Unit at 111 Emerald Hill sold for $6.09 mil

By EdegProp Team
/ EdgeProp |
Ask Buddy
Listings for condo units
Compare price trend of Condo new sale vs EC new sale
Most unprofitable condo transactions in past 1 year
Landed transactions with the highest profits in the past year
Most unprofitable landed transactions in past 1 year
Listings for condo units
Compare price trend of Condo new sale vs EC new sale
Most unprofitable condo transactions in past 1 year
Landed transactions with the highest profits in the past year
Most unprofitable landed transactions in past 1 year
Freehold condominiums in the Emerald Hill Road neighbourhood have seen some buying interest despite the property cooling measures introduced on July 5, which saw a hike in additional buyer’s stamp duty by five to 10 percentage points, and loan-to-value ratio cut by five percentage points.
At 111 Emerald Hill, a 2,497 sq ft, four-bedroom unit on the seventh floor was sold for $6.088 million ($2,438 psf), according to a caveat lodged on Aug 7. It was one of 16 units purchased in a bulk deal by a fund for a total of $75 million in 2015, which translated into an average price of $1,700 psf.
The 40-unit 111 Emerald Hill is adjacent to Chatsworth International School and just a short walk from Orchard Road (Credit: Samuel Isaac Chua/ The Edge Singapore)
111 Emerald Hill is a 40-unit boutique condo located in the Emerald Hill conservation area just off Orchard Road in prime District 9.
Advertisement
Completed in 2011, the project was developed by a fund under LaSalle Investment Management and LB Land.
At nearby boutique development 8 Hullet, five units have been sold since July 5. The oneand two-bedroom units fetched prices ranging from $1.76 million ($3,271 psf) to $2.58 million ($3,237 psf), according to caveats lodged from July 15 to Aug 8.
8 Hullet is a 44-unit freehold condo development by Patrick Kho, group managing director of real estate and investment enterprise Lian Huat Group, along with his consortium partners. The consortium bought the site through an en bloc deal for $38.2 million in 2016. The site had a 10-storey block with just 18 apartments then.
Since 8 Hullet was launched in March this year, 29 units have been sold, according to caveats lodged.
Ask Buddy
Listings for condo units
Compare price trend of Condo new sale vs EC new sale
Most unprofitable condo transactions in past 1 year
Landed transactions with the highest profits in the past year
Most unprofitable landed transactions in past 1 year
Listings for condo units
Compare price trend of Condo new sale vs EC new sale
Most unprofitable condo transactions in past 1 year
Landed transactions with the highest profits in the past year
Most unprofitable landed transactions in past 1 year

Follow Us
Follow our channels to receive property news updates 24/7 round the clock.
EdgeProp Telegram
EdgeProp Facebook
Subscribe to our newsletter

Our Site

Edgeprop.sg (previously known as The Edge Property Singapore) is the best property portal for real estate agents, investors, home-seekers and sellers alike in Singapore. On EdgeProp, you will be able to find the latest and hottest property news, property listings, and access tools for your research and analysis.

Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDBs, landed houses, commercial properties or industrial properties, we bring you Singapore’s most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions. Click into any listing to check out the new AI Redesign tool to envision your property based on your preferred style, be it Scandinavian, Minimalist or many others.

View More