Anyone looking at Landed?

[rlskyline]

The landed market seems to be heating up lately. Quite a couple of transactions closed around my area (D15) at high prices. Inventory looks to be reducing as well. Probably due to the lower mortgage rates spurring it on.

yeah very hot. the valuation of my landed since I bought in Apr 2025 has increased by $650k in 8 months.
perform better than bitcoin
all the rich getting richer?

 

[nautilus]

yeah very hot. the valuation of my landed since I bought in Apr 2025 has increased by $650k in 8 months.
perform better than bitcoin
all the rich getting richer?

Rather money is flowing more freely now. With QE this year, expect it to heat up even further.

 

[mikeeeey]

Is it a inter-terrace? it does seem like the going rate for brand new inter-terraces in d19 serangoon gardens/serangoon/kovan area is about 3k psf.

I even see a 1279 sqft inter terrace in d19 at Paya Lebar gardens being marketed for about 4K psf! Highly doubt it’ll sell at asking price but still, seems pricy.

Yes inter terrace

1279 at paya lebar gdns @ 4k psf is crazzzyyyyyyyy!!!!
that area like tai keng, tai seng area very narrow and 1279 is very small. Hard to exit in future. But nothing is impossible.

 

[krusher]

Is it easy to rent out d19 inter terrace?

 

[mikeeeey]

yeah very hot. the valuation of my landed since I bought in Apr 2025 has increased by $650k in 8 months.
perform better than bitcoin
all the rich getting richer?

Wah you huat big time.

am just wondering, at this rate its growing, what will be the buyers’ profile in 10-20 years down the road?

Cos it will be like what, 10mil for an inter terrace????

 

[limck]

Wah you huat big time.

am just wondering, at this rate its growing, what will be the buyers’ profile in 10-20 years down the road?

Cos it will be like what, 10mil for an inter terrace????

Haha. That’s what I’m thinking as well on whether there will be anyone being able to afford to buy a landed house in future with how the prices are going up. But prices for new built inter terraces are already at 6M to 7M already and are still being sold so there’s still plenty of rich Singaporeans around.

 

[mikeeeey]

Haha. That’s what I’m thinking as well on whether there will be anyone being able to afford to buy a landed house in future with how the prices are going up. But prices for new built inter terraces are already at 6M to 7M already and are still being sold so there’s still plenty of rich Singaporeans around.

Ya lo. And you raised they keyword “singaporean”

the market is even more niche, very small group of target market

 

[rlskyline]

Wah you huat big time.

am just wondering, at this rate its growing, what will be the buyers’ profile in 10-20 years down the road?

Cos it will be like what, 10mil for an inter terrace????

hmm I am just lucky but this rate of growth will make landed out of reach to more than 90% of the singaporeans.
we might become like HK of the past where landed is very rare and expensive?

 

[limck]

hmm I am just lucky but this rate of growth will make landed out of reach to more than 90% of the singaporeans.
we might become like HK of the past where landed is very rare and expensive?

The law states that landed houses except for those in Sentosa (not sure if any other areas) can only be purchased by a Singapore Citizen but PR and foreigners can also buy with approval.
However it does not say that the Singapore Citizen must be born and bred in SG if you get what I mean.

The price growth is actually quite scary. Back in early 2009, prices for old inter terraces were like 1M and below. In 2011, they were in low 1.xM. 2016 can find many for just under 2M. In 2025, most are asking for more then 3M already. So over the last 16 years, landed houses price have effectively tripled in value.

 

[rlskyline]

The law states that landed houses except for those in Sentosa (not sure if any other areas) can only be purchased by a Singapore Citizen but PR and foreigners can also buy with approval.
However it does not say that the Singapore Citizen must be born and bred in SG if you get what I mean.

