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Prestige landed properties remained resilient, with transaction value rising 19.3% YoY.<\/strong><\/p>\n The landed housing market<\/a> recorded 869 transactions worth a combined $5.4b in the first half of 2026, based on caveats lodged up to 7 June, according to PropNex Research.<\/p>\n This was lower than the 1,009 deals valued at $5.78b in the first half of 2025 and the 1,139 transactions worth $6.95b in the second half of last year.<\/p>\n PropNex attributed the slowdown partly to economic and geopolitical uncertainties, which may have prompted buyers to defer purchases. A gap between buyer and seller price expectations also contributed to weaker transaction activity.<\/p>\n Despite quieter sales, landed home prices remained firm. The URA private landed residential price index fell 0.4% QoQ in the first quarter of 2026 but was still 6.7% higher than a year earlier.<\/p>\n Average prices rose across Singapore\u2019s landed housing sub-markets in the second quarter, up to 7 June. Prices in the Core Central Region climbed 20.9% YoY to $2,546 per square foot on land, whilst those in the Rest of Central Region rose 6.4% to $2,299 psf. Prices in the Outside Central Region increased 9.1% to $1,909 psf.<\/p>\n Good Class Bungalow sales remained subdued, with 10 caveated transactions worth $304m recorded during the period. This compares with 18 deals valued at $634m in the second half of 2025.<\/p>\n However, the average GCB land rate increased to $2,121 psf from $2,048 psf in the previous half-year. The most expensive caveated transaction was a Nassim Road bungalow sold for $64.9m, setting a record land rate of $4,550 psf for caveated GCB deals.<\/p>\n The prestige landed segment, which covers non-GCB properties sold for more than $10m, was more resilient. It recorded 82 transactions worth nearly $1.2b, with sales value increasing 19.3% YoY.<\/p>\n PropNex expects the landed housing and GCB markets to remain stable in the second half of 2026. Limited supply, rising affluence, and Singapore\u2019s appeal as a safe-haven destination are expected to support demand, although buyers may remain selective amid economic uncertainty.<\/p>\n The property agency projects private landed home prices to grow by around 2% to 4% for the full year.<\/p>\n<\/p><\/div>\n Prestige landed properties remained resilient, with transaction value rising 19.3% YoY. The landed housing market recorded 869 transactions worth a combined $5.4b in the first…<\/p>\n","protected":false},"author":1,"featured_media":64613,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[2611],"tags":[],"class_list":["post-64612","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-headlines","wpcat-2611-id"],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/64612","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=64612"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/64612\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/64613"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=64612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=64612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=64612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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