In recent years, condominiums have been some of the most profitable real estate investments in Singapore. Thanks to a combination of strong economic growth, limited land supply, and healthy demand from both local and foreign buyers, prices for condos have steadily risen, making them a sound investment for those looking to make some money in the real estate market.
In this post, we’ll take a look at the five most profitable condo developments in Singapore. We’ll discuss what makes these condos so valuable and offer some insights into the current state of the condo market in Singapore.
The Parc Riviera
The Parc Riviera condominium in Singapore saw a high level of success in the real estate market last year. Out of 85 total sale transactions, 78 resulted in a profit for sellers. This shows that demand for units in the building is high and that buyers are willing to pay above market value. Contributing factors to this success may include the spacious layouts and modern design of the units, as well as the convenience of its location near multiple transportation options and amenities such as shopping malls and schools. The seven unprofitable sales could potentially be attributed to sellers setting unrealistic asking prices or other individual reasons unrelated to the overall attractiveness of the building. Overall, Parc Riviera continues to be a highly sought-after choice among buyers in Singapore’s competitive housing market.
Image source: Edge Research
D’Leedon, a luxury condo complex located in districts 9, 10, and 11 of Singapore, has recently been named one of the top five developments in the country. What sets D’Leedon apart from the rest is its unique architecture and design. The building was designed by award-winning architect Zaha Hadid in collaboration with environmental consultants Arup Associates. Each unit features large bay windows that allow for natural light and stunning views of the city skyline. The building also boasts three sky terraces with infinity pools, gardens, and a playground. D’Leedon residents have access to luxurious amenities such as a concierge service and 24-hour security. It’s no surprise that this top-notch development rose above the rest in its prestigious location. Living at D’Leedon not only means having access to high-end facilities, but also being at the centre of Singapore’s cultural hub with eateries, shopping malls, and entertainment options nearby. It truly offers a one-of-a-kind living experience.
Sims Urban Oasis
It is not unusual for any real estate property to have a mix of profitable and unprofitable transactions, which can be attributed to a variety of factors including market trends, unit size, and location. At Sims Urban Oasis, 72 out of 87 transactions over the last 12 months have been profitable. While it may seem concerning that 15 transactions were not profitable, it’s important to note that the overall success rate for this property is an impressive 82.76%. In addition, as market conditions fluctuate and new units become available, we can expect to see shifts in profitability for various transactions. Ultimately, the focus should be on the overall performance and potential for growth rather than individual transaction results. As demonstrated by its strong profitability rate and promising future developments, Sims Urban Oasis remains a valuable investment opportunity.
At Kingsford Waterbay, residents can enjoy the best of both the city and nature. The development is situated in close proximity to the bustling Sungei Serangoon, where there are numerous shopping and dining options. It’s also a short distance from Punggol Park, providing easy access to outdoor activities such as jogging or cycling. But even within the development itself, there are numerous amenities for residents to take advantage of. These include an infinity pool, tennis courts, and a gym. In addition, the landscaped gardens provide a tranquil escape from the hustle and bustle of city life. With its convenient location and diverse range of amenities, Kingsford Waterbay offers a truly unique living experience.
If you are looking for a luxurious new home in the East, look no further than D’Nest. Located near Pasir Ris 8, this stunning condominium offers stunning views and top-notch amenities. It’s not surprising that D’Nest sold 85% of its units during its launch weekend last July – who wouldn’t want to live in such a beautiful and convenient location? With a sleek modern design and top-quality finishes, D’Nest truly raises the bar for luxury living. Its proximity to incredible dining and shopping options, along with nearby MRT access, adds even more value to an already impressive property. Don’t miss your chance to live in the lap of luxury at D’Nest.
At D’Leedon, you can enjoy luxurious amenities such as a concierge service and 24-hour security. It truly offers a one-of-a-kind living experience with its unique architecture and design. Sims Urban Oasis is also a top pick for luxury living. With its strong profitability rate and promising future developments, it remains a valuable investment opportunity. Kingsford Waterbay is another great option if you are looking for beautiful views and an idyllic location. With so many amazing properties to choose from, there is something for everyone when it comes to luxury real estate in Singapore. So what are you waiting for? Start your search today!