ONE JERVOIS

Beating the Market Price

The sellers wanted to move to a larger home, so they decided to sell this 1,701sqf property. The last time a unit was sold was when the owner purchased the property at $2.55 million in 2016

We noticed an upwards trend in psf moving from $1,499psf to $1,940psf, making our sale price a possibility.

Based on the market trends, as well as the demand for larger properties, we came to unison with the sellers and started to advertise at $3.4 million, way above the last transacted.

To maximize the opportunity for our client, we went heavy on marketing, created a home tour video, then advertised on our FacebookYouTube

Website, and various property portals.

End Result

Within 4 months, this gorgeous and spacious property was sold at a whopping $3.3 million, breaking the record.

(P.S. A lower floor unit was sold at $3.2mil just a couple of days before we did. For 4 storeys difference, and $100k more, ours smashed all records done so far!) 😊

Source: SquareFoot

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