$5.47 million in profit recorded for a 4-bedroom unit at Beverly Hill Condo in D10

On 15th July 2024, a 4-bedroom unit at Beverly Hill condo in District 10 (Tanglin) recorded an impressive gain of $5.47 million after being held for 335 months (approximately 27.9 years). The 3,778 sqft unit on the 5th floor sold for $9.15 million, equating to $2,442 per square foot (PSF). This sale marks the second highest profit ever recorded at Beverly Hill condo, only surpassed by a unit sold in July 2023, which saw an $7 million gain (64%) after 198 months. 

Beverly Hill, a freehold condo completed in 1983, comprises 88 units of 4 and 5 bedrooms. Over the past three years, these units have transacted at an average of $2,335 and $2,382 PSF respectively. The condo is strategically located within a 5-minute walk from Orchard Boulevard MRT station and a 10-minute walk from Orchard MRT station, surrounded by 15 schools within a 2-km radius, including Alexandra Primary School, Dynamics International School, and Etonhouse International School Orchard. 

Image: Beverly Hill Condo location on Map View by RealInsight.

In another significant transaction, a 4-bedroom unit at The Arcadia condo in District 11 (Bukit Timah) recorded a $2 million gain after being held for just 100 months (8.3 years), translating to an annual gain of 8%. The 3,821 sqft unit on the 2nd floor sold for $5.2 million ($1,361 PSF), setting the new record as the highest PSF ever transacted within the condo. 

The Arcadia, a 99-year leasehold condo completed in 1983 with 41 years left on the lease, consists of 3 blocks with 164 units of 4 bedrooms. Over the past three years, units at The Arcadia have transacted at an average of $1,149 PSF. The condo is located within a 10-minute walk from Tan Kah Kee MRT station and is close to 7 schools within a 2-km radius, including Raffles Girls’ Primary School, National Junior College, and Nanyang Girls’ High School. 

 Image: The Arcadia 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.

All analytical and visually interpreted data in this report is powered by RealInsight, a powerful tool for property developers, investors and institutions. It offers a complete solution for development planning or portfolio building by providing access to real-time data regarding properties, developers, land sales and data analytics tool for market research and reports. Find out more about RealInsight here.

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