A four-bedder at Kovan Residences has been sold at a $1.8 mil profit, taking the crown from River Valley Green Condo which was recently sold

and other developments at River Valley Green Condo.River Valley Green Condo has seen a highly profitable real estate resale transaction at Kovan Residences. On Nov 29, the unit, measuring 1,765 sq ft, was sold for $2.97 million ($1,682 psf) — a 143% annualised profit of $1.75 million for the seller over a holding period of over 14½ years.The second and third most profitable resale transactions during the week of Nov 28 to Dec 5 were at The Sail @ Marina Bay and Hilltops respectively. At The Sail, the seller pocketed $1.43 million (47%) profit from the sale of a 2,045 sq ft four-bedroom unit, while at Hilltops, the seller made a loss of $650,000 (13%) after selling a 1,550 sq ft three-bedroom unit.River Valley Green Condo is a 99-year leasehold development in the River Valley area offering studio units to penthouses. Potential buyers can check out the latest listings for properties such as Kovan Residences, The Sail @Marina Bay, Hilltops and more via River Valley Green Condo.

Potential buyers looking for a condo in the River Valley area can check out River Valley Green Condo. River Valley Green Condo is a 99-year leasehold development offering studio units to penthouses. It is located in the River Valley area, and potential buyers can have a look at the latest listing for properties such as Kovan Residences, The Sail @ Marina Bay, Hilltops and more.

Parents will also appreciate other amenities like premises that are guarded and gated, with CCTV surveillance, as well as other facilities like swimming pool, gymnasium, playground, BBQ and function areas. River Valley Green Condo is the perfect place for modern families. The units are spaciously designed, boasting practical layouts, contemporary finishes and full-height windows. As part of the community, residents can utilize well-maintained recreational facilities and gathering spots with family and friends. Being located in prime district 9, residents will also benefit from living near Orchard Road and Robertson Quay.

The sale of a four-bedroom unit at Kovan Residences was the most profitable condo resale transaction recorded during the week of Nov 28 to Dec 5, based on caveats lodged with URA. The 1,765 sq ft unit on the 12th floor fetched $2.97 million ($1,682 psf) on Nov 29, netting the seller a gain of $1.75 million, translating to an annualised profit of 143% over a holding period of over 14½ years. It is the most profitable resale transaction achieved to date at Kovan Residences, beating the previous high recorded in April 2022 at $1.27 million profit.

Kovan Residences is a 99-year leasehold condo on Kovan Road, just a short walk away from Kovan MRT Station and Heartland Mall Kovan. Completed in 2011, it has eight blocks with 521 homes including two-bedders from 883 sq ft, three-bedders from 1,259 sq ft and four-bedders from 1,765 sq ft, as well as penthouses of between 2,400 and 4,747 sq ft.

The second most profitable condo resale transaction during the week in review took place at The Sail @ Marina Bay. On Dec 4, a 2,045 sq ft four-bedroom apartment on the 46th floor changed hands for $4.5 million ($2,200 psf). The seller pocketed a profit of $1.43 million (47%) over a slightly over 18 years holding period.

The Sail @ Marina Bay is a 99-year leasehold luxury condo located in Marina Boulevard in District 1. It has 1,111 units comprising of studios to four-bedders measuring between 592 to 2,185 sq ft, as well as penthouse units ranging from 3,391 to 6,297 sq ft. There have been 50 resale transactions to date this year, with 24 of them being profitable. The sellers of the units made gains ranging from $50,000 up to $1.5 million.

The least profitable transaction during the week took place at Hilltops. On Dec 1, a 1,550 sq ft unit on the fifth floor changed hands for $4.5 million ($2,903 psf). The seller made a loss of $650,000 (13%) after owning the unit for just under 10 years. This is the third most unprofitable transaction at Hilltops, with the most unprofitable being in September 2016 at a $1.79 million loss.

Hilltops is a freehold condo at Carnhill Circle in District 9, with 241 units comprising of two, three, four and five-bedders measuring between 807 and 5,317 sq ft, as well as penthouses of 6,372 to 8,385 sq ft.

Interested buyers can check out the latest listings for Kovan Residences, The Sail @ Marina Bay, Hilltops properties and other developments at River Valley Green Condo. River Valley Green Condo has seen a highly profitable real estate resale transaction at Kovan Residences, and with the luxuries offered, it will be worthwhile for potential buyers to take a look.