{"id":84621,"date":"2025-04-23T18:52:12","date_gmt":"2025-04-23T10:52:12","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=84621"},"modified":"2025-04-23T18:56:38","modified_gmt":"2025-04-23T10:56:38","slug":"woodlands-ec-most-profit-condo-district-25","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/woodlands-ec-most-profit-condo-district-25\/","title":{"rendered":"Could Executive Condos in Woodlands be a solid “Cash” opportunity? One just fetched a S$1.181M profit \u2013 the highest in District 25"},"content":{"rendered":"
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District 25 recently saw its highest capital gain ever recorded with the sale of a 3-bedroom Executive Condo<\/a> (EC) unit in Woodlands<\/a> for S$1.860 million. The former owner secured a capital gain of S$1.181 million from this sale after holding the property for more than 2 decades. At first glance, it looks like a typical long-hold success story \u2014 but a closer look at the EC market in Woodlands reveals some quite interesting trends.<\/p>\n\n\n\n

Could Executive Condos in Woodlands be one of the most underrated investment plays in Singapore? In this edition of Condo Cash or Crash<\/a><\/em>, we unpack the data and what it means for future buyers and investors.<\/p>\n\n\n\n

Table of contents<\/h2>
  • Record-breaking capital gain in District 25<\/a>
    • Most profitable condo transactions in District 25<\/a><\/li>
    • A quick overview of Northoaks EC<\/a><\/li><\/ul><\/li>
    • Uncovering Northoaks\u2019 upward price trend<\/a><\/li>
    • How does Northoaks stand against the newer ECs in D25?<\/a>
      • Overall EC market in District 25<\/a><\/li>
      • Comparison with newer EC launches<\/a><\/li><\/ul><\/li>
      • Woodlands EC prospective investment opportunity<\/a><\/li><\/ul><\/div>\n\n\n\n

        Record-breaking capital gain in District 25<\/h2>\n\n\n\n

        The latest all-time high record for condo capital gain in District 25<\/a> unfolded with a recent sale of a 2,346-sqft unit at Block 22, Northoaks<\/a>. The former owner originally purchased the unit directly from the developer for S$679,000 in June 1999, early after launch. They sold it in April 2025, fetching the highest recorded profit of S$1.181 million (174%) after holding the unit for almost 26 years.<\/p>\n\n\n\n

        <\/td>Date<\/strong><\/td>Price (S$)<\/strong><\/td>PSF (S$)<\/strong><\/td><\/tr>
        New Sale<\/strong><\/td>10 June 1999<\/td>679,000<\/td>289<\/td><\/tr>
        Resale<\/strong><\/td>8 April  2025<\/td>1,860,000<\/td>793<\/td><\/tr><\/tbody><\/table>
        ^New sale and resale transactions of the 3-bedroom, 2,346-sqft EC unit at Northoaks (Source: 99.co)<\/figcaption><\/figure>\n\n\n\n

        Just a month prior, a similar 3-bedroom unit at Block 26 was sold for S$2.2 million, netting its seller a gain of approximately S$1.05 million after only 8 years. Clearly, the 99-year leasehold Northoaks is punching well above its weight class in today\u2019s EC market.<\/p>\n\n\n\n

        Most profitable condo transactions in District 25<\/h3>\n\n\n\n

        Looking at the broader market in District 25, ECs are leading the charge in profitability. A striking 65.36% of all high-gain transactions \u2014 those with profits exceeding S$500,000 \u2014 were from EC projects. <\/p>\n\n\n\n

        There is a total of 306 such transactions recorded within the district. But how long is the holding period of these profitable sales? See the table below.<\/p>\n\n\n\n

        Holding Period<\/strong><\/td>No. of Sales<\/strong><\/td>Percentage (%)<\/strong><\/td><\/tr>
        < 5 years<\/td>13<\/td>4.25<\/td><\/tr>
        5 – 10 years<\/td>127<\/td>41.50<\/td><\/tr>
        10 – 15 years<\/td>66<\/td>21.57<\/td><\/tr>
        15 – 20 years<\/td>55<\/td>17.97<\/td><\/tr>
        > 20 years<\/td>45<\/td>14.71<\/td><\/tr><\/tbody><\/table>
        Holding period of high-profit (more than S$500,000) sales in District 25 (Source: URA, 99.co)<\/figcaption><\/figure>\n\n\n\n

        Notably, the S$2.2 million sale at Northoaks in March 2025 stands out as the only sale in the district\u2019s history to cross the S$1 million profit mark within a holding period of just 5 to 10 years.<\/p>\n\n\n\n

        Digging deeper, there have only been 5 condo transactions across the entire district that crossed the S$1 million gain threshold. Northoaks appears twice on the list, making its mark as one of the most lucrative condos in District 25 overall.<\/p>\n\n\n\n

        Project<\/strong><\/td>Profit (S$)<\/strong><\/td>Holding Period<\/strong><\/td><\/tr>
        Northoaks EC<\/td>1,181,000<\/td>26 years<\/td><\/tr>
        Woodgrove Condominium<\/td>1,165,000<\/td>13 years<\/td><\/tr>
        Rosewood Suites<\/td>1,142,888<\/td>15 years<\/td><\/tr>
        Northoaks EC<\/td>1,050,000<\/td>8 years<\/td><\/tr>
        Woodgrove Condominium<\/td>1,000,000<\/td>17 years<\/td><\/tr><\/tbody><\/table>
        Top 5 profitable condos in District 25 (Source: URA, 99.co)<\/figcaption><\/figure>\n\n\n\n

        With these recorded sales throughout the years, Northoaks may quietly rewrite the narrative around ageing ECs \u2014 they can still offer promising growth and investment potential after all.<\/p>\n\n\n\n

        A quick overview of Northoaks EC<\/h3>\n\n\n\n
        \"overview
        Street view of the Northoaks entrance<\/figcaption><\/figure>\n\n\n\n

        Completed in 2000, Northoaks EC offers large-format homes ranging from 1,054 to 2,483 sqft across 720 units. With 2- to 4-bedroom layouts, it\u2019s long been favoured by families who value space and practicality. Despite its age, Northoaks continues to attract attention thanks to full condo facilities, such as a swimming pool, gym, tennis courts, and landscaped areas.<\/p>\n\n\n\n