For digest readers, the four numbers that matter for Singapore landed market in 2022 05 are: (a) transacted volume relative to trailing-12-month averages, (b) median PSF for the comparable-quality sample, (c) gross rental yield (where applicable), and (d) the segment-mix composition that influenced the headline aggregate. Cross-reference the chart in this digest against URA REALIS for verified caveat-level detail, and against the URA Property Price Index for the quarterly cycle-level benchmark.
The landed market activity reading for Singapore landed market reflects the interplay between (1) the policy environment (IRAS ABSD rates for buyer-side cooling, IRAS BSD rates for the standard upfront stamp), (2) the financing cost environment (MAS SORA dashboard for the floating-rate benchmark plus typical 0.6–0.85% bank spread = ~4.0% all-in), and (3) the MAS TDSR / cooling measures explainer that caps debt-servicing at 55% of gross income. Each of these levers can shift period-to-period readings independently.
The 2022 05 landed market report digest for Singapore landed market sits within a defined cycle context. The Singapore landed market spans ~73,000 units constrained by LDAU foreign-buyer restrictions. This digest reads the period’s data alongside the structural framework set by Singapore’s post-April-2023 cooling-measure regime — foreigner ABSD at 60%, Singapore Citizen second-property ABSD at 20%, 3M SORA in the 3.0–3.5% band — that shapes how the raw figures translate into actionable buyer or seller decisions (as of 2022-05).
- Landed sales volume: 234 transactions in May 2022
- Average PSF: $1,533 psf (↑ 1.6% MoM)
- Average price: $5,148,609
- Year-on-year PSF: ↑ 7.4%
Overview
The Singapore landed property market recorded 234 transactions in May 2022 at an average PSF of $1,533 psf and average price of $5,148,609.
Type Breakdown
Breakdown of landed transactions by property type in May 2022.
| Type | Volume | Avg PSF | Avg Price |
|---|---|---|---|
| Terrace | 83 | $1,850 psf | $3,861,349 |
| Semi-Detached | 80 | $1,658 psf | $5,969,074 |
| Detached | 29 | $1,196 psf | $8,986,034 |
| Terrace | 24 | $965 psf | $2,854,550 |
| Semi-Detached | 15 | $787 psf | $4,201,500 |
| Detached | 3 | $971 psf | $4,876,667 |
District Highlights
Top 5 districts by landed transaction volume in May 2022.
| District | Volume | Avg PSF | Avg Price |
|---|---|---|---|
| D19 (Punggol, Hougang, Serangoon Gardens) | 41 | $1,309 psf | $4,966,363 |
| D15 (Joo Chiat, Amber Road, Katong) | 33 | $1,857 psf | $5,761,572 |
| D16 (Bedok, Upper East Coast, Eastwood, Kew Drive) | 25 | $1,140 psf | $3,564,400 |
| D10 (Ardmore, Bukit Timah, Holland Road, Tanglin) | 24 | $1,861 psf | $7,784,958 |
| D11 (Watten Estate, Novena, Thomson) | 19 | $1,736 psf | $7,659,316 |
Notable Transactions
The highest-value landed transactions in May 2022.
| Street | Type | Price | PSF | District |
|---|---|---|---|---|
| PARK VALE | Detached | $23,800,000 | $1,818 psf | D11 |
| JOO CHIAT ROAD | Detached | $22,000,000 | $2,223 psf | D15 |
| JALAN HARUM | Detached | $18,180,000 | $2,106 psf | D10 |
| KINGSMEAD ROAD | Detached | $14,735,000 | $2,183 psf | D10 |
| GREENDALE AVENUE | Detached | $13,000,000 | $1,272 psf | D11 |
The 2022 05 period’s landed market activity for Singapore landed market reflects specific micro-level drivers. Within the aggregate figure, individual sub-segments (different unit types, floor bands, tenure types) typically move at different rates — the period’s ‘top movers’ are units or sub-cohorts whose performance deviated meaningfully from the mean. For investors and sellers, identifying these movers is more useful than the headline average because the mean smooths out the dispersion that creates actual buying or selling opportunities.
