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Why We Bought A 4-Bedroom Unit At The Arden For $2.4m

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Cheryl

Cheryl has been writing about international property investments for the past two years since she has graduated from NUS with a bachelors in Real Estate.

As an avid investor herself, she mainly invests in cryptocurrency and stocks, with goals to include real estate, virtual and physical, into her portfolio in the future. Her aim as a writer at Stacked is to guide readers when it comes to real estate investments through her insights.

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Sunny
Sunny
4 months ago

Should be Choa Chu Kang instead of Bukit Panjang

Stacked Homes
Admin
4 months ago
Reply to  Sunny

Thanks for sharing that, it’s all within D23 but the technically correct planning area according to URA is Bukit Batok. We’ll reflect this change 🙂

Alex
Alex
4 months ago

I’m curious as to why they chose a unit which cost $1700 psf when they could get a penthouse which cost only $1500 psf. Firstly, why is the penthouse cheaper and secondly, what is the consideration behind not choosing a penthouse?

Stacked Homes
Admin
4 months ago
Reply to  Alex

Hey! Thanks for the question. The penthouse is usually bigger in size due to the higher ceiling which usually results in a lower $PSF but higher overall price. For example, #04-12 1,206 sq ft 4 bedroom is now $2,211,000 ($1,833 psf). For the penthouse, the #05-12 1,410 sq ft 4 bedroom is now $2,323,000 ($1,648 psf). So while the $PSF is higher, the buyer may not be willing to put up the difference as the extra high ceiling of 4.6m and higher floor (by just 1 level) may not justify the extra cost overall. Hope this clarifies!

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