Singapore’s Landed Home Market Booms to Four-Year High: What It Means for Buyers and Prices in 2026
In a significant upward trajectory, Singapore’s landed home market has recorded its highest annual sales volume since 2021. Last year (2025), a total of 1,852 landed properties changed hands, showing an increase of 11.2% compared to 2024. This surge indicates a robust demand, reigniting interest in this segment of the housing market.
Significant Growth in Landed Home Sales
The substantial rise in sales volume was accompanied by an impressive 7.6% increase in the landed property price index throughout 2025. Experts from ERA Singapore suggest that if the current momentum persists, we can expect a price growth ranging from 5-7% in 2026. This is a crucial statistic for potential home buyers and investors, highlighting a bullish outlook for the landed property market.
Shifts in Buyer Profiles
One notable trend is the declining percentage of Housing & Development Board (HDB) owners transitioning to landed properties. In 2025, only 11% of landed home buyers previously owned HDB units, a drop from 14% in 2024 and 16% in 2023. This shift could be attributed to elevated price points or a change in investment strategies among public housing dwellers.
However, the increase in non-landed home prices has facilitated this transition for some, enabling condo owners to upgrade to landed houses. The favorable resale market conditions for condominiums are providing these homeowners with better financial leverage to invest in landed properties.
Dynamics within Various Regions
Region-wise distribution of transactions and price movements have been uneven:
- The Rest of Central Region (RCR) and Outside Central Region (OCR) saw an increase in transaction volumes, driven by relatively lower prices that attract middle-income buyers seeking upgraded living spaces.
- Contrarily, the Core Central Region (CCR) experienced a fall by 30.6% in the number of transactions during the last quarter of 2025. High prices and mismatched price expectations between buyers and sellers contributed to this slowdown.
Market Predictions for 2026
Looking ahead into 2026, ERA anticipates that the landed property market could see between 1,750 and 1,950 transactions, with prices expected to increase further by 5-7%. This forecast is buoyed by strong underlying demand and the gradual economic recovery from global disturbances.
Landed homes, particularly terraces in the OCR, remain a significant draw. Notably, over 57% of transactions in this area last quarter involved terraced houses, with median prices roughly at $4.22 million, slight depreciation from the prior quarter’s $4.35 million.
Conclusion: What This Means for Potential Buyers
For potential buyers, the landscape of Singapore’s landed property market offers both challenges and opportunities. Rising prices indicate a healthy market but necessitate quick and informed decisions. Buyers are encouraged to monitor trends closely, utilize financial planning wisely, and perhaps most importantly, remain flexible and cognizant of shifting market dynamics.
