Projections for landed properties in the central and east districts.

For the central and east districts of Singapore, here are some projections and trends for landed properties:

Central District

• The Core Central Region (CCR) is expected to see continued activity, although the focus is more on non-landed properties due to the scarcity and high value of landed homes in this area. However, any landed property transactions in the CCR are likely to be at premium prices due to the region's desirability and limited supply.
• Given the overall resilience of the high-end housing market, landed properties in the CCR that do come up for sale are anticipated to attract strong interest, albeit at potentially slower sales volumes due to their rarity and high prices.

East District

• In the East Region, which includes areas like the Rest of Central Region (RCR) and the Outside Central Region (OCR), landed property prices have shown a slower growth rate. For instance, landed home price growth slowed down to 1.8% in the second quarter of 2024, marking the third consecutive quarterly rise but at a decelerating pace.
• The market is expected to remain stable, with prices likely to be influenced by the overall economic conditions, including interest rates and buyer sentiment. However, the East Region tends to offer more affordable options for landed properties compared to the central areas, which could maintain a steady demand.

Overall, while the central district's landed market is characterized by its exclusivity and high prices, the east district is likely to see more activity in terms of affordability and availability of landed properties.