# Seller of five-bedder at Leedon Residence reaps $3.75 mil profit

- **Source:** EdgeProp Singapore
- **Published:** 2026-08-13T08:00:00.000Z
- **Author:** Kalynskye Adrian
- **Original:** https://www.edgeprop.sg/property-news/seller-five-bedder-leedon-residence-reaps-375-mil-profit
- **Topics:** Private Residential, Transactions & Deals

## Featured rationale

The profitable sale, alongside 10 other profitable resales there this year, signals resilient demand that may support values for large freehold District 10 homes.

## AI summary

A 4,704 sq ft Leedon Residence five-bedder sold for $14.3 million, generating the week’s largest condo resale profit of $3.75 million, or 35.6%.

## Original article

The biggest condo resale gain during the week of July 28 to Aug 4 came from a five-bedroom apartment at Leedon Residence, a freehold condo in Bukit Timah.

The 4,704 sq ft unit on the ninth floor changed hands on July 30 for $14.3 million, or $3,040 psf.

It was previously purchased for $10.55 million, or $2,243 psf, in February 2017. The seller thus raked in a profit of $3.75 million (35.6%), or 3.3% annualised over a holding period of 9.5 years.

According to caveats lodged, this ranks as the third-most profitable deal at the development to date. The record profit at Leedon Residence stands at $5.2 million, involving another 4,704 sq ft unit that was bought for $8.8 million in February 2017 and resold for $14 million this February.

Read also: Seller at The Morningside in District 9 reaps $3.54 mil profit

Completed in 2015, Leedon Residence is a 381-unit development on Leedon Heights in District 10. It features two- to five-bedroom units, including garden suites and sky penthouses, ranging from 1,044 to 8,051 sq ft.

Farrer Road MRT Station is a 10-minute walk away, while dining and lifestyle amenities at Holland Village are a short drive from the condo. Schools along the Bukit Timah education belt, including Hwa Chong Institution, Nanyang Girls’ High School and National Junior College, are about 10 minutes away by car.

Excluding the July 30 deal, the development has logged 10 resale transactions this year, all of which were also profitable. Those units changed hands for between $2.8 million and $16.3 million, netting profits from $50,000 to $3.5 million.

Second on the list of profitable condo resale transactions during the week in review was a three-bedder at Ocean Park in District 15.

The 2,110 sq ft apartment fetched $4.28 million ($2,029 psf) on Aug 3, earning its owner a profit of $2.93 million (217%). The unit had been purchased for $1.35 million ($640 psf) in September 1997. This translates to an annualised gain of 4.1% across almost 29 years.

This also ranks as Ocean Park’s third-largest gain to date. The development’s record was set in June last year, when another 2,110 sq ft, three-bedroom unit was sold for $4.2 million, netting a profit of $3.2 million. That unit had previously been purchased for $990,000 in 1999.

Read also: The Nassim tops weekly condo resale gains with $4.2 mil profit

Situated on East Coast Road, Ocean Park is a freehold condo completed in 1984. It comprises 298 units in two- to four-bedroom layouts, sized between 1,302 and 3,897 sq ft.

Marine Terrace MRT Station is nine minutes away by foot, with schools such as Victoria Junior College and Ngee Ann Primary School close by.

At the other end of the table, the steepest loss during the week came from a four-bedroom unit at Orchard Scotts. The 2,282 sq ft unit on the 11th floor, initially purchased for $4.66 million ($2,042 psf) in 2010, was sold for $3.78 million ($1,654 psf) on July 30. This resulted in a loss of $884,334, or 1.3% when annualised over a holding period of more than 16 years.

The loss is well below the development’s record of $4.78 million, logged in 2017. That transaction involved a 2,336 sq ft three-bedder that had been purchased for $8.46 million in 2013, before it was resold four years later for $3.68 million.

Orchard Scotts is a 99-year leasehold condo in District 9 with 387 units that come in one- to four-bedroom configurations, including penthouses, measuring between 753 and 3,627 sq ft.

