Comparisons

Condo vs Landed Property: Singapore Guide

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

Last updated: 3 October 2026

Overview

The Singapore residential market exhibits a significant price and volume variance between high-density condominiums and landed estates. Transaction data indicates that entry-level leasehold condominiums in District 18, such as Treasure at Tampines, trade at approximately $1,435.08 psf, while city-fringe developments in District 3 reach $2,208.56 psf. This guide compares these asset classes to assist buyers in navigating the price gap and investment potential of each property type.

Market Analysis

Market data from the top 10 transacted projects shows a price range between $1,435.08 psf and $2,208.56 psf. District 5 demonstrates high liquidity, with Normanton Park and Parc Clematis recording 1,882 and 1,324 transactions respectively at an average price of $1,749.10 psf. In District 19, projects like The Florence Residences and Riverfront Residences maintain a price level between $1,529.92 and $1,663.75 psf. The data shows that most high-volume condominium projects feature 99-year leases commencing between 2017 and 2019, contrasting with the freehold status often found in the landed segment.

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
TENGAH GARDEN RESIDENCESD24 Lim Chu Kang, Tengah$2,11386399 yrs from 21/04/2025
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

Buyer Advice

Buyers should assess their budget against the $773.48 psf difference observed between District 18 and District 3 developments. For those seeking lower entry points, District 19 offers multiple projects like Affinity at Serangoon at $1,625.81 psf. It is necessary to factor in the total quantum, as landed properties typically require a higher absolute capital outlay despite the competitive PSF rates seen in high-volume condominium developments.

Frequently Asked Questions

What is the average PSF for a new condo in District 5?
Based on recent transaction data, District 5 condos like Normanton Park and Parc Clematis trade between $1,681.73 psf and $1,816.47 psf. These projects have seen high transaction volumes, totaling over 3,200 units combined.
How does the price of a District 18 condo compare to District 3?
There is a significant price gap of $773.48 psf between these regions. Treasure at Tampines in D18 averages $1,435.08 psf, while Avenue South Residence in D3 averages $2,208.56 psf.
Are most high-volume Singapore condos leasehold or freehold?
The top 10 most transacted projects are all 99-year leasehold properties with leases commencing between 2017 and 2019. This includes large-scale developments like Jadescape ($1,779.55 psf) and Parc Esta ($1,889.03 psf).
Which district offers the most affordable condo entry point based on recent data?
District 18 offers the most competitive entry point among the top-transacted projects, with Treasure at Tampines recording an average price of $1,435.08 psf across 1,963 transactions.
What are the transaction volumes for District 19 condominiums?
District 19 shows high activity with three major projects—The Florence Residences, Affinity at Serangoon, and Riverfront Residences—recording a combined total of 2,876 transactions at prices ranging from $1,529.92 to $1,663.75 psf.
Is there a price difference between District 3 and District 14 condos?
Yes, District 3 properties like Avenue South Residence average $2,208.56 psf, which is $319.53 psf higher than District 14's Parc Esta, which averages $1,889.03 psf.

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

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