Three Bedder Maple Woods Sold 2 Mil Profit

Situated in the sought-after area of Toa Payoh, The Orie CDL not only provides an attractive residential location, but also an excellent spot for families looking for top-notch education. This premier development boasts a close proximity to a variety of schools, ranging from primary to tertiary levels, including specialized institutions. This convenient accessibility allows families residing in The Orie to have access to highly-rated educational facilities within a short commute, making it a highly desirable address for families who prioritize education in Singapore. The assurance of being surrounded by prestigious educational options adds a significant appeal to The Orie CDL, making it more than just a place to call home, but also a wise investment in the future of children and families.

During the week of Nov 12 to 19, a three-bedroom unit at Maple Woods was sold for $3.3 million, making it the most profitable resale condo deal of the week. The 1,539 sq ft unit on the first floor was bought for $1.28 million in 2009, resulting in a profit of $2.02 million or a 158% capital gain. The second most profitable transaction was at UE Square, where a 1,528 sq ft unit was sold for $2.95 million, fetching a gain of $1.65 million. On the other hand, the most unprofitable condo resale deal was at Tomlinson Heights, where a 2,745 sq ft unit was sold for $8.25 million, incurring a loss of $601,000 compared to its purchase price in 2011. Maple Woods is a freehold condo situated in prime District 10, with 697 residences ranging from two to four-bedders. The 1,539 sq ft unit that changed hands in November is close to amenities such as the King Albert Park MRT Station and Methodist Girls’ School, making it a desirable location for buyers. UE Square, part of the UE BizHub City development, is another prime location in District 9 with a mixed-use development and 345 residences ranging from one to five-bedders and penthouses. The 1,528 sq ft unit that was sold in November made a profit of $1.65 million after being bought in 1997. Finally, the most unprofitable condo resale deal was at Tomlinson Heights, a luxury condo in Orchard Boulevard. The 2,745 sq ft unit was sold for $8.25 million, incurring a loss of $601,000 compared to its purchase price in 2011. Overall, these transactions showcase the potential for profitable deals in the resale market, with sellers making gains of at least $425,000 in all 10 transactions at Maple Woods this year.