Prestige $10m–$15m homes made up 72.3% of H2 deals
However, higher-priced prestige landed homes increased, with 27.7% of deals priced above $15m.
Prestige landed homes in the city-state priced at between $10m to $15m accounted for about 72.3% of total landed deals in the second half (H2) of 2025, down from the 75.3% proportion in H1 2025, PropNex found.
Transactions of higher-priced prestige landed homes also increased in H2, with 27.7% of deals priced above $15m.
Another 3.6% of transactions were priced for prestige homes above $30m during the period. No prestige landed homes above $30m were transacted in H1.
PropNex projected an increase in the sales momentum of luxury landed homes, following the US Federal Reserve interest rate cuts may lead to more favourable domestic home loan rates.
Meanwhile, an OrangeTee report said that the strong demand is attributed to the growing affluence amongst Singaporeans, and their interest in acquiring high-end real estate as long-term investment assets and for wealth preservation.
The proportion of Singaporeans buying luxury non-landed and landed homes rose to 76% in the third quarter of the year (Q3), accounting for 130 out of the 171 luxury transactions, OrangeTee added.
This is higher than the 70.2% recorded in Q2 and the 72.5% in Q3 2024, it said.
Prices in the housing market, meanwhile, are projected to rise steadily in the coming year after a resilient 2025, PropNex also said.
Private home prices will continue to go up in 2026 by 3% and sales may remain steady as well.