A unit at Fifth Avenue Condominium recorded the most profitable resale transaction for the week of March 31 to April 7. The 2,433 sq ft four-bedder on the fourth floor was sold for $4.8 million ($1,973 psf) on April 6. It had previously been purchased for $1.6 million ($658 psf) in 2004.
As a result, the seller made a profit of $3.2 million (200%), translating to an annualised gain of 5.3% over a holding period of more than 21 years.
A 2,433 sq ft, four-bedroom apartment at Fifth Avenue Condominium was sold for $4.8 million on April 6, resulting in a $3.2 million profit for the seller (Photo: Samuel Isaac Chua/EdgeProp Singapore)
This marks the most profitable resale deal at the condo to date, surpassing the previous record transaction in 2020 when a 2,217 sq ft four-bedder on the third floor fetched $4.2 million ($1,894 psf). The unit was previously purchased for $1.51 million ($681 psf) in 2004. The seller thus netted a $2.69 million profit, or an annualised gain of 6.8% over nearly 15½ years.
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Completed in 1998, the freehold Fifth Avenue Condominium is located off Bukit Timah Road in District 10. The boutique development comprises 70 units housed within a four-storey block, offering a mix of studio to four-bedroom units ranging from 1,023 to 2,217 sq ft.
It is a five-minute walk from Sixth Avenue MRT Station on the Downtown Line. The development is also within 1km of National Junior College, Nanyang Girls’ School, and other reputable schools in the area.
Meanwhile, a unit at Clover By The Park in District 20 recorded the second-highest gain for the week in review. The 1,744 sq ft, four-bedroom unit on the 17th floor was sold for $3.55 million ($2,036 psf) on March 31. It had previously been purchased for $1.25 million ($716 psf) in 2009. This translates to a profit of $2.3 million (184.4%), or an annualised gain of 6.5% over a holding period of nearly 17 years.
The seller of a 1,744 sq ft four-bedder at Clover By The Park gained $2.3 million in profit after the unit changed hands on March 31 for $3.55 million (Photo: Samuel Isaac Chua/EdgeProp Singapore)
To date, this transaction stands as the most profitable resale deal at the development.
The previous record was set in December 2025, when another 1,744 sq ft, four-bedroom unit on the second floor was sold for $3.42 million ($1,961 psf). The unit had been purchased for $1.28 million ($732 psf) in 2008.
It translates to a profit of $2.14 million and an annualised gain of 5.8% over a 17-year holding period.
Located at Bishan Street 25, the 616-unit Clover By The Park was completed in 2011. The condo features three- to five-bedroom units spanning 1,216 to 3,466 sq ft, spread across two 39-storey towers. It is a short walk from the Bishan-Ang Mo Kio Park.
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On the other hand, Marina One Residences topped the list of unprofitable resale deals during the week in review when a 1,119 sq ft, two-bedroom apartment fetched $2.16 million ($1,930 psf) on April 2. The seller had purchased the unit in 2014 at $2.42 million ($2,162 psf). The transaction amounted to a $259,608 (10.7%) loss and an annualised loss of 1% over more than 11 years.
A two-bedder at Marina One Residences fetched $2.16 million on April 2, thus incurring a $259,608 loss for the seller (Photo: Samuel Isaac Chua/EdgeProp Singapore)
According to caveat data compiled by EdgeProp Research, the most unprofitable resale transaction at Marina One Residences occurred last year, when a 2,250 sq ft four-bedroom unit was sold for $4.26 million ($1,894 psf).
The unit had previously been purchased in 2018 for $5.42 million ($2,407 psf). As a result, the seller incurred a loss of $1.16 million, or an annualised loss of 3.4% over a holding period of nearly seven years.
Located along Marina Way, the 1,042-unit Marina One Residences forms the residential component of the Marina One mixed-use development.
The 99-year leasehold project comprises one- to four-bedroom units ranging from 764 to 2,250 sq ft, housed within two 34-storey towers.
It is well-served by three nearby MRT stations: Marina Bay MRT Interchange (North-South, Circle and Thomson-East Coast lines), Downtown MRT Station (Downtown Line) and Shenton Way MRT Station (Thomson-East Coast Line).
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Based on caveats lodged, Marina One Residences has recorded eight resale transactions so far this year. The units were sold at prices ranging from $1,770 to $2,227 psf, and all the transactions were unprofitable, with sellers’ losses ranging from $132,700 to $809,750.
In 2025, the development saw 34 resale transactions, of which 31 were loss-making.
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