{"id":62125,"date":"2022-11-28T20:28:51","date_gmt":"2022-11-28T12:28:51","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=62125"},"modified":"2022-11-28T20:28:51","modified_gmt":"2022-11-28T12:28:51","slug":"districts-most-profitable-sales-hdb-condo-landed","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/districts-most-profitable-sales-hdb-condo-landed\/","title":{"rendered":"Top districts with the most profitable sales (for HDB, condo and landed) in the last 5 years"},"content":{"rendered":"
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When it comes to buying a property, whether it’s buying for personal occupation or investment<\/a>, it\u2019s wise to pay attention to other things besides the location.<\/p>\n

A couple of crucial things to focus on are the upcoming developments and potential appreciation of the area. Because whether you\u2019re a homeowner or an investor, when you decide to sell it in future, you’d want to sell it as high as possible. Making a loss is the last thing you want.<\/p>\n

With that, we had our data team crunch the numbers to find out which areas are the most profitable.<\/p>\n

To be more specific, we compared the current transacted prices with the previous transacted prices of the same unit to get the median capital gain of the respective areas. The data are also based on the transactions of three property types: HDB flats<\/a>, condos<\/a> and landed properties<\/a>, from January 2018 to 18 November 2022.<\/p>\n

HDB flats<\/h2>\n

For HDB flats, the median capital gains are based on resale transactions compiled from agencies. Based on the data collected, HDB towns with the highest median capital gain are Bukit Timah, Bishan and Pasir Ris.<\/p>\n

\"Most<\/a><\/p>\n

1. Bukit Timah<\/h3>\n

Median capital gain:<\/strong> S$154,000 based on 68 transactions<\/p>\n

Bukit Timah<\/a> (the HDB town) recorded the highest median capital gain at S$154,000. At the same time, this median gain is based on 68 transactions. (In comparison, other HDB towns in the data set have generally recorded at least 400 transactions in the last five years.)<\/p>\n

This is because compared with other HDB towns, Bukit Timah doesn\u2019t have as many HDB flats in the first place. The area is mostly filled with condos and landed properties, with HDB flats mostly located at Farrer Road, Queen\u2019s Road and Toh Yi Drive.<\/p>\n

The scarcity and location of these flats make them even more desirable despite their age, as they\u2019re generally built in the 70s and 80s.<\/p>\n

For instance, here\u2019s where you can find maisonettes<\/a>. One notable transaction in the town is the sale of a 33-year-old HDB maisonette for S$1.28 million<\/a> in September this year, a record for the HDB town.<\/p>\n

And no new flats are available on the resale market in Bukit Timah. The only BTO launch here was for short-lease studio apartments in March 2012, which cannot be sold on the resale market.<\/p>\n

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HDB flats for sale in Bukit Timah<\/h4><\/div>\n
See all listings<\/a><\/span><\/div>\n <\/div>\n
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\n \"16\n <\/div>\n
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16 Toh Yi Drive<\/div>\n
Singapore 590016 \u00b7 D21<\/div>\n
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\n \"bedroom\"\n 3<\/span>\n <\/div>\n
\n \"bathroom\"\n 2<\/span>\n <\/div>\n
\n 1,119 sqft<\/span>\n <\/div>\n <\/div>\n
S$ 960,000<\/div>\n <\/div>\n
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