Author: leahlim   |   Latest post: Wed, 25 Nov 2020, 3:08 PM


Resale at The Ladyhill reaps $2.6 mil profit

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SINGAPORE (EDGEPROP) - The most profitable deal over the week of Oct 6 to 13 is the sale of a four-bedroom unit on the ground floor at The Ladyhill. It transacted at $6.95 million ($2,117 psf) on Oct 8, after having been previously bought at $4.34 million ($1,321 psf). It therefore earned the seller a 60% profit of $2.61 million, or an annualised profit of 3.1% over more than 15 years.
The Ladyhill is the maiden luxury condominium of SC Global Developments, now a developer well-known for its luxury offerings. The freehold development in prime District 10 is low-density, comprising just 55 units in a four-storey building. Architecture of the development is by award-winning SCDA Architects.


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