Resale unit at Buona Lodge sold for nearly $1.3 mil profit

Early this November, a seller of an individual unit at Buona lodge managed to gain around 1.2 million dollars. In May 2004, the group was acquired on the fourth floor of the lodge for $ 640,000 and later on sold on November 14th, 2019, for $1.9 million, making over 200% profit topping the list for the best-selling unit for the month of November. It is estimated that the seller made about an annual 7% profit for fifteen years. Buona lodge is located on Zehnder Road, exactly in district 5completed in the year 1992 and c. Buona Lodge has four floors and is about a ten minutes’ walk from Haw Par Villa MRT station.

The second-largest profit made early this November occupying the second place at the list was at Glendale Park that is located along Hill view Avenue on District 23. It made a profit of about 100% of $805,154.It is located on the sixth floor of the lodge and was purchased for $782846 back then in the year 1999 in the month of June. It was later on sold at $1.5 million on November 13th, 2019. Kopar at Newton Core city centre condos usually generate alot of profit due to the fact that real estate tends to outperform inflation.

One of the units amade another remarkable profit-making the third best-selling unit for November. It made a 63% profit of $800, 000; it was purchased on November 1999 and got allocated at the 12th floor of the building for $1.28 million, later on after twenty years November 13th, 2019 it was sold for $2 million making a fascinating annual profit of around 2% for twenty years. Freehold Thomson 800 was constructed by a property called Enterprises Development been a member at Ck Asset Holdings. Its completion came to success in the year 1999. .

Nevertheless, the unit with the most significant loss was during the start of November was at Marina Bay Suites in District 1. The group is located on the 11th floor of the building, which was sold at $4.68 on November 14th, 2019, making a devastating loss of 35% of $2.497 million. This unit is located along the 3 Central Boulevards, Marina Bay suite. It was constructed and completed in the year 2013. Marina Bay consist of 221 unites fitted in a 65 story block just a two minutes’ walk from Downtown MRT Station. This unit was acquired in 2010 in May for $7.17 million. It is calculated that the seller made an annual loss of around 45 every year for 9.5 years.

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