Demand for landed property in the central region

Demand for landed properties in the Central Region of Singapore, particularly in areas like the Core Central Region (CCR), is often influenced by several factors, including market sentiment, economic conditions, and government policies.

During the COVID-19 pandemic, despite global market uncertainties, the CCR continued to attract foreign buyers due to Singapore's reputation for handling the crisis effectively. However, the demand for landed properties specifically might be more nuanced.

Landed properties in central areas are generally scarce and highly sought after, which can maintain their demand even in challenging economic times. These properties are often preferred for their exclusivity, larger living spaces, and prime locations.

In recent times, while the overall private property market has seen price increases, with prices in the CCR growing by 4.3% year-on-year as of the fourth quarter of 2024, the demand for landed properties remains strong due to their limited supply and the desirability of living in central locations.

The high demand and limited supply of landed properties in central areas tend to keep prices resilient, even when the broader market experiences fluctuations. However, specific trends and prices can vary based on factors such as the exact location, property type, and current market conditions.