A home to call my own
Landed properties include bungalows, detached, semi-detached, terraces and cluster homes. These luxurious housings offer spaciousness, ample living area, exclusivity and privacy at a lower density living enclave. Landed properties’ estates are spacious and surrounded with lush greeneries. The prestige of owning a piece of land to build your home is definitely a sense of pride for home-owners in Singapore. These landed properties often come with private garden porch and car park lots. Most of them are also well-connected to major expressways and in close proximity to MRT stations.
In land scarce Singapore, landed properties are considered an exclusive investment. Recently, reported in The Straits Times, a landed site received strong responses from 12 developers with a top bid price of $366million. Citing the article, high interest for landed housing sites is attributed by its rare released in Singapore. (Click here to view article)
Other than providing such exclusive housing experience, landed properties could allow landed home owners to be rewarded with capital appreciation. On 21 June 2013, reported in The Straits Times, prices of Singapore’s landed homes have outperformed non-landed ones. In the article, landed homes prices rose at a faster rate than apartments in the first half of 2013. The leasehold landed homes in suburban districts saw resale prices rose 5.1% while apartments saw a growth of 2.2%. Such performances are expected to continue into the second half of 2013 with a controlled supply in Singapore.(Click here to view article)
Landed properties have proved itself as a superior residence and investment. Discover these potential and take a look at Far East Organization’s landed homes, Cabana – a beautiful cluster home development with facilities and private space, Banyan Villas, and Cashew Crescent Terrace. Although only Singaporeans are allowed to purchase landed properties*, foreigners who are keen to own a landed home should explore our townhouses collection for a similar living lifestyle.
(Source: The Straits Time © Singapore Press Holdings Limited. Reproduced with permission)
* Foreigners who are keen to own a landed home are required to seek approval from the Singapore Land Authority (SLA)