How the data was derived
Every transaction is defined as a buy and a sell event which leads to 3 outcomes: a loss, breakeven, or a profit. For this list, we looked at transactions where the sell event took place since 2012. We also took into consideration only projects that were completed in 2012 based on URA’s transaction database. The reason for doing so is to avoid including transactions from very old developments where buyers held for a long period of time....Whether it’s a legacy or a retirement plan, the motive to buy private housing can often be the return on investment. We know that, for some owner-investors, it’s less about a nice view and a pool; and more about having a retirement asset (or something for the children).
And so while we’ve showcased the most profitable condos by transactions from 1995, we’ve found a few others that missed the cut but were very profitable from an average quantum standpoint.
