Are there more losses or profits in penthouse transactions?

In the context of recent penthouse transactions in Singapore, both profits and losses have been observed, but the trend suggests that there are notable instances of both.

Profits

• A penthouse at JadeScape was sold for a profit of $4.35 million.
• A triplex penthouse at Parc Palais was sold with a profit of $2.9 million.
• A duplex penthouse at Leedon Residence yielded a profit of $2.8 million.

Losses

• A duplex penthouse in Sentosa was sold at a loss of $1.93 million, which is the second highest loss for the leasehold condo.
• Another five-bedroom penthouse in The Berth By the Cove in Sentosa was sold at a loss of approximately $780,000.

While there are significant profits recorded, the losses, particularly the substantial ones in Sentosa, indicate that the market can be unpredictable. However, it appears that profitable transactions are more frequently reported in recent news, suggesting that many penthouse sales have resulted in gains for the sellers.