Wing on Life Garden Sold for Hefty Profit at City Centre
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A unite of Wing On Life Garden earned the seller %2.5 million gain over the week of 29th Oct to 5th Nov. The 10th floor 3,498 sq ft unit was bought for $3.6 million in Sept 2006 and sold on 5th Nov for $6.1 which translates to $1,744 psf. The seller made a 4% annual profit over the past 13 years translating to 69% total gain.
The freehold condo completed in 1982 is located in prime District 10 along Bukit Timah Road. The 28 storied building has 81 units and was developed by The Wing On Investment Co, an affiliate of Wing On Group in Hong Kong. The exceptional development is about 10 minutes’ walk to Stevens and 14 minutes’ walk to MRT Stations. It is next to …