To many, owning a landed property is a sure sign you’ve ‘made it’ in Singapore. A house is the ultimate status symbol, with the wealthiest residents living in huge, multi-storey compounds with sprawling gardens.
According to our Singapore Property Market Index Report Q3 2022, non-landed and landed private properties saw asking prices increase by 4.78% and 3.53%, respectively, climbing for nine and 10 straight quarters. Landed property prices rose 13.3%, exceeding the rise of 10.6% in overall private home prices in 2021 as well.
The increase in demand for bigger homes brought about by the enduring work from home arrangements and record-high transaction volumes of Good Class Bungalows (GCBs) likely contributed to the reasons why landed property prices are on the uptick.
There is no question that you must be, at the very least, a millionaire to buy landed property in Singapore. However, owning landed property is not necessarily out of reach for those who do not have family wealth to inherit. There are actually plenty of relatively affordable landed homes with prices comparable to condos, even in light of rising prices.
Related article: Million-Dollar HDB Resale Flat vs a Condo in Singapore: Which Is Worth Buying? (2022)
For those looking for the cheapest landed property in Singapore, here is a list of the four affordable landed properties listed on PropertyGuru that costs $2 million and below.
Disclaimer: This list includes land-titled residential landed property, as well as cluster houses (strata landed housing) which are typically more affordable and within our stipulated budget for this article.
List of Cheapest Landed Property in Singapore
| Cheapest landed property in Singapore | Starting price |
| Loyang Villas | From $1,980,000 |
| The Springfield | From $1,950,000 |
| Loyang Court | From $1,588,888 |
| Kew Residencia | From $2,000,000 |
If the offerings on this list do not satisfy you, browse all landed properties for sale on PropertyGuru. Alternatively, if you would rather spend $2 million on a condo unit, check out all condo units for sale on PropertyGuru.
1. Loyang Villas: From $1,980,000
Loyang Villas is a terrace house project located along Loyang Rise, about 12 minutes’ walk from Pasir Ris MRT station. Upcoming station Loyang on the future Cross-Island Line will open in 2030 about 14 minutes’ walk away. Furthermore, The Cross Island Line (CRL) next two phases could include 11 new stations serving Bukit Timah, Clementi, and West Coast before terminating in Tuas. The property also enjoys proximity to various business parks in the East such as Changi Business Park and Loyang Industrial Park.
Loyang Villas has plenty to offer nature lovers thanks to an abundance of the surrounding greenery and the resident estate park. Families with children will also appreciate the presence of nearby schools like Dunman Secondary School and Tampines Junior College.
Related article: 8 Benefits of Living Near Nature
About Loyang Villas
- District: 17
- Price: $1,980,000 to $3,000,000
- Area: 1,615 to 2,899 sq ft
- Housing type: Terrace
- Tenure: 99-year leasehold
- Year of Completion: 1997
Nearby Amenities to Loyang Villas
- Loyang Point
- White Sands Mall
- Tampines Mall
- Tampines Leisure Park
- Nautical Park @ Pasir Ris
- Tampines Mart
Landed Property Singapore: Loyang Villas Landed Property Prices
Here are the recent transactions from the past three months:
| Type of Loyang Villas property | Transaction prices in the last three months |
| 4 beds | $1,830,000 to $2,510,000 |
| 5 beds | $2,650,000* |
| 6 beds | $1,970,000 to $2,220,000 |
*Only one transaction was recorded in the past 3 months.
Browse available landed property for sale at Loyang Villas on PropertyGuru.
2. The Springfield: From $1,950,000
Located in District 16 at Chempaka Kuning Link, The Springfield is a 99-year leasehold landed terraced house development project. Despite its rather far-flung location, The Springfield enjoys a quiet and serene neighbourhood. Furthermore, the famous Simpang Bedok hawker centre is just four minutes’ walk away.
Regarding connectivity, The Springfield’s closest MRT station is Tanah Merah which lies on the East-West Line (EWL). The MRT station is about 15 minutes’ away and allows residents easy access to Changi Airport which is just one stop away.
The Springfield residents enjoy the use of condominium facilities such as swimming pools, a gym and barbecue pits. They can also take in the picturesque view of the river just in front of the neighbourhood.
About The Springfield
- District: 16
- Price: $1,950,000 to $2,588,000
- Area: 2,335 to 2,540 sq ft
- Housing type: Terrace
- Tenure: 99-year leasehold
- Year of Completion: 1999
Nearby Amenities to The Springfield
- Simpang Bedok
- Bedok Ria Park
- Changi General Hospital
- Bedok Public Library
Landed Property Singapore: The Springfield Landed Property Prices
Here are the recent transactions from the past three months:
| Type of The Springfield property | Transaction prices in the last three months |
| 4 beds | $2,000,000 to $2,500,000 |
Browse available landed property for sale at The Springfield on PropertyGuru.
