Good Deal? CBD 775fr condo selling at a 880k loss, Samster got buy?

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Is it a Good Deal?: A condo in Downtown Core sold at a loss of $815,769​

Elizabeth Choong
Fri, 20 March 2026 at 12:21 PM SGT
6 min read
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So far this year, only one unit from The Clift has been sold (Photo: Albert Chua/EdgeProp Singapore)

Last month, a one-bedroom duplex on the 32nd storey in The Clift was sold for $1.3 million ($1,677 psf), resulting in a loss of approximately $815,769. The seller had purchased the 775-sq ft unit in June 2011 for $2.116 million ($2,730 psf).

We used our analytics tool, Is it a Good Deal?, to assess whether the buyer of this unit in the 99-year leasehold condo along McCallum Street had secured a good deal.

In the heart of Tanjong Pagar

The Clift is a 99-year leasehold condo that obtained its temporary occupation permit (TOP) in 2011, making it 15 years old. The condo has a remaining lease of approximately 77 years, as its land lease commenced in 2004. It features 312 one-bedroom and two-bedroom units ranging from 495 sq ft to 1,076 sq ft.