There have been profitable resale transactions for condos above 20 years old in Singapore. For example, at Horizon Towers, which is more than 20 years old, all 12 resale transactions in 2025 were profitable, with gains ranging from about $118,000 to over $5.1 million for a penthouse unit. This shows that older condos in good locations can still achieve significant profits on resale. If you have a particular condo or district in mind, I can provide more tailored transaction data.
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