Nearly a third of the landed properties (valued at more than $10 million each) that sold during the first six months of this year were priced above $15 million. This figure excludes the sale of Good Class Bungalows (GCBs) that were registered in 1H2026.
According to a market report by PropNex Realty, 32.9% of the landed homes sold since January transacted for more than $15 million, and 2.4% of the total landed home sales (excluding GCB deals) were priced at more than $30 million.
The percentage of landed home sales worth more than $15 million has increased compared to the second half of 2025, which saw 25.5% of landed homes going for more than $15 million.
All told, PropNex reports that the landed housing market in 1H2026 was still fairly resilient. Excluding GCB sales, the landed market recorded 82 transactions that amounted to a total sales volume of nearly $1.2 billion, based on transactions up to June 7.
The value of landed home deals closed so far this year grew 19.3% y-o-y...