10 Landed Property Homes Under 2 Million (P.S. Some Are Freehold!)

landed property under 2m

Many of us aspire to own a landed property someday. Landed properties are often considered a status symbol of how successful you are because owning a huge, multi-story house with its own garden is often thought to be an expensive affair, reserved for the rich. 

While it is true that you must be, at the very least, a millionaire to buy landed property, we want to debunk the myth that owning landed property is only possible if you have rich parents to inherit them from. In fact, there are still plenty of relatively affordable ones that are going at reasonable prices, comparable to that of a private condo. 

But don’t just take our word for it: Here is a curated list of 10 affordable landed properties listed on PropertyGuru that will cost you less than $2 million.

Disclaimer: This list includes land-titled residential landed property, as well as cluster houses (strata landed housing) which are typically more affordable and within our stipulated budget for this article. 

1. Loyang Villas - from $1.4m

Loyang Villas is a terrace house project located along Loyang Rise. There is easy access to public transport via MRT via the East-West Line (EWL) and Downtown Line (DTL) as Loyang Villas conveniently sits between Pasir Ris and Tampines. There is also an upcoming Loyang MRT on the Cross-Island Line (CRL), which will further improve accessibility in the area. Its proximity to the various business parks in the East makes it a good location choice for those working in the Changi Business Park or Loyang Industrial Park.

If you love nature, Loyang Villas also has plenty to offer with the surrounding greenery and estate park for its residents. You can enjoy a stroll in the neighbourhood at the end of a busy day at work to rest and relax. Families with children will also appreciate the nearby schools like Dunman Secondary School and Tampines Junior College. 

About Loyang Villas 

  • District: 17
  • Price: $1,400,000 to $2,100,000
  • Area: 1,165 to 2,185 sq ft
  • Housing type: Terrace
  • Tenure: 99-year leasehold 
  • Year of Completion: 1997

Nearby Amenities

  • Loyang Point
  • White Sands Mall
  • Tampines Mall
  • Tampines Leisure Park
  • Nautical Park @ Pasir Ris
  • Tampines Mart

Loyang Villas landed property prices 

Recent transactions from the last three months:

Date

Price

Aug 2020

$1,370,000

Aug 2020

$1,500,000

Jul 2020

$1,430,000

Recent transactions from the last one year:

Unit Type

Price

4-bed

$1,430,000 to $1,530,000

5-bed

$1,280,000 - $2,060,000

Browse available landed property units at Loyang Villa here.

 

2. Serangoon Gardens Estate - from $1.25m

Serangoon Gardens Estate is a heritage landed property estate that comes with a modern touch. The landed property development, which sits in District 19, is a mixed-tenure development consisting of 99-year leasehold and freehold landed properties. The estate was originally built for British officers based in Singapore back in the 1970s before being upgraded in 2001 as part of the Singapore Government's plan to improve the older landed property housing estates in Singapore.

The terrace houses in Serangoon Gardens are spacious and roomy, making them suitable for big families with children and pets. Accessibility is also a huge bonus: Ang Mo Kio MRT station, Lorong Chuan MRT station and Serangoon MRT station located within close proximity. Not to mention, the famous supper haunt, Chomp Chomp! 

About Serangoon Gardens Estate 

  • District: 19
  • Price: $1,250,000 to $2,880,000
  • Area: 1,604 to 1,862 sq ft
  • Housing type: Terrace
  • Tenure: 99-year leasehold and freehold
  • Year of Completion: 1965

Nearby Amenities

  • Chomp Chomp Food Centre
  • Rosyth School
  • Serangoon Garden Market & Food Centre
  • myVillage

Serangoon Gardens landed property prices

Recent transactions from the last three months:

Date

Price

Aug 2020

$2,830,000

Aug 2020

$3,320,000

Jun 2020

$2,540,000

Recent transactions from the last one year:

Unit Type

Price

3-bed

$1,800,000 to $3,300,000

4-bed

$2,910,000 - $4,460,000

Browse available landed property units at Serangoon Garden Estate here.

