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Most unprofitable condo projects in 2024
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Definitely, Here are 20 Apartment / Condo projects completed in 2024 with most number of unprofitable transactions.
*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 |
|---|---|---|---|---|---|
| One Pearl Bank | 99 yrs from 01/03/2019 | 2024 | 774 | 2,500 | 2 |
| 35 GILSTEAD | Freehold | 2024 | 70 | 2,696 | 1 |
| PARC GREENWICH | 99 yrs from 08/06/2020 | 2024 | 496 | 1,472 | - |
| PROVENCE RESIDENCE | 99 yrs from 08/01/2020 | 2024 | 413 | 1,512 | - |
| PARC CENTRAL RESIDENCES | 99 yrs from 22/04/2019 | 2024 | 700 | 1,536 | - |
| OLA | 99 yrs from 14/12/2018 | 2024 | 548 | 1,611 | - |
| The Commodore | 99 yrs from 08/06/2020 | 2024 | 219 | 1,723 | - |
| THE WATERGARDENS AT CANBERRA | 99 yrs from 08/06/2020 | 2024 | 448 | 1,756 | - |
| J@63 | Freehold | 2024 | 14 | 1,877 | - |
| CLAVON | 99 yrs from 07/10/2019 | 2024 | 640 | 2,038 | - |
| VIEW AT KISMIS | 99 yrs from 31/05/2019 | 2024 | 186 | 2,060 | - |
| PENROSE | 99 yrs from 03/07/2019 | 2024 | 566 | 2,064 | - |
| VERTICUS | Freehold | 2024 | 162 | 2,221 | - |
| Ki Residences At Brookvale | 999 yrs from 23/03/1885 | 2024 | 660 | 2,247 | - |
| ONE-NORTH EDEN | 99 yrs from 10/12/2019 | 2024 | 165 | 2,336 | - |
| Forett@bukit Timah | Freehold | 2024 | 633 | 2,358 | - |
| FYVE DERBYSHIRE | Freehold | 2024 | 71 | 2,448 | - |
| THE REEF AT KING'S DOCK | 99 yrs from 12/01/2021 | 2024 | 429 | 2,654 | - |
| THE IVERIA | Freehold | 2024 | 51 | 2,713 | - |
| THE LINQ @ BEAUTY WORLD | Freehold | 2024 | 120 | 2,746 | - |
*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction