A stunning four-bedroom unit at The Tessarina has just been sold for $3.81 million, netting the seller an impressive profit of $2.4 million. This transaction, finalized on June 3, 2025, marks a significant milestone, representing the highest profit ever recorded at The Tessarina. You can appreciate the magnitude of this achievement when you consider that the seller purchased the unit back in March 2003 for $1.42 million. Over approximately 22 years, that translates to a capital gain of 168.9%, an impressive return on investment.
When you break it down, this sale reflects an annualized profit of about 4.5%. That’s a solid growth rate, particularly in a property market that can often be unpredictable. The Tessarina, completed in 2003, consists of 443 units, varying in size from 926 sq ft to a spacious 3,671 sq ft. Situated on Wilby Road, near Bukit Timah Road, it’s no wonder that the community has seen such robust price appreciation. The location itself is a significant draw, surrounded by lush greenery and offering easy access to amenities.
Now, think about the implications of this sale. The previous record profit at The Tessarina was $2.18 million from a three-bedroom unit that sold for $3.1 million in May 2025. With this new sale eclipsing that figure, it underscores the strong demand for well-placed, luxurious condos in the area. Buyers are clearly willing to invest in high-quality properties, and this sale sets a new benchmark for future transactions.
You might wonder what makes The Tessarina so appealing. The development combines modern design with practical living spaces, catering to families and professionals alike. Residents enjoy a range of facilities, from swimming pools to fitness centers, enhancing their lifestyle while adding value to their investment. The spacious four-bedroom units are particularly attractive, offering ample room for families or those who enjoy hosting guests.
Considering the current real estate landscape, this sale could encourage more sellers to consider listing their properties. If you’re in the market for a condo, this transaction highlights the potential for significant capital gains, especially in sought-after locales like The Tessarina.
In a time when property values can fluctuate, seeing a unit appreciate so dramatically reassures potential buyers and investors. It’s not just about buying a home; it’s about making a sound financial decision. As you look ahead, keep an eye on The Tessarina and similar developments. The momentum in this market could lead to even more profitable opportunities in the near future.
Whether you’re a seller or a buyer, this sale serves as a compelling reminder of the potential rewards in real estate.
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News Source: Edgeprop
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