# District 10 condos top weekly resale gains; Grange Residences seller clinches $3.15 mil profit

- **Source:** EdgeProp Singapore
- **Published:** 2026-10-08T05:00:00.000Z
- **Author:** Ashley Lo
- **Original:** https://www.edgeprop.sg/property-news/district-10-condos-top-weekly-resale-gains-grange-residences-seller-clinches-315-mil-profit
- **Topics:** Private Residential, Government & Policy, Transactions & Deals

## Featured rationale

The gains at Grange Residences and Balmoral 8 signal resilient demand for prime freehold homes, while Seascape’s $2.42 million loss highlights weaker Sentosa Cove performance.

## AI summary

District 10 led profitable condo resales from Sept 22 to 29, with a Grange Residences four-bedder yielding a $3.15 million, or 51.6%, gain.

## Original article

District 10 developments topped the list of profitable condo resale deals during the week of Sept 22 to 29. Grange Residences ranked first, with the seller of a four-bedroom unit making a profit of $3.15 million.

The 2,583 sq ft unit on the 10th floor fetched $9.25 million ($3,581 psf) on Sept 22; it was purchased for around $6.1 million ($2,361 psf) in December 2011. This translates to a 51.6% profit, or an annualised gain of 2.9% over almost 15 years.

This is far from the record gain at Grange Residences, going by caveats lodged. The biggest profit stands at $6.5 million, from the resale of a 2,852 sq ft unit in June 2025. The four-bedder changed hands for $9.85 million, close to three times its initial purchase price of $3.35 million in June 2004.

Read also: Freehold project Peach Garden leads weekly condo resale gains with $3.6 mil profit

Completed in 2004, Grange Residences is a 164-unit condo located along Grange Road. The freehold development comprises three 18-storey residential blocks, housing four-bedders measuring between 2,486 and 2,852 sq ft.

URA data compiled by EdgeProp Singapore shows that Grange Residences recorded four other resale deals this year, all of which were in the black. The units, ranging from 2,583 to 2,852 sq ft, reaped gains of between $1.92 million and $2.8 million.

Another District 10 project, Balmoral 8, came in second on the week’s list of most profitable resale condo transactions.

A 1,905 sq ft, three-bedroom unit garnered a profit of $2.42 million (134%) when it was sold on Sept 24 for $4.22 million ($2,215 psf). It was purchased in April 2005 for $1.8 million ($945 psf). That works out to an annualised gain of 4% over a holding period of 21.5 years.

This ranks as Balmoral 8’s most profitable deal thus far, surpassing the record set 16 years earlier, in 2010. In that transaction, the owner of a 1,841 sq ft three-bedder raked in a $1.6 million gain when the unit was sold for $3.4 million. It was initially bought for $1.8 million in June 2004.

Balmoral 8 is a freehold boutique development along Balmoral Road. Completed in 2003, it has 40 units, the bulk of which are three-bedders ranging from 1,841 to 3,757 sq ft. It also has two two-bedroom units, each measuring 1,701 sq ft.

Read also: Seller at Ardmore Park in prime District 10 scores $7.6 mil in profit

The Sept 24 deal marks the first resale transaction logged at the project this year. Prior to that, in 2025 and 2024, Balmoral 8 recorded just two transactions. Those units were priced at $3 million and $4.2 million, netting profits of $958,800 and $800,000, respectively.

Meanwhile, the steepest loss among condo resale deals for the week involved a three-bedder at Seascape, a 99-year leasehold development in District 4.

The seller of the 2,174 sq ft unit incurred a $2.42 million loss when it was sold for $3.37 million ($1,549 psf) on Sept 28. The seller had bought the unit from the developer for $5.79 million ($2,662 psf) in April 2010.

The shortfall works out to 41.8%, or 3.2% annualised over more than 16 years.

Still, it is well below the condo’s record $6.6 million loss, seen in 2017. That transaction involved a four-bedder of 4,069 sq ft. It changed hands for $6.2 million after it had been purchased for $12.8 million in June 2010.

Located along Cove Way in Sentosa Cove, the 151-unit Seascape comprises two eight-storey residential blocks with three- and four-bedroom units ranging from 2,164 to 4,069 sq ft. It also has 18 four-bedroom penthouses ranging from 3,380 to 4,252 sq ft, and two five-bedroom villas measuring 9,665 and 6,631 sq ft, respectively.

