News > $2 million in profit recorded at The Ladyhill and The Waterside Condo in May
$2 million in profit recorded at The Ladyhill and The Waterside Condo in May
21 May 2024
On May 7th, a 3-bedroom unit situated on high floor at The Ladyhill recorded $2 million in profit – which is a 39% in total capital gain and 3% in annual capital gain - after being held for 179 months. The transacted price was $7.23 million for an area of 2,271 sqft, which translates to $3,182 PSF. This is the highest PSF recorded for a unit within this project till date, surpassing a 3-bedroom unit on lower floor, which recorded a $3,019 PSF for an area of 2,411 sqft in April 2023.
The Ladyhill is a freehold condo in D10 Tanglin. Completed in 2002, it has a total of 55 units, ranging from 3-5 bedrooms, transacted at an average of $2,132 - $2,657 PSF in the past 3 years. The condo is conveniently located within 10-minute walk to Napier, Orchard Boulevard and Stevens MRT Station.
Following is a 3 bedder at The Waterside, which achieved a total gain of $2 million over a holding period of 179 months. The unit is located on high floor, transacted at $4.3 million for an area of 2,174 sqft, or $1,977 PSF. This set a new record for transacted PSF within the project, surpassing another 3 bedder on higher floor – which recorded a $1,960 PSF in September 2023.
The Waterside is a freehold condo in D15 Kallang. Completed in 1993, it has a total of 7 blocks and 502 units, all of which are 3 bedrooms, transacted at an average of $1,878 PSF in the past 3 years. The condo is conveniently located 223 metres away from Katong Park MRT station, and is surrounded by 6 schools within a 2-km radius, including Dunman High School, Kong Hwa School, etc.
*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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