New Condos in Singapore Why They’re the Top Choice for Buyers and Investors – A Comprehensive Comparison of New vs Old Condos
The rental market has experienced fluctuations over time, largely affected by economic conditions. However, overall vacancy rates have remained stable. The COVID-19 pandemic caused a temporary decrease in rental demand due to travel restrictions, but as borders reopened and economic activity resumed, the market quickly recovered. As of 2024 and 2025, rents have reached a stable point after a previous sharp increase, and the supply has been expanded with the addition of new condo completions. This offers tenants a wider variety of options. For investors, this means prioritizing location, unit efficiency, and tenant management to ensure a consistent and sustained rental income. Additionally, with the availability of new condo, investors can explore more opportunities and options in the market.
On the other hand, some buyers and investors may prefer older condos in Singapore for various reasons. For example, older condos may have a more established and mature community with …