District 9 is about “old school prestige,” and many Singaporeans have grown up with the sense that owning a condo here is a mark of success. On the other hand, District 7 is an up-and-coming contender; no few Singaporeans will tell you they frequent areas like Bugis more than Orchard these days. Given that both these locations are equally matched in convenience and accessibility, which provides better resale value? We took a look at the performance of condos in both districts to come up with an answer:
First, let’s compare the performance of District 7 and District 9 to the broader market
The following focuses only on non-landed residential properties, and includes all types of transactions (new, sub sale, and resale):
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