We Compared Old vs New Condos in One of Singapore’s Fastest-Changing Neighbourhoods — Here’s What We Found Out
October 28, 2025
District 14 (D14) is one of the most interesting parts of Singapore, when it comes to the property market. Part of this is due to a sharp transformation since around 2019: when Paya Lebar Quarter (PLQ) was built, it transformed the area into a major commercial hub. Besides that, the residential stretch from Geylang to Paya Lebar has been tough to classify: it’s convenient but heavily urbanised, it’s somewhat-close-to-the-east but still quite central, and it’s a district that’s viable for both investors and owner-occupiers. So it’s perhaps it’s in D14, where the question “should you buy a newer or older condo” becomes very relevant:
The challenge for many buyers today isn't access to information.
It's interpreting that information in a way that makes sense for their finances, goals, and stage of life.
Over time, that's also why we decided to work with agents who shared the same data-driven and advisory-led approach behind our editorial, consultants who could help readers think through decisions more objectively, rather than simply push transactions.
Today, the team has worked with more than 2,000 clients across over $5B in property transactions.
Let’s start by looking at the overall performance of resale condos in District 14
We’re using resale to avoid any distortions from developer discounts.
| Year | D14 | All non-landed private properties |
| 2014 | $1,066 | $1,215 |
| 2015 | $1,093 | $1,197 |
| 2016 | $1,086 | $1,248 |
| 2017 | $1,099 | $1,293 |
| 2018 | $1,184 | $1,323 |
| 2019 | $1,199 | $1,346 |
| 2020 | $1,198 | $1,280 |
| 2021 | $1,286 | $1,354 |
| 2022 | $1,458 | $1,473 |
| 2023 | $1,613 | $1,595 |
| 2024 | $1,727 | $1,681 |
| Annualised | 4.94% | 3.30% |

D14 has performed better than the wider condo market, rising by close to five per cent versus the broader 3.3 per cent.
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.Need help with a property decision?
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