Why The Interlace Condo Underperformed—Despite Its Massive Land Size And Large Units

The Interlace saw strong buzz and design acclaim, but 16 years on, its ROI tells a mixed story—here’s what resale data reveals about its real performance.

By Ryan J. Ong

Published 25 July 2025, 10:07 AM SGT · 14 min read · 693

In this Stacked Pro breakdown:

Overview

Launched in 2009 with its striking Jenga-like design, The Interlace quickly became one of Singapore’s most iconic condos. It won global awards and made headlines, but how has it actually performed?

From 2009 to 2024, The Interlace achieved an annualised return of 3.05%, outperforming other 99-year condos in District 4, but trailing behind the islandwide average. We analysed its resale-only transactions, floor plans, and price trends to uncover what the headline ROI doesn’t show.

Key Insight

Despite strong resale volumes and early buzz, The Interlace has delivered mixed results. Its large unit sizes and unconventional layout appeal to a niche audience, which has affected price growth consistency over time.

Why This Matters

The Interlace demonstrates that design prestige alone is insufficient. For long-term value, demand fundamentals (like layout efficiency and price accessibility) still matter most. For buyers and investors, it’s a lesson in looking past the surface.

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Frequently asked questions

Why has The Interlace condo underperformed despite its large land size and iconic design?

The Interlace's large units and unconventional layout appeal to a niche market, affecting price growth consistency. Its performance, with an annualized return of 3.05%, is better than some nearby leasehold condos but falls short of the islandwide average, indicating design prestige alone doesn't ensure long-term value.

How does The Interlace's resale performance compare to its neighboring projects?

When focusing on resale transactions from 2014 onward, The Interlace's ROI improves to 2.63%, outperforming District 4's average but still lagging behind older neighbors like Harbour View Towers and The Anchorage, which have kept pace or outperformed it over time.

What lessons can investors learn from The Interlace's performance?

Design prestige alone isn't enough for long-term value. Demand fundamentals such as layout efficiency and price accessibility are crucial. Despite its iconic status, The Interlace's mixed results highlight the importance of considering broader market performance and demand factors.

Has The Interlace's price growth been consistent over the years?

No, The Interlace experienced dips between 2013 and 2017, coinciding with property market peaks and cooling measures. Prices recovered afterward, crossing $1,600 psf in 2024, but growth has been uneven, reflecting market conditions and demand factors.

How do unit types at The Interlace influence its investment performance?

Analysis of different unit types shows The Interlace's annualized growth rates lag behind older projects in both 2- and 3-bedroom segments. Larger units and higher quantum prices also tend to have lower relative growth compared to some peers.

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Ryan J. Ong

Partner at Stacked

A seasoned content strategist with over 17 years in the real estate and financial journalism sectors, Ryan has built a reputation for transforming complex industry jargon into accessible knowledge. With a track record of writing and editing for leading financial platforms and publications, Ryan’s expertise has been recognised across various media outlets. His role as a former content editor for 99.co and a co-host for CNA 938’s Open House programme underscores his commitment to providing valuable insights into the property market.

1 Comments

Richard Li 1 year ago

There are a large number of units at the Interlace with outdoor terraces; and hence the psf does not necessarily reflect the resale price trend accurately.

Reply