Singapore Landed Property Market Trends Terrace · Semi-Detached · Detached — Land Price, Total Price, Transactions & Tenure (2021–2026)

Landed property tells a very different story from condos: land cannot be manufactured, and that scarcity lifts both PSF and total price together.

From 2021 to 2026, average land PSF for landed homes rose from about $1,578 to $2,175, up +37.8% over five years (with only a brief pause after the 2023 cooling measures). Among the three types, Terraces command the highest land PSF ($2,337 in 2026), thanks to small, intensively used plots; Detached houses sit on the largest plots and carry lower unit land value, yet had caught up to $2,052 by 2026.

Unlike luxury condos — where units shrink and total prices slip — landed plot sizes have stayed steady over time (about 3,400–3,600 sqft on average), so rising land prices feed straight through to higher total prices: average transacted price climbed from $5.41M to $6.92M (+27.9%). Rigid land supply, with the government rarely releasing new landed plots, is the fundamental reason landed prices hold firm and resist downturns.

Landed property is not one market but three steps — Terrace, Semi-Detached and Detached — each with its own entry point, plot size and unit-price logic.

The Terrace is the entry point into landed living: about $4.08M on average on a roughly 2,158 sqft plot, yet with the highest land PSF ($1,989) — the land itself is the most "valuable" and the total-price threshold the lowest, making it the mainstay of owner-occupier demand. The Semi-Detached runs about $6.03M on a plot roughly twice the size. The Detached, at about $13.0M on around 7,680 sqft, is a top-tier collector's asset — and within it, the Good Class Bungalow (GCB) enclaves in the core region are the scarcest of the scarce.

Landed is a low-frequency, scarce market — only around two thousand transactions a year, the vast majority of them outside the central region.

Annual landed volume rose from 1,950 units in 2021 to 2,402 units in 2025 (dipping to 1,595 in 2023 under the cooling measures), a broadly gentle expansion. Terraces do the bulk of the volume, while Detached houses are few in number but high in price.

By region, the Outside Central Region (OCR) is the main battleground for landed property — about 67% of transactions at an average of roughly $4.82M, dominated by suburban Terraces. The Core Central Region (CCR) has little landed stock but sits at the very top: an average of around $12.0M with the highest land PSF, home to Singapore's scarcest GCB enclaves.

Landed property has two moats: it is almost entirely resale (no new-launch dilution) and predominantly freehold (owning the land in perpetuity).

Since 2021, about 95% of landed transactions have been resale, with very few new launches — the government seldom releases new landed plots, so supply is rigid. At the same time, about 85% are freehold or 999-year tenure, with only a handful on 99-year leasehold. Together these give landed property its scarcity and downside resilience versus condos. The table below distills these conclusions into an actionable guide.