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Unit at Elizabeth Heights sold for $2.54 mil profit

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Old 27-03-2020, 08:06 AM   #1
Join Date: Jul 2019
Posts: 147
Unit at Elizabeth Heights sold for $2.54 mil profit

The sale of a unit at Elizabeth Heights located on Cairnhill Road made the top gain of $2.54 million over the week of March 3 to 10. The 2,497 sq ft unit on the 12th floor was bought for $1.96 million ($785 psf) in November 1999 and sold for $4.5 million ($1,802 psf) on March 9. The seller therefore made a 130% profit, or an annualised profit of 4% over 20 years.

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