99-year Leasehold Condos with More Than $1mil in Profit in Districts 9, 10 & 11

8 Sep 2022

Amaryllis Ville

Location: 22 Newton Road, Singapore 307990
Tenure: 99 years from 1997
District: 11
Completion: 2004
No. of unit: 311

Profitable transactions: 348
Unprofitable transactions: 18
Profit range: $3,000 – $1,225,000

Top 3 most profitable transactions

Date
Unit Size (sq ft)
Sale Price (psf)
Purchase Date
Purchase Price (psf)
Profit
29 Mar 2021
1,690
$1,672
24 Jul 2003
$947
$1,225,000
27 Aug 2013
1,690
$1,539
20 Aug 2005
$840
$1,180,000
25 Sep 2020
1,690
$1,645
24 Jul 2006
$957
$1,162,000

Price and Rental Comparisons (Up to 10)

PROJECT
TENURE
COMPLETION
DISTANCE (M)
LOWEST PRICE* (S$ PSF)
AVERAGE PRICE* (S$ PSF)
HIGHEST PRICE* (S$ PSF PM)
LOWEST RENTAL* (S$ PSF PM)
AVERAGE RENTAL* (S$ PSF PM)
HIGHEST RENTAL* (S$ PSF PM)
RENTAL YIELD (%)
AMARYLLIS VILLE
99 YRS FROM 1997
2004
-
1,785
1,832
1,879
3.45
4.54
5.79
3.0
THE LINC
FREEHOLD
2006
68
2,030
2,030
2,030
3.72
3.89
4.05
2.3
THE LINCOLN RESIDENCES
FREEHOLD
2011
81
1,983
2,011
2,039
3.72
4.80
5.48
2.9
ROCHELLE AT NEWTON
99 YRS FROM 2008
2012
82
1,686
1,725
1,763
3.78
4.50
5.05
3.1
MIRO
FREEHOLD
2012
102
1,558
1,592
1,626
3.36
3.93
4.57
3.0
NEWTON 18
FREEHOLD
2002
105
1,858
1,983
2,052
3.29
4.43
5.54
2.7
26 NEWTON
FREEHOLD
2016
108
1,965
2,122
2,278
3.88
6.23
7.78
3.5
THE LINCOLN MODERN
FREEHOLD
2003
136
1,706
1,706
1,706
3.66
3.82
3.93
2.7
NEWTON 21
FREEHOLD
2004
163
2,154
2,154
2,154
-
-
-
-
PARK INFINIA AT WEE NAM
FREEHOLD
2008
182
2,104
2,368
2,518
3.90
5.23
7.76
2.6
Table 1

Duchess Crest

Location: 68 Duchess Avenue, Singapore 269129
Tenure: 99 years from 1995
District: 10
Completion: 1998
No. of units: 251

Profitable transactions: 287
Unprofitable transactions: 97
Profit range: $15,322 – $2,659,000

Top 3 most profitable transactions

Date
Unit Size (sq ft)
Sale Price (psf)
Purchase Date
Purchase Price (psf)
Profit
17 Oct 2014
4,241
$1,203
3 May 1999
$616
$2,659,000
23 Jul 2021
1,711
$1,507
22 Dec 2005
$538
$1,660,000
24 Aug 2022
2,088
$1,652
14 Jul 2009
$865
$1,643,708

Price and Rental Comparisons (Up to 10)

PROJECT
TENURE
COMPLETION
DISTANCE (M)
LOWEST PRICE* (S$ PSF)
AVERAGE PRICE* (S$ PSF)
HIGHEST PRICE* (S$ PSF PM)
LOWEST RENTAL* (S$ PSF PM)
AVERAGE RENTAL* (S$ PSF PM)
HIGHEST RENTAL* (S$ PSF PM)
RENTAL YIELD (%)
DUCHESS CREST
99 YRS FROM 1995
1998
-
1,544
1,644
1,692
2.12
3.79
5.69
2.8
DUCHESS RESIDENCES
999 YRS FROM 1875
2011
159
1,654
1,714
1,818
2.88
3.73
4.28
2.6
CASABELLA
FREEHOLD
2005
369
1,997
2,012
2,027
4.00
4.05
4.08
2.4
SHAMROCK PARK
FREEHOLD
UNKNOWN
611
2,152
2,337
2,691
2.11
2.80
3.89
1.4
DUNEARN SUITES
FREEHOLD
2011
866
1,904
1,904
1,904
3.47
4.94
6.22
3.1
FOURTH AVENUE RESIDENCES
99 YRS FROM 2018
UNCOMPLETED
887
2,339
2,523
2,686
-
-
-
-
CORONA VILLE
FREEHOLD
1983
903
1,564
1,574
1,583
1.87
2.06
2.26
1.6
D'LEEDON
99 YRS FROM 2010
2014
915
857
1,764
2,055
2.00
4.85
6.84
3.3
THE ASANA
FREEHOLD
2017
943
2,712
2,712
2,712
4.92
6.26
8.00
2.8
SHELFORD REGENCY
FREEHOLD
1998
965
1,958
1,958
1,958
3.04
3.83
4.42
2.3
Table 2

