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Is a condo at 29 years old considered old?

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In the context of Singapore's real estate market, a condo that is 29 years old is considered to be in a mid-life stage. Many condos in Singapore start to be considered for en-bloc sales around the ages of 19 to 24 and continue to be viable candidates up to the ages of 25 to 39. At 29 years old, the condo is still within the age range where en-bloc sales are relatively common, especially given the increasing land scarcity and rising land prices in Singapore.
Condos in this age range often have undergone some level of aging and may require more maintenance or upgrades, but they are not yet at the stage where they are exceptionally rare or historically significant, which typically applies to condos over 40 years old.
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