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% |
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