D’ Leedon

Location: 7 Leedon Heights, Singapore 267953
Tenure: 99 years from 2010
District: 10
Completion: 2014
No. of units: 1,703

Profitable transactions: 273
Unprofitable transactions: 30
Profit range: $1,240 – $1,676,000

Top 3 most profitable transactions

Date
Unit Size (sq ft)
Sale Price (psf)
Purchase Date
Purchase Price (psf)
Profit
8 Jul 2022
4,650
$1,602
30 Nov 2017
$1,242
$1,676,000
22 Jul 2022
2,239
$2,055
24 Oct 2016
$1,436
$1,385,000
4 May 2022
2,454
$1,777
16 Apr 2013
$1,316
$1,129,260

Price and Rental Comparisons (Up to 10)

PROJECT
TENURE
COMPLETION
DISTANCE (M)
LOWEST PRICE* (S$ PSF)
AVERAGE PRICE* (S$ PSF)
HIGHEST PRICE* (S$ PSF PM)
LOWEST RENTAL* (S$ PSF PM)
AVERAGE RENTAL* (S$ PSF PM)
HIGHEST RENTAL* (S$ PSF PM)
RENTAL YIELD (%)
D'LEEDON
99 YRS FROM 2010
2014
-
857
1,764
2,055
2.00
4.85
6.84
3.3
SPANISH VILLAGE
FREEHOLD
1987
184
1,871
1,960
2,001
2.26
2.88
4.13
1.8
THE LEVELZ
FREEHOLD
2004
304
1,718
1,839
1,960
2.76
3.94
4.93
2.6
WILSHIRE RESIDENCES
FREEHOLD
UNCOMPLETED
365
2,655
2,718
2,825
-
-
-
-
LEEDON RESIDENCE
FREEHOLD
2015
395
2,567
2,620
2,663
4.19
5.30
6.98
2.4
LEEDON GREEN
FREEHOLD
UNCOMPLETED
426
2,462
2,801
3,081
-
-
-
-
WATERFALL GARDENS
FREEHOLD
2010
478
1,567
1,879
2,061
3.49
4.36
5.21
2.8
SOMMERVILLE PARK
FREEHOLD
1990
559
1,828
1,914
1,997
2.28
3.46
4.92
2.2
THE CORNWALL
FREEHOLD
2005
587
2,104
2,161
2,218
2.90
3.85
4.53
2.1
HYLL ON HOLLAND
FREEHOLD
UNCOMPLETED
675
2,448
2,671
2,938
-
-
-
-
Table 3

8 @ Mount Sophia

Location: 8 Mount Sophia, Singapore 228463
Tenure: 103 years from 2002
District: 9
Completion: 2007
No. of units: 313

Profitable transactions: 253
Unprofitable transactions: 23
Profit range: $15,000 – $1,872,848

Top 3 most profitable transactions

Date
Unit Size (sq ft)
Sale Price (psf)
Purchase Date
Purchase Price (psf)
Profit
31 Jul 2007
2,626
$1,260
27 Apr 2005
$547
$1,872,848
15 Feb 2008
2,164
$1,350
1 Sep 2006
$712
$1,380,000
26 Jan 2015
1,464
$1,653
12 Apr 2005
$778
$1,280,597

Price and Rental Comparisons (Up to 10)

