Cushman & Wakefield

Loss-making private home resale deals inch up in Q3 amid economic uncertainty

The biggest loser of the quarter is a 2,379 sq ft unit in Marina Bay Residences, which was sold at a S$3.2 million loss

The site is currently occupied by a pair of three-storey semi-detached houses and a childcare centre.

Dublin Road freehold residential site up for sale at S$49.8 million guide price

The site comprises three adjoining land parcels with a combined area of 1,850.5 sq m

Cushman & Wakefield and Savills have been appointed to market The Clementi Mall, which has a five-storey retail podium and a basement level, with around 160 shops.

Cuscaden Peak to put The Clementi Mall up for sale at around S$750 million

The price tag is around 15% higher than its latest valuation of S$645 million

Four units at the Hundred Palms Residences along Yio Chu Kang Road were among the EC transactions that proved to be the most profitable in Q2 in terms of percentage gains.

S$15.8 million deal at Leedon Residence tops Q2 resale gains with seller earning S$3.3 million profit

Executive condos remain the most profitable by percentage, with sellers reaping profits of up to 143%

A penthouse unit at freehold luxury development Leedon Residence was sold for S$16 million in the first quarter, earning the seller S$4 million in profit.

S$16 million deal at Leedon Residence tops Q1 gains with seller reaping S$4 million profit

Share of loss-making resale transactions inch down on resilient demand and strong household balance sheets

The penthouse unit at the 99-year leasehold condominium in District 20 was bought at S$5.8 million back in December 2019.

Jadescape owner sells unit for S$4.4 million profit after 5 years, topping Q4 resale gains

Most buyers of condos worth S$10 million or more are permanent residents

A unit at the freehold luxury condo Four Seasons Park in prime District 10, minutes from the Orchard Road shopping belt, was sold for S$7.8 million in August.

Four Seasons Park unit almost doubles in price in under 4 years; S$3.8m profit leads Q3 resale winners

Share of loss-making resale transactions continues to inch down, thanks to resilient prices and demand

Located at One North Bridge Road, High Street Centre sits on a site spanning 60,298 sq ft with an allowable gross plot ratio of 7.72.

S$678 million High Street Centre sale falls through

Delay in fund remittance process leads buyer, a private equity fund, to miss deadline for payment of deposit

The biggest money-making deal by quantum in Q2 was for a 2,885 square foot unit at Ardmore Park condominium (pictured), which sold for S$11.9 million in May, earning the seller S$2.7 million in profit.

Prime residential properties account for majority of loss-making resale deals in Q2

Excluding executive condos, the most profitable trades by percentage were from homes in the suburbs, with sellers pocketing profits of up to 89 per cent

The owners of High Street Centre are now in the midst of collecting signatures to get an 80 per cent mandate to cut the reserve price.

High Street Centre gets offer of under S$700 million for collective sale

This is the latest en bloc attempt for owners of the 99-year leasehold development