Zooming into the 25th‑Floor Win at Yong An Park
What the Numbers Say
- Sold on September 2021 for a solid $12.5 million.
- Purchased back in 2000 at a bargain price of only $3.8 million.
- Result? A mind‑blowing $8.7 million profit, the most lucrative “quantum” deal of Q3 2021.
- Spanning 6,577 sq ft, the sale price was a sizzling $1,901 psf, a leap from the original $578 psf more than two decades ago.
Why the Market Knew Who’s Got What’s Right
According to the Business Times, Edmund Tie Research performed the audit, pinning down transaction history and ranking deals by gains and losses. Their insights spotlighted this heydown as the biggest profit win in the period.
Growth Snapshot at Yong An Park
Our own Researcher data backs up the surge: unit prices at Yong An Park have sky‑rocketed 129.4% over the last 21 years, proving that patience does pay off.
Bottom Line
From a modest smart investment in 2000 to a blockbuster sale in 2021, this 25th‑floor gem demonstrates the power of rising property values—turning a $3.8 million purchase into a headline‑grabbing long‑term treasure.
<img alt="" data-caption="Prices of Yong An Park units have appreciated by 129.41% over the past 21 years.
PHOTO: URA, Realis and 99.co” data-entity-type=”file” data-entity-uuid=”098579ef-c503-4853-bf52-f16066ee0d15″ src=”/sites/default/files/inline-images/G11.JPG”/>
Q3’s Dream Deal: Parkview Mansions Hits the Jackpot!
Who knew a nine‑story dream could turn into a real‑money machine? In the third quarter, a nifty resale unit at Parkview Mansions, tucked away in Jurong East, smashed the charts by selling for a cool $965,000 back in July.
From Modest Beginnings to Wild Gains
- Original price (2005): $220,000
- Final sale price (2023): $965,000
- Profit: Nearly 340%!
Let’s break down the numbers:
- Size: 1,119 sq ft
- Price per square foot: Climbed from $197 to $862
Parkview’s 16‑Year Roller Coaster
But the magic doesn’t end with one contract. Over the past sixteen years, Parkview Mansions has seen its property values soar by a staggering 425.89% — proof that this is one of Singapore’s most rewarding residential hotspots.
<img alt="" data-caption="Parkview Mansions has seen a price appreciation of a whopping 425.89% over the past 16 years.
PHOTO: URA, Realis and 99.co” data-entity-type=”file” data-entity-uuid=”afae8a55-a709-4a5f-a570-a433f664fc39″ src=”/sites/default/files/inline-images/G22.JPG”/>
Parkview Mansions: The Tale of Two En Bloc Attempts
Picture this: In 2018, the developers behind Parkview Mansions toyed with the idea of going en bloc—a big “sell‑all‑together” move—to snap up the entire complex. They first dangled the offer in March for a whopping $320 million, only to pull back and make a second run in December at a more modest $250 million. It’s like ordering a pizza for two and then, because you’re on a diet, deciding to go half‑size.
2021 Quietly Churns the Finest Deals
Edmund Tie Research did a deep dive into the quarterly market and pinpointed the top five deals by percentage return. Here’s the low‑down:
- All five were freehold units—ownership that’s as solid as a rock.
- Each property had a holding time of at least 15 years, meaning buyers had been pretty patient.
- Four of the five came from the Condominium‑Constrained‑Residence (CCR) zone, a booming beachside hotspot.
Profit vs. Loss by Market District
Business Times quoted Edmund Tie’s senior director, Lam Chern Woon, who compared the hot spots:
“In Q3 2021, the highest‑return sales came from District 10, while District 9 saw the most loss‑making deals.”
“The typical holding period for the loss‑making units was only 10 years, contrasted with an 18‑year average for the profitable ones.”
So, what does that mean? In District 10, folks were more likely to sell before the market had time to hit the jackpot; in District 9, people stuck with their assets long enough to ride the wave.
Why Some Units Fell Short
Out of the five loss‑making sales, four were held for 10‑14 years. All but one were freehold in the CCR, and Lam points out that most of those units were snapped up at the market’s 2007 peak. Think of it as buying a house at a rock concert—everyone’s buzzing, but you end up paying an above‑market price.
