Your search results

Top 5 Factors To Consider When Choosing Between A Resale Condo And A New Launch In Singapore

Posted by Jayson Ang on June 17, 2025

| 0

TLDR

Choosing between a resale condo and a new launch in Singapore depends on your priorities as an investor or homeowner. New launch condos offer modern facilities, updated designs, and potential early bird discounts, but require waiting for completion before you can move in or rent out. Resale condos provide immediate availability, more accurate rental income estimates, and potentially larger unit sizes, though they may come with higher maintenance costs and older amenities. Carefully assess your financial goals, desired timelines, and preferences in unit features and investment returns before making a decision. By considering these factors, you can confidently select the property type that best matches your needs and maximizes your investment potential in Singapore’s property market.

The decision to invest in a condominium in Singapore can be a challenging one, especially when faced with the choice between a resale condo and a new launch. Both options have their own set of advantages and disadvantages, making it crucial for potential buyers to carefully weigh their options before making a decision.

We will explore the top 5 factors to consider when choosing between a resale condo and a new launch in Singapore, along with an introduction and conclusion to help guide you in your decision-making process.

1. Choice of Units and Facilities:

A new launch condo offers the latest facilities, features, and designs compared to a resale condo. The infrastructure, interior, and outdoor facilities are likely to be more up-to-date and may include smart home technology. On the other hand, resale condos may not have the latest facilities but offer a larger unit size due to lower construction costs in the past.

2. Rental Income Predictability:

Resale condos provide a more predictable rental income as you can gauge it based on current or past tenants’ rent. This allows you to make a more informed decision on whether the investment is worth it. In contrast, newly launched condos do not have this advantage as they are not yet available for rent.

3. Maintenance Costs:

Newly launched condos generally have lower maintenance costs as they are brand new and less likely to require repairs or replacements. Resale condos, being older, may have higher maintenance costs due to wear and tear over time.

4. Immediate Availability for Rent:

Investing in a resale condo allows you to put the property up for rent almost immediately, generating passive income right away. In comparison, a new launch condo may take several years to complete construction, delaying the potential rental income.

5. Discounts and Market Value:

New launch condos often come with pre-launch or early bird discounts, which can be attractive to investors. However, resale condos may present opportunities to find under market value or fire sale properties, which can also be a great investment opportunity.

In conclusion, the choice between a resale condo and a new launch in Singapore depends on various factors such as unit choice, rental income predictability, maintenance costs, immediate availability for rent, and potential discounts or market value. It is essential to carefully consider these factors and evaluate your financial situation, preferences, and investment goals before making a decision. By doing so, you can make an informed choice that best suits your needs and maximizes your return on investment.

If you would like to arrange a viewing appointment with us in Singapore, do send us a DM here

Should You Buy, Sell or Wait?

If you’re reading this, you must be trying to figure out the best course of action right now: is it the right time to buy or sell?

It’s difficult to give an exact answer since everyone’s situation is unique and what works for one person may not necessarily work for you.

I can bring you a wealth of on-the-ground experience and a data-driven approach to provide clarity and direction. From beginners to experienced investors, our top-down, objective approach will help you on your real estate journey.

I can help you by:

Offering Strategic Real Estate Advice – I can help create a comprehensive plan to guide you through your property journey.
Connecting Your Home with the Perfect Buyers – Through stunning visuals, an effective communication strategy, and an in-depth knowledge of the market, we’ll ensure your home is presented in the best possible way to fulfill your goals.

You May Also Like …

Buying Tips Mandarin Top 5

Singapore Living: 5 Must-Know Factors for Choosing the Perfect Neighborhood

Jayson Ang – June 30, 2023 –

Singapore Living: 5 Must-Know Factors for Choosing the Perfect Neighborhood When it comes to purchasing a property in Singapore, the...

