District 5 (D5) is often considered the “education belt” of Singapore, thanks to the presence of NUS, SIT, UniSIM, etc. But with the advancement of the One North tech and media hub, it’s also become a lot more popular in recent years. From a start-up enclave (read: great for rental prospects) to a hybrid of luxury and practical housing, this is now one of the more closely watched residential districts in Singapore. But how does lease decay impact properties here, and are older D5 properties at a serious disadvantage to newer ones? In this article, we look at the effects of age in condos across D5, and see if you should consider its older options:
And if this made you curious about whether older condos in D5 are really at a disadvantage, you’re not alone. Tell us what kind of property you’re considering and we’ll connect you with one of our trusted partner agents who can show which older developments are still holding up well, and where the newer ones may not justify their premium.
Let’s start by looking at the overall performance of condos in D5
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