PROJECT
TENURE
COMPLETION
DISTANCE (M)
LOWEST PRICE* (S$ PSF)
AVERAGE PRICE* (S$ PSF)
HIGHEST PRICE* (S$ PSF PM)
LOWEST RENTAL* (S$ PSF PM)
AVERAGE RENTAL* (S$ PSF PM)
HIGHEST RENTAL* (S$ PSF PM)
RENTAL YIELD (%)
8 @ MOUNT SOPHIA
103 YRS FROM 2002
2007
-
1,288
1,583
1,841
3.30
4.33
5.04
3.3
SUITES AT ORCHARD
99 YRS FROM 2007
2014
62
1,913
1,913
1,913
4.00
6.59
8.31
4.1
HAUS ON HANDY
99 YRS FROM 2018
UNCOMPLETED
133
2,571
2,672
2,811
-
-
-
-
MOUNT SOPHIA SUITES
FREEHOLD
2010
153
1,904
1,910
1,915
4.64
5.91
8.57
3.7
SOPHIA HILLS
99 YRS FROM 2013
2018
159
1,887
1,985
2,096
2.53
5.72
7.69
3.5
NOMU
FREEHOLD
2009
166
2,513
2,547
2,608
4.87
5.85
6.55
2.8
PARC SOPHIA
FREEHOLD
2011
185
1,588
1,700
1,894
3.73
5.00
6.77
3.5
1919
FREEHOLD
2015
212
2,004
2,097
2,190
4.19
5.28
6.00
3.0
JIA
FREEHOLD
2011
240
963
963
963
2.43
3.43
4.32
4.3
WILKIE 87
FREEHOLD
2004
258
1,607
1,607
1,607
3.26
3.26
3.26
2.4
Table 4

Spring Grove

Location: 53 Grange Road, Singapore 249565
Tenure: 99 years from 1991
District: 10
Completion: 1996
No. of units: 325

Profitable transactions: 227
Unprofitable transactions: 59
Profit range: $10,000 – $1,913,400

Top 3 most profitable transactions

Date
Unit Size (sq ft)
Sale Price (psf)
Purchase Date
Purchase Price (psf)
Profit
12 Apr 2010
2,702
$1,700
1 Mar 1995
$1,064
$1,913,400
21 Nov 2007
1,787
$1,634
25 Jul 2002
$672
$1,720,000
17 May 2022
1,668
$1,732
10 Nov 1998
$779
$1,590,000

Price and Rental Comparisons (Up to 10)

PROJECT
TENURE
COMPLETION
DISTANCE (M)
LOWEST PRICE* (S$ PSF)
AVERAGE PRICE* (S$ PSF)
HIGHEST PRICE* (S$ PSF PM)
LOWEST RENTAL* (S$ PSF PM)
AVERAGE RENTAL* (S$ PSF PM)
HIGHEST RENTAL* (S$ PSF PM)
RENTAL YIELD (%)
SPRING GROVE
99 YRS FROM 1991
1996
-
1,581
1,671
1,757
2.86
3.97
6.37
2.9
DRAGON VIEW PARK
FREEHOLD
UNKNOWN
107
2,290
2,290
2,290
-
-
-
-
GRAMERCY PARK
FREEHOLD
2016
137
3,201
3,289
3,377
4.88
5.77
7.36
2.1
THE MERCURY
FREEHOLD
2012
157
1,896
1,973
2,023
4.29
5.68
8.00
3.5
LATITUDE
FREEHOLD
2010
163
2,562
2,699
2,835
4.41
4.53
4.73
2.0
REGENCY PARK
FREEHOLD
1990
181
1,858
1,949
2,016
2.73
3.29
4.00
2.0
BEVERLY HILL
FREEHOLD
1983
183
2,367
2,367
2,367
-
-
-
-
NATHAN SUITES
FREEHOLD
2014
261
2,224
2,224
2,224
4.11
5.34
6.84
2.9
CLIVEDEN AT GRANGE
FREEHOLD
2011
269
2,648
2,845
3,300
3.68
4.66
5.61
2.0
THE MONTANA
FREEHOLD
2002
279
1,725
1,863
2,000
3.19
4.36
6.62
2.8
Table 5

Table 1 – 5 :

Note: Excludes properties with no transactions in the past 6 months, except for Subject Property. *Prices and rentals are based on data in the past 6 months. If Subject Property does not have transactions during this period, data shown is from the 6-month period from last transaction date.

Source: https://www.squarefoot.com.sg

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