# Freehold project Peach Garden leads weekly condo resale gains with $3.6 mil profit

- **Source:** EdgeProp Singapore
- **Published:** 2026-10-01T07:00:00.000Z
- **Author:** Ashley Lo
- **Original:** https://www.edgeprop.sg/property-news/freehold-project-peach-garden-leads-weekly-condo-resale-gains-36-mil-profit
- **Topics:** Private Residential, Transactions & Deals

## Featured rationale

The gain signals substantial long-term appreciation for large freehold District 15 homes, while Suites at Orchard’s loss suggests performance may remain uneven across prime-market segments.

## AI summary

A Peach Garden four-bedroom apartment sold for $5.1 million ($1,844 psf) on Sept 17, generating the project’s record $3.62 million profit.

## Original article

A four-bedroom apartment at Peach Garden in Marine Parade topped the list of profitable condo resale transactions during the week of Sept 15 to 22.

The seller of the 2,766 sq ft apartment netted a profit of $3.62 million (244.6%) when it fetched $5.1 million ($1,844 psf) on Sept 17. It was purchased for $1.48 million ($535 psf) in July 2003, resulting in an annualised gain of 5.5% over a holding period of about 23 years.

Based on caveats lodged, the transaction is Peach Garden’s most profitable deal thus far. It inches past the previous record set in January 2012, when a 5,231 sq ft penthouse changed hands for $6.85 million. The seller scored a gain of $3.6 million on the deal, having bought the unit in April 2004 for $3.25 million.

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

Completed in 1975, Peach Garden is a freehold development off Meyer Road in District 15. It comprises two blocks with 72 apartments — predominantly four-bedders spanning 2,766 sq ft. There are also penthouses measuring 5,231 sq ft.

Aside from the Sept 17 deal, there have been three other resale transactions at Peach Garden this year, one of which was profitable. On April 6, another 2,766 sq ft apartment was sold for $5.12 million, reaping a profit of $1.13 million.

The second most profitable resale during the week was logged at freehold condo The Botanic on Lloyd in District 9.

A four-bedder on the fifth floor scored a profit of $3.25 million (153%) when it was sold on Sept 18 for $5.38 million, or $2,074 psf. That works out to a 4.2% gain on an annualised basis over a holding period of almost 23 years. The 2,594 sq ft apartment was originally purchased for $2.13 million ($820 psf) in December 2003.

This is the second-highest gain made on an apartment at The Botanic on Lloyd. It is lower than the $4.15 million record profit set four years ago by the sale of a 3,584 sq ft four-bedder. That apartment — purchased for $2.73 milion in 2005 — changed hands for around $6.88 million in January 2022.

The Botanic on Lloyd is a 66-unit boutique development located along Lloyd Road, off Oxley Road in the River Valley area. Completed in 2006, the development comprises three- to four-bedroom units ranging from 1,485 to 3,584 sq ft. It also includes six three-storey townhouses spanning 4,058 to 4,446 sq ft.

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

URA data compiled by EdgeProp Research shows that The Botanic on Lloyd recorded just one other resale deal this year, which was also in the black. A 3,488 sq ft, four-bedroom apartment fetched about $7.48 million on April 7, reaping a gain of $1.68 million.

At the other end of the spectrum, the steepest loss among this week’s most unprofitable condo resales involved a three-bedder at Suites at Orchard.

The transaction left the seller $432,000 in the red, translating to an annualised loss of 1.1% over a 12.5-year holding period. The 1,582 sq ft apartment on the seventh floor changed hands for $2.79 million ($1,762 psf) on Sept 17, below its previous purchase price of $3.22 million ($2,049 psf).

Located along Handy Road, Suites at Orchard is a 99-year leasehold development completed in 2014. It houses 118 apartments across one- to three-bedroom types, with sizes ranging from 548 to 2,196 sq ft.

The Sept 17 deal marks the first transaction at the project this year, going by caveats lodged. In 2025, Suites at Orchard logged five resale deals. Of these, four were unprofitable, incurring losses ranging from $2,000 to $239,000.

Read also: Seller at The Claymore in prime District 9 clinches $3.86 mil profit

## Chinese translation

> Translation model: grok_cli

### 永久地契项目Peach Garden以新币360万元利润领跑本周公寓转售收益

与此同时，Suites at Orchard一套三房单位于9月17日以新币279万元成交，卖家亏损新币43.2万元。

马林百列Peach Garden一套四房公寓，在9月15日至22日当周位列公寓转售获利交易榜首。

该2,766平方英尺公寓的卖家，在9月17日以新币510万元（每平方英尺新币1,844元）成交时，净赚新币362万元（244.6%）。该单位于2003年7月以新币148万元（每平方英尺新币535元）购入，持有约23年后，年化收益为5.5%。

根据已递交的买卖合约备案，这是Peach Garden迄今最赚钱的一笔交易。它略微超过2012年1月创下的前纪录，当时一套5,231平方英尺的顶层公寓以新币685万元转手。卖家在该笔交易中获利新币360万元，该单位于2004年4月以新币325万元购入。

另读：核心第10区Ardmore Park卖家获利新币760万元

Peach Garden于1975年竣工，是第15区Meyer路旁的永久地契项目。项目由两座楼宇、72套公寓组成，以面积2,766平方英尺的四房单位为主。另有面积5,231平方英尺的顶层公寓。

除9月17日这宗交易外，Peach Garden今年还有另外三宗转售，其中一宗获利。4月6日，另一套2,766平方英尺公寓以新币512万元售出，获利新币113万元。

当周第二赚钱的转售记录于第9区永久地契公寓The Botanic on Lloyd。

一套位于五楼的四房单位于9月18日以新币538万元、即每平方英尺新币2,074元售出，获利新币325万元（153%）。按持有近23年计算，年化收益为4.2%。该2,594平方英尺公寓最初于2003年12月以新币213万元（每平方英尺新币820元）购入。

这是The Botanic on Lloyd公寓录得的第二高获利。它低于四年前一套3,584平方英尺四房单位所创下的新币415万元纪录利润。该公寓于2005年以新币273万元购入，在2022年1月以约新币688万元转手。

The Botanic on Lloyd是位于河谷一带Oxley路旁Lloyd路的66个单位精品项目。项目于2006年竣工，由1,485至3,584平方英尺的三房至四房单位组成。项目亦包括六栋三层联排别墅，面积介乎4,058至4,446平方英尺。

另读：Seven Holt Road三房单位出售获利新币246万元

由EdgeProp Research汇编的市区重建局（URA）数据显示，The Botanic on Lloyd今年仅录得另外一宗转售，同样获利。一套3,488平方英尺的四房公寓于4月7日以约新币748万元成交，获利新币168万元。

在另一端，本周最不赚钱的公寓转售中，亏损最深的一宗涉及Suites at Orchard一套三房单位。

该交易令卖家亏损新币43.2万元，相当于在12.5年持有期内年化亏损1.1%。这套位于七楼、面积1,582平方英尺的公寓于9月17日以新币279万元（每平方英尺新币1,762元）转手，低于此前新币322万元（每平方英尺新币2,049元）的购入价。

Suites at Orchard位于Handy路，是2014年竣工的99年地契项目。项目共有118套公寓，户型涵盖一房至三房，面积介乎548至2,196平方英尺。

根据已递交的买卖合约备案，9月17日这宗交易是该项目今年的首宗成交。2025年，Suites at Orchard录得五宗转售。其中四宗亏损，亏损额介乎新币2,000元至新币23.9万元。

另读：核心第9区The Claymore卖家斩获新币386万元利润