There is also a separate block of luxury serviced apartments managed by Far East Hospitality.

Based on data tabulated by EdgeProp Research, four other resale deals have been recorded at Orchard Scotts this year, with one ending in the red. That unit changed hands for $4.25 million this June, incurring a loss of around $2.4 million.

Read also: Seller at Marine Parade condo Haig Court scores $2.3 mil profit

## Chinese translation

> Translation model: grok_cli

### Leedon Residence五房单位卖家获利新币375万

本周最大公寓转售获利来自这套宽敞的Leedon Residence单位，成交价新币1430万，获利35.6%。

7月28日至8月4日当周最大的公寓转售获利，来自武吉知马（Bukit Timah）永久地契公寓Leedon Residence的一套五房单位。

这套位于九楼、面积4704平方英尺的单位于7月30日易手，成交价新币1430万，折合每平方英尺新币3040。

该单位此前于2017年2月以新币1055万购入，折合每平方英尺新币2243。卖家因此获利新币375万（35.6%），持有期9.5年，年化回报为3.3%。

根据已呈报的买卖契约，这笔交易是该项目迄今第三大获利成交。Leedon Residence的纪录获利为新币520万，涉及另一套4704平方英尺单位：2017年2月以新币880万购入，并于今年2月以新币1400万转售。

延伸阅读：第九区The Morningside卖家获利新币354万

Leedon Residence于2015年竣工，位于第十区Leedon Heights，共381个单位。户型涵盖两房至五房，包括花园套房及空中顶层单位，面积介乎1044至8051平方英尺。

步行约10分钟可达花拉路地铁站（Farrer Road MRT Station），荷兰村（Holland Village）的餐饮与生活配套驾车片刻即达。武吉知马教育带沿线学校，包括华侨中学（Hwa Chong Institution）、南洋女子中学（Nanyang Girls’ High School）和国家初级学院（National Junior College），驾车约10分钟可达。

剔除7月30日这笔交易后，该项目今年已录得10宗转售，全部同样获利。这些单位成交价介乎新币280万至1630万，获利从新币5万至350万不等。

当周获利公寓转售榜第二位，是第十五区Ocean Park的一套三房单位。

这套2110平方英尺公寓于8月3日以新币428万成交（每平方英尺新币2029），业主获利新币293万（217%）。该单位于1997年9月以新币135万购入（每平方英尺新币640）。换算下来，近29年持有期的年化回报为4.1%。

这也是Ocean Park迄今第三大获利。该项目纪录成交出现在去年6月：另一套2110平方英尺三房单位以新币420万售出，获利新币320万。该单位此前于1999年以新币99万购入。

延伸阅读：The Nassim以新币420万获利居当周公寓转售获利榜首

Ocean Park位于东海岸路（East Coast Road），为1984年竣工的永久地契公寓，共298个单位，户型为两房至四房，面积介乎1302至3897平方英尺。

步行约九分钟可达马林台地铁站（Marine Terrace MRT Station），维多利亚初级学院（Victoria Junior College）和义安小学（Ngee Ann Primary School）等学校也在附近。

当周亏损最重的则是Orchard Scotts的一套四房单位。这套位于11楼、面积2282平方英尺的单位，2010年以新币466万购入（每平方英尺新币2042），7月30日以新币378万售出（每平方英尺新币1654），亏损新币884334，持有逾16年的年化亏损为1.3%。

该亏损远低于该项目2017年录得的纪录亏损新币478万。那笔交易涉及一套2336平方英尺三房单位：2013年以新币846万购入，四年后以新币368万转售。

Orchard Scotts是第九区99年地契公寓，共387个单位，户型为一房至四房（含顶层单位），面积介乎753至3627平方英尺。

另有一栋由远东酒店管理（Far East Hospitality）运营的豪华服务公寓楼。

根据EdgeProp Research整理的数据，Orchard Scotts今年另录得四宗转售，其中一宗录得亏损。该单位于今年6月以新币425万易手，亏损约新币240万。

延伸阅读：马林百列公寓Haig Court卖家获利新币230万