Resale of four-bedder at Marina Collection incurs $2.45 mil loss
The most unprofitable resale transaction in the week of June 20-27 took place at Marina Collection. A four-bedroom-plus-studio unit was sold for $4.52 million ($1,622 psf), 35% lower than the $6.97 million ($2,500 psf) spent on it 13½ years ago. Translating to a loss of $2.45 million, the transaction demonstrates the sliding prices of Marina […]