The resale condo market remained resilient in 2025, recording healthy sales activity compared with the previous year. Caution prevailed over the market throughout the first half of the year, with buyer sentiment tempered by economic uncertainties and sweeping US tariffs that unsettled global markets. Sales momentum started to picked up in the second half of the year, with easing interest rates and the upswing in the economy. In 2025, about 12,448 condo units changed hands in the resale market compared with the 12,368 resale condo units sold in 2024. Resale prices in 2025 continued to rise over the past year. The average price of resale non-landed private homes came in at $1,779 psf in 2025, up by 4.2% from $1,708 psf in 2023.

PropNex looked at the most profitable condominium projects and districts in the resale market in 2025, ranking the top 10 best-performing projects and districts according to their gross profits. First, some details about the methodology which entails a comparison of resales caveats. The gains garnered for the units were derived by matching the condo resale transactions in 2025 with their previous purchase prices according to caveats lodged. The average profit was then computed on a project basis or district basis.

City Centre and City Fringe condo projects dominate top 10 gainers list

In a ranking of the average profit, the top 10 projects in 2025 were made up of Rest of Central Region (RCR) and Core Central Region (CCR) projects - there were no Outside Central Region (OCR) projects that made the top 10 list (see Table 1).

The top 10 most profitable projects had average profits ranging from $1.57 million to $2.01 million. The projects on the list were mostly newer developments projects. Unsurprisingly, most of the projects that made the top 10 list are developments that have desirable locational or physical attributes, such as being in the city or city fringe (Leedon Residence, Parvis), next to a waterbody (Pebble Bay, The Sea View) or close to an MRT station (Regency Park, Maple Woods).

Table 1: Top 10 resale condo projects^ in terms of average gross profit*

The most profitable project, Regency Park, a city centre condominium project in River Valley (District 10), recorded 31 resale transactions in the year, achieving gains of $2 million in excess on average for each transaction. The project is conveniently located within walking distance to the Great World MRT station on the Thomson East Coast Line. It is also located within close proximity to Orchard Road Shopping Belt and Great World City.

Suburban condo projects dominate top 10 most popular projects

With new benchmark prices for new launches, buyers continued to dip into the resale market to purchase homes. In 2025, by ranking the projects in terms of resale volume, the top 10 transacted projects comprised a mixture of OCR and RCR projects (see Table 2). Many of these projects are almost brand new and are mostly in good physical condition - a plus for owner occupiers looking to move in quickly.

In terms of gains, these projects pale in comparison to the top 10 most profitable projects (in Table 1 above), since many of them were recently-built and have been bought at higher entry prices than the older projects. Also, most of them likely had relatively shorter holding periods, which offered a shorter runway for values to appreciate.

Table 2: Top 10 resale condo projects^ in terms of number of units transacted

The top-selling resale project was Treasure at Tampines - a mega-condominium development in the OCR, that was recently completed in 2023. The project shifted a whopping 169 units on the resale market in 2025. The resale units that were sold in 2025 enjoyed average gains of nearly $365,000 per transaction and average gains of 5.44% per year.

The second top selling project was Parc Esta, a fairly new project that was completed in 2022. The project in District 14 sold 127 units on the resale market in 2025, with average gains of over $468,000 or average annualised gains at 5.46% per year.

More suburban districts posting better gains in 2025

On a district level, the Central Region pulled in bigger gains in terms of profit quantum. By ranking of the gross profit, the top 10 districts comprised of projects around the island - of note, more suburban districts, D12 (Balestier, Toa Payoh), D26 (Upper Thomson) and D22 (Boon Lay, Jurong) made the top 10 rankings (see Table 3).

Table 3: Top 10 districts for resale condo transactions in 2025 by gross gains*

District 10 was the most profitable district in 2025, where a number of transactions fetched eye-watering gains. Projects located in prestigious neighbourhoods such as Ardmore Park and Balmoral had helped to boost the average profit in the district. In 2025, 692 homes in District 10 were sold on the resale market, with an average profit of nearly $925,000 per transaction.

Meanwhile, the second most profitable district was District 11 (Watten Estate, Novena) achieved over 324 resale condo transactions, with an average gross profit of more than $831,000 per transaction. A number of condominium projects in Novena have garnered decent gains - finding favour with buyers who like the city fringe location, and proximity to good schools.

Coming in at third place, District 26 (Upper Thomson, Springleaf), where 67 homes were transacted for an average profit of more than $813,000 per transaction. A number of condominium projects in the Lentor area have garnered decent gains due to the launch of several new projects in the Lentor Hill estate have helped to boost prices of resale projects in the vicinity.

In 2026, the Singapore real estate market is poised to pick up with the expected economic recovery and interest rate cuts. Together with the new supply completions in 2026 that will inject fresh units into the market, the resale condo segment is expected to stage a modest rebound. This will offer more buying opportunities in the resale market and will help to support pricing. Speak to PropNex's experienced property agents to find out the best buys in the resale market today.

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