Typical top-mover categories in any digest period include: (a) freehold units in 99-year-dominated districts that command a meaningful tenure premium, (b) high-floor units in projects with strong views or panoramic orientation (5–15% PSF premium vs low-floor in same project), (c) recently-renovated stock that commands ~5–10% premium over comparable un-renovated transacted PSF, and (d) units close to recently-opened MRT lines or new developments that create proximity-premium uplift. For Singapore landed market in 2022 05, the dispersion across these categories is the more informative reading than the headline median. Use landed prices map for cross-reference.
Conversely, soft-mover categories typically include 99-year leasehold stock approaching financing-window thresholds (lease <30 years), units with unfavourable orientation or noise exposure, and developments where MCST management quality has degraded. Cross-reference URA REALIS for the per-project caveats and assess which projects in Singapore landed market fall into which category.
The embedded chart for this landed market report digest of Singapore landed market in 2022 05 visualises the landed market activity trajectory. The two readings to focus on are (1) the absolute level versus the trailing-12-month mean, and (2) the direction of change across the most recent 3–4 periods. A single-period spike or trough is rarely informative; sustained directional movement across multiple periods signals a structural shift worth acting on.
For comparative context, place Singapore landed market’s 2022 05 reading against (a) the corresponding national-level URA Property Price Index figure for the segment, and (b) the equivalent reading in adjacent districts or towns. The relative positioning — whether Singapore landed market is leading or lagging the national segment — informs whether the period’s reading is geography-specific or part of a broader cycle move. Use landed stamp duty calculator for district-level visual comparison and landed-vs-condo calculator for direct numeric benchmarking.
Looking ahead from 2022 05, the forward variables for Singapore landed market landed market activity are (a) the URA Government Land Sales pipeline within a 1km radius, which determines new-supply pressure, (b) the SORA trajectory over the next 2–4 quarters, which shapes mortgage-driven affordability, and (c) any local infrastructure changes (new MRT stations, school openings, redevelopment of neighbouring plots) that could shift relative attractiveness. Track these via URA REALIS and the MAS SORA dashboard (as of 2022-05).
FAQ
How many landed property transactions were recorded in May 2022?
Which landed property type had the most transactions in May 2022?
What types are considered landed properties?
What does the 2022 05 landed market report reading for Singapore landed market indicate?
The reading is a snapshot of transacted activity in 2022 05 for Singapore landed market on the landed market activity dimension. Single-period readings are most informative when read against trailing-12-month and same-period-prior-year benchmarks. Pull verified caveats from URA REALIS for transaction-level detail (as of 2022-05).
How was this landed market activity figure computed?
The figure is derived from URA REALIS caveats for Singapore landed market filed during 2022 05. landed market activity computations follow standard methodologies: gross yield = annual rent / purchase price for the same unit cohort; transacted PSF = price / floor area; volume = caveat count for the segment. For HDB digests the equivalent source is the HDB resale portal.
How does this period compare to the same period a year ago?
Year-over-year comparison strips out seasonality. The most informative read is whether 2022 05’s landed market activity reading is materially above or below the equivalent period one year earlier, controlling for the broader Singapore property cycle. Use the URA Property Price Index for cycle-level context.
What policy environment shaped this reading?
The reading sits within the post-April-2023 cooling-measure regime: foreigner ABSD 60%, SC second-property ABSD 20%, TDSR 55% per the MAS TDSR / cooling measures explainer. SORA-linked mortgage rates near 4.0% effective shape the affordability ceiling. These structural variables affect demand-side composition across all digest periods since 2023.
Should I act on this digest?
Honest answer: depends on holding horizon and buyer profile. For owner-occupiers with 10+ year horizons, single-period digest readings rarely trigger action. For sellers or short-horizon investors, sustained directional moves across 3–4 periods may indicate timing windows. Cross-reference your specific buyer profile via the IRAS BSD rates and CPF home ownership rules alongside the digest data.
Where can I find more landed market report data for Singapore landed market?
The authoritative source is URA REALIS for private residential, HDB resale portal for HDB. ShiokNest aggregates this data into per-geography, per-period, and per-segment views with chart visualisations and trend analysis.
Methodology & Sources
The dataset behind this report spans May 2022; we refresh it every month.
Transaction data sourced from URA REALIS.
- Transaction data from URA REALIS.
- Landed types: Terrace, Semi-Detached, Detached (including Strata equivalents).
Price-per-square-foot (PSF) here means the median deal in the period; means are reserved for volume-weighted aggregates explicitly labelled as such.