Same Location, But Over $700k Cheaper: We Compare New Launch Vs Resale Condos In District 7
July 3, 2025
In this Stacked Pro breakdown:
Comparison
We analysed 10 years of pricing data for two-bedroom condos in District 7 – from 2014 to 2024 – focusing on the new sale versus resale/sub sale gap. Key projects include Midtown Bay and The M on the new launch front, while resale options include DUO Residences, City Gate, Southbank, and The Plaza.
Key Insight
In 2024, the average price gap between new launch and resale two-bedders in District 7 hit 52.79 per cent, the largest across all districts. New units averaged $2.54 million, while resale counterparts hovered around $1.66 million. That’s a $878,394 difference for units that often have less space.
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Ryan J. Ong
A seasoned content strategist with over 17 years in the real estate and financial journalism sectors, Ryan has built a reputation for transforming complex industry jargon into accessible knowledge. With a track record of writing and editing for leading financial platforms and publications, Ryan's expertise has been recognised across various media outlets. His role as a former content editor for 99.co and a co-host for CNA 938's Open House programme underscores his commitment to providing valuable insights into the property market.
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