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
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
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
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%
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
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
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
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
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
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