reporter2
10-12-21, 09:57
Unit at Tanglin Residences reaps $2.99 mil profit
EdgeProp Singapore
December 9, 2021
https://i.imgur.com/lHpKpWI.jpg
SINGAPORE (EDGEPROP) - The seller of a unit at Tanglin Residences, located on 31 St Martin’s Drive, made the top gain of $2.99 million over the week of Nov 23 to 30. The 4,930 sq ft unit on an undisclosed floor was bought for $5.17 million ($1,049 psf) in June 2006, and sold for $8.16 million ($1,656 psf) on Nov 26. The seller therefore made a 58% profit, or an annualised profit of 3% over 15½ years.
https://i.imgur.com/Di5vvsG.jpg
The 4,930 sq ft unit at Tanglin Residences was sold for $8.16 million ($1,656 psf) on Nov 26 (Credit: Samuel Isaac Chua/ The Edge Singapore)
Located in District 10, Tanglin Residences was completed in 2005 and comprises 43 freehold units. It is a nine-minute walk from the upcoming Orchard Boulevard MRT Station on the Thomson-East Coast Line.
The second top gain made over the week — a 201% profit of $1.74 million — was at
Read more at: https://www.edgeprop.sg/property-news/unit-tanglin-residences-reaps-299-mil-profit
EdgeProp Singapore
December 9, 2021
https://i.imgur.com/lHpKpWI.jpg
SINGAPORE (EDGEPROP) - The seller of a unit at Tanglin Residences, located on 31 St Martin’s Drive, made the top gain of $2.99 million over the week of Nov 23 to 30. The 4,930 sq ft unit on an undisclosed floor was bought for $5.17 million ($1,049 psf) in June 2006, and sold for $8.16 million ($1,656 psf) on Nov 26. The seller therefore made a 58% profit, or an annualised profit of 3% over 15½ years.
https://i.imgur.com/Di5vvsG.jpg
The 4,930 sq ft unit at Tanglin Residences was sold for $8.16 million ($1,656 psf) on Nov 26 (Credit: Samuel Isaac Chua/ The Edge Singapore)
Located in District 10, Tanglin Residences was completed in 2005 and comprises 43 freehold units. It is a nine-minute walk from the upcoming Orchard Boulevard MRT Station on the Thomson-East Coast Line.
The second top gain made over the week — a 201% profit of $1.74 million — was at
Read more at: https://www.edgeprop.sg/property-news/unit-tanglin-residences-reaps-299-mil-profit