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A lucrative transaction can be seen at Parc Stevens, a condo on Stevens Drive in District 10. A first-floor unit was sold at a whopping $7.86 million ($2,265 psf) on April 10, after originally being purchased in April 2007 for $5.2 million ($1,500 psf). This reaped a profit of $2.65 million (51%) after a 16-year holding period. It marked the highest psf-price ever recorded at the development and the first unit to change hands this year.

The second most profitable transaction of the week occurred at Yong An Park, a freehold condo in the River Valley area. The 4-bedroom unit of 3,434 sq ft on the 10th floor was sold for $8.1 million ($2,359 psf) on April 6, after having been bought for $6.02 million ($1,753 psf) 11 years prior. This brought a gain of $2.08 million (35%).

However, the most unprofitable deal was seen at Marina Bay Suites, a …

and more — on EdgeProp.sgSince its sales gallery opened on April 14, Blossoms By The Park has seen 4,000 visitors over the three days. According to Lim Yew Soon, managing director of EL Development, most of them appear to be locals.Set to launch on April 29, the private condo offers a mix of one- to four-bedroom premium units. Prices range from $1.291 million ($2,352 psf) for a one-bedroom plus study, $1.499 million ($2,211 psf) for a two-bedroom, $1.585 million ($2,198 psf) for a two-bedroom plus study, $2.082 million ($2,276 psf) for a three-bedroom dual-key, $2.279 million ($2,183 psf) for a three-bedroom, $2.921 million ($2,243 psf) for a four-bedroom, and $3.335 million ($2,213 psf) for a four-bedroom premium. SRI’s managing partner Ken Low estimates that the average sale price of the condo will be in the range of $2,350 to $2,400 psf.

The private condo Blossoms By The Park is located …