One Robin boasts excellent attributes because of its location just off Bukit Timah Road. It is also within a short walk of the Stevens MRT Station on the Downtown Line. (Picture: Samuel Isaac Chua/The Edge Singapore)
EDGEPROP (SINGAPORE) - Appearing on the Colliers private treaty list this month is a four-bedroom duplex unit at One Robin. The 3,498 sq ft unit is on the 14th floor, and the property listing states it will cost $6.5 million ($1,858 psf). The unit is a bank sale and will be sold unfurnished. Colliers’ next auction will be held on Oct 26.
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The unit can be accessed through a private lift lobby connected to a living room, dining room and wet kitchen. A corridor leads to an en suite guest bedroom and a study room with a balcony. This floor also features a powder room and a household shelter. The rest of the living spaces are on this unit’s top floor, including two en suite bedrooms and the en suite master bedroom with a walk-in wardrobe.
One Robin is a freehold condominium development at 1 Robin Road, located near Bukit Timah in prime District 10. The boutique development consists of a single 17-storey residential tower that houses 14 units. The top four floors of the condominium accommodate two separate four-bedroom duplexes, while the rest of the units are three-bedders ranging from 1,948 sq ft to 1,905 sq ft in size.
Based on URA caveats, the duplex unit under the private treaty sale had previously changed hands for about $6 million ($1,712 psf) in May 2012. The unit had been bought from the developer for $4.81 million ($1,375 psf) in June 2009.
In the URA caveats compiled by EdgeProp Singapore, One Robin commands an average price of $1,529 psf. This is below the average asking prices set by most of the surrounding freehold residential developments. For example, nearby developments like Robin Residences on Robin Drive, The Legend on Bukit Timah Road, Robin Suites on Robin Road and Cliften on Ewe Boon Road have average asking prices of $2,310 psf, $1,731 psf, $2,431 psf, and $1,858 psf, respectively.
The most recent en bloc sale in that area occurred in July last year when a consortium of unnamed local property developers bought a 10,245 sq ft, freehold development at 6A/B/C Robin Drive for $17 million ($1,454 psf per plot ratio). The deal was closed by Edmund Tie. (See potential condos with en bloc calculator)
So far this year, one recorded transaction at One Robin was the sale of a 1,905 sq ft unit on the ninth floor for $2.2 million ($1,155 psf) on March 22. There were two resale transactions at One Robin last year: A 1,905 sq ft unit on the 13th floor was sold for $3.3 million ($1,732 psf) in May. In December, a 1,948 sq ft unit on the 10th floor was sold for $3.63 million ($1,863 psf), the highest psf price paid for a unit at One Robin.
One Robin boasts excellent attributes because of its location just off Bukit Timah Road. It is also within a short walk of the Stevens MRT Station on the Downtown Line.
The development will appeal to families with school-going children as it is near Anglo-Chinese School (Primary), Singapore Chinese Girls’ Primary School, and St Joseph’s Institution.
One Robin also enjoys good transport connectivity through nearby major roads and expressways such as Bukit Timah Road, Dunearn Road, Scotts Road, and the Pan Island Expressway (PIE).
Check out the latest listings near One Robin, Robin Residences, The Legend, Stevens MRT Station, Anglo-Chinese School (Primary), Singapore Chinese Girls’ Primary School, St Joseph’s Institution