Comparisons

Condo vs Landed Property: Singapore Guide

Comparing condos and landed properties in Singapore — price gap, lifestyle, and investment returns.

Last updated: 29 April 2026

Overview

This guide evaluates the financial and lifestyle distinctions between condominiums and landed properties in Singapore using current market transaction data. The condominium market shows high liquidity in the mass-market segment, with Treasure at Tampines (D18) recording 1,963 transactions at an average of $1,435.08 psf. Price points for leasehold condominiums vary significantly by region, ranging from $1,435.08 psf in suburban districts to $2,208.561 psf in the Rest of Central Region (RCR).

Market Analysis

Data from major developments indicates a clear price premium for RCR locations, where Avenue South Residence (D3) averages $2,208.561 psf and Stirling Residences (D3) averages $2,140.122 psf. In contrast, District 19 projects such as Riverfront Residences and The Florence Residences offer lower entry points at $1,529.915 psf and $1,663.746 psf respectively. Transaction volumes are highest in the 99-year leasehold condo segment, with Normanton Park (D5) and Parc Clematis (D5) totaling 3,206 transactions. While landed properties offer greater land title ownership, the condo segment provides more accessible entry prices and higher transaction frequency for those prioritizing liquidity.

Featured Projects

ProjectDistrictMedian PSFTransactionsTenure
TREASURE AT TAMPINESD18 Tampines, Pasir Ris$1,435.081,96399 yrs lease commencing from 2018
NORMANTON PARKD05 Pasir Panjang, Clementi$1,816.4731,88299 yrs lease commencing from 2019
PARC CLEMATISD05 Pasir Panjang, Clementi$1,681.7261,32499 yrs lease commencing from 2019
THE FLORENCE RESIDENCESD19 Serangoon, Hougang$1,663.7461,23899 yrs lease commencing from 2018
JADESCAPED20 Bishan, Ang Mo Kio$1,779.55396399 yrs lease commencing from 2018
PARC ESTAD14 Geylang, Paya Lebar$1,889.0389099 yrs lease commencing from 2018
AFFINITY AT SERANGOOND19 Serangoon, Hougang$1,625.80584699 yrs lease commencing from 2018
AVENUE SOUTH RESIDENCED03 Queenstown, Tiong Bahru$2,208.56179699 yrs lease commencing from 2018
RIVERFRONT RESIDENCESD19 Serangoon, Hougang$1,529.91579299 yrs lease commencing from 2018
STIRLING RESIDENCESD03 Queenstown, Tiong Bahru$2,140.12274899 yrs lease commencing from 2017

Buyer Advice

Buyers should compare the price-per-square-foot across districts to determine value; for instance, District 18 offers a $773.481 psf discount compared to District 3. Those seeking high-volume projects for easier future exits should consider developments like Treasure at Tampines or Normanton Park, which both exceeded 1,800 transactions. It is essential to factor in the lease commencement dates, as many high-volume projects like JadeScape and Parc Esta have leases starting from 2018.

Frequently Asked Questions

What is the price difference between a condo in D3 and D18?
Based on recorded transactions, the price gap is significant; Avenue South Residence in D3 averages $2,208.561 psf, while Treasure at Tampines in D18 averages $1,435.08 psf. This represents a difference of approximately $773.481 per square foot between these two districts.
Which Singapore districts have the highest condo transaction volumes?
District 18 and District 5 show high activity levels, with Treasure at Tampines recording 1,963 transactions and Normanton Park recording 1,882 transactions. District 19 also shows high volume across multiple projects including The Florence Residences with 1,238 transactions.
How do 99-year leasehold condo prices compare in the current market?
Current data for 99-year leasehold projects with leases starting around 2018-2019 shows a range from $1,435.08 psf at Treasure at Tampines to $2,208.561 psf at Avenue South Residence. Most suburban and city-fringe projects in this category are transacting between $1,500 psf and $1,900 psf.
Is it better to buy a condo in D5 or D19 for investment?
District 5 projects like Normanton Park and Parc Clematis have higher average prices at $1,816.473 psf and $1,681.726 psf respectively. District 19 offers lower entry prices, with Riverfront Residences at $1,529.915 psf and Affinity at Serangoon at $1,625.805 psf.
What are the typical PSF prices for newer condos in Singapore?
For developments with leases commencing between 2017 and 2019, prices typically sit between $1,600 and $1,900 psf. Examples include JadeScape at $1,779.553 psf and Parc Esta at $1,889.03 psf, reflecting the current market standard for modern leasehold units.
How does the leasehold age affect condo pricing in different districts?
Projects with similar lease start dates show that location is a stronger price driver than age; for example, Stirling Residences (2017 lease) is priced at $2,140.122 psf, while Treasure at Tampines (2018 lease) is priced lower at $1,435.08 psf. Buyers pay a premium for specific districts regardless of the one-year difference in lease commencement.

This guide was generated with AI assistance using real transaction data. Verify all figures independently before making decisions.

Related Guides

HDB Resale vs BTO: Complete Comparison (2026)

Side-by-side comparison of HDB resale and BTO — prices, eligibility, waiting time, and grants.

Freehold vs Leasehold: Which Is Better?

Data-driven comparison of freehold and 99-year leasehold condos — price premium, appreciation, and financing.

Executive Condo vs Private Condo: Full Guide

EC vs private condo comparison covering eligibility, pricing, MOP, and resale value.

New Launch vs Resale Condo: Pros & Cons

Should you buy a new launch or resale condo? Price data, timeline, and financial comparison.