The worst case? A 7,050 sq ft leasehold unit in District 4 (within the RCR) that sold for only $11 million (about $1,560 psf) in September. Back in 2007, the same unit fetched a cool $17.95 million ($2,546 psf).
Price Trends in District 4
Looking at the past 14 years, the price per square foot (psf) of leasehold condos in District 4 has seen a roller‑coaster ride, yet the overall upward trend is around 14.86 percent. So, while the market has its ups and downs, the long‑run picture is still positive—just like your favourite brand of instant noodles that gets tastier with each bite.
In short, the Parkview story and the latest data paint a picture that patience, right timing, and a freehold status are the keys to turning real‑estate investments into gold. Hang in there, future homeowners, your high‑return prospects might just be around the corner.
<img alt="" data-caption="Price psf of leasehold condos in District 4 has been fluctuating over the past 14 years, with an overall price increase of 14.86 per cent.
PHOTO: URA, Realis and 99.co” data-entity-type=”file” data-entity-uuid=”1ced025c-3927-4e33-a6bb-c9e3b451dbbd” src=”/sites/default/files/inline-images/G33.JPG”/>
Condos for sale in District 4
Keep Your Eyes on These Gems
3 beds / 3 baths – 1,872 sq ft
Price: $3.8 M
$3.2 M
$2.6 M
$14.3 M
$2.7 M
4 beds / 4 baths – 3,209 sq ft
Price: $4.0 M
4 beds / 5 baths – 2,433 sq ft
Price: $4.1 M
4 beds / 4 baths – 6,028 sq ft
Price: $7.5 M
The Big Loss‑Making Deal
That’s a 20 % annualised loss over three years – a rough ride for any investor.
Market Pulse: District 16
Bottom Line
Keppel Bay is living the luxe life with units ranging from a cozy $2.6 M penthouse to a $15.5 M tower‑spanning sanctuary. Meanwhile, District 16 illustrates that not all storefronts are gold mines—some slip through the cracks. Keep an eye on the numbers, and maybe hold a little extra cash for the market’s wild rollercoaster!
<img alt="" data-caption="Leasehold condos in District 16 have a price increase of 0.24 per cent over the past three years.
PHOTO: URA, Realis and 99.co” data-entity-type=”file” data-entity-uuid=”47b5e82b-8bc8-496f-b13d-ff995d5da395″ src=”/sites/default/files/inline-images/G44.JPG”/>
Condos for sale in District 16
Hot Bedok Condos in 2025: A Quick Pick‑List
Want the lowdown on the juiciest resale properties around Bedok? Below is a breezy, no‑fuss rundown that tells you everything you need to decide which pad to call home.
Casafina – 215 Bedok Sth Ave 1
- 3 bedrooms
- 3 bathrooms
- 1,270 sq ft
- $1,295,000
Eco – 213 Bedok Sth Ave 3
- 1 bedroom
- 1 bathroom
- 657 sq ft
- $945,000
The Bayshore – 34 Bayshore Rd
- 3 bedrooms
- 3 bathrooms
- 1,238 sq ft
- $1,590,000
The Glades – 8 Bedok Rise
- 3 bedrooms
- 2 bathrooms
- 1,012 sq ft
- $1,380,000
Waterfront Key – 778 Bedok Reservoir Rd
- 3 bedrooms
- 3 bathrooms
- 1,206 sq ft
- $1,500,000
The Glades – 10 Bedok Rise
- 2 bedrooms
- 1 bathroom
- 624 sq ft
- $980,000
The Glades – 12 Bedok Rise
- 2 bedrooms
- 2 bathrooms
- 700 sq ft
- $1,150,000
Grandeur Park Residences – 1 Bedok Sth Ave 3
- 2 bedrooms
- 1 bathroom
- 850 sq ft
- $1,180,000
Eco – 273 Bedok Sth Ave 3
- 1 bedroom
- 1 bathroom
- 635 sq ft
- $884,000
Aquarius By The Park – 3 Bedok Reservoir View
- 3 bedrooms
- 3 bathrooms
- 1,206 sq ft
- $1,200,000
Quick Recap: From cosy one‑bedtoot suites to spacious tri‑bed ablums, Bedok offers a mix of comfy living and prime pricing. Pick the one that suits your appetite for space and your budget, and you’ll be living the good life in the heart of Singapore.
— This article was originally published on 99.co in the “Property – Condominiums – Resale Prices” section.
