Singapore’s landed property market picked up noticeably in the second quarter of 2026, with both transaction activity and prices strengthening after a quieter start to the year.
For homeowners, buyers and investors watching the landed segment, the latest numbers provide an interesting signal: demand for Singapore’s limited supply of landed homes remains resilient.
Landed Transactions Rise Nearly 16%
A total of 519 landed homes were transacted in 2Q 2026, representing an increase of 15.8% from the previous quarter and 15.6% compared with the same period a year ago.
The recovery in transaction volume suggests that buyers have returned to the market despite the substantial financial commitment required to purchase a landed property.
At the same time, landed residential prices increased 2.5% quarter-on-quarter, reversing the slight decline recorded in the first quarter. Compared with a year earlier, prices were approximately 7% higher.
The median landed home transaction price also rose by about 4% to $5.45 million.
Buyers Are Still Prepared to Pay for the Right Property
One particularly significant observation is that almost 60% of landed property transactions were priced at $5 million or above.
To me, this highlights an important characteristic of the landed market.
While buyers are naturally price-conscious, those looking for landed homes often understand that good properties in desirable locations are difficult to replace. Factors such as land size, frontage, condition, location, accessibility and redevelopment potential can therefore be just as important as the asking price.
Terrace and Semi-Detached Homes See Stronger Activity
Terrace and semi-detached homes recorded healthy improvements during the quarter.
Transaction volume for terrace houses increased 22.6% quarter-on-quarter, while semi-detached home transactions rose 16.3%.
The Outside Central Region (OCR) was particularly active, recording a 19.2% increase in overall landed transaction volume.
This may reflect buyers looking beyond traditional prime districts in search of larger homes, better value or locations that meet their family and lifestyle requirements.
Who Is Buying Singapore’s Landed Homes?
Another interesting trend is where landed buyers are coming from.
Approximately 91% of landed homebuyers had private residential addresses, while only around 8% had HDB addresses.
This suggests that much of the landed market is being driven by existing private homeowners — including those who may be upgrading from condominiums or moving from one landed property to another.
For homeowners considering selling, understanding this buyer profile can be important when deciding how a property should be positioned and marketed.
Why Landed Property Remains Unique in Singapore
Singapore’s landed housing market is fundamentally different from the condominium market.
New condominium supply can be introduced through future developments, but the availability of landed residential land is much more constrained.
That scarcity is one reason landed homes continue to attract buyers looking for more space, privacy and long-term ownership of land.
However, this does not mean every landed property will perform equally.
Two houses within the same neighbourhood can command very different prices depending on factors such as plot size and shape, frontage, orientation, renovation condition, road characteristics, redevelopment potential and exact location.
What Could Happen for the Rest of 2026?
Current projections point towards approximately 1,750 to 1,950 landed property transactions for 2026, with landed residential prices potentially increasing by around 5% to 7% for the year.
While market forecasts should never be treated as guarantees, the strong second-quarter performance indicates that demand remains healthy.
What Does This Mean for Buyers and Sellers?
For landed homeowners, the improvement in prices and transaction activity could present an opportunity to reassess the current market value of their property — particularly if they have owned it for many years.
For buyers, it is important not to look at price alone. A cheaper landed home may require substantial rebuilding or renovation, while a higher-priced property with a better plot, location or condition could ultimately offer greater value.
And for private-property owners thinking about moving into a landed home, the decision should form part of a wider property and financial plan rather than simply being viewed as the next upgrade.
Thinking of Your Next Property Move?
Every landed property is different, and so is every homeowner’s situation.
Whether you are considering selling your landed home, upgrading from a condominium, buying your first landed property or reviewing your property portfolio, understanding the numbers is only the starting point.
