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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%

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Ry-Anne Lim

Ry-Anne Lim

Published Wed, Jul 23, 2025 · 06:13 PM
    • 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.
    • 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. PHOTO: BT FILE

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Biggest losers and winners in Q2.pdf

    [SINGAPORE] A 8,051-square foot (sq ft) unit at Leedon Residence was sold for S$15.8 million in June, earning the seller a tidy S$3.3 million in profit after eight years. This made it the most profitable resale transaction by quantum in the second quarter of 2025. 

    The first-floor unit at the freehold luxury condominium in the prime District 10 was bought for S$12.5 million, or S$1,553 per square foot (psf), back in February 2017, according to data crunched for The Business Times by real estate consultancy Cushman & Wakefield. On a psf basis, the unit went at SS$1,962 psf in June 2025. 

    With a holding period of 8.4 years, the annualised profit works out to 2.8 per cent, with the seller’s gross gain amounting to about 26 per cent. 

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    Cushman & Wakefieldprivate home salesResidential propertySingapore residential propertyResidentialHousing

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