Do landed homes trump condos as investments?

IN DENSE Singapore, many aspire to own a private landed home.

Over a 20-year period to the second quarter of 2021, prices of private landed homes rose 101 per cent, outperforming the 77 per cent jump in prices of private non-landed residential property based on data from the Urban Redevelopment Authority (URA). However, over a 10-year time frame, prices of non-landed homes rose more than landed homes.

For convenience, landed homes cannot top condominiums that are part of integrated developments with direct connectivity to a shopping mall plus the MRT station. But as the MRT network expands and amenities such as offices, shops, healthcare facilities and schools are built in suburbs, it is becoming less inconvenient to live in landed homes in areas distant from the city centre be it Sembawang in the north or Changi in the east.