Most condos in Singapore change hands frequently, with some units transacting every few years as owners upgrade, cash out, or move closer to work and schools. So it’s always striking when a development barely sees any movement at all. In a market known for being fast-moving, a handful of condos have recorded just one sale in an entire decade. These slow-moving outliers often reveal something deeper about the project, its residents, or its positioning, so we decided to take a closer look.
Condos with only one transaction in 10 years
Notable trends from the above
There isn’t a way to precisely tell you why that
one transaction occurred over 10 years, but what we can do is identify certain patterns. From the above, the majority of the condos show the following qualities:
- Overwhelmingly freehold/999-year projects
- Very large units with very low unit counts
- Many are in prime CCR territory
- Geylang and Telok Kurau walk-ups frequently appear
- Overwhelmingly freehold / 999-year projects
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