Old vs New Condos In District 15: Which Offers Better Value In 2025?
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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.
It’s hard to think of a time when the price gap between new and resale condos was more relevant, than in 2025. With new launches being pricier and smaller, it’s unsurprising that more are turning to the resale market. For a price almost comparable to a new launch, you may be able to find a resale unit in a prime area like District 15 (D15).
But at the same time, there’s no avoiding the fact that age matters. How much do ageing layouts and facilities, or lease decay (if not freehold), affect the value? Let’s find out with a close-up look at price gaps between newer and older projects in each district. We’ll begin with D15, long known for its coastal living and higher-end projects:
Let’s start by looking at the overall performance of resale condos in D15
| Year | D15 | All non-landed private properties |
| 2014 | $1,230 | $1,215 |
| 2015 | $1,222 | $1,197 |
| 2016 | $1,209 | $1,248 |
| 2017 | $1,306 | $1,293 |
| 2018 | $1,325 | $1,323 |
| 2019 | $1,317 | $1,346 |
| 2020 | $1,321 | $1,280 |
| 2021 | $1,458 | $1,354 |
| 2022 | $1,575 | $1,473 |
| 2023 | $1,711 | $1,595 |
| 2024 | $1,805 | $1,681 |
| Annualised | 3.90% | 3.30% |
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.Read next from Property Investment Insights
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