Archive for category: Real Estate

When GuocoLand began the construction of their residences located at Lentor Modern, their mixed-use integrated development located in the Lentor Hills Estate, in September 2022, the project received the most enthusiastic reception. On the day of its launch there were 508 of 605 homes were sold, which resulted in an astounding 85% taking-up rate.

As the first launch of the rapidly growing neighborhood, Lentor Modern’s strong performance is a sign of a promising start for the new neighborhood. “Lentor Modern has demonstrated yet again our ability to identify emerging areas with great potential and our capacity to launch new and exciting developments to create a brand new identity for the district,” Cheng Hsing Yao GuocoLand’s CEO said in the press release.

Lumina Grand ebrochure represents a good thing for its residents by providing them with not just homes but also a remarkable lifestyle that is full of amenities and connectedness.

Since then, an additional 51 units were bought at Lentor Modern Based on caveats filed by Sept. 28. This signifies it’s Lentor Modern is over 92% sold, with units being traded at an average cost of $2,101 per square foot.

The project had the same success during this years EdgeProp Singapore Excellence Awards (EPEA). The project won seven wins, securing top awards for Top Development and Landscape Excellence and Innovation Excellence and Marketing Excellence and Design Excellence and sustainability Excellence as well as Showflat Excellence.

The activation of Lentor Hills
Lentor Modern sits on a 99-year leasehold site located on Lentor Central that was awarded to GuocoLand in July 2021, as part of an Government Land Sale (GLS) tender. The developer overcame eight other bidders to the site by offering $784.1 million, or $1,204 per square foot in plots (psf per plot ratio).

The 186,001 sq ft parcel that is primarily residential with commercial space on the first floor was the first parcel of land to be sold to the public in Lentor Hills. It is located close to Yio Chu Kang Road, the area is surrounded by established private housing enclaves for residents mostly composed of mixed land housing.

The auction of the first site located in Lentor Hills marked the initiation of a zone previously defined by empty land. The site saw a lot of competition because of close proximity of the newly built Lentor MRT Station. It is part of Thomson’s East Coast Line (TEL) The station was inaugurated at the end of August in 2021. It offers a direct connection to downtown and will provide further access to East after the completion of the TEL by 2025.

When it was granted this site on July 20, 2021. GuocoLand presented its concept of development to develop Lentor Modern a year later. The first and only mixed-use development integrated located in Lentor Hills, Lentor Modern will include three 25-story residential towers that will be atop the podium. The podium will house the mall, which has over 96,000 square feet in F&B and retail stores with one of the largest supermarkets in the area, which is 12,000 square feet as well as a 10,000 sq ft childcare center. It will also be linked to Lentor MRT Station. Lentor MRT Station.

In an August 31, 2022 press release, GuocoLand CEO Cheng acknowledged that the project’s contribution to shaping the environment that is Lentor Hills. “Our goal is to create Lentor Modern to completely transform into a new Lentor region into a luxurious and appealing lifestyle and residential place,” he said.

Beyond Lentor Modern Beyond Lentor Modern, the developer is a major player in the growth of the neighborhood. The developer launched the project in July. the Lentor Hills residences is a 598-unit condominium located on Lentor Hills Road by GuocoLand, Hong Leong Holdings and TID (a joint venture of Hong Leong Holdings and Mitsui Fudosan) it was put up for sale. Caveats filed as of September 28 reveal the condo has sold there were 385 (64%) of the condo’s units sold for the average of $2,082 per square foot. In April the joint venture of GuocoLand as well as Intrepid Investments (a subsidiary of Hong Leong Holdings) was granted an GLS site located at Lentor Gardens for $486.8 million ($985 per sq ft ppr). The development planned for the site will comprise 533 homes and will include 6,500 sq feet of child care facilities.

Design inspired by nature
Lentor Modern is nestled in an oasis of nature, with the beautiful nature that comprise Lower Peirce Reservoir Park, Thomson Nature Park, and Lower Seletar Reservoir Park nearby. In the near future, Hillock Park will be easily accessible across the street to Lentor Modern.

The condominium site was once located in Lentor Forest, with a freshwater stream. Inspired by the natural nature, GuocoLand wanted Lentor Modern’s design to reflect the ties to the natural world. ADDP Architects was brought on to create the design, along with the landscape architects Ortus Design.

