# Seller of Nassim Park Residences four-bedder reaps $2.5 mil profit

- **Source:** EdgeProp Singapore
- **Published:** 2026-10-15T09:00:00.000Z
- **Author:** Ashley Lo
- **Original:** https://www.edgeprop.sg/property-news/seller-nassim-park-residences-four-bedder-reaps-25-mil-profit
- **Topics:** Private Residential, Transactions & Deals

## Featured rationale

Profitable resales at Nassim Park Residences alongside The Scotts Tower’s $1.36 million loss signal uneven prime-market performance, which may make buyers more selective by project and unit type.

## AI summary

A Nassim Park Residences four-bedder sold for $16 million on Oct 2, generating the week’s highest resale profit of $2.5 million, or 18.5%.

## Original article

The most profitable condo resale over the week of Sept 29 to Oct 6 involved a four-bedder at Nassim Park Residences, a freehold condo in District 10.

The seller of the 3,477 sq ft unit on the third floor scored a profit of $2.5 million (18.5%) when it changed hands for $16 million ($4,602 psf) on Oct 2. It had been purchased for $13.5 million ($3,883 psf) in September 2015. The annualised gain is 1.5% over an 11-year holding period.

Despite the seven-figure profit, this is far from the most lucrative transaction at Nassim Park Residences. That record remains with a 2023 deal that netted $7.26 million in profit. It involved a 4,822 sq ft four-bedder that was resold for about $22 million, after the seller purchased it from the developer for $14.74 million in June 2008.

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

Completed in 2011, Nassim Park Residences is a low-rise development on Nassim Road. It has 100 units, with four-bedroom units and five-bedroom penthouses measuring between 3,175 and 8,008 sq ft.

Nassim Park Residences recorded two other resale transactions this year, going by caveats lodged. Both units were in the black, earning their sellers profits of $2.95 million and $4.15 million.

Next up on the list of most profitable deals was a four-bedroom unit at Hillington Green in the Hillview area.

On Oct 2, the seller of the 1,755 sq ft unit reaped a $2.02 million (233.7%) profit when it sold for $2.89 million. The price is more than three times its initial purchase cost of $866,970 in June 2004, translating to an annualised gain of 6% over a holding period of almost 21 years.

Based on caveats lodged, the transaction is Hillington Green’s most profitable deal thus far. It surpasses the previous record of $1.83 million set in July 2023, when another 1,755 sq ft unit fetched $2.85 million. The seller had bought it 21 years earlier for $1.02 million in May 2002.

Hillington Green is a 999-year leasehold condo on Hillview Avenue that was completed in 2002. It comprises seven residential blocks with 480 units — predominantly three-bedders sized between 1,335 and 2,465 sq ft.

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

URA data compiled by EdgeProp Singapore shows that Hillington Green logged 11 other resale deals this year, all of which were profitable. The units, which ranged from 980 to 2,465 sq ft, generated gains of between $293,800 and $1.8 million.

Meanwhile, the week’s steepest loss occurred at The Scotts Tower in District 9.

The resale of an 840 sq ft one-bedder resulted in a $1.36 million (42.7%) deficit when it fetched $1.82 million ($2,168 psf) on Oct 2.

It had been bought for close to $3.18 million ($3,783 psf) in April 2013, resulting in a 4% annualised loss over a 13.5-year period.

The deal ranks as The Scotts Tower’s sixth most unprofitable transaction. It is around $330,000 shy of the biggest loss of $1.69 million from the sale of an 872 sq ft two-bedder a year ago. The unit was sold for $1.83 million in September 2025, after it had been purchased from the developer for $3.52 million in 2013.

Completed in 2016, The Scotts Tower is a 231-unit, 31-storey condo located at the corner of Scotts Road and Cairnhill Road. It is a five-minute walk from Newton MRT interchange, which is a stop away from lifestyle and retail amenities along the Orchard Road shopping belt.

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

## Chinese translation

> Translation model: grok_cli

### Nassim Park Residences四房单位卖家获利250万新元

与此同时，The Scotts Tower录得本周转售最大亏损，一套一房单位以136万新元的亏损转手。

9月29日至10月6日这一周，盈利最高的共管公寓转售交易涉及第10邮区永久地契共管公寓Nassim Park Residences的一套四房单位。

三楼这套面积3,477平方英尺的单位于10月2日以1,600万新元（每平方英尺4,602新元）转手，卖家获利250万新元（18.5%）。该单位于2015年9月以1,350万新元（每平方英尺3,883新元）购入。11年持有期的年化收益为1.5%。

尽管利润达七位数，但这远非Nassim Park Residences最丰厚的交易。该纪录仍属于2023年一笔净获利726万新元的交易。该交易涉及一套4,822平方英尺的四房单位，卖家于2008年6月以1,474万新元向发展商购入后，以约2,200万新元转售。

另请阅读：第10邮区共管公寓领跑每周转售收益；Grange Residences卖家斩获315万新元利润

Nassim Park Residences于2011年竣工，是位于Nassim Road的低层项目。项目共有100个单位，四房单位及五房顶层复式单位的面积介于3,175至8,008平方英尺。

根据已提交的业权警示，Nassim Park Residences今年还录得另外两宗转售交易。两套单位均录得盈利，分别为卖家带来295万新元和415万新元的利润。

盈利最高交易榜上紧接着的一宗，是山景（Hillview）一带Hillington Green的一套四房单位。

10月2日，这套1,755平方英尺单位以289万新元售出，卖家获利202万新元（233.7%）。成交价是2004年6月初始购入成本866,970新元的三倍以上，相当于近21年持有期内6%的年化收益。

根据已提交的业权警示，这笔交易是Hillington Green迄今盈利最高的交易。它超越了2023年7月创下的183万新元先前纪录；当时另一套1,755平方英尺单位售得285万新元。卖家于21年前的2002年5月以102万新元购入该单位。

Hillington Green是位于Hillview Avenue、于2002年竣工的999年租赁地契共管公寓。项目由七栋住宅楼组成，共480个单位——以面积介于1,335至2,465平方英尺的三房单位为主。

另请阅读：永久地契项目Peach Garden以360万新元利润领跑每周共管公寓转售收益

EdgeProp Singapore整理的市区重建局（URA）数据显示，Hillington Green今年还录得另外11宗转售交易，全部录得盈利。这些单位面积从980至2,465平方英尺不等，收益介于293,800新元至180万新元之间。

与此同时，本周最大亏损出现在第9邮区的The Scotts Tower。

一套840平方英尺的一房单位于10月2日以182万新元（每平方英尺2,168新元）成交，转售录得136万新元（42.7%）的亏损。

该单位于2013年4月以接近318万新元（每平方英尺3,783新元）购入，13.5年期间的年化亏损为4%。

这笔交易是The Scotts Tower亏损幅度第六大的交易。其亏损较一年前一套872平方英尺两房单位售出时所录得的169万新元最大亏损少约330,000新元。该单位于2013年以352万新元向发展商购入，其后于2025年9月以183万新元售出。

The Scotts Tower于2016年竣工，是一栋拥有231个单位、高31层的共管公寓，位于史各士路（Scotts Road）与经禧路（Cairnhill Road）转角处。项目距离纽顿（Newton）地铁转换站步行五分钟，而该站距离乌节路（Orchard Road）购物带沿线的生活与零售配套仅一站之遥。

另请阅读：黄金地段第10邮区Ardmore Park的卖家获利760万新元