# Record $5.4 mil profit from four-bedder at The Peak condo in District 5

- **Source:** EdgeProp Singapore
- **Published:** 2026-07-16T07:00:00.000Z
- **Author:** Kalynskye Adrian
- **Original:** https://www.edgeprop.sg/property-news/record-54-mil-profit-four-bedder-peak-condo-district-5
- **Topics:** Private Residential, Transactions & Deals

## Featured rationale

The substantial gain signals long-term value appreciation for scarce, large-format freehold homes, potentially reinforcing seller confidence in boutique District 5 developments.

## AI summary

A four-bedroom unit at The Peak sold for $8.5 million on July 3, generating a development-record profit of $5.4 million, or 174.2%.

## Original article

At the top of the list of profitable condo resale transactions for the week of June 30 to July 7 is The Peak, a freehold condo in Pasir Panjang.

A 5,522 sq ft four-bedder on the second floor changed hands for $8.5 million, or $1,539 psf, on July 3. The owner previously purchased the unit in February 2005 for $3.1 million, or $561 psf.

The transaction works out to a profit of $5.4 million (174.2%), or an annualised gain of 4.8% over 21½ years.

Read also: Sale of four-bedder at Leonie Gardens condo rakes in profit of $2.93 mil

This is the most profitable deal at the development to date, surpassing the sale two years ago of a similarly sized four-bedroom apartment for $8.3 million. That seller garnered a then-record profit of $4 million, having bought the unit in 2006 for $4.3 million.

Completed in 1988, The Peak is a low-rise boutique condo on Pepys Road in District 5. It features 20 units spread across four four-storey blocks. These come exclusively in four-bedroom layouts sized between 4,349 and 5,543 sq ft.

Second on the list of profitable condo resale deals for the week in review is a transaction at Viva, a freehold development along Suffolk Walk.

On July 1, a 1,959 sq ft, four-bedroom unit on the sixth floor was sold for $5.39 million. It was purchased from the developer in August 2009 for $2.83 million. Thus, the seller raked in a profit of $2.56 million (90.7%), or a 3.9% gain annualised over nearly 17 years.

The most lucrative transaction at the development, however, remains a June deal in which a 2,486 sq ft four-bedder fetched $7 million, clinching a profit of $3.04 million. The same unit was acquired for $3.96 million in 2009.

Situated in District 11, the 235-unit Viva was completed in 2012. It comprises two- to four-bedroom units ranging from 1,323 to 1,991 sq ft. There are also four- to five-bedroom Sky Suites spanning 2,486 to 3,810 sq ft, and five-bedroom duplex penthouses of up to 6,339 sq ft.

Read also: Seller at Rivergate condo in District 9 scores $2.35 mil profit

Based on caveats lodged, there have been resale deals for two other units at Viva this year. These units, which fetched $2.88 million and $3.75 million, netted profits of $1.09 million and $1.24 million, respectively.

Meanwhile, Belle Vue Residences in River Valley recorded the week’s most unprofitable condo resale deal.

On July 3, a 2,304 sq ft, four bedroom-plus-study unit changed hands for $5.1 million ($2,214 psf). The seller, who had bought it in 2012 for $6.72 million ($2,917 psf), incurred a loss of $1.62 million (24.1%), or a 1.9% annualised loss over a holding period of more than 14 years.

This deal represents the fifth-most unprofitable transaction at the condo so far. The steepest loss had come from the sale of a 3,552 sq ft three-bedder for $4.7 million in 2022. It was purchased in 2012 for $7.4 million, which means the seller was $2.7 million in the red from the sale.

Sitting on Oxley Walk in prime District 9, Belle Vue Residences is a freehold condo completed in 2010. The condo houses 176 units in its 10 five-storey blocks. They come in three- to four-bedroom configurations alongside five-bedroom penthouses, measuring from 1,561 to 5,005 sq ft.

According to EdgeProp Research data, Belle Vue Residences has seen nine resale deals this year — three of which were in the red. Excluding the transaction on July 3, the other two transactions involved three-bedders that were sold for $4.15 million and $3.8 million. The sellers incurred losses of $512,000 and $900,000, respectively.

Read also: Duplex penthouse at Nassim Park Residences sold for $4.15 mil profit

## Chinese translation

> Translation model: grok

### 第5区The Peak公寓四房单位录得540万新元纪录盈利

另一方面，河谷（River Valley）Belle Vue一套公寓卖家在本周回顾期内录得162万新元亏损。

6月30日至7月7日当周盈利最高的公寓转售交易榜首，是位于巴西班让（Pasir Panjang）的永久地契公寓The Peak。

7月3日，一套位于二楼、面积5,522平方英尺的四房单位，以850万新元成交，折合每平方英尺1,539新元。业主此前于2005年2月以310万新元购入，折合每平方英尺561新元。

该交易录得盈利540万新元（174.2%），相当于逾21½年持有期内年化回报4.8%。

另读：Leonie Gardens公寓四房单位售出，获利293万新元

这是该项目迄今最赚钱的交易，超越两年前一套面积相近的四房公寓以830万新元售出的纪录。当时卖家于2006年以430万新元购入，创下当时400万新元的盈利纪录。

The Peak于1988年落成，是坐落第5区Pepys Road的低密度精品公寓，共20个单位，分布在四栋四层楼宇中。单位均为四房格局，面积介于4,349至5,543平方英尺。

本周回顾期内盈利榜第二，是Suffolk Walk永久地契项目Viva的一笔交易。

7月1日，一套位于六楼、面积1,959平方英尺的四房单位以539万新元售出。该单位于2009年8月向发展商购入时价格为283万新元。卖家因此获利256万新元（90.7%），近17年持有期年化回报3.9%。

不过，该项目最赚钱交易仍是6月一笔：一套2,486平方英尺的四房单位以700万新元成交，盈利304万新元。同一单位于2009年以396万新元购入。

Viva位于第11区，共235个单位，2012年落成。项目提供两房至四房单位，面积1,323至1,991平方英尺；另有四房至五房Sky Suites，面积2,486至3,810平方英尺，以及面积最大达6,339平方英尺的五房复式顶层单位。

另读：第9区Rivergate公寓卖家获利235万新元

根据已登记的caveat，Viva今年另有两个单位转售，成交价分别为288万新元与375万新元，分别获利109万新元与124万新元。

与此同时，河谷Belle Vue Residences录得当周最不赚钱的公寓转售交易。

7月3日，一套面积2,304平方英尺、四房加书房单位以510万新元转手（每平方英尺2,214新元）。卖家于2012年以672万新元购入（每平方英尺2,917新元），录得亏损162万新元（24.1%），持有逾14年，年化亏损1.9%。

该交易为该公寓迄今第五大亏损交易。最大亏损来自2022年一套3,552平方英尺三房单位以470万新元售出；该单位于2012年以740万新元购入，卖家因此亏损270万新元。

Belle Vue Residences位于核心第9区Oxley Walk，为2010年落成的永久地契公寓，共176个单位，分布在10栋五层楼中，户型为三房至四房及五房顶层单位，面积1,561至5,005平方英尺。

根据EdgeProp Research数据，Belle Vue Residences今年已有9笔转售，其中3笔录得亏损。除7月3日该笔外，另两笔为三房单位，分别以415万新元与380万新元售出，卖家分别亏损51.2万新元与90万新元。

另读：Nassim Park Residences复式顶层单位售出，获利415万新元