Landed property prices in Pasir Panjang generally range from about S$1,800 to over S$2,500 per square foot, depending on property type, location, and land size. Recent transaction data indicates that in Pasir Panjang Gardens, the sale prices have ranged from S$1,836 to S$2,434 per square foot, with an average of around S$2,191 per square foot in the past year. The highest transacted unit for Pasir Panjang Gardens reached S$2,548 per square foot for a 1,640-square-foot unit in June 2024.
For specific listings:
- Terraced houses in areas like Jalan Mas Puteh and Chwee Chian View are being marketed at S$2,110 to S$2,522 per square foot, with land sizes ranging typically from about 1,700 to over 2,200 square feet.
- Larger corner terraces and detached homes in Pasir Panjang and South Buona Vista areas can have lower per-square-foot prices, such as S$1,236 per square foot for a 4,856-square-foot land plot, reflecting the economy of scale for bigger plots.
- For very large bungalow sites, prices can exceed $14 million for freehold land, or about $18 million for significant land plots along Pasir Panjang Road, though per-square-foot rates will depend on exact site size and attributes.
The price differences depend largely on proximity to MRT stations, land size, tenure (mostly freehold), and condition of the property. Properties nearer amenities and MRT stations or with larger land plots can command premium prices, but the price per square foot may decrease as land size increases. Rental yields for landed homes in Pasir Panjang are moderate, with typical yields around 1.8%.
In summary, expect to see landed home prices in Pasir Panjang predominantly in the S$2,000 to S$2,500 per square foot range for mid-sized terraces, while corner terraces and detached homes with larger land plots will have a wider range but can go as low as S$1,200 per square foot or above S$2,000 per square foot, depending on specific characteristics.
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