In order to resemble a winding water flow, Lentor Modern features a collection connected waterbodies located on the fourth floor of the development. The total length is around 200 meters in total. The water bodies comprise an outdoor pool for leisure and a lap pool of 50m with a 25m length, as well as spa and jacuzzi pools.

The landscape at Lentor Modern was designed to incorporate the natural and organic look. On the first floor, a lovely green trail will be made by planting groves of trees. gigantic forests will also be established in the plaza in the mall’s public space.

The design inspired by nature extends to the facade of the residential towers that is dark and earthy shades. Entryways towards the building’s podiums are covered with plants that resemble the treetop canopy. Around 150 plants are expected to be cultivated in Lentor Modern.

Tang Kok Thye, associate partner of ADDP Architects, adds that attention was paid to the natural habitat and the flora and fauna that surround it and the way that the development may affect wildlife that lives in the vicinity. Glass with less reflection was selected in the design to minimize the possibility of birds flying through windows, along with balconies that have railings rather than glass panel.

Spaces for relaxation and to play
The majority of Lentor Modern’s facilities is situated along the water bodies that are interconnected on Level Four. Alongside these pools are numerous parks, gardens and lawns. There are also indoor and outdoor fitness centers and a sun deck as well as a mini-golf area. Also, there is tennis courts as well as a playground. There is also an allotment garden that includes community plants, and an area that has glamping tents.

The clubhouse of the condo offers functions rooms as well as an office lounge as well as a games room, and some dance classes. On the 14th floor in each of three towers of residential the Sky Club offers additional open spaces for exercise and dining, two dining areas to entertain natural-ly ventilated work areas as well as a club lounge that is air-conditioned.

As the post-pandemic transition was towards hybrid work, several areas were incorporated to accommodate people who work from home or study at home. The business lounge in the clubhouse features private booths for hot-desking as well as an event space that can hold up to six persons and at 14th level, the lounge and work areas offer alternative places to work. On the fourth level Four residents can walk into any of the pavilions to host private calls and sessions for private tuition and study group.

Modern luxurious living
Lentor Modern is the 3rd development to be launched within GuocoLand’s “Modern” series of homes. The initial development of this series will be Martin Modern, the 450-unit residential development located situated on Martin Place, which launched in July 2017 and finished in the year 2021. The development was completed in March of 2021. GuocoLand announced Midtown Modern the 558-unit, integrated development along Tan Quee Lan Street.

According to GuocoLand this series embodies the modern lifestyle of luxury through classic and timeless architecture, combined with a flexible and efficient layout that allows for the needs of working, living and entertaining at home. It also has a strong emphasis on health and wellness by allowing access to the outdoors and a focus on interaction through sharing amenities.

In Lentor Modern, units comprise one-to four-bedroom apartments with sizes ranging from 527 sq feet to 1,528 square feet. The concept of a “flex area” was added to the layout of two-to-four-bedroom units. The space is able to be modified to serve a variety of purposes like an office in the home as well as a nursery or hobby room. The usage can change in accordance with the lifestyle of the homeowner. The home is equipped with windows to allow natural airflow.

For three- and four-bedders the flex room is located in the same room as the master bedroom which allows owners to utilize the space for an extra wardrobe, a baby room, or an ensuite study.

A number of thoughtful layout ideas were also incorporated into the design, including more efficient layouts for dumbbells that is suitable for two-bedroom units, dry and dry kitchen spaces for all four-bedroom units and a yard for 3 and 4 bedroom styles. Each unit comes with the kitchen equipment from Smeg along with bathroom accessories made by Hansgrohe as well as Roca.

In”Modern,” the “Modern” series residents at Lentor Modern will have access to a concierge service which provides help, such as delivery of parcels as well as taxi booking.

Transformation of Lentor
The first project to go live at Lentor Hills, GuocoLand faced the primary challenge of introducing prospective buyers the area. The emphasis on Lentor’s upcoming transformation with Lentor Modern and the future development were key to GuocoLand’s marketing plan for the development.

In the marketing materials that were distributed, details on the development plans for the area, including current and future plans for the area were included, and GuocoLand’s experience in creating transformative mixed-use developments such as Guoco Tower Guoco Midtown and Guoco Midtown were also mentioned.

In the case of Lentor Modern specifically, GuocoLand highlighted the “One lift Ride Lifestyle” which the project offers that allows residents to ride an elevator from their residence directly to the mall that is integrated with an array of grocery, retail and F&B choices. It is a transit-oriented community that is integrated with Lentor MRT Station Lentor MRT Station, residents are able to take a quick and easy way towards Orchard Road, Singapore Botanic Gardens and Marina Bay, the CBD along with Marina Bay.

The sales gallery in the project was designed to enhance the design and concept that is Lentor Modern. The gallery features an open space with a skylight which is home to the model while steps lead visitors into an additional area that is home to the exhibitflat units. The design is reminiscent of the building The sales gallery uses an earthy palette, paired with lush vegetation and natural lighting to offer an experience that is unique to visitors.

The Tre Ver may be Singapore’s most impressive example of a housing project which truly embraces the duality of its natural surroundings, linking the riverfront with its surrounding greenery. It’s not surprising that the panel of judges for The EdgeProp Singapore Excellence Awards (EPEA) 2023 awarded the development The Tre Ver the Top Development award under the completed Central category.

Lumina Grand launch price will include approximately 510 residential units spread out among 10 blocks of 12 to 13 storey buildings each

The development was co-developed by majorboard-listed UOL Group and Singapore Land the Tre Ver is an apartment complex of 729 units located on Potong Pasir Avenue 1. The modern design of the project was created by award-winning architects firm Woha.

Tre Ver Tre Ver passed with flying marks across all categories including design and innovation, landscape and sustainability. The development actually received the top marks for excellence in landscape out of all the projects within the Completed Central category.

Rivers, trees home

The developers realized they had a chance to seize the chance to enhance the existing characteristics on the site when they bought the property in the year the year. The site was the previous Raintree Gardens, an unprofitable HUDC (or Housing and Urban Development Company estate that was purchased by a group at $344.2 million ($797 psf/plot ratio).

After months of thoughtful research and preparation The developers revealed the title of their new project in the year 2018. The Tre Ver blends the main components that make up this project. The initial word comes from “trees” in reference to the lush greenery that covers the site as well as the second word comes from “river” to refer to its vast 220km of frontage along Kallang River. Kallang River.

To realize this biophilic concept Woha was chosen. The architect business has always been a pioneer of eco-friendly design and is the source behind UOL Group’s renowned PARKROYAL COLLECTION Pickering and the recently redesigned Pan Pacific Orchard.

The concept The design The Tre Ver is designed to make the best use of the riverfront’s wide as well as the existing treeline that includes 12 protected rain trees and incorporates them through the gardens and courtyards, terraces, pools and waterfalls in the development. A riverfront widewalk that is being constructed gives residents a view of the river and recreational options.

The emphasis in biophilic design — a method of creating landscapes and buildings that fosters the connection between the human and the natural worldIt is in line with the tradition for Woha and is a key development objective of UOL Group and Singapore Land. These elements not only improve the overall aesthetics of the building, but enhance the overall living experience of residents.

A green landscape homes

In an site visit, the director of DP Green Yvonne Tan, who was also one on the jury, thought that the landscaping used to enhance the various areas of the lobby and communal spaces made each space distinct and add to the overall feeling of arriving.

The development makes the most of its 201,405 square feet area to distribute evenly the housing blocks and amenities and landscaping. There nine residential blocksthree 20-storey blocks, two 19-storey blocks, as well as four eight-storey blocks. The majority of% of the homes will offer views of the pool or river and the rest will have views of Bidadari and Woodleigh Park and the surrounding greenery.

The design of the residential blocks is contemporary and modern designs, with a focus of natural elements and the surrounding greenery. They are also designed to maximize wind flow throughout the entire development and decrease the amount of solar heat that is absorbed throughout the day.

These four blocks have an elongated contour that is filled with flowering plants and trees. In contrast, the five high-rise blocks are adorned with sky gardens on every floor which add to the overall feeling that vertical vegetation is present.

Its developers were also cognizant of Singapore’s desire to be the car-free lifestyle and added the 125 bike-parking spaces that are sheltered to encourage active mobility and sustainable last mile commuting. The development is situated 700m away from Potong Pasir MRT Station, and public buses are available to the area.

Plants that tolerate shade and drought were chosen to minimize the overall maintenance while allowing the plants to flourish. Natural mosquito- and insect repelling plants like eucalyptus mint, and lemongrass are planted throughout the development to lessen the need for fogging.

