A notable five-bedroom unit at Leedon Residence was recently sold for $15.8 million, yielding a substantial profit of $3.3 million, or 26.4%, from its previous purchase price of $12.5 million. This transaction, completed on June 30, 2025, highlights the impressive appreciation in property value within the prestigious Leedon Residence development, a luxury condominium complex known for its exquisite amenities and prime location.
The price per square foot for this unit was recorded at $1,962. This figure marks a significant increase compared to the original purchase price of $1,553 per square foot in February 2017. Such an escalation in property value over the ownership period underscores the growing demand for luxury real estate in this region.
With a profit realized from the sale, the owners capitalized on the upward trajectory of property prices, a trend that is increasingly characteristic of high-end residential markets.
Over more than eight years, the annualized profit from this transaction was calculated at 2.8%. This return reflects a steady appreciation in property value, indicative of the stability and desirability of the Leedon Residence area. Such a return may be deemed modest compared to other investment opportunities; however, in the context of real estate, particularly in luxury sectors, the profit margin achieved is commendable.
This sale marked the second most profitable transaction recorded at Leedon Residence. The most profitable sale remains a larger unit that garnered a remarkable gain of $4 million. The consistent performance of properties within this development illustrates the attractiveness of Leedon Residence to potential buyers and investors alike.
The desirability of the location, along with the luxury amenities offered, plays a critical role in maintaining the high-value status of these units. Leedon Residence is situated in a prime residential area, appealing to affluent families and individuals seeking spacious accommodations coupled with modern conveniences.
The five-bedroom unit sold is emblematic of the larger trend toward luxurious, expansive living spaces in urban settings. Buyers are increasingly looking for properties that not only serve as homes but also as investments, leading to a competitive real estate market in this locale.
As the real estate landscape continues to evolve, the performance of such properties will be closely monitored by both buyers and investors. The sale of the five-bedroom unit at Leedon Residence serves as a testament to the sustained demand for luxury properties and the potential for significant returns on investment in this segment of the market.
The transaction highlights the importance of location, quality, and market timing in real estate investment, factors that will undoubtedly influence future sales within this esteemed development.
NEW CONDO LAUNCH: OCHO
OCHO is an exquisite new condominium project launched in 2025, offering modern living and a plethora of amenities for luxurious lifestyles.
With units ranging from 1,200 to 2,500 sq ft, OCHO caters to diverse family needs. Priced starting at approximately $2,200 per square foot, the OCHO pricing reflects its premium quality and strategic location near key transport links and educational institutions.
Early buyers can look forward to potential capital appreciation in this thriving market. For more information, view the Ocho Ebrochure, explore the Ocho Floor Plan, and discover Ocho for sale options.
View Ocho Condo ShowFlat & Get VVIP Discount. Register or contact 6100 8822 to book showflat appointment.
News Source: Edgeprop
Images are not actual photos. For illustration purpose only.
