$2.2 million in profit after 15 years for a 3-bedroom unit at The Dairy Farm Condo

In the first week of July 2024, a 3-bedroom unit at The Dairy Farm condo recorded a gain of $2.22 million after being held for 182 months (15 years). This 2,207 sqft first-floor unit sold for $3.4 million, translating to $1,540 per square foot (PSF). This sale is the second highest profit ever recorded at The Dairy Farm condo, surpassed only by a unit sold in October 2022, which recorded a $2.23 million gain (234%) after 187 months. 

The Dairy Farm, a freehold condo located in District 23 (D23) Bukit Panjang, was completed in 1989 and consists of 18 blocks and 477 units with 2-4 bedrooms. Over the past three years, units at The Dairy Farm have transacted at an average of $1,426 to $1,595 PSF. The condo is conveniently situated within a 5-minute walk from Hillview MRT station and a 10-minute walk from Cashew MRT station. It is also surrounded by eight schools within a 2-km radius, including Chij Our Lady Queen of Peace and Assumption English School. 

Image: The Dairy Farm Condo location on Map View by RealInsight.

Another noteworthy transaction occurred at Rivergate condo on Robertson Quay, where a 3-bedroom unit recorded a gain of $2.04 million after being held for 189 months (16 years), equating to an annual gain of 6%. This 1,539 sqft high-floor unit sold for $4.39 million ($2,848 PSF). 

Rivergate, a freehold condo in District 09 (D09) Singapore River, was completed in 2009 and consists of 4 blocks with 546 units ranging from 2 to 4 bedrooms. Over the past three years, units at Rivergate have transacted at an average of $2,348 to $2,779 PSF. The condo is conveniently located within a 5-minute walk from Great World and Havelock MRT stations, and it is close to 12 schools within a 2-km radius, including River Valley Primary School and Zhangde Primary School. 

Image: Rivergate Condo location on Map View by RealInsight.

*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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