Seven private non-landed houses were sold for a profit of more than $1 million each in the week of April 18 to 25. On April 21, a 7,653 sq ft unit at The Balmoral in prime District 10 was sold at a $5.4 million profit. The seller had bought the first-floor unit for $5.2 million ($679 psf) in August 1997 and sold it at $10.6 million ($1,385 psf). The profit works out to 104%, or 4% a year over 20 years.

Based on the matching of URA caveat data for The Balmoral, there have been 18 profitable transactions, with an average profit of $1.76 million (79%), and seven unprofitable transactions, with an average loss of $536,714 (16%).

A 7,653 sq ft unit at The Balmoral in prime District 10 was sold at a $5.4 million profit on April 21

A 7,642 sq ft unit that was bought for $4.7 million ($615 psf) in September 1995 and sold at $12 million ($1,570 psf) in September 2013 earned a profit of $7.3 million, the highest at The Balmoral. The profit works out to 155%, or 5% a year over 18 years. The 81-unit The Balmoral is a freehold condominium completed in 1986 and is located within 600m of the Stevens MRT station.

A 2,885 sq ft unit at Ardmore Park in prime District 10 fetched the second-biggest profit of $2.45 million for the week of April 18 to 25. The unit was bought for $7.25 million ($2,513 psf) in June 2009 and sold at $9.7 million ($3,363 psf) on April 18. The profit works out to 34%, or 4% a year over eight years. Based on the matching of URA caveat data, the unit has changed hands thrice. The first seller had bought it from the developer for $5.76 million ($1,991 psf) in 1996 and sold it at $5 million ($1,733 psf) in 2003, a 13% loss, or 2% a year. In 2009, the next seller made a profit of $2.25 million when he sold the unit at $7.25 million. The profit works out to 45%, or 7% a year over 5½ years.

There have been four profitable and one unprofitable transaction at Ardmore Park so far this year. Find the most affordable listing in the project here

Based on the matching of URA caveat data, there have been four profitable transactions and one unprofitable transaction at Ardmore Park so far this year. The profits range from $2.45 million (34%) to $4.6 million (94%). The unit that was sold at a $70,000 (1%) loss was bought for $8.25 million ($2,860 psf) in June 2011 and sold at $8.18 million ($2,836 psf) on April 5. The freehold Ardmore Park was completed in 2001 and has 330 units.

Two sellers suffered losses of more than $1 million each in the week of April 18 to 25. On April 21, a 2,756 sq ft unit at Duchess Residences in prime District 10 was sold at the biggest loss of $1.41 million for the week. The seller had bought it for $5.01 million ($1,826 psf) from the developer in June 2007 and sold it at $3.6 million ($1,306 psf). The loss works out to 28%, or 3% a year over 10 years.

The 120-unit Duchess Residences is a 999-year leasehold condo completed in 2011. Find the most affordable listing in the project here

There were six rental contracts for units ranging from 2,700 to 2,800 sq ft at Duchess Residences in 2H2016, with the monthly rent averaging $8,350. This implies a 3% gross rental yield for the recently transacted unit. The 120-unit Duchess Residences is a 999-leasehold condo completed in 2011 and adjacent to Hwa Chong Institution.

A 1,249 sq ft unit at Scotts Square in prime District 9 was sold at the second-biggest loss of $1.23 million for the week. The seller had bought it for $5.03 million ($4,026 psf) from the developer in October 2007 and sold it at $3.8 million ($3,043 psf) on April 24. The loss works out to 24%, or 3% a year over 9½ years.