Seascape saw two other caveated resales this year, one of which was in the red. On Feb 20, a 2,174 sq ft three-bedder was sold for $4.05 million, resulting in a loss of $1.87 million.

Read also: Sale of three-bedder at Seven Holt Road reaps $2.46 mil profit

## Chinese translation

> Translation model: grok_cli

### 第10区共管公寓本周转售获利居首；Grange Residences卖家斩获315万新币利润

Grange Residences以315万新币的获利领跑本周盈利转售，Balmoral 8以242万新币紧随其后。

在9月22日至29日这一周，第10区项目位居盈利共管公寓转售交易榜首。Grange Residences排名第一，一套四房单位的卖家获利315万新币。

这套位于10楼、面积2,583平方英尺的单位于9月22日以925万新币（每平方英尺3,581新币）成交；该单位于2011年12月以约610万新币（每平方英尺2,361新币）购入。这相当于51.6%的利润，即近15年来2.9%的年化收益。

以已提呈的产权警告来看，这远非Grange Residences的纪录获利。最大利润为650万新币，来自2025年6月一套面积2,852平方英尺单位的转售。该四房单位以985万新币易手，接近其2004年6月335万新币初始购入价的三倍。

另请阅读：永久地契项目Peach Garden以360万新币利润领跑每周共管公寓转售获利

Grange Residences于2004年竣工，是位于Grange Road、共164个单位的共管公寓。该永久地契项目由三座18层住宅大楼组成，四房单位面积介于2,486至2,852平方英尺。

EdgeProp Singapore汇编的市区重建局（URA）数据显示，Grange Residences今年还录得另外四宗转售交易，全部实现盈利。这些单位面积介于2,583至2,852平方英尺，获利介于192万新币至280万新币。

第10区另一项目Balmoral 8在本周最盈利共管公寓转售交易榜上名列第二。

一套面积1,905平方英尺的三房单位于9月24日以422万新币（每平方英尺2,215新币）售出，获利242万新币（134%）。该单位于2005年4月以180万新币（每平方英尺945新币）购入。按21.5年持有期计算，年化收益为4%。

这是Balmoral 8迄今利润最高的交易，超越了16年前即2010年创下的纪录。在该笔交易中，一套面积1,841平方英尺的三房单位业主在单位以340万新币售出时获利160万新币。该单位最初于2004年6月以180万新币购入。

Balmoral 8是位于Balmoral Road的永久地契精品项目。项目于2003年竣工，共有40个单位，其中大部分为面积介于1,841至3,757平方英尺的三房单位。项目另有两套两房单位，每套面积均为1,701平方英尺。

另请阅读：黄金地段第10区Ardmore Park的卖家获利760万新币

9月24日的这笔交易是该项目今年录得的首宗转售。在此之前，Balmoral 8于2025年及2024年仅录得两宗交易。这些单位售价分别为300万新币和420万新币，分别获利958,800新币和80万新币。

与此同时，本周共管公寓转售交易中亏损最大的是第4区99年租赁地契项目Seascape的一套三房单位。

这套面积2,174平方英尺单位的卖家在9月28日以337万新币（每平方英尺1,549新币）售出该单位时，亏损242万新币。卖家曾于2010年4月以579万新币（每平方英尺2,662新币）向发展商购入该单位。

亏损幅度为41.8%，以超过16年计算，年化亏损为3.2%。

尽管如此，这仍远低于该共管公寓于2017年录得的660万新币纪录亏损。该笔交易涉及一套面积4,069平方英尺的四房单位。该单位于2010年6月以1,280万新币购入后，以620万新币易手。

Seascape坐落于圣淘沙湾（Sentosa Cove）Cove Way，共151个单位，由两座八层住宅大楼组成，三房及四房单位面积介于2,164至4,069平方英尺。项目另有18套面积介于3,380至4,252平方英尺的四房顶层复式单位，以及两套五房别墅，面积分别为9,665平方英尺和6,631平方英尺。

Seascape今年还录得另外两宗已提呈产权警告的转售，其中一宗出现亏损。2月20日，一套面积2,174平方英尺的三房单位以405万新币售出，亏损187万新币。

另请阅读：Seven Holt Road一套三房单位售出，获利246万新币