Are landed property prices in Singapore rising?

Landed property prices in Singapore are falling — the landed price index stood at 252.1 in Q1 2026, down 0.4% quarter-on-quarter and up 6.7% year-on-year, with a median transacted PSF of S$2,194. Data is sourced from URA's property transaction caveats via PropKaki's Singapore Landed Property Tracker.

Key landed property indicators — latest quarter

Landed price index — last 8 quarters

Why landed property is a separate market

Singapore's landed residential segment is structurally different from the non-landed market. Supply is permanently constrained — there is a finite amount of land zoned for landed housing, and the government does not release new landed residential land for private sale. Ownership is restricted to Singapore citizens (with limited exceptions), further narrowing the pool of buyers. These structural supply and demand constraints mean landed prices tend to be more volatile than non-landed on the way up and stickier on the way down.

Terrace, semi-detached, or bungalow — which appreciates most?

Historically, detached houses (bungalows) and Good Class Bungalows have shown the highest absolute price appreciation, driven by land scarcity and trophy-asset demand. Semi-detached houses sit in the middle tier. Terrace houses offer the lowest entry price and the highest liquidity among landed types, but land-to-floor ratios are compressed. PropKaki's landed tracker shows median PSF by sub-type — terrace, semi-detached, and detached — for a cleaner like-for-like comparison.