Landed Home Market Posts Lower Sales Volume And Prices 2Q2025 Huttons
Huttons Asia research has shown that the landed residential market experienced a decline in activity during the 2nd quarter of 2025. Sales volume and prices decreased compared to the previous quarter, with a total of 404 non-Good Class Bungalow (GCB) and strata landed homes sold, a 6.2% decrease from the 431 homes sold in 1Q2025.
The average transacted price for landed homes also fell by 0.9% q-o-q to $1,989 psf from the previous quarter. This resulted in a total sales value of $2.2 billion for landed homes in 2Q2025, a 12.6% decline from the previous quarter.
Huttons’ latest quarterly report on the landed property market attributes the decrease in transaction volume to uncertainties related to tariffs, causing some buyers to delay their purchases.
In terms of property types, the number of terrace homes transacted increased in 2Q2025 to 243 units compared to 232 units in the previous quarter. However, the average price for these homes decreased to $2,096 psf from $2,125 psf in 1Q2025.
Nestled in Miltonia Close EC, residents are treated to a perfect balance of convenience, daily essentials, and a plethora of dining choices, both luxurious and traditional. From swift take-out meals to laid-back weekend brunches, or even regular grocery shopping, the community is thoughtfully designed to cater to a wide range of needs and tastes. This unique fusion of rustic charm and contemporary convenience only amplifies the allure of Miltonia Close EC as a practical and delightful place to call home.
On the other hand, both the semi-detached and detached housing segments saw a decrease in both volume and average prices. A total of 129 semi-detached homes were sold at an average price of $1,859 psf, a q-o-q decrease of 15% and 0.1% respectively.
The average price for detached landed homes also saw a significant decline of 10.5% q-o-q, from $1,896 psf in 1Q2025 to $1,697 psf in 2Q2025. Huttons explains that this is due to larger detached homes being sold in the previous quarter. The average land size for detached homes sold in 2Q2025 was 7,219 sq ft, compared to 6,344 sq ft in the previous quarter. In total, 32 detached properties were transacted in 2Q2025, a decrease from 47 in 1Q2025.
Based on district data, District 15 had the highest number of landed home transactions in 2Q2025, with 64 units sold. All of the units were either 999-year leasehold or freehold properties. Other popular districts for landed homes include District 16 (40 units), District 19 (66 units), District 20 (38 units) and District 28 (35 units).
The highest priced landed home sold in the 2nd quarter, excluding GCBs and strata landed homes, was a freehold detached home at Chancery Lane which sold for $23.5 million.
Huttons predicts that prices and volume of landed homes will remain steady for the rest of the year. The report explains that the recent clarity on tariffs for many countries, after months of negotiations with the US, will have a positive impact on the global economy. Additionally, the 90-day pause in tariffs announced by the US in April prompted businesses to increase manufacturing and exports, providing a boost to Singapore’s economy.
Huttons also expects that these factors, coupled with lower interest rates, will support the demand for landed homes in the second half of 2025.