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What are the most unprofitable condo transactions

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To identify the most unprofitable condominium transactions in Singapore, it is important to look at historical transaction data. According to an analysis on EdgeProp, many of the unprofitable transactions were from units purchased during the 2007 market peak. Here are some key points:
- About 40% of the unprofitable transactions were from units bought in 2007, indicating that properties purchased during this period were more likely to result in losses when sold later.
- The analysis highlighted several condominiums where a significant number of transactions resulted in losses, but it did not specify a single most unprofitable condo. However, it suggested that larger units and those bought at peak prices were more likely to be unprofitable.
For the most current and detailed information, using EdgeProp's Research tool and market trends tracker can provide insights into past transactions, price trends, and other relevant data to help identify specific condominiums with the highest number of unprofitable transactions.
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