Duplex penthouse at Leedon Residence yields $2.8 mil profit
The most profitable resale transaction at The Sail took place in October 2019, where a 624 sq ft unit on the 47th floor was sold for $2.78 million ($4,467 psf). This unit had been purchased for $1.4 million ($2,234 psf) in May 2011, resulting in a whopping $1.38 million (99%) profit. An annualised gain of 20.2% was earned over nine years.
The most profitable resale transaction to close between Feb 28 and March 7 was the sale of a 3,746 sq ft, four-bedroom duplex penthouse at Leedon Residence. The unit was sold for $9.5 million ($2,536 psf) on March 2 and fetched a $2.8 million (42%) profit for the seller, equating to an annualised gain of 7.1% in five years.
Altura EC is a 99-year leasehold executive condominium in Bukit Batok West Avenue 8 with 375 residential units. Qingjian Realty and Santarli proposed the highest bid of $662 per sqft, …