# Three-bedder at Goldenhill Park Condominium scores $2.55 mil profit - **Source:** EdgeProp Singapore - **Published:** 2026-09-03T06:00:00.000Z - **Author:** Kalynskye Adrian - **Original:** https://www.edgeprop.sg/property-news/three-bedder-goldenhill-park-condominium-scores-255-mil-profit - **Topics:** Private Residential, Transactions & Deals ## Featured rationale The gain signals strong long-term value appreciation for the freehold District 20 condo, potentially supporting seller expectations and buyer interest in established resale projects. ## AI summary A Goldenhill Park Condominium three-bedder sold for $3.50 million on Aug 19, yielding the week’s highest resale profit of over $2.55 million, or 269.5%. ## Original article Goldenhill Park Condominium, a freehold development in the Serangoon area, logged the most profitable resale condo deal over the week of Aug 18 to 25. The owner of a three-bedroom apartment on the 16th floor raked in a profit of over $2.55 million (269.5%) when it was sold on Aug 19 for $3.50 million ($2,665 psf). That works out to a 5.6% gain on an annualised basis over a holding period of 24 years. The 1,313 sq ft unit had been purchased from the developer in 2002 for $947,300 ($721 psf). Read also: Resale condo unit nets $3.1 mil profit at Palm Spring in prime District 10 This ranks as Goldenhill Park Condominium’s second-most profitable deal thus far. It surpasses a recent deal in July, which involved a slightly larger three-bedder that brought in a profit of around $2.42 million when it was sold for $3.40 million. The owner had previously bought the unit for $981,900 in 2001. A resale from a week prior, on Aug 11, continues to hold the record for the development’s biggest gain to date. In that transaction, the owner reaped a profit of $2.59 million from the sale of a four-bedder for $3.65 million. It was initially purchased for $1.06 million in 2001. The 390-unit Goldenhill Park Condominium was completed in 2004 and sits on Mei Hwan Drive in District 20. Lorong Chuan MRT Station is a 10-minute walk away, while Nex mall is six minutes away by car. Next on the list of the week’s most profitable resale condo transactions was the sale of a 2,583 sq ft, four-bedroom unit at District 10 freehold condo Astrid Meadows. The second-floor unit changed hands for $5.98 million ($2,313 psf) on Aug 19, garnering a profit of about $2.18 million. This translates into a 2.4% gain when annualised over a holding period of more than 19 years. The unit had been purchased in 2007 for $3.80 million ($1,471 psf). Astrid Meadows’ most profitable transaction belongs to a deal in 2024, when the seller of a four-bedder reaped $4.95 million in profit. The apartment was sold for $7.05 million, more than triple the earlier purchase price of $2.10 million back in 2004. Read also: Rivergate three-bedder sale yields $2.89 mil profit Apart from the Aug 19 deal, Astrid Meadows has logged two other resales this year, both in the black and involving two-bedders. The units were sold for $3.15 million and $3.18 million, netting profits of $712,000 and $200,000, respectively. Completed in 1990, Astrid Meadows is a low-rise condo situated on Coronation Road West, near Bin Tong Park. The development has 208 units in one- to five-bedroom layouts sized between 872 