the first time that an apartment at Avalon has surpassed the $2,400 threshold for psf. This is higher than the previous record of $2,338 psf that was set in the month of November 2022. the 1,668 square feet unit sold for $3.9 million.
The Petals is a condo that was freehold that was completed at the end of 2002 and owned through Frasers Property. It is located at Hillview Avenue, close to the Bukit Batok estate, a residential area in District 23, The Petals is comprised of six 10-storey blocks. There are 270 units, comprised of threeand four-bedders that range from 1,023 and 4,402 square feet.
The most profitable deal of the week under the review took place in Devonshire Residences. A 506 sq ft one-bedroom apartment on the 18th floor was sold at $1.12 million ($2,214 per square foot) on the 20th of July. The buyer purchased the unit on May 11, 2011 from developer developer at $1.31 million ($2,593 per sq ft). In the process, they suffered an expense in the amount of $191,600 (15%) across a time period of more than 12 years.
There has been one resale sale recorded on the property Devonshire Residences to date this year, and it was at a lower price than the unit’s purchase. A 807 sq ft apartment located on the 23rd floor was sold at $1.42 million ($1,755 per square foot) on the 13th of March. The unit was purchased through the sale as a brand new unit in April 2011, for $1.64 million ($2,035 per square foot). The seller incurred an approximate loss of $220,000 in the purchase.
Devonshire Residences is a freehold development developed by Oxley Holdings which was completed in the year 2015. The 25-storey building includes 85 units, which are one-bedroom apartments that range between 495 and 829 sq feet. Penthouses with one bedroom are also available. units, each with a rooftop terrace. The sizes are available from 818 to 1,055 square feet.