Nassim Jade topped the list of profitable condo resale transactions during the week of Dec 30, 2025, to Jan 6. The sale of a 2,260 sq ft, three-bedroom unit in the development recorded the top gain for the week when it changed hands for $6.8 million ($3,008 psf) on Jan 5. The third-floor unit was previously purchased for $3.63 million ($1,606 psf) in September 1999. The seller thus earned $3.17 million, reflecting a capital gain of 87.3%, or an annualised profit of 2.4% over more than 26 years.
The deal marks the first transaction at Nassim Jade this year and the fourth most profitable transaction at the development to date. Based on lodged caveats, the development recorded just one transaction last year, which was also profitable. The 3,455 sq ft, four-bedroom unit was transacted for $8.11 million ($2,347 psf) in November 2025, reaping a profit of $3.61 million after a holding period of more than 19 years.
The sale of a 2,260 sq ft unit at Nassim Jade recorded the top gain for the week when it was sold for $6.8 million ($3,008 psf) on Jan 5 (Photo: EdgeProp Singapore)
Completed in 1997, Nassim Jade is a freehold development located along Nassim Road in prime District 10. It comprises 39 apartments, offering a mix of three- and four-bedroom units ranging from 1,841 to 3,455 sq ft. The development is situated near the Orchard Road shopping belt, as well as several luxury residential enclaves on Cuscaden Road and Ardmore Park.
Read also: Is it a Good Deal?: A freehold condo in prime district 10 was sold at a profit of $3.17 million
The second most profitable transaction during the week involved a 2,056 sq ft unit at Beaverton Court, which changed hands for $3.95 million ($1,921 psf) on Jan 2. The owner, who bought the three-bedroom unit on the sixth floor for $1.6 million ($778 psf) in July 1996, reaped a capital gain of $2.35 million (146.9%). This translates to an annualised profit of 3.1% over a holding period of 29½ years.
The latest deal marks the sixth most profitable resale transaction at the development to date. The record gain came from the sale of a 3,229 sq ft, four-bedroom unit for $4.3 million ($1,332 psf) in April 2014. The seller, who had acquired the unit for $1.7 million ($526 psf) in December 1998, earned a profit of $2.6 million after holding the unit for slightly over 15 years.
A 2,056 sq ft unit at Beaverton Court changed hands for $3.95 million ($1,921 psf) on Jan 2, reaping a capital gain of $2.35 million (Photo: Albert Chua/EdgeProp Singapore)
Located along Mount Sinai Rise, Beaverton Court is a freehold condo in prime District 10 which was completed in 1984. The 54-unit development offers a mix of three- and four-bedroom units of 2,056 to 3,265 sq ft, as well as three penthouse units spanning 4,349 to 9,784 sq ft.
Based on lodged caveats, the development logged only one transaction each year between 2020 and 2025, four of which were profitable. The units, which measure between 3,122 and 3,229 sq ft, achieved gains ranging from $350,000 to $2.44 million.
On the other hand, the biggest loss during the period in review was incurred by the seller of a one-bedroom unit at The Scotts Tower. The 850 sq ft unit on the 13th floor of the development was transacted at $1.83 million ($2,152 psf) on Jan 5. It was previously purchased for $3.16 million ($3,720 psf) in March 2013. The seller therefore suffered a loss of $1.33 million (42.2%), or an annualised loss of 4.2% over almost 13 years.
An 850 sq ft unit at Scotts Tower was sold for $1.83 million ($2,152 psf) on Jan 5, resulting in a loss of $1.33 million (Photo: Samuel Isaac Chua/EdgeProp Singapore)
Completed in 2016, The Scotts Tower is a 103-year leasehold development located along Scotts Road in prime District 9. The development comprises a single 31-storey residential tower housing 231 units. Units include a mix of one- to three-bedroom apartments spanning 624 to 904 sq ft, as well as four-bedroom penthouses of 1,227 to 1,389 sq ft.
Read also: Boutique condo Nassim Jade sets new price high of $3,008 psf
Based on lodged caveats, The Scotts Tower recorded four resale transactions in 2025, all of which were unprofitable. The losses ranged from $950,000 for the sale of an 872 sq ft unit in May, to $1.69 million, which came from the sale of a similar 872 sq ft unit in September.
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