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Thread: JUST SOLD: 4-Bedder in Nassim Park Residences sold at $3,883 psf

  1. #1
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    Default JUST SOLD: 4-Bedder in Nassim Park Residences sold at $3,883 psf

    [url]http://www.theedgeproperty.com.sg/content/just-sold-4-bedder-nassim-park-residences-sold-3883-psf[/url]

    [B]JUST SOLD: 4-Bedder in Nassim Park Residences sold at $3,883 psf[/B]

    By Tan Chee Yuen / URA, The Edge Property | September 22, 2015 2:00 PM MYT
    A 3,477 sq ft unit in Nassim Park Residences was sold for $13.5 million ($3,883 psf) in September this year. It resulted in a $663,000 profit to the seller, who purchased the property back in July 2011. This translates into a gain of 5.2% or an annualised return of 1.2%.

    Nassim Park Residences is a high-end freehold condominium development along Nassim Road, developed by UOL Group Limited and completed in 2011. It is an exclusive low-rise condo which comprises 100 dwellings of 4-bedroom units and penthouses.

  2. #2
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    Quote Originally Posted by Kevin Tan View Post
    [url]http://www.theedgeproperty.com.sg/content/just-sold-4-bedder-nassim-park-residences-sold-3883-psf[/url]

    [B]JUST SOLD: 4-Bedder in Nassim Park Residences sold at $3,883 psf[/B]

    By Tan Chee Yuen / URA, The Edge Property | September 22, 2015 2:00 PM MYT
    A 3,477 sq ft unit in Nassim Park Residences was sold for $13.5 million ($3,883 psf) in September this year. It resulted in a $663,000 profit to the seller, who purchased the property back in July 2011. This translates into a gain of 5.2% or an annualised return of 1.2%.

    Nassim Park Residences is a high-end freehold condominium development along Nassim Road, developed by UOL Group Limited and completed in 2011. It is an exclusive low-rise condo which comprises 100 dwellings of 4-bedroom units and penthouses.


    any idea if the buyer is local ? or foreigner ?


    to pay this price for a condo unit ... not likely to be local ....

    local wud have gone for landed ...

  3. #3
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    Quote Originally Posted by proud owner View Post
    any idea if the buyer is local ? or foreigner ?


    to pay this price for a condo unit ... not likely to be local ....

    local wud have gone for landed ...
    But foreigner would incured 18% stamp duty

  4. #4
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    check out Bishopsgate residences ....

    ghost town ....

    why ?

    local wouldnt buy .... at those prices ... they can get landed ...

  5. #5
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    Quote Originally Posted by proud owner View Post
    any idea if the buyer is local ? or foreigner ?
    .
    U know, it takes just abt $8 to get the buyer name and etc...if u r really that keen...

  6. #6
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    Quote Originally Posted by amk View Post
    U know, it takes just abt $8 to get the buyer name and etc...if u r really that keen...


    yes i know ...
    if you pay like $25 you get full access for 24 hrs. ..


    i asked just in case someone has full access ... can share share

    no harm asking ya ?

    though its just $8 .... asking is free

  7. #7
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    Quote Originally Posted by amk View Post
    U know, it takes just abt $8 to get the buyer name and etc...if u r really that keen...
    Are u suggesting we pool our money to get the information?

  8. #8
    Ultimate Underdog

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    Quote Originally Posted by indomie View Post
    But foreigner would incured 18% stamp duty
    OK PR can?
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  9. #9
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    Quote Originally Posted by indomie View Post
    Are u suggesting we pool our money to get the information?
    No lah. I just meant if he is really keen/curious, he could just spend a cuppa coffee's cost to buy the record... I did this kind of thing many times already

    Btw the standard REALIS access is not enough. You need to do encumbrance search to get the mortgage details from which u get the owner details. If u r unlucky the deal has no mortgage or/and no caveat u need another round of title search which cost a bit more. ( happened to me once, a 4mil transaction turns out has no mortgage, so I have to do extra title search). If u r even more unlucky buyer is a company, u go do director/financial search in ACRA etc this one gets entertaining ...

  10. #10
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    unfortunately I also don't have access to more buyer info without paying for it

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