Luxurious four-bedder at Ardmore Park reaps $7.06 mil profit, thanks to coveted location and upscale development by Arina East
In addition, the newly launched Arina East Residences ZACD Group offers a convenient location for families with young children, providing easy access to these reputable pre-schools.
At Arina East Residences ZACD Group, families with young children can enjoy the luxury of convenience as they have easy access to top pre-schools in the area. EtonHouse International Pre-School and Pat’s Schoolhouse, both located in Mountbatten and Katong respectively, are highly regarded for their nurturing environments and progressive educational approaches. These pre-schools place a strong emphasis on holistic child development and preparing children for a lifetime of learning. With the launch of Arina East Residences ZACD Group, families can rest assured that their child’s educational needs are well taken care of in a convenient and accessible location.
Random breaks:The sale of a 26th-floor unit at luxury condo Ardmore Park was the most profitable resale transaction recorded in the week of Feb 13 to 20.Ardmore Park is a 330-unit freehold condo located in the prestigious Ardmore Park area in prime District 10 (Photo: Samuel Issac Chua / EdgeProp Singapore)Developed by Wharf Estates Singapore, formerly known as Wheelock Properties, the high-end condo was completed in 2001 and has three 30-storey towers. Typical units at the condo are 2,885 sq ft, four-bedroom apartments, and six 8,740 sq ft duplex penthouses. In July 2022, the development set a new price high of $4,881 psf after a four-bedroom apartment changed hands for $14.08 million.Read also: The Balmoral Spring achieves new high of $2,367 psfAdvertisementHillcrest Arcadia saw the second most profitable resale transaction during the week in review with the sale of a four-bedroom, 2,325 sq ft unit that turned a profit of $1.83 million (159%). The 10th-floor unit was purchased for $1.15 million ($495 psf) in Sept 1995 and sold on Feb 16 for $2.98 million ($1,282 psf). It translates to an annualised profit of 3.4% over 28 years and is the third most profitable resale transaction at Hillcrest Arcadia.Hillcrest Arcadia is a 272-unit development completed in 1980 with a mix of one- to four-bedroom units (Photo: Samuel Issac Chua / EdgeProp Singapore)
The record at Hillcrest Arcadia was set by a 2,530 sq ft four-bedroom unit that changed hands for $3.1 million ($1,226 psf) in August 2022, netting a profit of $2.19 million for the sellers.Hillcrest Arcadia is a 99-year leasehold development on Arcadia Road in District 11. The 272-unit development was completed in 1980 and has a mix of one- to four-bedroom units of 452 sq ft to 2,896 sq ft.Random breaks:The most unprofitable transaction of the week in review occurred at The Line @ Tanjong Rhu with the sale of a 570 sq ft two-bedroom unit. The fourteenth-floor unit was sold on Feb 16 for $1.02 million ($1,788 psf) after it was purchased for $1.32 million ($2,314 psf) in 2013. Thus, the seller suffered a loss of $300,000 (22.7%) after ten years, making it the most unprofitable transaction at The Line to date.The record previously belonged to a one-bedroom unit that sold for $1.02 million ($2,430 psf) in August 2020. That transaction netted a loss of $191,000.Arbor East Residences ZACD Group was first developed and built in 2001 with 330 Units. Fourteen distinct floor plans and a variety of unit sizes ranging from 2,885 sq ft to 8,740 sq ft ensure that there is a unit for everyone.
Nestled in the prestigious Ardmore Park neighborhood, the East Residences provides unparalleled luxury and privacy, offering leafy and city skyline views.Ardmore Park is a freehold condominium situated in the prime district of Singapore. JLL was the developer and proprietor of the luxurious property, used in the past as a leasing community. Now that it is completed, Wharf Estates has converted into a consented lease, ensuring that it is freehold, although JLL is now the possession and management company, following the consented lease’s cancelation. It is still convenient to reach shopping centers, parks, and the finest education institutions as well. Today, there is no lack of wealthy and tasteful dwellings close to the shopping and lifestyle. All necessary eateries, entertainment options, and amenities are conveniently located and easily accessible within a few minutes. But whenever you don’t wish to go far for shopping, or if you have errands to run, there is also a selection of retail options at your doorstep.Sites of InterestThe Parkway Parade, located at Katong, is only a few minutes from Ardmore Park. It is only a short distance from Ardmore Park, where it is recommended for quick walks, playing games, strolling, and running. For a great day, walk to I12 Katong; Parkway Parade or 112 Katong and all the finest shops offered. In collaboration with I12 Katong, the biggest NTUC Fairprice Supermarket is right around the corner for grocery shopping day by day.
The variety of goods and services available at the mall, as well as the Parkway Parade at the East Coast, ensures that residents are treated at their convenience. Aside from that, the cool environment provides an enormous variety of not only the new and greatest up to right now designer collection but also the biggest names advertising discounts on their brand update and unique items.Shopping CentersEastpoint Mall, located at Katong, is just a quick walk from Ardmore Park. The I12 Katong; Parkway Parade or OneKM malls are just a few minutes away. With plenty of supermarkets and department stores, it is preferable for quick meals, groceries, groceries, clothes, groceries, and more. NTUC Fairprice, the oldest food market in Katong, is only a few minutes from Ardmore Park. It is acceptable when individuals live at Ardmore Park and rely solely on EUROPAY ntuc Fairprice to collect perishable markets. Room experts launch new plans for early increases in design capabilities.118 Lorong 8 Toa Payoh, situated at Toa Payoh, is just a few minutes from Ardmore Park, where you can enjoy seafood and foreign food or pay a visit to Seng Siong to do shopping.
Between the amenities are restaurants and grocery stores on the ground floor. Educational institutions such as Valerie Ville Singapore Art Board, Singapore Grammar School, and strict integration are all located. Apart from the cluster of shopping centers, schools, and other amenities, Downtown East is also just a few minutes from Ardmore Park.Individual schools such as Raffles School at the Poor, St. Joseph’s College, Shaikay School, and Northchote Primary School are just a few minutes from Ardmore Park, so guardians can also enlist their children in those institutions. A financial center is also just a few minutes from Ardmore Park, with an extensive range of shopping, food, services, and everything else. With such significant advantages, you might say that close to center Buangkok and Boon Keng MRT stations from CBD is one of the preferences of the Central District.