In Singapore, the highest volume of landed property transactions often falls within a specific price range that balances affordability with the luxury and exclusivity of landed living.
General Price Ranges
- Terraced Houses: These typically range from around $2 million to $6 million or more, depending on the location, land size, and built-up area. For example, in District 5, terraced houses can be priced around $3,000 to $3,500 per square foot, resulting in total prices of $5 million to $7 million or more.
- Semi-Detached Houses: These properties usually range from $3 million to over $10 million. In areas like District 5, semi-detached houses can be priced around $1,300 to $1,900 per square foot, leading to total prices of $4 million to $8 million or more.
- Detached Houses (Bungalows): These are generally the most expensive, with prices often exceeding $10 million. For instance, a bungalow in District 5 could be priced around $1,500 to $2,300 per square foot, resulting in total prices of $10 million to $20 million or more.
Most Transacted Range
The most transacted price range for landed properties in Singapore tends to be between $2 million to $6 million. This range is attractive because it offers a balance between the exclusivity of landed living and relative affordability compared to higher-end properties.
- District 10 and District 9, known for their high-end landed properties, also see significant transactions in the $3 million to $10 million range. However, these districts are more on the luxury end of the spectrum.
In summary, while prices can vary widely, the $2 million to $6 million range is a sweet spot for many buyers and sellers of landed properties in Singapore.
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