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 …

All Opinion

Why Can’t We Have More Housing Options For Singles?

Jayson Ang – April 5, 2024 –

TLDR The blog post discusses the evolving regulations for single individuals to purchase public housing in Singapore. It highlights the...

All Blog Posts Opinion

Should You Be Upgrading To A Condo In 2023?

Jayson Ang – April 24, 2023 –

TLDR The 2022/23 property market is experiencing high prices, making it challenging for individuals to decide whether to upgrade their...

All Buying Tips Opinion Selling Tips

3 Winning Strategies for Skyrocketing Your Property Market Profits (Including Real-Life Success Stories)

Jayson Ang – August 21, 2024 –

TLDR In the dynamic property market of Singapore, maximizing profit is key for sellers and investors. Three essential strategies stand...

Mandarin Top 5

Top 5 : Best Themed Cafes in Singapore

Jayson Ang – November 15, 2024 –

Singapore, a vibrant and diverse city, is known for its eclectic mix of cultures, cuisines, and attractions. Among the many...

All Opinion

Housing Affordability in 2023: Is Singapore Property Truly Unaffordable?

Jayson Ang – November 4, 2023 –

TLDR Singapore’s property market faces challenges with high prices, especially in private housing. While public housing remains more affordable, the...

All Blog Posts Buying Tips Opinion Reports

What Difference in One Year After the ABSD Hike in April 2023?

Jayson Ang – December 7, 2024 –

TLDR The recent hike in ABSD rates, especially the increase from 30% to 60% for foreign buyers, has dramatically affected...

All Opinion Selling Tips

The Lease Buyback Scheme Is A Strategy That Could Help You Retire Comfortably In Your HDB Flat

Jayson Ang – April 23, 2024 –

TLDR The Lease Buyback Scheme (LBS) trend among older Singaporeans is slowly gaining momentum, despite initial reluctance. The scheme allows...

All Blog Posts Buying Tips

HDB Loan Vs Bank Loan: Pros & Cons

Jayson Ang – February 25, 2023 –

TLDR When deciding between an HDB loan or a bank loan for purchasing a property in Singapore, consider key factors...

All Blog Posts Opinion

Are You Ready to Take on the Singapore Property Market in 2023? 12 Reasons to Be Hopeful (Or Wary)!

Jayson Ang – December 21, 2022 –

2022 sure was a rollercoaster ride for the property market, and the world! From war in Europe to skyrocketing interest...

All Buying Tips

3 Steps to Prevent Rental Scams

Jayson Ang – January 23, 2024 –

TLDR: Prevent Rental Scams in Real Estate Scammers are targeting prospective tenants by impersonating Real Estate Salespersons (RES) to deceive...

All Blog Posts Opinion

Invest During the Bearish & Exit During the Bullish

Jayson Ang – December 27, 2022 –

TLDR A comprehensive overview of the real estate market trends, emphasizing the importance of strategic property analysis and investment decisions....