News > $2.26M in profit recorded at The Hacienda condo in D15

$2.26M in profit recorded at The Hacienda condo in D15

$2.26M in profit recorded at The Hacienda condo in D15

11 June 2024

A 3-bedroom unit situated on the first floor at The Hacienda recorded a gain of $2.26 million after being held for 346 months – an annualised capital gain of 6%, on 30 May. The unit was sold for $3.7 million for an area of 2,120 sqft, which translates to $1,744 PSF. This became the most profitable transaction within the project, surpassing a unit on higher floor, which recorded a gain of $2.25 million, or 281% gain and 15% annualised capital gain, for an area of 1,894 sqft. 


The Hacienda is a freehold condo in D15 Bedok. Completed in 1986, it has a total of 1006 units, ranging from 2-4 bedrooms, transacted at an average of $1,608 - $1,691 PSF in the past 3 years. The condo is conveniently located 7-minute walk from Siglap MRT station, and is surrounded by 12 schools within a 2-km radius, including Victoria School and Opera Estate Primary School. 

 

 

Following is a 3 bedder at Thomson 800, which recorded a gain of $1.6 million after being held for 274 months. The unit is located on middle floor, sold at $2.85 million for an area of 1,625 sqft, or $1,753 PSF on 28 May.  


Thomson 800 is a freehold condo in D11 Toa Payoh. Completed in 1999, it has a total of 5 blocks and 390 units, including 3-bedroom units and 4-bedroom penthouses, transacted at an average of $1,285 - $1,721 PSF in the past 3 years. The condo is conveniently located within 12-minute walk to Caldecott, Marymount and Braddell MRT station. 

 

*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.


All analytical and visually interpreted data in this report is powered by RealInsight, a powerful tool for property developers, investors and institutions. It offers a complete solution for development planning or portfolio building by providing access to real-time data regarding properties, developers, land sales and data analytics tool for market research and reports. Find out more about RealInsight here.


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Continue to read our other data insights articles:

209% gain recorded for a 3 bedder at Mandarin Gardens

The Peak @ Toa Payoh: 5-Room Unit Sells for $1.54M, Marking Third Transaction Above $1.5M within this project

Record-breaking $1.38 million set by a 5-room HDB at Marine Drive Gardens in D15

6-bedroom unit at Dalvey Haus sold for a record $4,389 PSF

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