Why is there a large price gap between new and resale condos in District 10?

The average price gap in District 10 is due to the presence of older, often more affordable resale units and newer, more expensive launch units. The gap has widened as new launch prices have increased faster than resale prices, especially since 2022.

Are resale condos in District 10 generally larger than new launch units?

Yes, resale units in District 10 tend to offer more space. In 2018, resale units averaged 1,044 sq ft compared to 679 sq ft for new launches. In 2024, resale units still averaged 955 sq ft versus 911 sq ft for new units.

How have the prices of new two-bedroom condos in District 10 changed over recent years?

From 2021 to 2024, the average price of new two-bedroom condos increased from about $2.83 million to over $3.2 million, with the $PSF also rising, indicating a significant price growth in recent years.

What factors influence the higher prices of new launch condos compared to resale units in District 10?

New launch prices are influenced by developer pricing strategies, project phase, and market demand. Many new units are sold several years after initial launch at higher prices, while resale units often reflect earlier, lower prices.

Is it worth paying the premium for new launch condos in District 10?

This depends on individual preferences and investment goals. New launches may offer modern amenities and newer facilities, but resale units often provide more space and potentially better value for the price, especially given the widening price gap.

We Compared New Vs Resale Condo Prices In District 10—Here’s Why New 2-Bedders Now Cost Over $600K More

Ryan J. Ong

July 1, 2025

Is a New Launch Worth the Premium? D10’s Two Bedroom Price Gap Hits $687,000

In this Stacked Pro breakdown:

Comparison
We analysed 10 years of price data (2014–2024) for two-bedroom condos in District 10, comparing new launch, sub sale, and resale transactions. Featured projects include 19 Nassim, Grange 1866, and Perfect Ten on the new launch front, versus resale standouts like D’Leedon, Spring Grove, and Dynasty Garden.

Key Insight

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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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