Landed Property Market Report — February 2025

Landed Market Report Updated 7 min read Last reviewed

For digest readers, the four numbers that matter for Singapore landed market in 2025 02 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 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 2025 02 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 2025-02).

TL;DR
Landed property market report for February 2025. 205 transactions at avg PSF $1,936 psf.
Key Takeaways
  • Landed sales volume: 205 transactions in February 2025
  • Average PSF: $1,936 psf (↑ 1.3% MoM)
  • Average price: $5,797,049
  • Year-on-year PSF: ↑ 12.4%
Data as of August 2026

Overview

The Singapore landed property market recorded 205 transactions in February 2025 at an average PSF of $1,936 psf and average price of $5,797,049.

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Month-over-Month
Landed PSF moved ↑ 1.3% compared to January 2025.

Type Breakdown

Breakdown of landed transactions by property type in February 2025.

Landed type breakdown — February 2025
TypeVolumeAvg PSFAvg Price
Terrace102$2,124 psf$4,290,438
Semi-Detached64$1,892 psf$6,382,667
Detached25$1,690 psf$11,606,147
Terrace10$1,137 psf$3,274,600
Semi-Detached4$1,384 psf$4,845,000

District Highlights

Top 5 districts by landed transaction volume in February 2025.

Top districts by landed volume — February 2025
DistrictVolumeAvg PSFAvg Price
D19 (Punggol, Hougang, Serangoon Gardens)35$1,809 psf$4,782,536
D28 (Seletar)24$1,786 psf$4,408,208
D16 (Bedok, Upper East Coast, Eastwood, Kew Drive)21$1,592 psf$4,780,952
D13 (Macpherson, Braddell)15$2,385 psf$5,094,518
D14 (Geylang, Eunos)15$2,017 psf$5,171,333
🧮Explore what you can afford — try the Affordability Calculator

Notable Transactions

The highest-value landed transactions in February 2025.

Notable landed transactions — February 2025
StreetTypePricePSFDistrict
HOLLAND GROVE DRIVEDetached$24,725,000$2,510 psfD10
TAN SIM BOH ROADDetached$20,000,000$2,139 psfD11
TAN SIM BOH ROADDetached$20,000,000$2,139 psfD11
TAN SIM BOH ROADDetached$20,000,000$2,139 psfD11
JALAN ARNAPSemi-Detached$16,842,000$3,000 psfD10

The 2025 02 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 2025 02, 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 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 2025 02 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 2025 02 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 2025 02, 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 and the MAS SORA dashboard (as of 2025-02).

FAQ

How many landed property transactions were recorded in February 2025?
There were 205 landed property transactions in February 2025, at an average PSF of $1,936 psf.
Which landed property type had the most transactions in February 2025?
Terrace properties had the highest transaction volume among landed types in February 2025.
What types are considered landed properties?
Landed properties include Terrace, Semi-Detached, and Detached houses, as well as their Strata equivalents.
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 2025 02’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.

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Methodology & Sources

Figures below are drawn from February 2025 and revised every month.

Transaction data sourced from URA.

  • Transaction data from URA.
  • Landed types: Terrace, Semi-Detached, Detached (including Strata equivalents).

We report medians (not means) so a single outlier transaction cannot skew district-level figures. PSF = price per square foot.