Is it a Good Deal?: A three-bedder in RCR sold for a loss of $1.38 million

Is it a Good Deal?: A three-bedder in RCR sold for a loss of $1.38 million

Earlier this month, a three-bedroom unit on the first storey of Reflections at Keppel Bay was sold for $2.8 million ($1,616 psf), resulting in a loss of $1.38 million. The seller had purchased the 1,733-sq ft unit in August 2013 for $4.18 million ($2,412 psf). We used our analytics tool, Is it a Good Deal?, to determine whether the buyer of the unit in District 4 secured a good deal. Near water and greenery Reflections at Keppel Bay is located a…