Related article: HDB to EC, Condo, or Landed Property: How Much Must You Save to Upgrade in Singapore (2022)
Also, looking for a home loan? Compare the best mortgage rates on PropertyGuru Finance, or contact us for more personalised advice and recommendations:
3. Loyang Court: From $1,588,888
Located at Jalan Loyang Besar near Changi Airport in District 17, Loyang Court is a 99-year leasehold gated terrace house project built in 1997 and consisting of 12 units. The nearest MRT station, Pasir Ris, is located about 20 minutes’ walk away.
The property is ideal for those who wish to take advantage of the many outdoor and recreational amenities in the Pasir Ris area. It is just 100 metres away from the beach and also within walking distance of Downtown East, which is home to rock climbing walls, Wild Wild Wet water park, a cinema, an indoor roller skating rink and more.
About Loyang Court
- District: 17
- Price: $1,588,888 to $1,650,000
- Area: 1,916 sq ft
- Housing type: Terrace
- Tenure: 99-year leasehold
- Year of Completion: 1997
Nearby Amenities to Loyang Court
- Downtown East
- Pasir Ris Park
- White Sands Shopping Mall
- ActiveSG Pasir Ris Sports Centre
- Pasir Ris Town Park
- Loyang Point
Landed Property Singapore: Loyang Court Landed Property Prices
No Loyang Court properties have been transacted in the last three months. So, here are the last transacted prices for the different property types in Loyang Court:
| Type of Loyang Court property | Last transacted price |
| 5 beds | $1,480,000* |
| 6 beds | $1,320,000 (November 2021) |
*Only one transaction was recorded in the past 3 months.
Browse available landed property for sale at Loyang Court on PropertyGuru.
4. Kew Residencia: From $2,000,000
Built in 1997, Kew Residencia is a landed property development that was designed to mimic a resort. Leveraging on the plot’s proximity to East Coast Park, the developer Far East Organization developed Kew Residencia into a resort-like development where residents can wake up to the sea, sand and sun daily.
Related article: 9 Waterfront Condos with Sea Views in East Coast, Harbourfront and More
Just like Springhill, Kew Residencia is a cluster housing project that features condo-like facilities within a landed property development. Residents can enjoy the two pools, fitness gym and more.
Location-wise, there are numerous eateries nearby. Kew Residencia’s location is also linked to the city centre via PIE and ECP. The close station is Tanah Merah MRT station on the East-West line.
About Kew Residencia
- District: 16
- Price: $2,000,000 to $2,400,000
- Area: 2,142 to 2,971 sq ft
- Housing type: Terrace
- Tenure: 99-year leasehold
- Year of Completion: 1997
Nearby Amenities to Kew Residencia
- Siglap East Community Farm
- Bedok Food Centre
- Changi General Hospital
- Bedok Mall
- Bedok Point
- Tanah Merah MRT
- Eastwood Centre
- Temasek Primary School
- Temasek Secondary School
Landed Property Singapore: Kew Residencia Landed Property Prices
There aren’t any recent transactions for Kew Residencia properties in the last three months. The last transacted prices for the different property types in Kew Residencia are as follows:
| Type of Kew Residencia property | Last transacted price |
| 3 beds | $1,400,000 (June 2021) |
| 4 beds | $1,640,000 (May 2021) |
| 5 beds | $2,120,000 (November 2021) |
Browse available landed property for sale at Kew Residencia on PropertyGuru.
Cheapest Landed Property in Singapore: Why Are These Landed Properties So Cheap?
And there you have it, although prices for landed properties have been increasing, here is actual proof that it is possible to find cheap landed properties in Singapore! You must be thinking: something’s definitely got to give, especially when you’re on such a tight budget, right? That’s true to a certain extent, but they’re all pretty minor in our opinion.
Firstly, you’ll notice that these landed homes are all terrace houses, which is the smallest type of landed property. While this may matter to some in terms of “face”, if you’re talking about practicality, it’s more than enough living space for even a three-generation family.
Secondly, these landed homes are 99-year leasehold properties. That’s unsurprising, as freehold (and 999-year) properties that are this spacious usually cost way more. That said, it’s not impossible to find freehold or 999-year leasehold units at this price point if you only look hard enough.
Related article: Freehold vs Leasehold Condos In Singapore – Which Is Better?
Lastly, the more affordable landed properties are usually located in the Outside Central Region (OCR) and further away from the CBD and downtown areas. However, most of these featured properties are at least within minutes of an MRT station, which makes them reasonably accessible.
Buying Landed Property in Singapore
On a final note, when shopping for landed properties, be sure to look out for the remaining lease and condition of the home. While some landed home listings can be as cheap as under $1 million, they usually come with a catch. Usually, they either have only a few years left on the lease or are extremely rundown and require major (and very costly) renovations.
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