In Part 1 of our Singapore Property Market Snapshot for September 2026, we looked at resale activity across condos, HDB flats and landed homes, including transaction volumes, pricing trends, the most active projects and September’s highest-value deals.
In this second part, we turn to resale gains and losses, examining which transactions delivered the strongest gains for owners, where losses occurred, and the property characteristics that stood out across the three market segments.
Condo Resale Gains and Losses in September 2026
1. Top 5 Condo Resale Gains
Image: Top 5 Condo Resale Gains in September 2026. Source: RealInsight
September’s five largest condo resale gains ranged from approximately S$2.97 million to S$3.91 million. Glentrees recorded the highest absolute gain, with a 3,670 sq ft four-bedroom unit selling for S$5.6 million after previously transacting for S$1.69 million. After a holding period of more than 22 years, the property generated a S$3.91 million gain, equivalent to 231.4%.
The Claymore followed closely with a S$3.86 million gain after more than 30 years of ownership. Peach Garden recorded a S$3.62 million gain, while The Botanic On Lloyd gained approximately S$3.25 million. Faber Garden Condominium completed the top five with a S$2.97 million gain.
Long holding periods were a defining feature of September’s strongest condo gains. All five properties had been held for more than 22 years, while unit sizes ranged from 2,120 sq ft to 3,670 sq ft. Four were freehold and Glentrees carried a 999-year lease, suggesting that sizeable homes with long ownership periods were a common theme among the month’s top performers.
Faber Garden Condominium recorded the largest percentage return at 263.5%, followed by Peach Garden at 244.6% and Glentrees at 231.4%, highlighting how a relatively low historical purchase price can translate into a substantial percentage gain over a long holding period.
2. Top 5 Condo Resale Losses
Image: Top 5 Condo Resale Losses in September 2026. Source: RealInsight
September’s five largest condo resale losses ranged from approximately S$1.5 million to S$5.87 million. Marina Collection recorded by far the biggest loss, with a 4,725 sq ft unit selling for S$6.8 million after previously transacting for approximately S$12.67 million. Following a holding period of 18 years and 8 months, this translated to a S$5.87 million loss, or 46.3%.
Cliveden At Grange appeared twice among the top five losses, with units recording declines of approximately S$3.04 million and S$1.5 million. Seascape recorded a S$2.42 million loss, while Marina Bay Suites recorded a loss of around S$1.73 million.
A notable feature of the September list was that all five properties had been held for more than 16 years, yet still sold below their previous purchase prices. Their current transacted PSFs were also substantially below their earlier PSF levels in several cases. This again shows that a long holding period does not necessarily guarantee a profitable resale outcome, particularly when the original entry price was high.
HDB Resale Gains and Losses in September 2026
1. Top 5 HDB Resale Gains
Image: Top 5 HDB Resale Gains in September 2026. Source: RealInsight
September’s five largest HDB resale gains ranged from approximately S$575,890 to S$770,000. An executive flat at Block 261 Bishan Street 22 recorded the highest absolute gain, selling for S$1.6 million after an earlier transaction at S$830,000. Following a holding period of just over seven years, the flat delivered a S$770,000 gain, equivalent to 92.8%.
A five-room flat at SkyTerrace @ Dawson followed with a S$618,000 gain. An executive flat at Block 105 Simei Street 1 gained S$594,000, while a five-room flat at Block 44 Lengkok Bahru recorded a S$579,000 gain. Sin Ming Garden completed the top five with a gain of approximately S$575,890.
Larger flat types dominated the rankings once again, with three executive flats and two five-room flats accounting for all five transactions. Holding periods were more varied than among the condo gains, ranging from just over five years to more than 19 years.
Block 105 Simei Street 1 recorded the highest percentage increase at 150%, despite ranking third in absolute dollar gain. The results show that both medium-term and longer-term owners were represented among September’s strongest HDB resale outcomes.
2. Top 2 HDB Resale Losses
Image: Top 2 HDB Resale Losses in September 2026. Source: RealInsight
Only two HDB resale losses appeared in the September dataset. A four-room flat at Blangah Garden recorded the larger loss, selling for S$588,000 after previously transacting at S$630,000. Following a holding period of 1 year and 2 months, the flat recorded a S$42,000 loss, or 6.7%.
