Do not limit the comparison to 1km.

When comparing the annualized capital gain of various condominium projects in Singapore, here are some insights and notable projects:

Location and Demand

Projects located in prime areas such as the Core Central Region (CCR), Rest of Central Region (RCR), and certain parts of the Outside Central Region (OCR) tend to have stronger capital appreciation. For example, condos in areas like Orchard, Marina Bay, and the CBD often see higher appreciation rates due to their proximity to amenities, public transport, and employment hubs.

Specific Projects

• Leedon Green: This freehold condo in the city fringe has shown significant capital gains, with some units recording gains of up to $1.15 million over 3 years.
• The Orie: Located in Toa Payoh, this project saw strong sales in January 2025, indicating robust demand and potential for future appreciation. It sold 683 units at an average price of S$2,735 per square foot (psf).
• Bagnall Haus: Another project that contributed to strong sales in January 2025, located on Upper East Coast Road. Strong initial sales can be a good indicator of future capital growth.

Historical Appreciation

Historically, Singapore condos have appreciated at an annual rate of 3-5%. However, the rate can vary significantly depending on the location, economic conditions, and the balance between supply and demand. For instance, condos in less central areas may see slower appreciation compared to those in prime locations.

Waterview Comparison

Waterview, being a 99-year leasehold condo in Tampines, has its own set of advantages such as good connectivity and local amenities. However, when compared to freehold condos in more central locations or those with exceptionally strong demand, the capital appreciation might differ.

Recommendations

If you are looking for projects with strong potential for future capital appreciation, consider the following:

• Prime Locations: Condos in areas like Orchard, Marina Bay, and the CBD tend to have higher appreciation rates.
• Freehold vs. Leasehold: Freehold properties generally hold their value better over the long term, though this can vary based on other factors.
• Recent Sales Performance: Projects with strong recent sales, such as The Orie and Bagnall Haus, may indicate robust demand and potential for future growth.

In summary, while Waterview has its own merits, projects in prime locations or those with strong recent sales performance might offer better potential for capital appreciation over the next 10 years.