News > 184% and 199% Gain recorded at Windy Heights and Thomson 800 condos

184% and 199% Gain recorded at Windy Heights and Thomson 800 condos

9 July 2024

In the fourth week of June 2024, a 3-bedroom unit at Windy Heights condo recorded a $2.14 million gain after being held for 323 months. This 2,476 sqft unit, located on a low floor, was sold for $3.3 million, translating to $1,333 per square foot (PSF). This sale marks the highest profit ever recorded for 3-bedroom units within Windy Heights condo, surpassing a unit on higher floor, which was sold for $2.5 million in February 2021 and recorded a $1.7 million gain (214%) after 174 months.

Additionally, this transaction sets a new high for transacted PSF within Windy Heights condo, surpassing the previous record of $1.1 PSF set by another 3 bedder in December 2021.

Windy Heights is a freehold condo located in District 14 (D14) Bedok. Completed in 1983, it comprises 200 units of 3 and 4 bedrooms. Over the past 3 years, units at Windy Heights have transacted at an average of $1,078 - $1,206 PSF. The condo is situated within a 10-minute walk from both Kembangan and Kaki Bukit MRT stations and is surrounded by 9 schools within a 2-km radius, including Eunos Primary School and Haig Girls’ School.

Another noteworthy transaction took place at Thomson 800 condo in Ang Mo Kio. A 3-bedroom unit at Thomson 800 condo recorded a remarkable 199% gain, amounting to $1.81 million after being held for 217 months, equating to an annual gain of 12%. The 1,410 sqft unit, located on a middle floor, was sold for $2.72 million ($1,929 PSF). This is the most profitable 3-bedroom transaction within Thomson 800 condo, beating the previous record of $1.79M in gain by a unit on higher floor in February 2023.

This sale also set a new record for the highest PSF transacted within Thomson 800 condo, surpassing the previous high of $1,920 PSF achieved by another unit in April 2023.

Thomson 800 is a freehold condo in District 11 (D11) Toa Payoh, completed in 1999, consisting of 5 blocks and 390 units ranging from 3 to 4 bedrooms. Over the past 3 years, units at Thomson 800 have transacted at an average of $1,285 - $1,732 PSF. The condo is conveniently located within a 5-minute walk from Caldecott MRT station and an 11-minute walk from Marymount and Braddell MRT station, with 17 schools within a 2-km radius, including Raffles Girls’ School and Catholic High School.

*Data is accurate as of the published date of this article.

*Disclaimer: Our real-time database is updated every time a transaction is submitted by an agency. While we strive to maintain the accuracy and completeness of the data, please note that transactions may not always be completed, and information provided may be subject to change or error.

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