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Should you buy completed or uncompleted condos?

MemberKey figures

Completed condos often traded below uncompleted ones; new launches cost far more than resales

MemberKey figures

Completed condos often traded below uncompleted ones; new launches cost far more than resales

URA indices 1998 Q4 to 2013 Q1; median psf from URA transaction records, 2021 Q4 to 2026 Q3

CSV download: members

Completed condos often traded below uncompleted ones; new launches cost far more than resalesURA indices 1998 Q4 to 2013 Q1; median psf from URA transaction records, 2021 Q4 to 2026 Q3Widest gap below: 13.9%. 2009 Q3, completed lowerWidest gap belowWidest gap below: 13.9%. 2009 Q3, completed lower13.9%2009 Q3, completed lowerQuarters completed lower: 32 of 58. average gap 2.6% belowQuarters completed lowerQuarters completed lower: 32 of 58. average gap 2.6% below32 of 58average gap 2.6% belowPeak new-sale premium: 84.8%. 2022 Q4; new over resalePeak new-sale premiumPeak new-sale premium: 84.8%. 2022 Q4; new over resale84.8%2022 Q4; new over resaleMembers

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Source: URA condominium price indices (archive data series); medians computed from URA transaction records. Computed from the index series and from psf_sale_type_nonlanded (new-sale median over resale median). The average gap in tile 2 is typed.. Preview only: the full chart, table and CSV are for members. Preview of the first part (to 2026 Q3). The full chart, table and CSV are for members.

Licence: amber class. Medians and counts only: no unit-level data.

Topic
Should you buy completed or uncompleted condos?
Segment
Condos and apartments
Chart type
Key figures
Access
Member chart: others see part of the history.CSV download is for members.

Should you buy completed or uncompleted condos?

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