EdgeProp's weekly round-up of URA resale caveats, published on 8 October 2026, named District 10 as the district with the strongest profitable condo resales for the week of 22-29 September 2026. For a buyer weighing a purchase in District 10, the two headline transactions offer a useful read on what patience and tenure can do to an eventual sale price.
The largest gain in the batch came from Grange Residences, a freehold project completed in 2004 with 164 units. A 2,583 sq ft four-bedroom unit there changed hands on 22 September 2026 for $9.25 million, working out to $3,581 per square foot. The seller had bought the same unit in December 2011 for about $6.1 million, or $2,361 psf. That gap translates into a $3.15 million gain, a 51.6% return on the original purchase price, spread across almost 15 years of holding — an annualised rate of roughly 2.9%. Grange Residences has done better before: a sale in June 2025 returned a $6.5 million gain, still the project's record.
A second freehold project, Balmoral 8, posted an even sharper percentage return. Completed in 2003 with only 40 units, it saw a 1,905 sq ft three-bedroom unit sell on 24 September 2026 for $4.22 million, or $2,215 psf. The seller had paid $1.8 million ($945 psf) back in April 2005, banking a $2.42 million gain — a 134% return, or close to 4% a year compounded over 21.5 years. It was Balmoral 8's first resale transaction recorded in 2026, a reminder of how thin trading can be at small, tightly held freehold blocks.
For a buyer, both cases underline a point that matters more in District 10 than almost anywhere else: freehold tenure and a long holding period tend to compound quietly rather than spike suddenly. Neither seller timed a boom; they simply held through one.
Not every resale in the period told the same story. The steepest loss recorded that week nationwide was at Seascape, a 99-year leasehold project of 151 units in Sentosa Cove. A 2,174 sq ft three-bedroom unit sold on 28 September 2026 for $3.37 million ($1,549 psf), against the $5.79 million ($2,662 psf) the owner paid the developer in April 2010 — a $2.42 million loss, or 41.8%. The contrast between a freehold District 10 gain and a leasehold Sentosa Cove loss is a reminder that tenure and entry price both still matter more than location alone.
Buyers comparing options can find a different kind of entry point at Faber Residence, a 99-year leasehold condominium of nine five-storey blocks and 399 homes on the bank of Sungei Ulu Pandan in Clementi. More than 60% of the site is landscaped across 18 courtyard gardens, with homes ranging from a 646 sq ft two-bedroom to a 1,485 sq ft five-bedroom. The development sits a short walk from the Ulu Pandan Park Connector and the future Jurong Town Hall MRT station on the Jurong Region Line, with the International Business Park and Jurong Lake District both close by. The Sales Concierge can walk interested buyers through the location and connectivity in more detail, or answer questions directly via the contact page. Readers can also start from the homepage for a fuller overview of the project.
Source: EdgeProp.
General information only, not financial or legal advice.
Source: EdgeProp. This article is independent commentary; Faber Residence is not affiliated with the parties mentioned.
The Sales Concierge sends the e-brochure, the full set of floor plans and the current price list for Faber Residence, and arranges a private viewing of the three show units at a time that suits you.
