Same Location, But Over $700k Cheaper: We Compare New Launch Vs Resale Condos In District 7

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.

Why This Matters
This raises a serious question for homebuyers and investors alike: are District 7’s new launch two-bedders still worth it, especially when resale options in the same area offer more space and convenience at a far lower price point? We break down what’s driving the gap, and whether the premium is truly justified.

🔓 Get the full breakdown, including floor plan comparisons and buyer sentiment trends — only on Stacked Pro.

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