A notable resale transaction has recently taken place at The Marbella, where a three-bedroom unit was sold for $4 million, translating to $2,461 per square foot. This significant sale, finalized on May 23, 2025, marks a remarkable milestone in the property’s history, as it achieved a profit of $2.75 million for the seller. The unit, which measures 1,625 square feet, was originally acquired for $1.24 million at a price of $766 per square foot back in November 2003. Over the course of 21½ years, this transaction resulted in an impressive gain of 221.3%.
The sale not only reflects the seller’s substantial financial success but also sets a new high resale record for The Marbella. Previously, the record was held by a four-bedroom unit that sold for a profit of $2.52 million in March 2023. This recent transaction underscores the growing demand for properties within this coveted condominium complex, situated in District 10.
The Marbella, completed in 2005, boasts a total of 239 units, with sizes ranging from 1,076 square feet to 4,284 square feet, catering to a diverse clientele seeking luxury living in Singapore. The strong appreciation in value of units at The Marbella has been a consistent trend since its completion. The location, amenities, and overall appeal of the condominium have attracted buyers, resulting in profitable transactions over the years.
The property’s freehold status adds to its desirability, ensuring long-term value retention for owners. As a testament to the real estate market in the area, this recent sale exemplifies the potential for significant returns on investment, particularly in a competitive market where demand continues to outpace supply.
Investors and prospective buyers alike have taken note of The Marbella’s impressive track record. The unit sold in May was not just a financial triumph for its previous owner but also highlights the ongoing trend of rising prices in the luxury condominium segment of Singapore’s real estate market. As buyers seek premium properties, The Marbella stands out as a prime choice, offering both a desirable location and a robust history of appreciation.
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News Source: Edgeprop
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