Are Singapore Landed Homes Out of Reach in 2026?

Last updated 23 October 2026

For many Singaporean families, a terrace or semi-detached house has long been the top of the property ladder. Landed homes are a small share of the housing stock and usually cost far more than condos or HDB flats, so a common question is whether they have moved further out of reach. This article compares official price and income data. It doesn’t forecast prices or tell you whether to buy.

This article is general information, not financial, legal or property advice. It doesn’t take your personal circumstances into account. Speak to a licensed professional before making property decisions.

Incomes: what SingStat reports

According to the Department of Statistics (SingStat), median monthly household employment income for resident employed households, including employer CPF contributions, was S$6,350 in 2010 and S$12,027 in 2025. That’s a rise of about 89%, or roughly 4.3% a year in nominal terms (data.gov.sg).

Landed prices: what URA’s index shows

URA’s price index for landed homes was 155.1 in the fourth quarter of 2010 and 253.1 in the fourth quarter of 2025, a rise of about 63%, or roughly 3.3% a year (URA via data.gov.sg). Landed prices were already high in 2010 after a sharp rise in 2009 and 2010, so the starting point affects the comparison.

Over the most recent ten years, from the second quarter of 2016 to the second quarter of 2026, the official indices rose by these annual averages:

Sources: URA and HDB via data.gov.sg, retrieved 17 Oct 2026. Yearly changes are compound averages calculated by nearme.sg. Past changes don’t indicate future prices.

In the latest quarters, URA reported landed prices up 2.5% in the second quarter of 2026 and a further 2.9% in the third quarter.

Putting the two together

As an illustration only: a landed home whose price tracked URA’s landed index from end-2010 to end-2025 would have risen about 63%. Over a similar period, median employment income for resident employed households rose about 89%. On those national averages, the price-to-income ratio for such a home would have fallen rather than risen.

Averages hide a lot, though. Landed homes generally cost more than condos and HDB flats, and prices vary widely by tenure, land size, location and condition. Since 2016, the landed index has risen faster than the non-landed and HDB resale indices. Whether a landed home is within reach depends on your own income, savings and loan eligibility, not on national medians.

Why landed supply is limited

Landed homes use far more land per household than high-rise housing, and URA’s Master Plan sets where landed housing is allowed. Because Singapore has little land, most new homes are built as condos and HDB flats, so the stock of landed homes stays relatively small.

Alternatives people consider

• Cluster houses compared with conventional landed homes
• Landed homes under S$3.5M
• Singapore’s 2026 new property launches

FAQ

Have landed prices risen faster than incomes since 2010?

Not on national averages. From 2010 to 2025, URA’s landed index rose about 63%, while SingStat’s median employment income for resident employed households rose about 89%. Since 2016, though, landed prices have risen faster than the non-landed (condo and apartment) and HDB resale indices.

Where can I check landed prices for a specific street?

URA publishes caveated private transactions, including landed homes, on its property market information pages. Compare recent transactions of similar land size and tenure.