Why do boutique condos always lose money?

The notion that boutique condos always lose money is not accurate. In fact, several boutique condos in Singapore have shown significant profitability for their sellers.

For instance, a unit at the boutique condo Nassim 9 saw a seller reap a $3.3 million profit, which translates to a 130% profit over 17 years, or an annualized profit of 5%.

Additionally, boutique condos have been known to hit new price per square foot highs in their neighborhoods, generating profits for sellers. This indicates that many boutique condo transactions can be quite profitable, depending on factors such as location, market conditions, and the timing of the sale.