Evergreen appeal

It’s not surprising it was The Tre Ver was extremely loved by buyers. The property was the top-selling new project to launch for the month of August the year 2018. The project was announced for sale on August 4, and sold an impressive 164 units (22%) over 28 days. In the beginning, the median cost of an apartment in The Tre Ver was $1,551 per square foot.

In August of 2019 the development was the mark of% completely sold. The final unit was sold in April 2021 and the development had a median selling price of $1700 per square foot during that time.

Since the beginning of time, there has been a strong sub-sale marketplace which has seen more than 112 caveated sub-sales transactions in the last two years. This has increased the cost of selling of The Tre Ver to about $1,950 per sq ft in March. The most expensive sub-sale, on the basis of psf is a 1,335 sq feet unit located on the seventh floor. It sold for $2.56 million ($1,917 per square foot) in March.

The Wharf Residence A 999-year leasehold condominium that topped a list condos which saw a record PSF-price record between the 12th of September between 19 and 12. The reason for this was that the 1,066 square feet, two-bedroom apartment in the condo sold at $2.58 million, which is $2,421 per square foot. The owner purchased the property for $2.4 million ($2,252 per square foot) on the 10th of May 2018 which means that they earned $180,000.

Lumina Grand Bukit Batok West Ave 5 strategic location and excellent connectivity options ensure that residents can effortlessly traverse the city

It’s the third time that a resale has been completed for this property during the year. The first one was in April when a 1,033 square foot two-bedder was purchased for $2.46 million ($2,381 per square foot). The second deal included a two-bedder unit that occupied 1,066 square feet. It was purchased to the buyer for $2.33 million ($2,186 per square foot) at the end of May.

It was designed through Leonie Court, a wholly-owned subsidiary of CapitaLand, The Wharf Residence is a project consisting comprised of four 10 to 23-storey condominium blocks on Tong Watt Road in River Valley District 9. The project is completed as of 2012 and comprises in 186 homes. It is located in the property is accessible via Fort Canning MRT and Great World MRT Stations and is located close to Ngee Ann-Adelaide Educational Centre as well as River Valley Primary School, which is based on EdgeProp’s Landlens software.

The freehold condominium Robertson 100 has also seen the highest price for psf in the review period at $2,304 per square foot. This is following the sale of an 872 sq ft two-bedroom property for $2,088,888 September 18. The unit was bought by the buyer on May 29th, 2019 at a price of $1.59 million which is $1,827 per square foot, which is equivalent to $415,888 profit from the vendor. The latest deal surpasses the prior record by $2251 per sq ft, when it was a sale of a 1,044 sq. ft. three-bedder at $2.35 million (or $2,251 psf) in April.

Robertson 100 was completed in 2004 and has the 186 units. It was built in 2004 by MCL Land, a fully-owned subsidiary of the listed company Hongkong Land Holdings, a part of the Jardine Matheson Group. It is situated on Robertson Quay, in River Valley in District 9. It is walking distance of The Great World MRT and Havelock MRT Stations.

At the Sturdee Residences The 99-year leasehold condominium also witnessed the highest price for psf ever recorded at $2,192 per square foot. This was the result of the auction of a 420 square foot one-bedroom apartment for $920,000 on the 14th of September. The first time the unit has been resold. The owner bought the unit for $747,000 in the month of June. The owner earned $173,000. It is also the 17th unit to have been sold in the property this year. Based on caveats filed by the condo, the median psf cost of all units sold this year comes around $1,951 per sq ft.

The property is located in Beatty Road in Kallang, District 8 of Sturdee Residences is comprised of two 30-storey towers, which are home to an array of 305 condo units. The apartments range from 1- to 5-bedroom apartments which range from 420 sq ft to 1,830 square feet. The property was designed in partnership with SL Capital, a subsidiary of the local property development firm Sustained Land. It is walking distance to Bendemeer MRT and Farrer Park MRT Stations.

The condo was sold out in August of 2018, a year after it was completed. In its preview event for VIPs on the 16th of June in 2016, condominium was sold out for 40% or 122 units for an average of $1,550 per square foot. The prices started from 680,000 dollars for a 420 square foot one-bedroom apartment; up or $3.2 million for an 1,830 square foot penthouse with five bedrooms. The high rate of take-up can be explained by its urban fringe location and access to 2 MRT stations.

The average rents of apartments at Sturdee Residences are in the range of $2.50 and $9.5 per month. That’s an average of 4.1% in rental yield for landlords.

