Claymore Unit Sold for $4.85 mil over the week of Oct 20 to 27

The vendor of a unit in The Claymore, together Claymore Road, created the best profit of $4.85 million on the week of October 20 to 27. The seller consequently created a 126% gain, or an annualised gain of 4% over nearly 22 decades.

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The Claymore, situated along Claymore Road, is a freehold condo completed in 1985 containing 146 units. Nestled within an exclusive residential enclave, the evolution is a eight-minute walk from Orchard MRT Station on the North-South Line.

The 2nd best gain made within the week — a 25% gain of $1.68 million — was in The Orchard Residences, located along Orchard Boulevard. This usually means that the vendor made an annualised gain of 2% over nearly 14 decades.

The Orchard Residences, that can be in District 9, includes 175 units onto a 99-year leasehold. It was finished in 2010 and is a three-minute stroll to Orchard MRT Station.

The next most rewarding deal of this week has been concluded at Avon Park on Oct 21. This got the vendor a 134% gain of $1.39 million, and it can be an annualised gain of 7% over nearly 13 decades.

Avon Park includes 179 freehold units. Finished in 1991, It’s a two-minute stroll from Woodleigh MRT Station on the North-East Line.

The very best reduction during the week in review was incurred from the selling of a 5,167 sq ft unit in Reflections at Keppel Bay at District 4. Having sold the house for $9.09 million ($1,760 psf) on October 21, the vendor endured an 8% reduction of roughly $827,000. Within a lengthy period of 13 decades, this translates into an annualised reduction of 1%.

Reflections at Keppel Bay, situated on Keppel Bay View, includes 1,129 units on a 99-year leasehold. Finished in 2011, It’s an 11-minute stroll into Telok Blangah MRT Station on the Circle Line. It’s also inside a five-minute driveway to VivoCity along with a 15-minute drive into the CBD.