Certainly! In Singapore, there are profitable resale condo transactions even for developments that are above 20 years old. In popular mature townships such as Clementi, Bukit Timah, Bishan, and Marine Parade, certain older condos have recorded profitable sales in recent years, despite their age.
These profits often arise due to factors such as good location (near MRT, schools, amenities), limited new supply in the vicinity, and en bloc potential. Examples of condos above 20 years old that have seen profitable transactions include Pandan Valley, Dover Parkview, The Bayshore, and Hillington Green.
If you are interested in a specific condo or area, let me know, and I can share details of recent profitable transactions for those properties.
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