UK developer St George, an affiliate that is part of The Berkeley Group, is unveiling its newest project, Camden Goods Yard, to prospective customers in Singapore. The property is situated in the sought-after Camden region in North London, this 999-year leasehold mixed-use development covers 8 acres located in between Camden Town, Primrose Hill and Regent’s Park. The development is expected to complete in stages beginning at the end of second quarter 2025. It will add 644 homes to the area.

Lumina Grand condominium stands out for its outstanding amenities and connectivity, giving potential homeowners two benefits.

The initial stage in the project, Primrose House comprises 110 homes that comprise studios as well as one three and two-bedroom units. The apartments are situated in two towers that span 11 and 14 storeys, which each share the same podium.

Primrose house Primrose House and Camden Goods Yard will be open to buyers from Oct 14-15. St George and Benham & Reeves which is the project’s sole marketing agent located in Singapore will host an open house at Berkeley’s local office, located on the 16th floor of Marina Bay Financial Centre Tower 2 between 11am-6pm.

UK developer St George, an affiliate to The Berkeley Group, is debuting its latest venture, Camden Goods Yard, for potential purchasers in Singapore. The property is situated in the sought-after Camden neighborhood in North London, this 999-year leasehold mixed-use development covers an area of eight acres located within Camden Town, Primrose Hill and Regent’s Park. The development is scheduled for completion in stages beginning with the 2nd quarter of 2025. It will add 644 homes to the area.

The initial stage of development Primrose House comprises 110 homes that comprise studios and one, twothree-bedroom units. The apartments are situated in two towers that span eleven and 14 stories that each share the same podium.

Primrose house Primrose House and Camden Goods Yard will be open to buyers from October 14-15. St George and Benham & Reeves who are the exclusive marketing agent located in Singapore will host an open house at Berkeley’s local office located on level 16 in Marina Bay Financial Centre Tower 2 between 11am and 6pm.

Prime location
The most notable feature for Camden Goods Yard is its excellent location close to Central London, says Doris Tan Regional director at Benham & Reeves. “The project is near to many amenities as well as the top universities of London which is an important draw for Singapore potential buyers” the director adds.

The property is a six- to nine-minute walk from Chalk Farm as well as Camden Town tube stations, located in Zone 2. King’s Cross St Pancras Station which is a terminus with Six Underground line, is just a 10-minute ride on the tube, and Oxford Circus can be reached within 20 minutes.

Many of the top London universities are situated within the vicinity. It includes University College of London and the London School of Economics, which require a nine-minute commute and 22-minute train ride away and bus, respectively. Furthermore, several elementary and secondary school are located within walking distance of Camden Good Yard, including Primrose Hill Primary School and Hampstead Fine Arts College.

Camden Town boasts a diverse variety of eateries and shops that line it’s High Street, just an 11-minute stroll from Primrose House. In the vicinity of Regent Canal, the renowned Camden Market awaits with its numerous stalls selling items from the past, food and much other. Boutiques and cafes with a high-end style are located in the Primrose Hill region. Residents of Primrose House can also benefit from the wide range of greenery available and parks like Hampstead Heath and Regent’s Park close by.

Built for ease of living
The residences in Primrose House are planned to meet the highest standards as well as being exquisitely appointed residences. UK Design Studio Tara Bernerd & Partners was given the task of creating unique interiors for the development. The studio has collaborated on Interior design for upscale hotels such as The Four Seasons in London, New York and Fort Lauderdale, Conrad Los Angeles and Rosewood Munich.

Studio units cover 453 square feet. one-bedders begin at 548 square feet. Two-bedders come in at 883 sq ft. three-bedders begin at 1,011 square feet. Each house has engineered wood flooring throughout the principal areas as well as carpeted floors in bedrooms. The custom-designed kitchen is equipped with kitchen appliances, such as refrigerator dishwasher, oven microwave, and wine cooler. For the two- or three-bedders, each room is fully-equipped. The buyer can pick between two different interior designs. The Hockney palette has darker tones and the Hepworth palette features lighter-coloured finishes.