Mandarin Top 5

5 Reasons Why It’s A Great Time To Buy Property In Singapore In 2024

Jayson Ang – February 24, 2024 –

Singapore's property market is known for its stability, high demand and strong returns. With a growing population, low unemployment rates,...

All Buying Tips Opinion Selling Tips

The Importance of Caution Regarding Property Oversupply in Singapore

Jayson Ang – March 10, 2025 –

TLDR Recent challenges in China's real estate sector reveal valuable lessons for Singaporeans, emphasizing the importance of understanding governmental interventions...

Mandarin Top 5

Top 5 Rules for Investing in Singapore’s Property Market – Expert Insights!

Jayson Ang – October 15, 2024 –

Investing in Singapore's property market has long been considered a lucrative and stable investment option. With its robust economy, strong...

All Blog Posts Buying Tips

Which Is Better For You: A 99-Year Leasehold Or Freehold Property Tenure?

Jayson Ang – March 25, 2023 –

TLDR When it comes to the choice between leasehold and freehold properties in Singapore, several factors must be considered. Leasehold...

All Blog Posts Opinion

When Should You Consider a Shorter/Longer Home Tenure?

Jayson Ang – May 8, 2023 –

TLDR Understanding the benefits of long-term home loans is crucial for financially conservative individuals in Singapore. Opting for a longer...

All Blog Posts Buying Tips Opinion

Methods to Beat ABSD and Own Multiple Properties in 2024 (Updated)

Jayson Ang – November 19, 2024 –

TLDR Navigating the Additional Buyers Stamp Duty (ABSD) in Singapore can be daunting for property investors. To save on ABSD...

All Buying Tips

5 Reasons Why Your House Isn’t Selling – and How to Overcome Them!

Jayson Ang – June 24, 2023 –

TLDR When trying to sell your home, ensure it is competitively priced based on its unique features and the current...

All Opinion

Should We Reconsider the ABSD Rates?

Jayson Ang – January 5, 2025 –

TLDR We explore the need to reevaluate the current Additional Buyer's Stamp Duty (ABSD) rates in Singapore, considering their impact...

Mandarin Top 5

5 Cons Of Buying A Resale Property

Jayson Ang – March 7, 2024 –

Luxury properties in Districts 9 and 10 of Singapore are highly coveted, and for good reason. From stunning views and...

Buying Tips Mandarin Top 5

5 Things to Know About Singapore’s Freehold & Leasehold Properties

Jayson Ang – June 10, 2023 –

5 Things to Know About Singapore's Freehold & Leasehold Properties Here are 5 things you need to know about Singapore's...

Mandarin Top 5

Top 5 Places to Watch the Sunset in Singapore

Jayson Ang – March 21, 2024 –

Singapore, a bustling city-state known for its modern architecture and vibrant culture, is also home to some of the most...

All Buying Tips Opinion

Exciting News: Affordable Housing in Singapore by 2024?

Jayson Ang – May 31, 2024 –

TLDR The real estate market in Singapore is experiencing shifts in housing supply and demand, influenced by factors like mortgage...

All Buying Tips Opinion

2024 Will Be A Buyers Market

Jayson Ang – January 23, 2024 –

TLDR 2023 saw a roller-coaster ride in the real estate market, with various challenges like high interest rates and geopolitical...

Mandarin Top 5

5 Points : Singapore’s Property Market vs. Stock Market: Which is the Better Investment Option?

Jayson Ang – April 2, 2024 –

Investing is an important aspect of personal finance and can be a valuable way to grow wealth over time. However,...

Mandarin Top 5

Top 5 Sushi Restaurants in Singapore

Jayson Ang – May 2, 2024 –

Singapore, a melting pot of cultures and culinary delights, is known for its diverse and vibrant food scene. Among the...

All Buying Tips Reports

2024 Residential Property Market Outlook

Jayson Ang – December 22, 2023 –

TLDR The market outlook for 2024 suggests continued uncertainties affecting housing demand and risk appetite due to geopolitical tensions, macroeconomic...