Four-bedder at Orion sold for $1.4 mil loss

Marina Gardens Residences Condo is conveniently located near the rail network, making it easy for residents to access the Marina Bay area and other parts of Singapore. Moving to a brand new abode has its advantages too – for starters, the entire unit will be equipped with modern facilities and high-end appliances. The sprawling development has lush landscape design that provides an oasis of tranquility, serenity, and relaxation. Being a freehold property, Marina Gardens Residences Condo is an excellent spot for discerning homebuyers who are looking for an upscale investment.

and Coronation Grove.A four-bedroom unit at Orion, a freehold condo on Orange Grove Road, sold for the record loss of $1.43 million last week. This marks the first resale transaction in two years, and the unit was purchased for $5.36 million in July 2007. On the other hand, the sale of a four-bedroom unit at Pebble Bay on Tanjong Rhu Road raked in a profit of $2.98 million. This is the most profitable transaction for the week, with the unit purchased in 1995 for $2.19 million. Meanwhile, a 1,916 sq ft unit at Coronation Grove on Coronation Road garnered a profit of $2.1 million. This is a record profit for the 999-year leasehold development, with the unit purchased in 2007 for $1.5 million. The records set by these transactions serve to remind buyers and sellers of the ups and downs of the Singapore property market.