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Thread: Robin Residences Freehold | T.O.P. Soon

  1. #1

    Default Robin Residences Freehold | T.O.P. Soon

    Robin Residences a Freehold Condominium, which will be obtaining their T.O.P. soon, is located at Singapore prime district 10 - Robin Drive a prestigious address with minutes walk to the upcoming Stevens MRT Station. Robin Residences is at the fringe of Orchard and well connected to major expressways such as PIE / CTE and major arterial roads. This 5-storey condominium development comprising of communal facilities and a clubhouse and beautifully appointed, your home boasts top quality finishes with meticulous attention to every detail. Well mix of Studio to 6 bedroom penthouses exclusive to 134 units in an exquisitely designed, you can take the pick of a safe haven nestled in modern comfort at.

    View actual unit now. Please dial 61001778 or visit Robin Residences Singapore to view floor plans and video.


  2. #2

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    Already TOP?
    What is the likely rental yield?

  3. #3

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    Very high pfs

    probably around 2 to 2.5% for smaller units

    Quote Originally Posted by richwang View Post
    Already TOP?
    What is the likely rental yield?

  4. #4

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    http://www.robin-residence.org/starbuy

    all the prices and the up to 100k discount info at this website.

  5. #5

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    the number of rental adverts had been decreasing so i am assuming despite the low yield, at least it is able to be rented out.

    so far there have been 2 3-bedders rented out at 5,300 and 5,400 (caveats lodged). assuming after discount prices are at 2.4m+, yield is indeed 2.5%.

    the more decent sized 2-bedders (800+ sq ft) were rented out at 4k and 4.2k. at a discounted price of just under 2m, that's also around 2.5% yield.

    smaller "2 bedroom" (538 sq ft) units had been rented out at 2.6 to 3k with a mode of 4 units at 2.8k. prices sold ranged from 1.228m to 1.329m. using the average, yield is also 2.6%. these 2 bedrooms are sold out though.

  6. #6

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    If anyone is keen to install track guided indoor/outdoor blinds (no gaps!) and retractable insect screens . Pls call 98806538 for measure and quote.

    Products are all made in Australia!

    www.auszip.com.sg

    www.facebook.com/auszip/

  7. #7

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    6 Oct 2016 #04-08 1,066sq ft 2,398psf $2,555,000 list price $2,594,000 $39k discount
    5 Oct 2016 #04-01 1,830sq ft 2,328psf $4,260,000 list price $4,347,000 $87k discount

    left with final 1 5 bedder #03-01 asking for the same price.

    discount is not a lot but seems enough to start moving some of the units. The current discount seems like up to $100k (of course $100k off is for the penthouses).

  8. #8

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    2300pfs after discount for non MM units looks very high for the location
    seems like peak price


    Quote Originally Posted by bargain hunter View Post
    6 Oct 2016 #04-08 1,066sq ft 2,398psf $2,555,000 list price $2,594,000 $39k discount
    5 Oct 2016 #04-01 1,830sq ft 2,328psf $4,260,000 list price $4,347,000 $87k discount

    left with final 1 5 bedder #03-01 asking for the same price.

    discount is not a lot but seems enough to start moving some of the units. The current discount seems like up to $100k (of course $100k off is for the penthouses).

  9. #9

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    Quote Originally Posted by Singleton View Post
    2300pfs after discount for non MM units looks very high for the location
    seems like peak price
    that's the thing, but still able to move. while not MM, these units are smaller than the typical CCR big units. 1066 sq ft 3 bedder (that's the size of a 2 bedder at rivergate), 1830sq ft for 5 bedder, similarly, rivergate's 4 bedders on average are bigger than that.

  10. #10

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    the selling point of this project is proximity to the future stevens mrt interchange.

    do note that i m vested in the developer, sing holdings, so whatever i write here may be biased.

    by buying the developer, i'm effectively buying robin residences at 230psf, not 2300psf. 90% discount. hahahaha.

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