Ardmore Park has emerged as a notable player in Singapore’s luxury real estate market, with recent transactions highlighting its impressive resale values. The recent sales of four-bedroom units in this prestigious development underscore the robust demand for high-end properties in the area. This trend has been particularly evident in the sales transactions recorded in early 2025, where sellers reaped substantial profits, further solidifying Ardmore Park’s reputation as a premier investment choice.
On April 9, 2025, a four-bedroom unit at Ardmore Park sold for a remarkable $12 million, translating to a price per square foot of $4,160. This transaction yielded an extraordinary profit of $6.5 million for the seller, who had originally purchased the unit for $5.5 million back in January 2010. This impressive resale figures reflect a 118% profit margin, equating to an annualized profit of 5.3% over the 15-year holding period. Such returns are indicative of the enduring appeal and value appreciation associated with properties in Ardmore Park.
In addition to this noteworthy sale, another four-bedroom unit within the same development changed hands for $11.8 million on March 3, 2025, achieving a price of $4,090 psf. This transaction further emphasizes the strong resale values in Ardmore Park, showcasing the consistent demand for luxury real estate in the vicinity. The successful sales of these units illustrate that Ardmore Park continues to attract discerning buyers willing to invest in premium properties that promise significant returns.
Furthermore, a third four-bedroom unit located on the seventh floor achieved an even higher sale price of $13.2 million on January 21, 2025. This sale, with a price per square foot of $4,576, allowed the seller to realize a profit of $8.54 million, representing an impressive 183% profit margin. Such figures not only highlight individual success stories but also reflect the overall health and desirability of the real estate market in Ardmore Park.
With average resale prices around $4,190 psf, Ardmore Park stands out as one of the highest-priced developments in the neighborhood. It significantly outperforms nearby properties like Nouvel 18 and One Draycott, reinforcing its status as a sought-after location for luxury living. The consistent performance in the resale market indicates that Ardmore Park is not just a fleeting trend but a mainstay of high-end real estate investment in Singapore.
As the luxury real estate market evolves, Ardmore Park’s recent transactions serve as a testament to the area’s enduring appeal. Investors and homeowners alike continue to recognize the potential for substantial returns, making it a focal point for those seeking to capitalize on the lucrative opportunities within Singapore’s prestigious property landscape.
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News Source: Edgeprop
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