The M condominium

The Selling of a unit in Caribbean at Keppel Bay, on Keppel Bay Drive, Created the top Profit of $2.4 million on the week of Dec 3 to 10. The 2,723 sq ft unit on the first floor has been purchased for $2.35 million ($864 psf) at October 2000 and marketed for $4.75 million ($1,744 psf) on Dec 4. The seller consequently created a 102% gain, or an annualised gain of 4 percent over about 19 decades.

The M condominium, a new launch condo developed by Wing Tai Holdings Limited.

Situated in District 4, Caribbean at Keppel Bay has been finished in 2004 and contains 969 units onto a 99-year leasehold. It’s a 10-minute stroll into Harbourfront MRT Interchange Station on the North East and Circle Lines.

The 2nd best gain made within the week — a 101% gain of $1.39 million — was Richmond Park, on Bideford Road. This usually means that the vendor made an annualised gain of 5 percent over about 14 decades.

Richmond Parkin District 9, includes 159 freehold units. It was finished in 1996 and is a 12-minute stroll to Orchard MRT Station on the North-South Line.

A unit sold in Park Infinia at Wee Nam, together Lincoln Road at District 11, produced the third biggest gain over the week, netting a 151% gain of $1.3 million to the vendor. The seller consequently made an annualised gain of 7 percent over about 14 decades.

Park Infinia at Wee Nam, finished in 2008, includes 486 freehold units.

On the flip side, the best loss incurred within the week was in the resale price of a 1,410 sq ft unit in Buckley Classique at District 11. Having sold the house for about $ 2.6 million ($1,844 psf) on Dec 5, the seller endured a 12% reduction of $341,500. Within a holding period of eight decades, this translates into an annualised reduction of 1 percent.

Buckley Classique is a 64-unit, freehold job along Buckley Road. Finished in 2014, It’s an eight-minute walk to Novena MRT Station on the North-South Line.

Read more Penthouse at Chelsea Gardens opting for $4.9 mil

Penthouse at Chelsea Gardens opting for $4.9 mil

TInternational hotel brand Radisson Hotel Group has opened a brand new luxury beachfront hotel in Khanh Hoa province in Vietnam called Radisson Blu Resort Cam Ranh. The resort is managed under its”upper-upscale” resort brand Radisson Blu, which provides personalised services in trendy spaces.

The brand new resort is a 10-minute driveway from Cam Panh International Airport, which has international connections to major Asian cities such as Bangkok, Hong Kong, Seoul, and Shanghai.

The resort’s design is inspired by Vietnam’s fishing heritage, by an expansive lobby that features a weave pattern motivated by walkers’s baskets, to floor-to-ceiling windows that overlook the sea. There are 292 bedrooms, suites, and pool villas that range in size from 484 sq feet to 1,507 sq ft. There are 36 villas with private pools, cabanas, and al fresco dining areas.