New Launch vs Resale Condos in District 7: Which Bedroom Types Offer Better Value Today?

Resale units in District 7 have outperformed the islandwide average and often offer larger sizes and more affordable options, especially in the smaller unit segments. New launches tend to have higher prices but may offer more modern layouts and amenities.

From 2014 to 2024, the average condo price in District 7 rose from about $1,900 psf to $2,265 psf, with overall prices increasing approximately 1.75% annually, which is slower than the islandwide growth rate.

Yes, larger units, especially in resale transactions, tend to have higher absolute prices. However, new launches often feature smaller, more affordable units with better layouts, which can influence price comparisons.

Resale two-bedroom units are generally larger and more affordable in terms of quantum, but new two-bedders are smaller, more modern, and have seen stronger price growth, making them a popular choice.

New units tend to be smaller, often between 420 to 520 sq ft for one-bedders and 680 to 780 sq ft for two-bedders, while resale units are larger, sometimes exceeding 900 sq ft, especially for three-bedders.

Two-bedroom units in District 7 offer a good balance of affordability and liveability, with resale units being larger and more affordable, while new two-bedders are smaller but have experienced significant price growth.