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What are the most unprofitable condos in 2024?
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Sure, 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 | 2,505 | 6 |
| MOOI RESIDENCES | Freehold | 2024 | 24 | 2,432 | 1 |
| 35 GILSTEAD | Freehold | 2024 | 70 | 2,690 | 1 |
| JERVOIS MANSION | Freehold | 2024 | 130 | 2,751 | 1 |
| Irwell Hill Residences | 99 yrs from 13/04/2020 | 2024 | 540 | 2,936 | 1 |
| THE AVENIR | Freehold | 2024 | 376 | 3,436 | 1 |
| PARK NOVA | Freehold | 2024 | 54 | 5,462 | 1 |
| PROVENCE RESIDENCE | 99 yrs from 08/01/2020 | 2024 | 413 | 1,574 | - |
| OLA | 99 yrs from 14/12/2018 | 2024 | 548 | 1,722 | - |
| THE WATERGARDENS AT CANBERRA | 99 yrs from 08/06/2020 | 2024 | 448 | 1,730 | - |
| J@63 | Freehold | 2024 | 14 | 1,769 | - |
| The Commodore | 99 yrs from 08/06/2020 | 2024 | 219 | 1,800 | - |
| CLAVON | 99 yrs from 07/10/2019 | 2024 | 640 | 2,061 | - |
| VIEW AT KISMIS | 99 yrs from 31/05/2019 | 2024 | 186 | 2,064 | - |
| PENROSE | 99 yrs from 03/07/2019 | 2024 | 566 | 2,130 | - |
| Ki Residences At Brookvale | 999 yrs from 23/03/1885 | 2024 | 660 | 2,221 | - |
| VERTICUS | Freehold | 2024 | 162 | 2,299 | - |
| Forett@bukit Timah | Freehold | 2024 | 633 | 2,337 | - |
| ONE-NORTH EDEN | 99 yrs from 10/12/2019 | 2024 | 165 | 2,374 | - |
| MYRA | Freehold | 2024 | 85 | 2,433 | - |
*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction