Singapore landed and commercial property combined cover the non-condo, non-HDB segment. Landed types include terrace, semi-detached, bungalow, GCB, and strata-landed cluster. Commercial includes strata office, retail, shophouses, and industrial. Combined market size: ~50,000 landed homes + 30,000 commercial units. ABSD applies to landed (residential); GST 9% applies to commercial. Yield: landed 1.5-3.0% gross; commercial 4.0-6.0% gross.
Landed property types
| Type | Site min | Typical price | Foreign buyer |
|---|---|---|---|
| Terrace (inter) | ~150 sqm | S$2.0-4M | LDAU approval required |
| Semi-Detached | ~200 sqm | S$4-7M | LDAU required |
| Bungalow | ≥400 sqm | S$5-12M | LDAU required |
| Good Class Bungalow (GCB) | ≥1,400 sqm | S$20M-100M+ | Restricted (39 areas) |
| Strata Landed (cluster) | — | S$1.8-5M | Free (private property) |
| Conservation shophouse | ~150 sqm (heritage) | S$5-25M | Free for commercial-zoned |
| Sentosa Cove landed | — | S$5-25M | Free |
Commercial property types
| Type | Typical price | Gross yield |
|---|---|---|
| Strata office | S$1.5-5M | 4-6% |
| Strata retail | S$1-3M | 4-6% |
| Shophouse (commercial-zoned) | S$5-25M | 3-5% |
| Industrial strata (B1, B2) | S$1-5M | 5-7% |
Landed vs commercial: key differences
- ABSD: Landed (residential) has ABSD; commercial does not
- GST: Commercial has 9% GST on purchase; landed/residential does not
- CPF: Allowed for landed (residential); not allowed for commercial
- Foreign buyers: Heavily restricted on landed (LDAU); free for commercial
- Property tax: Landed 4% owner-occupied; commercial 10% AV
Spokes in this cluster
- Terrace, Semi-D, Bungalow, GCB comparison
- Foreigners and landed
- Cheapest landed property
- Strata office vs commercial
- Shophouse investment guide
- Freehold vs 99-year landed
- Best landed districts
- Landed rental rates
- Commercial GST + ABSD rules
- Landed en-bloc potential
FAQ
Are landed properties always freehold?
Mostly. Sentosa Cove and some specific developments are 99-year leasehold.
Can I use CPF for commercial?
No. CPF housing usage is restricted to residential property.
Why do shophouses appreciate steadily?
Fixed heritage supply + rising demand for boutique commercial space.