{"id":66181,"date":"2023-06-22T15:24:01","date_gmt":"2023-06-22T07:24:01","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=66181"},"modified":"2023-06-30T18:09:24","modified_gmt":"2023-06-30T10:09:24","slug":"ardmore-park-unit-s7-05m-profit-highest-capital-gain-resale-condos-may-2023","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/ardmore-park-unit-s7-05m-profit-highest-capital-gain-resale-condos-may-2023\/","title":{"rendered":"Ardmore Park unit made S$7.05m profit; highest capital gain for resale condos in May 2023"},"content":{"rendered":"
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We\u2019ve been covering monthly condo<\/a> gains and losses for the past few months. Last month, we found that condo units that earned at least a 200% gain in April 2023<\/a> were held for at least 15 years. On the other hand, 32 condo units were sold at a loss in the same month<\/a>.<\/p>\n

Last week, we focused on the capital gains of executive condo<\/a> units that were sold on the resale market in May 2023<\/a>.<\/p>\n

Today, we\u2019ll be looking at the profitable condo transactions last month. We\u2019ll also do an article on the condo units that made a loss in the coming days, so stay tuned for that.<\/p>\n

(Shout out to the data team at 99.co<\/a>, who have helped us match the latest and previous transactions of the same units to calculate the capital gains and losses of the respective units. Other costs, such as stamp duty<\/a>, legal fees and agent\u2019s commissions<\/a>, are not taken into account.)<\/p>\n