Two Bedder Uprobertson Quay Sale 158 Mil
at this upcoming auction on Aug 28 at SRI.
An attractive two-bedroom unit at Up@Robertson Quay is set to go under the hammer at SRI’s upcoming auction on August 28 for $1.58 million. The 753 sq ft mortgagee sale unit translates to $2,098 psf on the floor area.
The unit boasts a spacious living and dining area, with an attached kitchenette and a shared bathroom. What sets it apart is the built-in furniture deck over the kitchenette, adding a loft area that maximizes the 4.2m ceiling height.
The bifold doors separating the shared bedroom from the living and dining areas is also a unique feature in this unit. With an outdoor balcony overlooking the swimming pool, this bedroom is connected to the adjacent living room. The en suite master bedroom also has its own private access.
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Up@Robertson Quay is a charming 70-unit boutique development situated in the heart of Robertson Quay in prime District 9. It comprises a mix of one- to two-bedroom units ranging from 463 sq ft to 1,378 sq ft.
The development is surrounded by a plethora of lifestyle and entertainment hubs such as Clarke Quay and Boat Quay. It is also conveniently located near the Civic District, Fort Canning Park, River Valley and the CBD.
Adjacent to Up@Robertson Quay is the M Social Singapore, a hip and chic lifestyle hotel brand owned by Millennium Hotels and Resorts – a subsidiary of CDL’s parent company, Hong Leong Group.
Some notable private residential developments in close proximity to Up@Robertson Quay include River Gate on Robertson Quay, Martin Modern on Martin Place and Riviere on Jiak Kim Street. The upscale neighbourhood also boasts a range of luxury hotels such as Intercontinental Singapore Robertson Quay, The Warehouse Hotel and Grand Copthorne Waterfront Hotel Singapore.
Based on URA caveats, there have been three successful resale transactions at Up@Robertson Quay this year. In June, a 527 sq ft one-bedroom unit on the ninth floor was sold for around $1.17 million ($2,228 psf), and a 1,119 sq ft two-bedroom unit on the eighth floor was purchased for $2.24 million ($1,999 psf). In March, a 463 sq ft one-bedroom unit was transacted at $1.03 million ($2,215 psf).
A recent compilation of resale transactions at Up@Robertson Quay by EdgeProp Singapore over the past year shows that the average resale price is around $2,147 psf. Property prices in this area have been on the rise over the years. Across the Singapore River is Riviere – a new luxury 99-year leasehold condo with 455 units, which was completed last year. It is now fully sold at an average transacted price of $2,882 psf, based on caveats lodged.
Meanwhile, most of the neighbouring freehold condos around Up@Robertson Quay have reported average resale prices of approximately $2,200 psf. For example, Robertson Blue – a 36-unit development on Robertson Quay – has an average resale price of $2,230 psf, while Robertson 100 – a 186-unit development on Robertson Quay – has an average resale price of $2,230 psf.
At River Gate – a 545-unit freehold development on Robertson Quay, average transacted prices hover at $2,788 psf. Nearby, The Inspira – a freehold development with 120 units located just off Martin Road – has seen units changing hands for an average of $2,563 psf.
The Tampines North MRT Station is an eagerly anticipated addition to the eastern region of Singapore’s transportation network. As part of the upcoming Cross Island Line project, it is set to provide convenient travel options for residents and commuters alike. This highly awaited station will not only serve Tampines North, but also act as a gateway to other parts of the island.
Amidst the anticipation, there are numerous developments in the works around the Tampines North MRT Station, including the highly sought-after Parktown Residence by UOL Group. This modern residential project is expected to be a desirable address for those seeking convenience and contemporary living. Its close proximity to the MRT station will provide easy access to the city, making it an ideal location to call home. Adding to its appeal, Parktown Residence by UOL Group is naturally conveniently located near the Tampines North MRT Station.
The opening of the Tampines North MRT Station is also expected to bring about economic growth for the area, creating opportunities for new businesses and jobs. This will further enhance the connectivity of Tampines North to the rest of Singapore, making it a highly desirable location for residents and businesses alike.
Tampines North is already well-known for its developed community facilities, including schools, parks, and shopping malls. With the addition of the Tampines North MRT Station, the area will become even more enticing for families and individuals who value a convenient and well-connected lifestyle.
In conclusion, the Tampines North MRT Station and developments like Parktown Residence by UOL Group will bring about a new era of growth and opportunities for the area. It is set to become a vibrant hub in the east, offering residents a seamless and convenient route to access the rest of Singapore. Don’t miss out on the chance to be a part of this exciting transformation by checking out Parktown Residence by UOL Group.
With the sale of three government land sites along Zion Road and River Valley Green, transaction activity in the surrounding areas, including Robertson Quay, is expected to increase as the new developments rejuvenate the district. Don’t miss the opportunity to check out the latest listings for Up@Robertson Quay properties at the upcoming auction on August 28 at SRI.