In part 1 of our study of Grandeur Park Residences, which we published on Jan 27, we uncovered that this 99-year leasehold, 720-unit project managed to deliver on its promises: it was competitively priced compared to its neighbours, and beat District 16 (D16) for percentage gains in $PSF.
However, we also determined its price growth seemed constrained by this same advantage, causing a mediocre performance versus the Singapore-wide leasehold market.
In the next part of this two-part analysis of Grandeur Park Residences, we’ll look at who actually made money at Grandeur Park Residences, and why resale outcomes varied so widely despite the project’s broadly stable performance.
The challenge for many buyers today isn't access to information.
It's interpreting that information in a way that makes sense for their finances, goals, and stage of life.
Over time, that's also why we decided to work with agents who shared the same data-driven and advisory-led approach behind our editorial, consultants who could help readers think through decisions more objectively, rather than simply push transactions.
Today, the team has worked with more than 2,000 clients across over $5B in property transactions.
To identify who actually made money at Grandeur Park Residences, we need to answer two basic questions: when did they buy, and what did they buy?
To answer this, we’ll look at how prices changed at three key points: (1) at launch, (2) in the period shortly after Grandeur Park Residences was completed (around 2020), and (3) during the resale market in the year of 2025.
These are the three key moments when owners make or lose money on the sale of their unit, and depending on exactly when it happened, they don’t all lead to the same outcome.
Average $PSF
| No. of bedrooms | New sale only | Sub sale and resale in 2020/2021 | Resale in 2025 | % change from new sale to 2020/2021 | % change from new sale to 2025 | % change from 2020/2021 to 2025 |
| 1-bedroom | $1,451 | $1,637 | $2,061 | 12.83% | 42.07% | 29.24% |
| 2-bedroom | $1,447 | $1,584 | $1,980 | 9.47% | 36.78% | 27.31% |
| 3-bedroom | $1,347 | $1,515 | $2,004 | 12.49% | 48.82% | 36.33% |
| 4-bedroom | $1,392 | $1,515 | $2,008 | 8.89% | 44.29% | 35.40% |
| 5-bedroom | $1,416 | $1,625 | $1,927 | 14.79% | 36.08% | 21.30% |
Average price
| No. of bedrooms | New sale only | Sub sale and resale in 2020/2021 | Resale in 2025 | % change from new sale to 2020/2021 | % change from new sale to 2025 | % change from 2020/2021 to 2025 |
| 1-bedroom | $657,273 | $744,867 | $865,160 | 13.33% | 31.63% | 18.30% |
| 2-bedroom | $891,840 | $1,012,235 | $1,231,714 | 13.50% | 38.11% | 24.61% |
| 3-bedroom | $1,229,115 | $1,403,688 | $1,779,000 | 14.20% | 44.74% | 30.54% |
| 4-bedroom | $1,676,366 | $1,965,200 | $2,270,000 | 17.23% | 35.41% | 18.18% |
| 5-bedroom | $2,078,486 | $2,453,600 | $2,917,000 | 18.05% | 40.34% | 22.30% |
Average size (sqft) – based on units transacted
| No. of bedrooms | New sale only | Sub sale and resale in 2020/2021 | Resale in 2025 |
| 1-bedroom | 458 | 462 | 420 |
| 2-bedroom | 618 | 647 | 622 |
| 3-bedroom | 913 | 929 | 888 |
| 4-bedroom | 1205 | 1300 | 1130 |
| 5-bedroom | 1472 | 1511 | 1526 |
No. of units sold
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