PropNex Research has released its report on Singapore’s Good Class Bungalow (GCB) and Prestige Landed Homes market for the second half of 2025 (2H 2025), revealing a recovery in buyer sentiment. This resurgence is attributed to stabilised market conditions and easing mortgage rates, which have bolstered confidence among high-net-worth buyers.
The report highlights that 945 landed home transactions, valued at approximately S$5.7b, were recorded in 2H 2025, slightly trailing the 1,013 transactions worth nearly S$5.8b in the first half of the year. The GCB segment maintained steady sales, with 13 GCBs sold for a total of S$371m. The most notable transaction was a bungalow on Chee Hoon Avenue, sold for S$55m in August.
In the prestige landed homes category, defined as properties valued over $10 million, sales momentum increased. There were 83 transactions totalling over S$1.2b, marking a 20% rise in sales value compared to the first half of 2025.
Looking forward, the luxury landed homes market may see further growth due to favourable domestic loan rates following interest rate cuts by the US Federal Reserve. However, challenges remain due to economic uncertainties and potential trade tensions. Singapore’s reputation as a safe haven is expected to continue driving demand in 2026.
