Two Bedder Uprobertson Quay Sale 158 Mil
available at SRI’s upcoming auction on August 28, this 753 square feet unit is going for $1.58 million.Surrounded by top-notch facilities and amenities, this mortgagee sale presents an excellent opportunity to own property in this highly coveted residential area in prime District 9. The unit features a combined living and dining area, a kitchenette, and a shared bathroom. Uncommonly, it also boasts a built-in furniture deck over the kitchenette, adding a loft area that utilizes the 4.2m ceiling height. The current price for this unit translates to $2,098 psf, making it an incredible deal for such a desirable location.
The unit’s layout includes bifold doors that separate the shared bedroom from the living and dining areas, and also features an outdoor balcony that connects the bedroom and living room, with views overlooking the swimming pool. The en suite master bedroom has its own private access.
Up@Robertson Quay is a boutique development with 70 units that is centrally located in the Robertson Quay neighbourhood along the Singapore River in prime District 9. Developed by City Developments (CDL) and completed in 2016, the 10-storey leasehold condo offers one- to two-bedroom units ranging from 463 sq ft to 1,378 sq ft. The development is situated close to popular lifestyle and entertainment hubs such as Clarke Quay and Boat Quay, as well as the Civic District, Fort Canning Park, River Valley, and the CBD.
Adjacent to Up@Robertson Quay is M Social Singapore, a lifestyle hotel brand owned by Millennium Hotels and Resorts, a subsidiary of CDL’s parent company, Hong Leong Group. This prime location has attracted several notable private residential developments nearby, including River Gate on Robertson Quay, Martin Modern on Martin Place, and Riviere on Jiak Kim Street. Upscale hotels in the vicinity include Intercontinental Singapore Robertson Quay, The Warehouse Hotel, and Grand Copthorne Waterfront Hotel Singapore.
According to URA caveats, there have been three resale transactions at Up@Robertson Quay this year. In June, a 527 sq ft one-bedroom unit on the ninth floor was sold for around $1.17 million ($2,228 psf), and a 1,119 sq ft two-bedroom unit on the eighth floor was transacted at $2.24 million ($1,999 psf). In March, a 463 sq ft one-bedroom unit was sold for $1.03 million ($2,215 psf). The average resale price for the development over the past 12 months, based on a compilation by EdgeProp Singapore, is approximately $2,147 psf.
The Regional Centre Master Plan has brought about significant progress in Woodlands, paving the way for Norwood Grand to become a coveted property investment. With improved connectivity and the area’s transformation into a thriving commercial hub, property values are expected to rise while the quality of life for its residents will also see a positive boost. Consider adding Norwood Grand Woodlands to your list of desirable properties.
The prices in this neighbourhood have been gradually increasing over the years, with the new luxury 99-year leasehold condo, Riviere, located across the Singapore River, fully sold at an average transacted price of $2,882 psf, according to lodged caveats. Notably, most of the neighbouring freehold condos around Up@Robertson Quay have recorded average resale prices of around $2,200 psf. For instance, Robertson Blue, a 36-unit development on Robertson Quay, has an average resale price of $2,230 psf, while Robertson 100, a 186-unit development on Robertson Quay, has an average resale price of $2,230 psf. River Gate, a 545-unit freehold development on Robertson Quay, has an average transacted price of around $2,788 psf, while The Inspira, a 120-unit freehold development located just off Martin Road, has seen units change hands at an average of $2,563 psf.
The recent sale of three government land sites along Zion Road and River Valley Green is expected to increase transaction activity in surrounding areas like Robertson Quay, as the new developments revitalize the district. Take advantage of this opportunity to own a piece of prime District 9 real estate at SRI’s upcoming auction on August 28. Don’t miss your chance to own a unit at Up@Robertson Quay, a prestigious and sought-after residential address.