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:
The challenge for many buyers today isn't access to information.
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Over time, that's also why we decided to work with agents who shared the same data-driven and advisory-led approach behind our editorial, consultants who could help readers think through decisions more objectively, rather than simply push transactions.
Today, the team has worked with more than 2,000 clients across over $5B in property transactions.
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% |
Overall, we see that D15 has outperformed the overall property market over the past decade. But this is a broad and unspecific view.
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