The Altura EC Bukit Batok executive condominium will be built on a West Avenue 8 location, which is on the 2021 Confirmed List of Government Land Sales. Geared for residential use, the site has a maximum gross floor area of 37,348 square meters, and a height restriction between 60 and 70 meters. An estimated 375 residential units will be delivered in the project’s yield. Prospective developers can pick the site according to the pricing bracket they prefer.

At De Royale, the most profitable resale was the sale of a 3,240 sq ft, four-bedroom penthouse that changed hands for $2.89 million ($895 psf). It made a profit of $1.6 million (123%), earning an annualised profit of 6% over 13 years. A three-bedroom unit there was also sold for $2.2 million ($1,747 psf), earning a profit of $1.44 million (190.2%), with an annualised profit of 6.6% over almost 17 years.The second most profitable deal was at Tanglin Park’s 1,109 sq ft unit, with a profit of $1.38 million (112.7%), translating to an annualised profit of 3.3% over 23½ years. In contrast, the sale of two units at Marina Bay Residences resulted in losses ranging from $90,000 to $481,080. De Royale and Marina Bay Residences are the most expensive condos in the area. With prices on the rise, these profitable transactions may serve as an indication of a possible trend.