Property
Can You ACTUALLY Lose Money With Landed Property In Singapore? We Look At Data From 26 Years
By Stacked Homes  •  July 10, 2021
Today, the purchase of a $40 million Bin Tong Park Good Class Bungalow by Grab CEO Anthony Tan hit the headlines. This follows the purchase of a $36 million Good Class Bungalow (GCB) last week. It’s clear that larger properties – and in particular landed property – are in vogue this season. However, these high quantum properties are a small sliver of the Singapore private property market; and their performance is not well tracked (there really aren’t a lot of transactions to go by). Still, in this article, we’ll try to determine what sort of gains or losses you might expect from a landed property: A look at landed property prices in Q2 2021 Source: Square Foot Research Average landed property prices, across Singapore, now stand at $1,318 psf. The average for new sales is $1,431 psf, while resale units average $1,315 psf. Overall transaction volumes are among the highest we’ve seen in around eight years. The most recent peak in April 2021 saw 354 landed home transactions, a number that was only beaten way back in August 2012 (346 units):...
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By Stacked Homes
The Stacked Homes editorial began in February 2017 to provide the latest news and analysis on property in Singapore.
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