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44 article found.

  • Lin Zhiqin
    The Edge Property
    Feb 18, 2017
    News
    For private non-landed homes sold in the week of Jan 31 to Feb 7, the next biggest loss, after the Seascape unit, of $1.56 million occurred in the sale of a 1,249 sq ft unit at Scotts Square in prime District 9. The seller bought it at $5....
  • Lin Zhiqin
    The Edge Property
    Feb 14, 2017
    News
    On Feb 7, a 4,069 sq ft at Seascape in Sentosa Cove was sold at a $6.6 million loss. The loss works out to 52% or 10% annualised over a holding period of 6.6 years. The previous owner, a Russian national, bought the unit from the...
  • Lin Zhiqin
    The Edge Property
    Feb 12, 2017
    News
    The Trevose is located beside the Raffles Town Club. Find the most affordable unit in the project at here   On Jan 25, a penthouse unit at The Trevose in prime District 11 was sold for $2.55 million, or $764 psf. The seller...
  • Feily Sofian
    The Edge Property
    Feb 04, 2017
    News
    On Jan 23, an Indonesian purchased a 3,466 sq ft unit at Nassim Park Residences for $12.5 million, or $3,606 psf. The transaction yielded a $1.06 million profit for the seller, who bought the unit in a sub-sale at $11.4 million, or $3,300...
  • Lin Zhiqin
    The Edge Property
    Jan 27, 2017
    News
    The sellers of two separate private non-landed homes in prime District 10 reaped profits of more than $1 million each on Jan 11. The larger profit of $1.32 million accrued to a 2,034 sq ft unit at The Boulevard Residence; the smaller...
  • Feily Sofian
    The Edge Property
    Jan 21, 2017
    News
    One of the first few resale transactions in 2017 resulted in a hefty loss for the seller. On Jan 3, a high-floor unit at St Regis Residences Singapore was sold at a loss of $2.3 million. The seller bought the unit in a sub-sale transaction...
  • Feily Sofian
    The Edge Property
    Jan 14, 2017
    News
    As the world celebrated the year-end festive season, a three-bedroom unit at Seascape in Sentosa Cove changed hands at a loss of $1.47 million on Dec 27. It joined the recent spate of unprofitable transactions on the paradise island....
  • ardmore park
    Lin Zhiqin
    The Edge Property
    Jan 07, 2017
    In Depth
    As the proportion of unprofitable property transactions surged from 9% (508 out of 5,433 matched transactions) in 2015 to 17% (1,002 out of 5,924 matched transactions) in 2016, the losses incurred by sellers climbed 62% from $161 million...
  • Lin Zhiqin
    The Edge Property
    Dec 16, 2016
    News
    On Dec 2, a 2,885 sq ft unit at Ardmore Park was sold at a $3.18 million profit. It was bought at $2,219 psf in August 2006 and sold at $3,321 psf, resulting in a 50% profit, or a 4% annual gain over a 10-year holding period. The unit has...
  • serangoon garden estate
    Lin Zhiqin
    The Edge Property
    Dec 10, 2016
    News
    On Nov 25, a 999-leasehold terraced house on Huddington Avenue in Serangoon Garden Estate was flipped for a $1.78 million profit. The seller had bought the 2,982 sq ft property at $873 psf on land in April 2015 and sold it at $1,470...
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