For subscribers
Where to find the ‘hot’ resale condo units
Sign up now: Get ST's newsletters delivered to your inbox
The resale market will likely see more sales activities as around 19,000 landed, non-landed, and EC units will be completed in 2023.
ST PHOTO: LIM YAOHUI
Christine Sun
Follow topic:
Resale properties are growing in popularity because of 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.