The residents of Primrose House can enjoy an array of facilities that include an indoor 18m swimming pool, a gym and a wellness room with steam rooms and saunas. Primrose House also has an inviting space for guests to relax, a lounge with co-working space, as well as three cinema rooms that are equipped with the latest technology in sound and vision to provide a truly immersive film experience. The prices of the rooms in Primrose House are expected to begin at GBP900,000.00 ($1.49 millions) for a single bed and starting at GBP1.5 million for two beds. Benham & Reeves’ Tan expects a flurry of interest to the project due to the high-end product’s features and its developer’s track record and its status as a brand new project within the well-established Camden region. “People who are accustomed to London and who are seeking a desirable central London area will be interested in the development,” she adds.

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The purchase of a three-bedroom apartment in Country Grandeur was the most profitable condo resales in the week of September 5-12 according to caveats filed with URA. The 1,442 square foot unit located on the third floor sold at $2.72 million ($1,886 per square foot) on the 6th of Sept. The unit was purchased through the sale of developer developer on May 15, 1995, for $920,000 ($638 per square foot) that is, they earned an income in the amount of $1.8 million. This amounts to the capital gain of the sum of 196% in a time that was more than 28 years.

It is probably the best resale sale that has occurred in Country Grandeur to this point. It is higher than the previous record, set on October 28 2022. A 1,442 sq ft apartment sold for $2.6 million ($1,803 per sq ft). The seller purchased the property for $880,000 ($610 per sq ft) in January of 1996. That is a gain that was $1.72 million.

Country Grandeur is a freehold development located on Lorong Puntong, off Sin Ming Avenue in the Bishan district of District 20. The development was finished in the year 1996 and houses 68 residents, which is just three bedders with 1,442 square feet each. Country Grandeur has a relatively lower resale volume and the one that was sold on September 6 as the first unit to be sold following the sale on October 28 the previous year. This latest sale also sets a new PSF-price highest for the area.

The second highest-profitable condo resale sale during the week-in-review included the purchase of three bedrooms condo in The Regency at Tiong Bahru. The 1,281 square feet apartment on the 22nd floor sold at $3.088 million ($2,411 per square foot) on September 7. The seller purchased the unit at $1.4 million ($1,093 per square foot) at the end of August in 2009. This resulted in a profit of $1.688 million, or 121% during a time of around 14 years. It is the second most profitable resale transaction by The Regency at Tiong Bahru in accordance with caveats filed. The most profitable sale took place on the 21st of March the 21st, when the 1,281 square feet unit was sold at $2.85 million ($2,225 per sq ft). The seller purchased this unit back in the month of December for $958,00 ($748 per sq ft) that means they earned $1.89 million.

The Regency in Tiong Bahru is a freehold condo owned by UOL Group at Chay Yan Street in District 3. It is situated at the center of the Tiong Bahru estate, adjacent to the numerous cafes and shops which run along Yong Siak Street, Chay Yan Street and Moh Guan Terrace. It was built in the year 2010 and includes two- to four-bedroom units ranging from 926 sq ft to 1,636 sq feet and is housed in two 35-storey towers.

Alongside the properties that were sold on September 7 between March 21 and Sept 7, the project has seen five more resales transactions this year. All of them were profitable for the sellers. The units, which range between 958 and 1,636 square feet, were sold for $2.18 million to $3.647 million or between $2,188 to $2,276 per square foot. The owners of the apartments realized gains of varying between $748,000 and $1.617 million.

However there was just one transaction that was not profitable during the week of the review. It was recorded in Urban Vista. One bedder of 549 square feet was sold for $810,000 ($1,476 per sq ft) on September 7. The buyer purchased the seller for around $819,600 ($1,493 per square foot) at the end of March. This means they lost around $9,500 or one% after keeping the unit for about 10 half years.

Urban Vista is a 99-year leasehold condominium located situated on Tanah Merah Kechil Link, only a few steps to Tanah Merah Kechil Link, which is the Tanah Merah LRT Station on the East-West Line. It was completed in the year 2016 through Fragrance Group and Aspial Corp The District 16 development includes 582 units that range from one-to-five-bedders that range in size between 431 to 1,862 square feet.

Information gathered from EdgeProp Research shows there have four other resales in Urban Vista this year that were below the purchase price, due to caveats filed. The 27th of June, the owner of an 893 square foot unit made an estimated loss of $121,000 after it was sold at $1.235 million ($1,382 per square foot). Prior to that, a 1,485 sq square feet unit was sold on March 27, at an expense of less than $139,000. On March 17 two units weighing 1,324 and 1,044 square feet were sold at a loss of $200,000 and $5,000, respectively.