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Is District 1 currently experiencing losses?
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Absolutely, Here are 11 projects with most number of unprofitable transactions in District 1.
*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction
| Project Name | Tenure | Completion | No. of Units | Avg PSF* | Unprofitable Transactions |
|---|---|---|---|---|---|
| THE SAIL @ MARINA BAY | 99 yrs from 12/08/2002 | 2008 | 1,111 | 2,080 | 20 |
| MARINA ONE RESIDENCES | 99 yrs from 01/07/2011 | 2017 | 1,042 | 2,102 | 15 |
| THE CLIFT | 99 yrs from 28/04/2004 | 2011 | 312 | 2,017 | 13 |
| ONE SHENTON | 99 yrs from 14/10/2005 | 2011 | 341 | 1,842 | 11 |
| MARINA BAY SUITES | 99 yrs from 08/03/2007 | 2013 | 221 | 1,972 | 11 |
| MARINA BAY RESIDENCES | 99 yrs from 11/10/2005 | 2010 | 428 | 2,246 | 11 |
| ROBINSON SUITES | Freehold | 2016 | 167 | 2,354 | 3 |
| V ON SHENTON | 99 yrs from 29/11/2011 | 2017 | 510 | 2,142 | 2 |
| PEOPLE'S PARK COMPLEX | 99 yrs from 25/03/1968 | 2002 | 288 | 1,276 | - |
| RIVERWALK APARTMENTS | 99 yrs from 15/12/1980 | 1985 | 118 | 1,497 | - |
| EMERALD GARDEN | 999 yrs from 01/10/1827 | 1999 | 265 | 2,328 | - |
*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction