Is it a Good Deal?: A 764-sq ft unit in District 1 sold at a loss of $513,500
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Is it a Good Deal?: A 764-sq ft unit in District 1 sold at a loss of $513,500
Last month, a one-bedroom duplex unit at The Clift was sold for $1.45 million ($1,897 psf), resulting in a loss of $513,500. The seller had purchased the unit from the developer in November 2011 for $1.964 million ($2,569 psf). We used our analytics tool, Is it a Good Deal?, to assess if the buyer of the 764-sq ft duplex secured a good deal. Walking distance to four MRT stations and numerous food centres The Clift is located along McCallum Stree…
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