Meanwhile, in the mass-market segment, two sellers at
Sea Esta also met with differing fortunes. One seller gained $113,000 while the other incurred a loss of $17,000. Both purchased their units in 2012 and resold them four years later, shortly after the expiry of the four-year seller’s stamp duty holding period. The profitable transaction involved a 980 sq ft unit on the seventh floor, which was purchased at $893 psf in July 2012 and resold at $988,000, or $1,009 psf, on Oct 3.