Top gainer makes record $1.69 mil profit at Watermark Robertson Quay - 0 views

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  #1 toapayohlady on 24 May 19

   

  
  

  
  

  A unit sold on May 2 at Watermark Robertson Quay, on Rodyk Street in prime District 9, made the top gain of $1.69 million in the week of April 30 to May 7, according to caveats. The 1,884 sq ft, four-bedroom unit on the third floor was purchased for $1.51 million ($803 psf) in October 2005, and sold for $3.2 million ($1,699 psf). The seller reaped a 112% profit, or an annualised profit of 6% over 13.5 years.

  
  

   

  
  

  
  

  
  

  
  

  
  

  This sale saw the all-time highest resale profit at Watermark Robertson Quay, and is also the fifth of six resale transactions there this year. The second-highest gain at the development was made by the seller of a 2,056 sq ft, three-bedroom penthouse unit. The 10th-floor unit was bought for $1.468 million ($714 psf) in May 2005 and sold for $3.1 million ($1,508 psf) in December 2012, netting the seller a 111% profit of $1.632 million over 7.6 years.

  
  

   

  
  

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  <div class="cArrow"> </div><div class="cContentInner"><div data-jsx="2642085182"> <br /> <div data-jsx="2642085182"> <br /> <div class="truncated_textview_box" data-jsx="3390197534">A unit sold on May 2 at <a href="https://www.edgeprop.sg/project/residential/watermark-robertson-quay-2427" rel="nofollow" target="_blank">Watermark Robertson Quay</a>, on Rodyk Street in prime District 9, made the top gain of $1.69 million in the week of April 30 to May 7, according to caveats. The 1,884 sq ft, four-bedroom unit on the third floor was purchased for $1.51 million ($803 psf) in October 2005, and sold for $3.2 million ($1,699 psf). The seller reaped a 112% profit, or an annualised profit of 6% over 13.5 years.</div> <br /> <div class="truncated_textview_box" data-jsx="3390197534"> </div> <br /> </div> <br /> </div> <br /> <div data-jsx="2642085182"> <br /> <div data-jsx="2642085182"> <br /> <div class="truncated_textview_box" data-jsx="3390197534">This sale saw the <a href="https://www.edgeprop.sg/property-news/highest-yielding-freehold-condos-singapore" rel="nofollow" target="_blank">all-time highest resale profit at Watermark Robertson Quay,</a> and is also the fifth of six resale transactions there this year. The second-highest gain at the development was made by the seller of a 2,056 sq ft, three-bedroom penthouse unit. The 10th-floor unit was bought for $1.468 million ($714 psf) in May 2005 and sold for $3.1 million ($1,508 psf) in December 2012, netting the seller a 111% profit of $1.632 million over 7.6 years.</div> <br /> <div class="truncated_textview_box" data-jsx="3390197534"> </div> <br /> <div class="truncated_textview_box" data-jsx="3390197534"> Read more <a href="https://www.edgeprop.sg/property-news/top-gainer-makes-record-169-mil-profit-watermark-robertson-quay" rel="nofollow">here</a></div> <br /> <div class="truncated_textview_box" data-jsx="3390197534"> </div> <br /> <div class="truncated_textview_box" data-jsx="3390197534"><img src="https://www.diigo.com/file/image/bbocpcbozoasaaccqszdrebedac/EdgeProp.jpg" /></div> <br /> <div class="truncated_textview_box" data-jsx="3390197534"> </div> <br /> <div class="truncated_textview_box" data-jsx="3390197534"> <br /> <div class="truncated_textview_box" data-jsx="3390197534"><a href="https://api.whatsapp.com/send?phone=6587112677&text=Send%20this%20message%20to%20get%20a%20story%20a%20day&source=&data=" rel="nofollow">Click here to sign up</a></div> <br /> <p> </p> <br /> </div> <br /> </div> <br /> </div></div>

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