How is the landed market performing in Q1 2025?

In the first quarter of 2025, the landed property market in Singapore is showing signs of stability and continued growth. Here are some key points:

- The landed property segment has seen a rebound in interest and confidence, with the REA Landed Sale Price Index rising by 0.6% in Q1 2025, after a 0.1% dip in the previous quarter. This indicates renewed buyer interest in landed properties.

- The overall demand for landed properties remains robust, driven by factors such as limited supply, strong fundamentals, and consistent demand from affluent buyers. In 2024, landed property sales surged to 1,733 units, with transaction values increasing by 10.5% to $9.17 billion, setting a strong foundation for continued performance in 2025.

- Districts such as District 19 have emerged as hotspots for landed homes due to their established neighborhoods and proximity to amenities. This trend is expected to continue, with families seeking more space and privacy driving up demand for landed properties.

- The market is also supported by high-value transactions, particularly in the Good Class Bungalow (GCB) segment, which saw 21 caveated transactions in 2024, up from 18 in 2023. This segment continues to attract ultra-high-net-worth individuals.

Overall, the landed market in Q1 2025 is characterized by stable price growth, sustained demand, and a balanced market environment, positioning it for continued performance in the year ahead.