The Cost of Landed Property in Singapore: An Ultimate Guide

Jan 3, 2024

Are you considering purchasing a landed property in Singapore? Look no further! SG Luxury Homes is your trusted partner in navigating the real estate market and finding the perfect property to meet your needs. As one of the leading real estate agents in Singapore, we pride ourselves on providing exceptional home services and comprehensive solutions for all your real estate needs.

Understanding the Landed Property Market in Singapore

Singapore's real estate market offers a diverse range of property options, including condominiums, HDB flats, and landed properties. Landed properties are highly sought after due to their exclusivity, privacy, and potential for capital appreciation.

When it comes to landed property, Singapore offers a variety of options, such as terrace houses, semi-detached houses, and bungalows. Each property type comes with its own unique features and price range.

The Cost of Landed Property in Singapore

The cost of landed property in Singapore varies depending on several factors such as location, size, condition, and amenities. It is important to consider your budget and specific requirements when exploring the market.

Terrace Houses: Terrace houses in Singapore are typically two or three-story homes connected in a row. They offer a good balance between affordability and space. Prices for terrace houses can range from SGD $2 million to over SGD $10 million, depending on the location and size of the property.

Semi-Detached Houses: Semi-detached houses are a popular choice for those seeking larger living spaces and more privacy. They are partially connected to neighboring properties and often come with a private garden or backyard. Prices for semi-detached houses start from SGD $3 million and can go up to SGD $20 million, depending on factors such as location and land area.

Bungalows: Bungalows offer the ultimate luxury and privacy. They are standalone houses with ample space and often come with features like swimming pools, gardens, and private driveways. Prices for bungalows in Singapore can range from SGD $5 million to well over SGD $50 million, depending on the location, size, and exclusivity of the property.

Factors Affecting the Cost of Landed Property

Several key factors contribute to the cost of landed property in Singapore. Understanding these factors will help you make an informed decision when it comes to your investment.

Location:

The location of a landed property plays a significant role in determining its price. Prime locations such as Districts 9, 10, and 11, which are near Orchard Road and prestigious schools, tend to command higher prices. On the other hand, properties in the outskirts or less developed areas may be more affordable.

Size:

The size of the landed property's land area and built-up area directly influences its price. Larger properties with more space and amenities will generally come with a higher price tag.

Condition:

The overall condition and age of the property will also impact its value. Newly renovated or well-maintained properties are usually priced higher, while older properties may require additional maintenance or renovations.

Amenities and Facilities:

The presence of amenities and facilities such as swimming pools, gyms, and 24-hour security can significantly increase the value of a landed property. Properties located within gated communities or with exclusive clubhouses tend to have higher price tags.

Why Choose SG Luxury Homes?

At SG Luxury Homes, we take pride in providing top-notch real estate services to our valued clients. With our extensive experience and in-depth knowledge of the market, we are able to offer unparalleled support and guidance throughout your property search.

Our team of dedicated real estate agents understands the unique needs and preferences of our clients. We work closely with you to identify the best options that align with your budget and requirements. Whether you are a first-time homebuyer or an experienced investor, we have the expertise to help you find the perfect landed property in Singapore.

Furthermore, our comprehensive home services include assistance with legal matters, property evaluations, and negotiations. We strive to ensure a smooth and hassle-free buying experience, allowing you to focus on your new property and its exciting potential.

Conclusion

When it comes to investing in landed property in Singapore, SG Luxury Homes is your go-to partner. We understand the intricacies of the market and the factors that influence property prices. Whether you are looking for a terrace house, semi-detached house, or luxurious bungalow, we have a wide range of options to suit your preferences.

Reach out to us today and let us help you embark on your journey to owning a prestigious and beautiful landed property in Singapore. Discover the perfect home that reflects your unique style and enjoy the many benefits that come with owning a piece of Singapore's thriving real estate market.