The condo market in Singapore also reaps the benefits of a robust resale sector. While a newly launched condominium may come with a price premium, a resale condo can offer more value in terms of size and location. For instance, a vintage freehold condo located in Districts 9, 10, or 11 may provide larger living spaces compared to a newer leasehold alternative, catering to families and investors who prioritize long-term capital appreciation. Additionally, possessing a freehold property is often viewed as a more desirable asset as it is not subject to lease decay over time.
The latest condominiums often offer …