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EdgeProp's 8 October 2026 round-up of URA resale caveats found District 10 leading all districts on profitable condo resales for the week of 22-29 September 2026. For an owner or landlord tracking long-run value rather than a single sale, four takeaways stand out, and they apply just as much to a buyer further down the property ladder weighing a leasehold purchase elsewhere in Singapore.
Solano Grand EC Takeaway 1: A Freehold Hold Can Still Pay Off Slowly
At Grange Residences, a freehold condominium completed in 2004 with 164 units, a 2,583 sq ft four-bedroom unit sold on 22 September 2026 for $9.25 million ($3,581 psf). Bought in December 2011 for about $6.1 million ($2,361 psf), it returned a $3.15 million gain — 51.6%, or roughly 2.9% a year annualised over almost 15 years. The project's own record gain, from June 2025, was $6.5 million, a reminder that even within one freehold development, outcomes can vary a great deal depending on exactly when a unit was bought and sold.
Solano Grand EC Takeaway 2: Thin Trading Can Mean Outsized Percentage Gains
Balmoral 8, a 40-unit freehold project completed in 2003, saw a 1,905 sq ft three-bedroom unit sell on 24 September 2026 for $4.22 million ($2,215 psf), up from $1.8 million ($945 psf) in April 2005. The $2.42 million gain comes to 134%, or close to 4% annualised across 21.5 years — and it was the project's first resale transaction recorded in 2026, underlining how rarely a unit in a 40-home block changes hands in any given year, which can make a single sale swing the percentage figures considerably.
Solano Grand EC Takeaway 3: Tenure and Entry Price Cut Both Ways
The same week's steepest loss nationwide came from Seascape, a 99-year leasehold project of 151 units in Sentosa Cove. A 2,174 sq ft three-bedroom unit sold on 28 September 2026 for $3.37 million ($1,549 psf), against $5.79 million ($2,662 psf) paid to the developer in April 2010 — a $2.42 million loss, or 41.8%. A high entry price and a decaying lease moved this outcome in the opposite direction from the two District 10 gains, which is the same mechanism working against a seller rather than for one.
Solano Grand EC Takeaway 4: An EC Buyer Is Making a Similar Long-Run Bet
An owner weighing a newer purchase, including an Executive Condominium, is effectively making the same long-run bet on holding period and tenure, just starting the clock later and on a lease that counts down rather than running indefinitely. Solano Grand, the first EC site released in Bukit Panjang in close to fifteen years, is planned for about 300 homes on a 99-year lease on Senja Close, District 23, near the Bukit Panjang MRT/LRT interchange and Jelapang LRT, on a site of about 109,352 sq ft at a plot ratio of 3.0. City Developments Limited, which has built a run of ECs before this one, secured the site in a Government Land Sales tender in August 2025, and the project is at pre-launch with registration open. For an owner thinking in the same decades-long terms as the Grange Residences and Balmoral 8 sellers, an EC's eventual resale lies at the far end of a timeline that is only just beginning here. Readers can learn more from the homepage, the location page for the walk to Bukit Panjang, or by reaching the Sales Concierge via the contact page.
Source: EdgeProp.
General information only, not financial or legal advice.
Source: EdgeProp. This article is independent commentary; Solano Grand EC is not affiliated with the parties mentioned.