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Which private condo that TOP in 2020 is currently unprofitable
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Alright, Here are 11 Apartment / Condo projects completed in 2020 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 |
|---|---|---|---|---|---|
| Rivercove Residences | 99 yrs from 05/12/2016 | 2020 | 628 | 1,393 | - |
| LE QUEST | 99 yrs from 29/08/2016 | 2020 | 516 | 1,618 | - |
| Rezi 35 | Freehold | 2020 | 44 | 1,698 | - |
| FIVENINE | Freehold | 2020 | 15 | 1,751 | - |
| Carpmael Thirty-eight | Freehold | 2020 | 16 | 1,858 | - |
| Grandeur Park Residences | 99 yrs from 25/05/2016 | 2020 | 720 | 1,956 | - |
| THE ADDITION | Freehold | 2020 | 26 | 2,011 | - |
| Forest Woods | 99 yrs from 05/02/2016 | 2020 | 519 | 2,022 | - |
| Queens Peak | 99 yrs from 28/09/2015 | 2020 | 736 | 2,193 | - |
| Artra | 99 yrs from 15/02/2016 | 2020 | 400 | 2,358 | - |
| AMBER 45 | Freehold | 2020 | 139 | 2,645 | - |
*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction