Huttons Asia research has found that the landed residential market experienced a downturn in 2Q2025, with a decrease in both sales volume and prices compared to the previous quarter. According to the report, a total of 404 landed homes (excluding Good Class Bungalows and strata landed homes) were sold in 2Q2025, a 6.2% decline from the 431 homes sold in 1Q2025.
Not only did sales volume decrease, but the average transacted price for these homes also dropped by 0.9% quarter-on-quarter to $1,989 per square foot (psf). As a result, the total sales value for landed homes in 2Q2025 was $2.2 billion, a 12.6% decrease from the previous quarter.
Huttons attributes the decline in transaction volume to uncertainties related to tariffs, which may have caused some buyers to hold off on making purchases. The research report also noted that more terrace homes were transacted in 2Q2025 at 243 units, compared to …
