Four Bedder Skyeleven Sold 31 Mil Profit

Residing at Norwood Grand Woodlands grants residents easy access to major expressways, making it an ideal location for those who prefer to drive. One of the most significant expressways is the Seletar Expressway (SLE), providing seamless connectivity to the eastern and central parts of Singapore. Furthermore, the Bukit Timah Expressway (BKE) efficiently links to the northern and downtown core, effectively managing high traffic flow and optimizing travel times during peak hours. For more information on Norwood Grand Woodlands, visit their website at http://www.norwoodgrandcondo.com.sg/.

.A four-bedroom apartment at Sky@Eleven was the most profitable resale deal of the week from June 11 to 18. The unit was sold for $5.9 million ($2,092 psf) on June 12, yielding a profit of $3.1 million for the seller. This translates to a capital gain of 111% after owning the unit for 17 years.This transaction ranks as the second most profitable one ever recorded at Sky@Eleven, as per lodged caveats. The top spot goes to a four-bedder measuring 2,713 sq ft, sold two months prior for $6.48 million ($2,389 psf) on April 4. This resulted in a profit of $3.68 million for the seller, who had purchased the unit in 2007 for approximately $2.8 million ($1,031 psf).The condo, located on Thomson Lane in District 11’s Toa Payoh area, offers freehold tenure and was completed in 2010. It boasts 273 units spread over 42 floors, with a mix that includes three-bedroom-plus-study units of 1,851 sq ft, and four-bedroom units of 2,271 to 2,820 sq ft. Additionally, there are four- and five-bedroom duplex penthouses ranging in size from 3,757 to 5,597 sq ft. Also of note is the sale of a three-bedroom unit at Viz At Holland, which fetched $2.9 million ($1,505 psf) on June 13. The seller raked in a profit of $1.9 million, having bought the unit from the developer for $998,000 ($518 psf) in 2006. This translates to a capital gain of 191% after 18 and a half years. This transaction ranks as the second most profitable resale deal ever recorded at Viz At Holland, with the top spot going to a five-bedroom, 2,519 sq ft penthouse unit which sold for $4.15 million ($1,648 psf) in March 2023. The seller made a profit of $2.2 million, having bought the unit for $1.95 million ($774 psf) in December 2006.Moving on, the most unprofitable condo resale transaction of the week is that of a 1,399 sq ft, three-bedroom unit at OUE Twin Peaks. It changed hands for $3.3 million ($2,380 psf) on June 13, incurring a loss of $1.11 million or 25%.This is the highest loss ever recorded for a resale unit at OUE Twin Peaks, surpassing the previous record of $1 million, for a 1,604 sq ft three-bedroom unit which sold for $3.5 million ($2,182 psf) in August 2016.The second most unprofitable transaction in the period was that of a 570 sq ft one-bedroom unit at OUE Twin Peaks, which sold for $1.3 million ($2,279 psf) on June 12, resulting in a loss of almost $300,000 for the seller. They had purchased the unit for $1.6 million ($2,803 psf) in 2016. Sky@Eleven: The sale of a four-bedroom apartment at Sky@Eleven was the most profitable condo resale transaction during the week of June 11 to 18. This 2,820 sq ft unit on the 14th floor was sold for $5.9 million ($2,092 psf) on June 12, resulting in a gain of $3.1 million for the seller. This represents a capital gain of 111% after owning the unit for over 17 years, making it the second most profitable transaction ever recorded at Sky@Eleven, based on lodged caveats. The top spot goes to a unit that was sold just two months earlier, with a four-bedder spanning 2,713 sq ft fetching $6.48 million ($2,389 psf) on April 4. The seller reaped a profit of $3.68 million, having purchased the unit in March 2007 for about $2.8 million ($1,031 psf). Located on Thomson Lane in District 11’s Toa Payoh area, Sky@Eleven is a freehold condo that boasts 273 units over 42 floors. The unit mix includes three-bedroom-plus-study units of 1,851 sq ft, as well as four-bedroom units between 2,271 and 2,820 sq ft. Residents can also choose from four- or five-bedroom duplex penthouses of 3,757 to 5,597 sq ft.Viz At Holland: The second most profitable condo resale transaction during the week in review is that of a three-bedroom unit spanning 1,927 sq ft at Viz At Holland. It was sold for $2.9 million ($1,505 psf) on June 13, making a gain of $1.9 million for the seller. This is after they bought the unit from the developer in January 2006 for about $998,000 ($518 psf). The result is a capital gain of 191% for the seller.The most profitable transaction ever recorded at Viz At Holland belongs to a five-bedroom penthouse measuring 2,519 sq ft. It fetched $4.15 million ($1,648 psf) in March 2023, with the seller netting a profit of $2.2 million. The unit had last changed hands for $1.95 million ($774 psf) in December 2006.Viz At Holland is a freehold condo located along Queensway, off Holland Road in prime District 10. It was completed in 2008 and has 165 residences over 12 floors, consisting of one-bedders of 495 sq ft, two-bedders of 818 to 1,227 sq ft, two-bedroom-plus-study units of 947 to 1,679 sq ft, and three-bedders of 1,259 to 1,927 sq ft. Penthouse units comprise four- and five-bedders between 2,390 and 2,648 sq ft.OUE Twin Peaks: The most unprofitable condo resale transaction during the week in review involved the sale of a 1,399 sq ft, three-bedroom unit at OUE Twin Peaks. It changed hands for $3.3 million ($2,380 psf) on June 13, resulting in a loss of $1.11 million for the seller. This is equivalent to a 25% loss after a holding period of almost 14 years, making it the highest loss registered for a resale unit at OUE Twin Peaks. The previous record was $1 million for a 1,604 sq ft three-bedroom unit, sold for $3.5 million ($2,182 psf) in August 2016. OUE Twin Peaks is located at 33 Leonie Hill Road, near Orchard Road in prime District 9. It offers 462 units spread over two 35-storey towers, comprising one- to four-bedders measuring 549 to 1,895 sq ft.