District 15 is one of the most recognisable names in the private property market. Mention it, and most Singaporeans will immediately think of Katong shophouses, East Coast Park, or Meyer Road’s “Millionaire’s Row.” It’s also a district where you can find almost every kind of private housing – boutique condos hidden in side lanes, sprawling old apartments from the 1980s, and shiny new launches with rooftop pools.
But for singles and couples, the real question isn’t Meyer Road versus East Coast Road, it’s whether to go for a bigger, older resale unit, or stick to a compact new launch. The gap between the two has widened in interesting ways, and it’s worth asking which side really delivers better value.
So is it worth buying a larger and pricier resale unit? Or should they stick to the new launch one and two-bedders, which may be a bit smaller, and hence sometimes cheaper (in an overall sense)? Here’s a deeper look at the state of the price gap:
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