Resale condos may not have that “new car effect” of owning something brand new, but some property investors will swear by these. There are good reasons for that: not only are you observing the real product (noisy neighbours and all), but you can observe transaction histories, get feedback, and depending on the project, sometimes get a better deal because of how resale prices may sometimes lag behind a new launch. Here are some examples of resale condos that have produced mind-boggling profits to date:
Note: We only used projects with at least five transactions this year (2024), which were bought anytime between 2013 and 2023.
Top projects for resale gains, by percentage
| Project |
Tenure |
Completed |
Avg Gains (%) |
Avg Total Returns (%) |
Avg Holding Period |
No. of Buy/Sell Tnx |
| THE RIVERVALE |
99 yrs from 18/12/1997 |
2000 |
$554,778 |
63.2% |
6.9 |
5 |
| THE BLOSSOMVALE |
999 yrs from 15/08/1884 |
1998 |
$1,068,000 |
59.1% |
8.4 |
5 |
| HILLVIEW GREEN |
999 yrs from 19/05/1883 |
1998 |
$741,340 |
56.7% |
5.3 |
5 |
| RIVERPARC RESIDENCE |
99 yrs from 27/12/2010 |
2014 |
$547,400 |
56.3% |
3.9 |
10 |
| ONE AMBER |
Freehold |
2010 |
$925,000 |
54.7% |
7.7 |
5 |
| KOVAN MELODY |
99 yrs from 20/01/2004 |
2006 |
$715,755 |
53.0% |
7.0 |
5 |
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