and 3,810 sq ft, as well as penthouses of up to 6,771 sq ft. Eateries and amenities at Holland Village are a five-minute drive away. Meanwhile, the steepest loss among condo resales during the week in review involved a four-bedder at Reflections at Keppel Bay. The transaction left the seller nearly $1.99 million in the red, which works out to an annualised loss of 1.7% over a holding period of 19 years. Situated on the fourth floor, the 2,939 sq ft unit — which was bought in 2007 for $7.29 million ($2,479 psf) — changed hands for $5.30 million ($1,804 psf) on Aug 18. That said, this deal is nowhere near the least profitable one seen at the District 4 condo. A 7,050 sq ft penthouse holds that record with a loss of $6.95 million. It was purchased from the developer in 2007 for $17.95 million and was subsequently sold in 2021 for $11 million. Located along Keppel Bay View, Reflections at Keppel Bay is a 99-year leasehold development completed in 2011. It houses 1,129 units across one- to four-bedroom types, with sizes ranging from 732 to 4,919 sq ft. Read also: Seller of five-bedder at Leedon Residence reaps $3.75 mil profit The development is a 10-minute walk to Telok Blangah MRT Station, and is a five-minute drive to VivoCity mall. It is next to the upcoming Berlayar waterfront estate, within the Greater Southern Waterfront. Caveats lodged show that there have been 37 other resale deals at Reflections at Keppel Bay this year. Of these, 20 were in the red, incurring losses ranging from $50,000 to $1.54 million. ## Chinese translation > Translation model: grok_cli ### Goldenhill Park Condominium三房单位斩获255万新元利润 位于第20区的Goldenhill Park三房公寓在本周获利转售交易中居首，净赚269.5%。 位于实龙岗一带的永久地契项目Goldenhill Park Condominium，在8月18日至25日这一周录得获利最高的公寓转售交易。 该16楼三房公寓的业主于8月19日以350万新元（每平方英尺2665新元）售出，获利超过255万新元（269.5%）。 以24年持有期年化计算，收益为5.6%。该1313平方英尺单位于2002年向发展商购入，当时价格为94万7300新元（每平方英尺721新元）。 另读：优质第10区Palm Spring转售公寓单位净赚310万新元 这是Goldenhill Park Condominium迄今第二高获利的交易。该成交超过了7月一笔近期交易：当时一套稍大的三房单位以340万新元售出，获利约242万新元。业主此前于2001年以98万1900新元购入该单位。 一周前、即8月11日的一笔转售，仍保持该项目迄今最大涨幅纪录。在该笔交易中，业主将一套四房单位以365万新元售出，获利259万新元。该单位最初于2001年以106万新元购入。 拥有390个单位的Goldenhill Park Condominium于2004年竣工，坐落于第20区Mei Hwan Drive。步行10分钟可达罗弄泉地铁站，驾车6分钟可达Nex商场。 本周获利最高的公寓转售交易榜单上，紧随其后的是第10区永久地契公寓Astrid Meadows一套2583平方英尺四房单位的成交。 该二楼单位于8月19日以598万新元（每平方英尺2313新元）易手，获利约218万新元。以超过19年的持有期年化计算，收益为2.4%。该单位于2007年以380万新元（每平方英尺1471新元）购入。 Astrid Meadows获利最高的交易属于2024年的一笔成交，当时一套四房单位的卖家获利495万新元。该公寓以705万新元售出，是2004年购入价210万新元的三倍以上。 另读：Rivergate三房单位售出获利289万新元 除8月19日这笔交易外，Astrid Meadows今年还录得另外两笔转售，均为获利成交，且均为两房单位。这两套单位分别以315万新元和318万新元售出，净利分别为71.2万新元和20万新元。 Astrid Meadows于1990年竣工，是位于Coronation Road West、靠近Bin Tong Park的低层公寓。该项目共有208个单位，户型涵盖一房至五房，面积介于872至3810平方英尺，另有面积最大达6771平方英尺的顶层公寓。驾车五分钟即可抵达荷兰村的餐饮与配套设施。 与此同时，本周回顾期内公寓转售中亏损最深的一笔，涉及Reflections at Keppel Bay的一套四房单位。 该交易令卖家亏损近199万新元，以19年持有期计算，年化亏损为1.7%。该位于四楼、面积2939平方英尺的单位——于2007年以729万新元（每平方英尺2479新元）购入——于8月18日以530万新元（每平方英尺1804新元）易手。 不过，这笔交易远非该第4区公寓所见获利最差的一笔。一套7050平方英尺的顶层公寓以亏损695万新元保持该纪录。该单位于2007年向发展商购入，价格为1795万新元，随后于2021年以1100万新元售出。 Reflections at Keppel Bay位于Keppel Bay View，是2011年竣工的99年地契项目。项目共有1129个单位，户型涵盖一房至四房，面积从732至4919平方英尺不等。 另读：Leedon Residence五房单位卖家获利375万新元 该项目步行10分钟可达直落布兰雅地铁站，驾车五分钟可达VivoCity商场。项目毗邻即将落成的Berlayar滨水住宅区，位于大南部滨海区范围内。 已递交的买卖合约备案显示，Reflections at Keppel Bay今年另有37笔转售交易。其中20笔录得亏损，亏损金额从5万新元至154万新元不等。