SINGAPORE (EDGEPROP) - A four-bedroom duplex unit at One Robin will be on the block at Singapore Realtors Inc’s (SRI) auction on July 20. The 3,498 sq ft unit on the 14th floor is a bank sale with a guide price of $6.1 million, translating to $1,743 psf.
The lower floor of the duplex comprises a private lift lobby that leads to a dedicated living area with an attached balcony. The enclosed kitchen, which features a utility room and a toilet, is connected to the living room. There is an en suite guest bedroom and a separate dining room with an attached balcony.
The upper floor comprises three bedrooms and a small family area. The en suite master bedroom includes a walk-in wardrobe, while the other two are en suite.
One Robin is a freehold condo at 1 Robin Road, off Bukit Timah Road, in prime District 10. The 14-unit boutique project was completed in 2009 by Popular Holdings when the company briefly ventured into property development in the late-2000s while having interests in the book publishing, distribution and retail business. Under its subsidiary, Popular Land, the company completed three boutique projects, One Robin; 18 Shelford on Shelford Road; and 8 Raja at Jalan Raja Udang, off Balestier Road.
One Robin consists mainly of four-bedroom units ranging from 1,905 sq ft to 1,948 sq ft, each occupying an entire floor. Besides the duplex unit on sale, the development also has another 3,498 sq ft, duplex unit on the 16th floor.
Based on a tabulation of resale caveats at One Robin by EdgeProp Singapore, the average price at the boutique project has been climbing over the past few years. The average price was about $1,612 psf in May 2013 and has risen to $1,968 psf as of May 2023.
EdgeProp Singapore reported in April last year that the condo touched a new price low of $1,155 psf on March 22 when a 1,905 sq ft unit on the ninth floor was sold for $2.2 million. The seller made a $537,900 loss on the sale as the unit had been bought from the developer for $2.74 million ($1,437 psf) in June 2009.
Caveats lodged show the duplex on the 14th floor fetched the highest price for the development on record when it was sold for $5.99 million ($1,712 psf) in May 2012. The next highest price was from the sub-sale of the 16th-floor duplex, for $5.7 million ($1,629 psf) in September 2009.
One Robin is priced at an average of $1,968 psf. Neighbouring developments that were completed after it commands higher prices, such as Robin Residences ($2,414 psf), which was built in 2015; Robin Suites ($2,248 psf), completed in 2016; and Madison Residences ($2,317 psf), built in 2012.
There are two new luxury project launches in the vicinity. The 230-unit Perfect Ten on Bukit Timah Road by Hong Kong developer CK Asset Holdings was launched in December 2021, and the developer has stuck to an average selling price of $3,200 psf since. Based on developer sales data, the project is about 95% sold as of the end of May.
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Over at nearby Dalvey Road is the 17-unit Dalvey Haus by mainboard listed property group KOP and Low Keng Huat. Although it was launched in February 2020, the luxury project is about 53% sold to date. Lodged caveats indicate that the average selling price is about $3,685 psf. The project is expected to be completed before the end of September this year.
One Robin is less than 300m from Stevens MRT Interchange Station on the Downtown and Thomson-East Coast Lines. Botanic Gardens Interchange Station serves the Downtown and Circle Lines and is one station away. The station faces the Bukit Timah gate of the Singapore Botanic Gardens, and commercial amenities in the area can be found at the neighbouring Cluny Court on Bukit Timah Road and Serene Centre on Jalan Serene. (Find Singapore commercial properties with our commercial directory)
Schools nearby include Anglo-Chinese School (Primary) on Barker Road, Singapore Chinese Girls’ School on Dunearn Road, St Joseph’s Institution on Malcolm Road and St Margaret’s School on Farrer Road.
Several Good Class Bungalow areas are in the neighbourhood, such as Cluny Park, Nassim Road, White House Park, and Dalvey Estate. Other landed estates comprise either two- or three-storey mixed-landed enclaves.
Check out the latest listings near One Robin, Robin Residences, Robin Suites, Madison Residences, Perfect Ten, Dalvey Haus, White House Park, Cluny Park, Nassim Road, Stevens MRT Interchange Station, Anglo-Chinese School (Primary), Singapore Chinese Girls’ School, St Joseph’s Institution, St Margaret’s School