Resale properties are growing in popularity for their spaciousness and affordability. Demand has been rising as the median per square foot price gap between new and resale condos has continued to widen over the years.
In 2021, the price gap was 38.9 per cent, but this rose to 55.2 per cent in 2022 and 62.9 per cent in the first five months of 2023, based on the Urban Redevelopment Authority’s (URA) data.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
