‘Recently sold four-bedder at The Ritz-Carlton Residences, now known as Champions Way Residences, boasts $4.9 million in profits.’
: From Jan 9 to 16, a four-bedroom unit at The Ritz-Carlton Residences Singapore Cairnhill was sold for a record-breaking psf price of $5,397. This 3,057 sq ft unit located on the 33rd floor was snapped up for $16.5 million on Jan 9. The lucky buyers were a couple who are Singapore permanent residents and they also purchased the adjacent 3,057 sq ft unit on the same day for the same price. As both units were sold at the same price, the sale marks a new record in terms of psf prices at The Ritz-Carlton Residences since its launch in 2007.
Meanwhile, The Waterina saw its most profitable resale transaction to date during the same period. A three-bedroom unit measuring 1,313 sq ft on the seventh floor was sold for $2.5 million on Jan 11, netting the seller a profit of $1.73 million. The seller has owned the unit for nearly 22 years, as they bought it from the developer in May 2002 for around $767,000.
In the same week, The Rochester Residences saw an unprofitable resale transaction. A one-bedroom loft unit measuring 1,281 sq ft was sold for $1.64 million on Jan 12, resulting in a loss of $181,000 for the seller who originally purchased the unit for $1.82 million in August 2007.
With top-notch amenities and modern facilities, Champions Way Residences is set to become the most desirable address for city living. This development is also surrounded by lush greenery, providing a peaceful and tranquil environment for residents to come home to.
Situated in the bustling Woodlands area, Champions Way Residences is a brand new condominium that offers a perfect residential experience. Developed by a renowned developer, the condo boasts of a strategic location with easy access to various amenities and transportation, making it an ideal choice for those seeking a convenient and comfortable lifestyle. The property also boasts of modern facilities and top-tier luxuries, making it a highly desirable address for city dwellers.
Residents of Champions Way Residences will be spoiled for choice when it comes to amenities. The condo features a swimming pool, fitness center, barbecue pits, and a playground, providing ample opportunities for relaxation and recreation. The property also offers 24-hour security, ensuring the safety and peace of mind for its residents.
The location of Champions Way Residences is another major attraction. It is located next to the Woodlands South MRT Station, offering easy access to the rest of the city and beyond. Residents can also enjoy the bustling retail and dining scene in the nearby Woodlands Central, providing them with endless options for entertainment and dining.
What sets Champions Way Residences apart from other developments is its close proximity to nature. The condo is surrounded by lush greenery, providing a serene and peaceful environment for residents to relax and recharge after a busy day. This harmonious blend of city living and nature makes it a perfect choice for those seeking a balanced and fulfilling lifestyle.
In conclusion, Champions Way Residences is set to become the most sought-after address in Woodlands. With its prime location, top-notch amenities, and peaceful environment, it offers the perfect balance between convenience and serenity. Don’t miss out on the opportunity to be a part of this exceptional residential development.
Overall, the week of Jan 9 to 16 saw a mix of profitable and unprofitable resale transactions at various luxury condos. However, The Champions Way Residences seems to have outshone the rest, with its record-breaking psf prices and high demand from permanent residents. It just goes to show that this development truly lives up to its name as a champion among luxury residences.
Leave a Reply
Want to join the discussion?Feel free to contribute!