In the Singapore property market, sometimes appearances can be deceiving. Despite the aged facades, peeling paintwork, and limited amenities, some old condos have managed to defy expectations and offer a trove of advantages that can’t be overlooked. These gems from the past boast expansive grounds and more spacious unit sizes, something that many newer condos just cannot provide.
While faded playgrounds and modest swimming pools may not initially captivate the casual observer, that are some experienced homebuyers that see beyond the surface. They recognise the hidden potential and untapped opportunities that lie within these aged residential blocks.
But this doesn’t mean that every old resale condo – particularly older ones with a low price per square foot – are always a value buy. Rather, check out the following older condos, which have managed to defy expectations:
Note: Some of these older condos have lower transaction volumes, which can cause price volatility. It is, however, inevitable that fewer transactions occur with...