Win, lose or draw
Analysis of subsale and resale transactions of 60-year leasehold strata factory units
YEAR OF
PURCHASE
2007
2008
2009
2010
2011
2012
All
NO OF UNITS
BOUGHT IN THE
PREVAILING YEAR
AND SOLD IN 2012
GAIN CASES
(NO OF UNITS BOUGHT
IN THE PREVAILING YEAR
AND SOLD IN 2012)
73
76
62
192
179
36
618
AVERAGE
GAIN
(%)
PER UNIT
AVERAGE
GAIN
($)
PER UNIT
MAXIMUM
PROFIT
($)
85%
62%
64%
51%
27%
15%
47%
$406,160
$286,616
$366,208
$286,453
$166,795
$86,797
$262,636
$1,290,000
$974,000
$1,458,850
$1,428,000
$1,021,910
$228,000
$1,458,850
73
76
62
192
177
36
616
LOSS CASES
(NO OF UNITS BOUGHT
IN THE PREVAILING YEAR
AND SOLD IN 2012)
AVERAGE
LOSS
(%)
PER UNIT
AVERAGE
LOSS
($)
PER UNIT
MAXIMUM
LOSS
($)
2
-12%
-$61,225
-$117,450
2
-12%
-$61,225
-$117,450
PREVIOUS
TRANSACTED
PRICE ($)
PREVIOUS
TRANSACTED
PRICE ($ PSF)
GAIN
($)
$1,011,150
$3,000,000
$590,000
$980,000
$823,800
$166
$330
$117
$157
$132
$1,458,850
$1,428,000
$1,290,000
$1,270,000
$1,176,200
Projects transacted in subsale and resale markets in 2012 with the most number of matches*
PROJECT
ADDRESS
Harvest@Woodlands
Midview City
Northstar@AMK
Tradehub 21
WCEGA Plaza
Woodlands Industrial Park E5
Sin Ming Lane
Ang Mo Kio Avenue 5
Boon Lay Way
Bukit Batok Crescent
NO OF MATCHES
NO OF GAIN CASES
AVERAGE GAIN
58
43
43
43
41
58
43
43
43
41
$253,327
$263,698
$272,483
$319,136
$234,164
* i.e. caveats of previous transactions
Five most profitable deals
PROJECTS
UNIT ADDRESS
Woodlands Bizhub
Midview City
KB Industrial Building
Enterprise Hub
Enterprise Hub
252 Woodlands Industrial Park E5
34 Sin Ming Lane
10 Kaki Bukit Road 1 #01-36
36 Toh Guan Road East #01-49
34 Toh Guan Road East #01-17
DATE OF
LATEST
TRANSACTION
LATEST
TRANSACTED
PRICE ($)
Feb 21 ‘12
Aug 15 ‘12
Oct 8 ‘12
Nov 19 ‘12
Sept 7 ‘12
$2,470,000
$4,428,000
$1,880,000
$2,250,000
$2,000,000
LATEST
DATE OF
TRANSACTED
PREVIOUS
PRICE ($ PSF) TRANSACTION
$405
$487
$372
$361
$321
July 20 ‘09
Dec 24 ’10
July 5 ‘07
April 21 ’09
June 29 ‘07
Source: URA, Savills Research & Consultancy