Recent policy adjustments and rising property prices are set to boost activity in Singapore’s landed property market in 2027, with more homeowners expected to sell and purchase landed homes such as terraced, detached, and semi-detached houses.
Since late July 2026, a policy change has allowed private property owners to move into non-subsidised resale flats without the previously mandatory 15-month waiting period. This adjustment aims to facilitate retirees and other landed property owners looking to downsize into Housing Development Board (HDB) resale flats. The removal of this waiting period enables sellers to avoid temporary rental arrangements or living with relatives, offering greater convenience and potential cost savings during their transition.
However, other conditions remain in place. Owners must still dispose of their existing local or overseas properties within six months of completing the resale flat purchase. Additionally, those buying Build-To-Order flats, applying for Central Provident Fund housing grants, or securing HDB housing loans must observe a 30-month wait-out period.
The timing of these regulatory changes coincides with record-high prices in the landed property segment, which is seeing increased interest from sellers and buyers alike. Data from the Urban Redevelopment Authority shows the landed property price index reached a new peak in the second quarter of 2026, rising 7 percent year-on-year. This growth outstripped that of condominium units across all market segments, including prime central areas and suburban districts.
From January to August 2026, over half of the landed properties transacted—741 units—were sold for at least S$5 million, with 151 commanding prices above S$10 million. Median landed home prices increased 9.3 percent year-on-year during this period, from S$4.85 million to S$5.37 million.
Despite these elevated prices, demand remains robust. The second quarter of 2026 recorded 523 landed home sales, surpassing both the previous quarter and the same quarter a year earlier. Overall, 2025 saw the highest landed property transaction volume in four years, with 1,888 units sold. The resale market dominates, accounting for 94.1 percent of transactions in the first eight months of 2026.
Districts with the most resale landed home activity include District 19 (Serangoon Garden, Hougang, Punggol, Sengkang) with 205 units, followed by District 15 (Marine Parade and surrounding areas) with 161 units, and District 20 (Thomson, Sin Ming, Ang Mo Kio, Braddell, Bishan) with 107 units.
Boutique developers have also played an active role, acquiring older landed properties, demolishing them, and rebuilding new homes that sell for significantly higher prices. These developer-built homes appeal to buyers looking for turnkey solutions, avoiding the complexities of overseeing extensive renovations or dealing with multiple contractors and regulatory approvals.
New landed home launches remain limited but highly sought after. Prestigious developments such as Bukit Sembawang Estates’ Luxus Hills and Pollen Collection II offer modern features including rooftop solar panels, EV charging points, private glass-door lifts, and spacious living areas with multiple en-suite bedrooms. These amenities contribute to the premium pricing of new landed homes, whose median prices increased by 27.1 percent year-on-year to S$6.26 million in early 2026, outpacing the price growth of resale landed homes.
The market’s demand base comprises HDB upgraders, affluent families, and newly arrived wealthy residents. Adjustments to collective sale frameworks, including lowered consent thresholds for older developments, may further support successful en bloc sales, providing additional opportunities for owners to upgrade.
Together, these factors are expected to invigorate the landed property market in the coming year, offering expanded choices for both sellers and buyers.