News > 190% gain recorded for a 3 bedder at Viz At Holland in D10
190% gain recorded for a 3 bedder at Viz At Holland in D10
25 June 2024
In the second week of June 2024, a 4-bedroom unit at Sky@Eleven condo recorded a $3.1 million in gain after being held for 207 months. The 2,820 sqft unit is located on a middle floor and was sold for $5.9 million, which translates to a $2,092 PSF. This is the second most profitable transaction in dollar terms of all time within this project, ranking below another 4 bedder situated on high floor, which recorded a total gain of $3.68 million (131%) after a holding period of 204 months in March earlier this year.
Sky@Eleven is a freehold condo in D11 Toa Payoh. Completed in 2010, it has a total of 4 blocks and 273 units, ranging from 3-4 bedroom units and 4–5-bedroom penthouse units, transacting at an average of $2,026 - $2,126 PSF in the past 3 years. The condo is conveniently located within a 9-minute walk from 3 MRT Stations (Caldecott, Toa Payoh and Mount Pleasant MRT), and is surrounded by 21 schools within a 2-km radius, including Chij Primary and Secondary, and Catholic Junior College.
Following is a transaction of a 3 bedder at Viz At Holland condo, which recorded a whopping 190% gain ($1.9 million) after being held for 221 months, which translates to an annual gain of 11%. The 1,927 sqft unit, located on the first floor, was sold at $2.9 million (equivalent to $1,505 PSF). This is the second most profitable transaction of all time within Viz At Holland in terms of total capital gain in dollars, ranking below a unit on the top floor, which saw a gain of $2.2 million after being held for 195 months in March 2023. Notably, this transaction ranks first in terms of percentage gain, surpassing the previous record of 152% total gain after 218 months from a 3 bedder on higher floor in March 2024.
Viz At Holland is a freehold condo in D10 Bukit Timah. Completed in 2008, it has a total of 2 blocks and 165 units, ranging from 1-5 bedroom units, transacting at an average of $1,629 - $1,790 PSF in the past 3 years. The condo is conveniently located within a 9-minute walk from Holland Village and Commonwealth MRT station. Within 2-km radius from the project, there are 9 schools, including Queensway Secondary School and New Town Primary School.
*Data is accurate as of the published date of this article.
*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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