We Compared Old vs New Condos in One of Singapore’s Priciest Neighbourhoods — Here’s What We Found for Smaller Units

District 11 (D11) has some of the most famous high-end residential enclaves: think Newton, Novena, Watten Estate and Thomson. Here, the condo landscape has a wide-ranging mix of old and new projects alike; but thanks to its central location, even the oldest condos here can still fetch a premium. D11 is also one of the districts that draw both owner-occupiers as well as landlords, as proximity to the CBD ensures near-constant tenant demand. In light of that, does condo age matter in D11, and how much? Demand seems strong across the board anyway; so does it make sense to go for a lower $PSF, even in an ageing unit? Let’s take a closer look:

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