Rivergate three-bedder sale yields $2.89 mil profit

A three-bedroom apartment at waterfront freehold development Rivergate, along Robertson Quay, set the benchmark for profitable resale condo transactions during the week of Aug 4 to 11. The 1,507 sq ft unit on the 27th floor changed hands for $4.67 million ($3,099 psf) on Aug 4. It was purchased in July 2006 for…