A three-room unit at Eunos Crescent View sold for S$410,000 after an earlier purchase at S$430,000, resulting in a S$20,000 loss, or 4.7%, after being held for just over two years.
Both transactions had comparatively short holding periods, in contrast with many of the month’s strongest HDB gains. With only two loss-making HDB transactions appearing in the dataset, realised losses remained relatively limited in both number and absolute value during September.
Landed Resale Gains and Losses in September 2026
1. Top 5 Landed Resale Gains
Image: Top 5 Landed Resale Gains in September 2026. Source: RealInsight
Landed homes once again recorded the largest absolute resale gains across the three property segments. September’s top five ranged from approximately S$8.89 million to S$25.2 million.
A Good Class Bungalow at Dalvey Road in District 10 led the month, selling for S$56 million after previously transacting for S$30.8 million. After a holding period of 12 years and 2 months, the property generated a S$25.2 million gain, or 81.8%.
A detached house at Raffles Park followed with a S$15.85 million gain after more than 30 years of ownership. A semi-detached house at Mount Sinai gained S$9.54 million, while Wajek Walk recorded a S$9.2 million gain. Hong Kong Park rounded out the top five at approximately S$8.89 million.
Long-term ownership was again prominent, with four of the five properties held for more than 22 years. Wajek Walk achieved the largest percentage return at 511.1%, followed by Hong Kong Park at 436.3% and Mount Sinai at 346.8%.
The Dalvey Road transaction, however, demonstrates how absolute and percentage gains can differ substantially: despite producing the largest dollar gain at S$25.2 million, its percentage increase was the lowest of the five at 81.8%, reflecting its significantly higher previous purchase price.
2. Top Landed Resale Loss
Image: Top Landed Resale Loss in September 2026. Source: RealInsight
Only one landed resale loss appeared in September’s dataset. A strata semi-detached home at Verdure sold for S$4.8 million, compared with its previous transaction price of approximately S$4.98 million.
After being held for just over 17 years, the property recorded a loss of approximately S$184,560, equivalent to 3.7%.
The transaction stands in contrast to September’s landed gains, many of which benefited from substantial long-term appreciation. Its lengthy holding period also shows that, as with condos, holding a property for many years does not by itself ensure a profitable resale outcome.
What September’s Resale Gains and Losses Tell Us
September’s gains showed a clear difference in scale across the three property segments. Landed homes produced by far the largest absolute gains, led by the S$25.2 million profit at Dalvey Road. Condo gains reached S$3.91 million, while the highest HDB gain was S$770,000.
Long ownership periods remained one of the clearest characteristics among the strongest condo and landed transactions. All five top condo gainers had been held for more than 22 years, while four of the five landed properties had also been owned for more than two decades. HDB gains were more varied, with strong outcomes appearing after holding periods ranging from around five to 19 years.
Losses told a different story. Condo losses remained sizeable, with Marina Collection alone recording a S$5.87 million decline despite being held for almost 19 years. HDB losses were far smaller and limited to just two transactions, while only one landed loss appeared in September’s dataset.
Overall, September’s results reinforce that holding period is only one part of the resale equation. Previous purchase price, property type, location, tenure, size and market conditions at the time of both purchase and sale can all play a role in the final realised outcome.
Read Part 1 of the Singapore Property Market Snapshot for September 2026 for September’s transaction volumes, pricing trends, most active projects and highest-value resale transactions.
The data presented in this monthly report is accurate as of 13 October 2026. While we strive to provide the most up-to-date information available, it is important to note that there may be a small percentage of transactions that experience delays in reporting from the respective agencies and government sources. Therefore, the data provided should be interpreted with this in mind, and you are encouraged to verify the latest information for your specific needs.
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Continue to read our previous monthly reports:
Singapore Property Market Snapshot – August 2026:
- Part 1 - Resale Trends Across Condos, HDBs and Landed Homes
- Part 2 - Gains and Losses Across Condos, HDBs and Landed Homes
- Part 3 - Rental Trends Across Condos, HDBs and Landed Homes
Singapore Property Market Snapshot – July 2026:
- Part 1 - Resale Trends Across Condos, HDBs and Landed Homes
- Part 2 - Gains and Losses Across Condos, HDBs and Landed Homes
- Part 3 - Rental Trends Across Condos, HDBs and Landed Homes
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