In Singapore, the condo market thrives not only on new launches, but also on a robust resale sector. While a brand new condo may come at a premium price, a resale condo can offer better value in terms of size and location. For instance, a slightly older but freehold condo in highly sought-after Districts 9, 10, or 11 may provide more spacious living quarters compared to its newer leasehold counterparts, making it a desirable choice for families and investors seeking long-term capital appreciation. Furthermore, a freehold property is often viewed as a more desirable asset, as it does not depreciate over time like a leasehold property would. New condo launches only add to the already thriving condo market in Singapore.

Aside from the potential monetary gains, numerous investors find themselves attracted to a Singapore condo for reasons relating to long-term planning and lifestyle considerations. For example, parents may opt to …