DEAL WATCH: Freehold condo in District 9 selling at 2010 prices
By Metta Lee
/ The Edge Property |
A 1,733 sq ft, three-bedroom unit at Skyline 360 @ St Thomas Walk has been listed on TheEdgeProperty.com at $3.4 million, or $1,962 psf. The Edge Fair Value, a valuation tool on TheEdgeProperty.com, puts the indicative value of the property at $2,204 psf.
The project’s last transaction was in July 2015, when a 2,131 sq ft unit on the 10th floor was sold for $1,920 psf.
The unit at Skyline 360 @ St Thomas Road is up understood to be tenanted at $7,200 a month
Meanwhile, the subject property’s asking price is similar to 2010 prices. There were 22 caveats in 2010 involving 1,733 sq ft units in the project with an average price of $2,001 psf.
Skyline 360 @ St Thomas Walk is a freehold condominium in prime District 9. Completed in 2012, the 61-unit development is within a 500m radius of the Somerset MRT station.
The project is also within walking distance of River Valley Primary School and within 1km of international schools such as Overseas Family School, Chatsworth International School and ISS International School.
The unit is understood to be tenanted at $7,200 a month until August 2017.
For more information, call marketing agent Sharlene Lim at 8366 8383.
Recent transactions at Skyline 360 @ St Thomas Walkon
Contract date | Size | Price ($) | Price ($ psf) |
|---|---|---|---|
July 10, 2015 | 2,131 | 4,091,520 | 1,920 |
Sept 24, 2013 | 2,131 | 4,464,445 | 2,095 |
Sept 24, 2013 | 2,131 | 4,370,000 | 2,050 |
Sept 16, 2013 | 2,131 | 4,461,503 | 2,093 |
Sept 13, 2013 | 2,131 | 4,250,000 | 1,994 |
Source: URA, The Edge Property
This article appeared in The Edge Property Pullout, Issue 731 (June 4, 2016) of The Edge Singapore.
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