$1.84M in profit recorded at The Metropolitan Condominium – reached all time high

On March 15th, a 3-bedroom unit situated on a high floor at The Metropolitan Condominium was sold for $3.27 million after being held for a period of 208 months. This transaction yielded a gain of $1.84 million. Notably, this is the most profitable transaction that was ever recorded for a unit at this condo, regardless of bedroom type. 

The Metropolitan Condominium is a 99-year lease condo located at District 3 Bukit Merah. Completed in 2009, it has a total of 382 units, ranging from 2-4 bedrooms and 11 penthouse units. Price ranges from $1,128-$1,415 PSF. It has excellent connectivity to various amenities: a fully sheltered 2-minute walk from Redhill MRT station, 13 schools surrounding the condo, and supermarkets like NTUC FairPrice and Cold Storage within 6-minute walk. 

Map View by RealInsight 

Following is a 4 bedder positioned on low floor at The Trizon, which achieved a total gain of $1.8 million over a holding period spanning 166 months. This transaction became the second most profitable transaction ever recorded for 4-bedroom units within the project, ranking below a unit on the same floor – which recorded a gain of $1.86M in 2015. 

The Trizon is a freehold condo located at District 10. Completed in 2012, it has a total of 289 units, ranging from 2-4 bedrooms and 11 penthouse units. Price ranges from $1,634-$1,786 PSF. It is located only 6-minute walk from Dover MRT station and surrounded by 20 schools just within 2km radius. 

Map View by RealInsight 

*Disclaimer: Our real-time database is updated every time a transaction is submitted by an agency. While we strive to maintain the accuracy and completeness of the data, please note that transactions may not always be completed, and information provided may be subject to change or error.

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