When it comes to private property, District 9 (D9) has long been the benchmark of Singapore’s luxury market. This district encompasses some of the city’s most desirable neighbourhoods, from Orchard to River Valley, and with local buyers now reclaiming the CCR, properties here are bound to draw attention.
But in a district already packed with freehold luxury condos, buyers today face a tough question: should you go for the glossier new launches, or are the older resale options offering better value?
To find out, we dug into the data. After analysing District 9 transactions over the last 10 years, we break down the actual price gaps between new launch and resale condos—by unit size, from compact 1-bedders to spacious 3-bedders. The results may surprise you.
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.
Let’s start by looking at the price movement for new launch and resale condos in D9, over the last 10 years
| Year | New Sale | Sub sale and resale | % difference |
| 2014 | $2,344 | $1,975 | 18.68% |
| 2015 | $2,094 | $1,892 | 10.66% |
| 2016 | $2,305 | $2,107 | 9.41% |
| 2017 | $2,160 | $2,003 | 7.84% |
| 2018 | $2,898 | $2,299 | 26.06% |
| 2019 | $2,789 | $2,258 | 23.51% |
| 2020 | $2,581 | $2,095 | 23.15% |
| 2021 | $2,739 | $2,198 | 24.60% |
| 2022 | $2,837 | $2,208 | 28.51% |
| 2023 | $2,978 | $2,241 | 32.90% |
| 2024 | $3,018 | $2,277 | 32.57% |
Over the past decade, the price difference between new launch and resale condos here has widened. In 2014, the average new launch unit in D9 transacted at around $2,344 per sq ft, while resale and sub-sale units averaged $1,975 per sq ft, a difference of about 18.7 per cent.
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