Are you looking to upgrade to a landed house for your family?
Do you know how many types of landed properties in Singapore?
Which landed property most suit you and your family?
Before you make any decision to buy a landed property in Singapore, you must understand the types of landed properties here, the estimated prices of each landed properties in the markets, and the criteria to buy a landed house.
Who can Buy landed property?
Singapore Citizens, you are allowed to buy landed properties in Singapore.
Permanent Resident, you can only apply if you have been a PR for at least five years.
Several factors such as your economic contribution will be taken into consideration, your application will still be assessed on a case-by-case basis.
Foreigners are not allowed to purchase any landed property in Singapore Main Land.
Sentosa Island will be exceptional but still subjected to LADU approval and landed housing which is built in a condominium, having a condo strata titles.
Singapore has only 721.4 square kilometres in sizes, compare to other countries, we are just a little red dot on the world map.
The land is scared here, so owning a landed property is the most utmost dreams of a Singaporean and also a form of status recognition.
To make full use of the land in Singapore, the government has determined the land sizes for every landed housing.
Its has divided into the subsequent types.
1. Terraces houses
2. Semi-detached houses
3. Detached houses
4. Good class bungalow
7. Cluster housing
The minimum requirement by each landed properties.
Terrace houses are a row of homes built within an equivalent plot of land subdivided into difference smaller land plot.
Guidelines from URA, terraces houses are inbuilt a row with a minimum of three units or more.
The end 2 units are named as corner terraces and therefore the land sizes are going to be much bigger than the inter terraces.
The middle units share party walls with their neighbours on each side, while the corner or end terrace houses are only attached to at least one other neighbour.
The URA further classifies terrace houses in two (technical) categories, depending on the counting on the need of their front setbacks from the road.
The minimum land plots are between 80 square metres to 150 square metre with minimum width (frontage) of 6 metres for inter-terrace and eight metres for corner terraces.
Inter terrace houses have only windows on their narrow ends, they have a reputation for being dark and not well-ventilated.
Thus, the good plan terrace houses are often designed with or inner courtyard or an air well.
For the old development, there are terraces (Terrace II) only with land sizes of 80 square metres, this type of development is very compact and without a car pouch in the unit, and of course, the built-in is limited also.
The developers understand that buyers looking for land with good sizes, minimum a car porch in the unit, and a good build in areas, so newly build landed terraces houses are built with a land size of minimum 150 square metres (Terrace house I) and a width (frontage) of six metres.
Landed Inter-Terraces houses is the lowest entry point for upgraders
Landed Inter-Terrace prices started from S$1.85M to S$3.5M for 20+ old 2 storeys, 5 bedroom inter-terrace, 99-year leasehold, depends on the location.
Freehold will cost more, starting from S$2.5M to S$4M.
Old development will face an issue of not consistent façade, this is due to redevelopment of each of the house in the area.
Narrow road due to not well establish land planning.
Advantages for older development, you can tear down and rebuilt the house or do A & A of the unit to your liking.
Land sizes might be much bigger than a brand new development, there is some old development with land sizes as big as 2000sqft.
Cost of rebuilding average from S$350psf of your built-in area.