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Resale four-bedder at Clover By The Park sets record profit of $2.06 mil
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Resale four-bedder at Clover By The Park sets record profit of $2.06 mil
The sale of a four-bedroom apartment at Clover By The Park was the most profitable condo resale transaction from May 6 to 13. The 1,755 sq ft unit on the 30th floor fetched $3.34 million ($1,903 psf) on May 8. The seller had purchased the unit from the developer for $1.28 million ($729 psf) in April 2009. Thus, the seller raked in a profit of $2.06 million (160.9%), or an annualised profit of 6.1% over a holding period of over 16 years. Based o…
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