Analysing 10 Years of District 15 Boutique Condo Transactions: Insights Into What Drives Profitability

In Singapore’s property market, boutique condos have always divided opinion. Some buyers are drawn to their exclusivity, low density, and neighbourly feel; others see them as risky, offering fewer facilities, a narrower buyer pool, and sometimes higher maintenance costs.

District 15 offers an ideal testing ground for this debate. With one of the highest concentrations of boutique developments in the country, it’s a place where the performance of these small-scale projects can be observed over time.

So, in such a competitive environment, have boutique condos managed to hold their own as investments? We analysed 10 years of resale transactions (2014–2024) to find out.