Investments & Real Estate Advisory | Bachelor of Accountancy Empowering informed investment decisions through meticulous analysis, expert insights and personalized guidance
𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞 𝐋𝐚𝐧𝐝𝐞𝐝 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝟏𝐇𝟐𝟎𝟐𝟒 𝐚𝐧𝐝 𝐋𝐚𝐧𝐝𝐞𝐝 𝐒𝐡𝐨𝐰𝐜𝐚𝐬𝐞 The prices of Singapore’s landed residential properties are still rising, albeit at a more moderate pace of 4.5% in 1H2024 compared to 7% in the same period last year. It was reported that the total sales value of landed property transactions in 1H2024 grew 18.3% to $2.6 billion from the $2.2 billion recorded in 2H2023. Observations on the ground indicate continued interest in landed homes from private home upgraders, high net worth individuals and boutique developers. Having spoken to many private home upgraders, there is apparently a preference for new landed homes by boutique developers over old, landed homes due to the need for immediate occupation. Most buyers spoken to also do not wish to wait out the long period for reconstruction or complicated addition and alterations if they were to buy old houses in their original condition or with unsuited layout configurations. Some have also voiced their concerns about potential cost overruns during the construction or renovation process. Nonetheless, the allure of a refined lifestyle in a landed property, especially with a prestigious address, often proves hard to resist. Each land plot and unique house attributes is to be individually assessed for its value. Price comparison is often meaningless, especially in the high-end segment. At this half-year mark in 2024, I felt it is timely to share a compilation of landed homes that my team is marketing. From terraced houses below $5 million, to high-value bungalows above $15 million, we have something for every buyer profile. At the point of writing, we are actively working on bringing new exciting homes for sale and rental onto the market. Stay tuned! Thank you George Tan, Pamela Lai and Jocelyn Choong for the support and input for the showcase! To my esteemed agent partners and valued investors, please connect with me for more information or fix a viewing appointment. Prospective home sellers are welcome to find out how we can help to unlock the value of your home. 📲 91778871 #savillssg #singaporerealestate #landedproperty