These Resale Condos In Singapore Were The Top Performers In 2025 — And Not All Were Obvious Winners
The nine-year period from 2014 to 2025 has been a charged chapter in Singapore’s property market. Unannounced property cooling measures softened buying demand for some periods, shutdowns during the Covid-19 pandemic interrupted the market which later rebounded sharply in the years that followed.
The good news is that most buyers who bought properties since 2014 have a higher chance of coming out ahead, buying in when the property market was relatively weak and now selling as the market strengthened in recent years.
But even among these winners, there are degrees of difference. So we’re taking a deep dive into the condominiums that have excelled even while the wider market has risen. Here’s a look at the top few in each region:
A quick note on methodology:
For the following, we will look at the capital gains and price appreciation of projects with resale transactions between 2014 to 2025. To do this, we analysed transactions lodged in 2025, using transactions held by the same owner from 2014 to November 2025. We have also excluded projects with fewer than five transactions to avoid distortions from outliers.
For each region, we have listed only the top 10 performing projects and rank them based on the highest percentage gains based on their average price.
The Outside of Central Region (OCR)
| Project | Average gains | No. of units sold |
| KOVAN MELODY | 59.25% | 7 |
| HAZEL PARK CONDOMINIUM | 55.65% | 6 |
| CASTLE GREEN | 54.60% | 6 |
| THE PANORAMA | 53.97% | 24 |
| GUILIN VIEW | 53.68% | 5 |
| THE QUARTZ | 52.16% | 10 |
| RIO VISTA | 52.11% | 10 |
| AQUARIUS BY THE PARK | 50.60% | 11 |
| THE LAKESHORE | 49.95% | 10 |
| COCO PALMS | 49.76% | 34 |
For comparison, the average gain in the OCR from 2014 to 2025 (across all projects in the region) was 40 per cent; our top 10 condos have beaten that by a significant margin of close to 10 percentage points or more.
All of the top 10 performers have a perfect record of profitable transactions. All the transactions were resale-to-resale, with the exception of The Panorama, where there were 15 new-to-resale transactions. The significance of this is that most gains didn’t come from developer discounts, even those who bought these condos at resale have seen profits.
The Rest of Central Region (RCR)
| Project | Average gains | No. of units sold |
| THE GARDENS AT BISHAN | 66.79% | 7 |
| SIGNATURE PARK | 55.77% | 8 |
| KERRISDALE | 48.89% | 5 |
| GARDENVISTA | 47.40% | 11 |
| TANGLIN VIEW | 45.21% | 6 |
| WATER PLACE | 44.55% | 9 |
| PINE GROVE | 44.39% | 6 |
| CITY SQUARE RESIDENCES | 42.02% | 6 |
| RAFFLESIA CONDOMINIUM | 41.06% | 5 |
| PEOPLE’S PARK COMPLEX | 39.25% | 5 |
For comparison, the average gains in the RCR are 26 per cent, from 2014 to 2025. As with their OCR counterparts, our top 10 performers beat the average by a wide margin. For example, the property lowest on our ranking list, People’s Park Complex, still beat the regional average by around 13 per cent. That said, People’s Park Complex is a leasehold project built in 1972, hence it’s one of the lowest-priced options in the RCR – this naturally allows for stronger percentage gains.
All transactions were resale-to-resale, so none of these are affected by developer pricing. There were no unprofitable transactions.
The Core Central Region (CCR)
| Project | Average gains | No. of units sold |
| AMARYLLIS VILLE | 37.07% | 5 |
| THE TRIZON | 36.85% | 5 |
| SHELFORD SUITES | 35.78% | 6 |
| D’LEEDON | 24.48% | 20 |
| SOLEIL @ SINARAN | 23.83% | 6 |
| PARK INFINIA AT WEE NAM | 23.25% | 5 |
| LEEDON RESIDENCE | 22.74% | 6 |
| THE WHARF RESIDENCE | 18.40% | 5 |
| 8 @ MOUNT SOPHIA | 17.14% | 6 |
| ONE SHENTON | 16.70% | 6 |
The average gains for the CCR were 15 per cent, from 2014 to 2025. Percentage based gains are the weakest in this region, which is not unsurprising. It’s because properties here already come in at a higher base price, thus allowing less room for growth.
For example, the strongest performer, Amaryllis Ville, recorded average gains of 37.07 per cent, while projects such as One Shenton and 8 @ Mount Sophia delivered gains below 20 per cent. In contrast, OCR projects like Kovan Melody and Hazel Park were able to post gains of over 55 per cent, due to their lower base price.
All the transactions were resale-to-resale, with the exception of four new-to-resale transactions at D’Leedon. One Shenton also recorded a single unprofitable transaction, but this was an outlier.
Two notable factors that impacted pricing from 2014 to 2025
The first was that in 2014 there was a much greater gap between OCR and RCR/CCR pricing. That year, the condos in the CCR catered toward affluent buyers and investors, quite different to today when higher ABSD rates and a lower quantum are changing CCR buyer demographics.
The second factor is that buyers in 2014 were generally more fortunate. The previous property peak was in 2013 and this caused the government to impose multiple property cooling measures over the next few years, thus softening the market (you can see more details here). As such, most buyers in 2014 would probably have purchased at a lower price point and seen better gains.
This aside, we also notice that most of these are older, unglamorous projects that never made launch headlines. Notably, Hazel Park, Castle Green, Guilin View, Pine Grove, Signature Park. These are not what condo buyers typically queue for. But they tend to share two traits: larger land plots and unit layouts that are hard to replicate today. As the size of some units in new launches get smaller and more compact, these older projects become substitutes for buyers who want space but cannot afford landed homes.
Over the next few weeks, we’re going to get more specific and look at why condos on our lists outperformed. Join us on Stacked Pro as we take our first dive into Coco Palms. If you’d like to get in touch for a more in-depth consultation, you can do so here.
