Seller at D’Chateau @ Shelford suffers loss of $1.22 million

Seller at D’Chateau @ Shelford suffers loss of $1.22 million

Yahoo Singapore·2018-02-25 05:05

A 1,948 sq ft, three-bedroom unit at the freehold D’Chateau @ Shelford in prime District 11 changed hands for $1.83 million ($939 psf) on Feb 7. The transaction resulted in a $1.07 million (37%) loss for the seller, who purchased it for $2.9 million ($1,488 psf) in April 2015, as revealed from the matching of URA caveat data as at Feb 20. Owing to the holding period of 2.9 years, the previous owner is subject to an 8%, or $146,400 seller’s stamp duty on the sale price, which translates into total losses of $1.22 million (42%).

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Singapore Property