We Compared Old vs New Condos in One of Singapore’s Fastest-Changing Neighbourhoods — Here’s What We Found Out

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:

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.