The price growth is actually quite scary. Back in early 2009, prices for old inter terraces were like 1M and below. In 2011, they were in low 1.xM. 2016 can find many for just under 2M. In 2025, most are asking for more then 3M already. So over the last 16 years, landed houses price have effectively tripled in value.

yeah I get what u mean.
some of the GCBs at my parent's neighbourhood are bought by new citizens.
so everyone must grab as many freehold landed as u can.
hehe

 

[Celibrium]

URA flash estimates indicated a 3.5% increase in Q4 over Q3

Saw quite a few new developments in the works in D15 as well. one old detached house sold for $9M+ a few months back and now being developed into 2 semi-D. My guess is that each unit should be marketed at close to $10M each.

is the bungalow you're referring to the one at the corner next to a bus stop? (or rather, bus stand)

 

[xorionn]

Yes nowadays hard to find a good spot that is still affordable

 

[limck]

is the bungalow you're referring to the one at the corner next to a bus stop? (or rather, bus stand)

ya, that one with the stupid project signboard so huge that I think can see the details from 100m away.

 

[Celibrium]

ya, that one with the stupid project signboard so huge that I think can see the details from 100m away.

yeah man, i got a shock when i saw the size of the banner. quite scary that it was bought for over 9M though. you live in the area?

 

[zz......]

119 CASUARINA ROAD: single storey with land size 1528sqft sold for $2.1m in Mar 21, land rate at $1374/sqft

3 CASUARINA ROAD: single storey with land size 1501sqft sold for $2.25m in Nov21, land rate at $1499/sqft

99 CASUARINA ROAD: single storey with land size 1501sqftsold for $3.128m in Sep 25, land rate at $2085/sqft

the cost of just the land has increased by 50% in 5 years time, if you compare to single storey sold for rebuild in 2020 before covid it will be 60% increase.

I also notice new EC launch prices had been doubled from 2005 to 2015 then doubled again from 2015 to 2025, so I expect just the cost of the land for landed houses should be doubled in every 10 years, unless there is major recession causing a lot of retrenchment with fire sales of houses but I doubt gov now will allow that to happen as we didn't see that during both 08/09 GFC and covid time, they can always pump money into the job market to keep everyone employed.

 

[limck]

yeah man, i got a shock when i saw the size of the banner. quite scary that it was bought for over 9M though. you live in the area?

Not surprising that transacted price is at 9M.

The same developers bought house 11 at 8.7M and redeveloped into 1 pair of semi-D with each sold for just over 8M back in Aug 2025. The neighbouring house 9 was sold at 6M+ some years ago and also developed into 1 pair of semi-D each sold at around 7M IIRC. Further down the street was a detached which was sold for 10M+ or 11M and also being developed into 1 pair of semi-D being marketed at 11M each IIRC.

yeah, I stay nearby so do travel past that street quite often.

 

[sweetdreamsttj]

Not surprising that transacted price is at 9M.

The same developers bought house 11 at 8.7M and redeveloped into 1 pair of semi-D with each sold for just over 8M back in Aug 2025. The neighbouring house 9 was sold at 6M+ some years ago and also developed into 1 pair of semi-D each sold at around 7M IIRC. Further down the street was a detached which was sold for 10M+ or 11M and also being developed into 1 pair of semi-D being marketed at 11M each IIRC.

yeah, I stay nearby so do travel past that street quite often.

Right now opera estate is heating up. alot of newly built semi or corner sold for very high prices. just see the caveat in a few weeks time should show. alot of opportunities there also. very run down unit are not very expensive but if u able to rebuilt it nicely and sell, the margin is good.

 

[jjlin1972]

Just exercised option for a 999 property in serangoon gardens, any experts here know if it's easy to rent out? How is gardens landed market generally over the years?

 

[rlskyline]

Just exercised option for a 999 property in serangoon gardens, any experts here know if it's easy to rent out? How is gardens landed market generally over the years?

congrats. huat huat to u. your second landed?

 

[jjlin1972]

congrats. huat huat to u. your second landed?

huat to all here for 2026.

first landed.. significantly downsized own-stay condo and combined with spare funds to fund the entry level IT. very new to all of this