Ardmore Park, a prestigious development in Singapore’s luxury property market, continues to demonstrate its strong resale potential. This exclusive residential enclave, known for its high-end offerings, has recently seen significant transactions that highlight its desirability among affluent buyers. The development, comprised of 330 units housed in three 30-storey towers, commands a premium in resale prices, further solidifying its status in the competitive landscape of luxury real estate.
On April 9, 2025, a four-bedroom unit at Ardmore Park was sold for $12 million, yielding a remarkable profit of $6.5 million. This transaction represents a 118% return on the initial purchase price of $5.5 million paid in January 2010. Such impressive gains are indicative of the robust demand for properties in this area, where buyers are willing to invest significantly for the privilege of living in one of Singapore’s most sought-after locations.
Another notable sale occurred on March 3, 2025, when a different four-bedroom unit at Ardmore Park fetched $11.8 million. This price further underscores the high demand for luxury properties in the area. The consistent trend of substantial sales prices emphasizes the development’s appeal among high-net-worth individuals seeking prime real estate in Singapore.
A particularly remarkable transaction took place on January 21, 2025, when a third four-bedroom unit situated on the seventh floor achieved a sale price of $13.2 million. This sale resulted in an impressive profit of $8.54 million, translating to a staggering 183% increase from its original purchase price. This transaction exemplifies the capital appreciation potential of properties within Ardmore Park, reinforcing the notion that investments in this development can yield significant financial returns.
Ardmore Park’s average resale price of $4,190 per square foot (psf) positions it as one of the highest in the neighborhood. This figure starkly contrasts with nearby developments such as Nouvel 18 and One Draycott, which sell for approximately $3,060 psf and $2,900 psf, respectively. The premium pricing reflects not only the quality of the units within Ardmore Park but also the desirability of the location, which is closely linked to the amenities and lifestyle options available in the surrounding area.
As the luxury property market in Singapore evolves, Ardmore Park remains a beacon for investors looking for both exclusivity and profitable resale opportunities. The impressive returns seen from recent sales reinforce the notion that Ardmore Park is not merely a residence but a lucrative asset that continues to attract discerning buyers.
With its combination of prestige, location, and strong market performance, Ardmore Park serves as a testament to the enduring appeal of high-end real estate in Singapore.
RETAIL & OFFICES SPACE FOR SALE: FORTUNE CENTRE
Fortune Centre offers a diverse range of retail and office spaces for sale, catering to various business needs.
With modern amenities and strategic locations designed to attract foot traffic, it’s an ideal investment in Singapore’s prime district.
View FORTUNE CENTRE Retail Shops and Offices for sale by contacting 6100 8822.
News Source: Edgeprop
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