District 15 has always been a favourite for families. From Meyer Road’s ultra-exclusive offerings to the lifestyle hub of Katong, you’ll find some of Singapore’s most in-demand private condos, and some built at a time when a three-bedder could rival a four or even five-bedder in size today.
Older projects often come with sprawling layouts, full-sized yards, and sizeable bedrooms – features that developers have shaved down in modern condos to keep the overall quantum palatable. At the same time, newer three- and four-bedders bring greater efficiency, updated facilities, and the assurance of a longer lease.
So, for buyers planning to live in District 15, does it make sense to buy new or stick with the resale options? Let’s have a look:
The challenge for many buyers today isn't access to information.
It's interpreting that information in a way that makes sense for their finances, goals, and stage of life.
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.
We’ll begin with the general price trend for D15
(If you’ve previously read our article on the new launch/resale price gap for one and two-bedders in D15, this information on the overall district is similar.)
| Year | New Sale | Sub sale and resale | % difference |
| 2014 | $1,609 | $1,230 | 30.73% |
| 2015 | $1,638 | $1,222 | 34.11% |
| 2016 | $1,742 | $1,209 | 44.07% |
| 2017 | $1,756 | $1,306 | 34.50% |
| 2018 | $1,968 | $1,325 | 48.54% |
| 2019 | $2,342 | $1,317 | 77.78% |
| 2020 | $2,199 | $1,321 | 66.42% |
| 2021 | $2,351 | $1,458 | 61.26% |
| 2022 | $2,390 | $1,575 | 51.69% |
| 2023 | $2,549 | $1,711 | 48.99% |
| 2024 | $2,683 | $1,805 | 48.66% |
Overall, the price gap between new launches and resale units has widened by almost 18 per cent from 2014 to 2024. The biggest gap came in 2019, when new projects were about 78 per cent higher. This was largely due to the launches of Seaside Residences and Amber Park, which were high-priced launches that drove up the gap that year.
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