 

Got money to blow? Then you have to check out the creme de la creme of landed homes, the Good Class Bungalow.

 

3. Westville - from $1.42m

Located at District 22, Westville is a 99-year leasehold terrace development by First Capital Corporation. Westville is near many MRT Stations in the West Singapore, such as Pioneer MRT Station, Boon Lay MRT Station, and Lakeside MRT Station. It is also within a few minutes' walking distance to reputable schools such as Westwood Secondary School, Pioneer Primary School, and Pioneer Secondary School.

With prices mostly under $2m, Westville is one of the most affordable landed projects in Singapore, which makes it a good choice both for own-stay or for buying as an investment property for rental income.

About Westville 

  • District: 22
  • Price: $1,420,000 to $1,999,999
  • Area: 1,615 to 2,153 sq ft
  • Housing type: Terrace
  • Tenure: 99-year leasehold 
  • Year of Completion: 1998

Nearby Amenities

  • Gek Poh Shopping Centre 
  • Pioneer Mall
  • Westwood Park
  • Jurong Eco-Garden
  • CleanTech Park
  • Nanyang Technological University

Westville landed property prices 

Recent transactions from the last three months:

Date

Price

Jul 2020

$1,480,000

Jul 2020

$1,380,000

Mar 2020

$1,350,000

Recent transactions from the last one year:

Unit Type

Price

4-bed

$1,480,000

5-bed

$1,260,000 - $1,950,000

Browse available landed property units at Westville here.

 

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Tip: Shopping for a new home? Then it's time to work out a feasible budget and compare home loan interest rates. For more personalised advice, PropertyGuru Finance's home finance advisors can help (and for free, too!).

 

4. Springhill - from $1.42m 

Springhill terrace was developed back in 2008 by Far East Organisation. Located in District 27, Springhill has 115 three-storey landed property houses. It is located less than 1km from the nearest Canberra MRT, and has plenty of bus stops surrounding the development to support travelling to and from the estate in Sembawang. 

One of the unique selling points about Springhill is that it comes with condo-like facilities even though it is a landed property development. You can find common condo facilities like BBQ area, swimming pool, clubhouse and gym room in Springhill. With an asking price range between $1.42m and $1.63m, it is an affordable entry into the landed property space for homeowners.

About Springhill 

  • District: 27
  • Price: $1,420,000 to $1,630,000
  • Area:  sq ft
  • Housing type: 
  • Tenure: 99-year leasehold 
  • Year of Completion: 2008

Facilities

  • Swimming Pool
  • Clubhouse
  • BBQ Area
  • Gymnasium Room
  • Wading Pool

Nearby Amenities

  • Jalan Tampang
  • Sembawang Shopping Centre
  • OTO
  • Canberra Plaza
  • Game Resort
  • Sun Plaza
  • Legundi Park
  • Jalan Kemuning Park
  • Canberra MRT

Springhill landed property prices

Recent transactions from the last three months:

Date

Price

Aug 2020

$1,370,000

Aug 2020

$1,500,000

Jul 2020

$1,430,000

Recent transactions from the last one year:

Unit Type

Price

4-bed

$1,430,000 to $1,530,000

5-bed

$1,280,000 - $2,060,000

Browse available landed property units at Springhill here.

 

5. Villa Verde - from $1.5m 

Villa Verde is a terrace landed property development that is located in District 23, in the Choa Chu Kang area. There are a total of 515 terrace units in Villa Verde, each of them standing at 3-storeys high. It was completed back in 2002 by Keppel Land. 

Within the vicinity of Villa Verde, there are plenty of educational institutes for parents to choose, from kindergarten to secondary schools. This makes it a good location for families with children and/or young couples who are planning to expand their family soon. 

Right now, it is one of the most affordable landed property housing in Singapore with an asking price of less than $2.1 million. 

About Villa Verde

  • District: 23
  • Price: $1,500,000 to $2,100,000
  • Area: 1,615 to 2,465 sq ft
  • Housing type: Terrace
  • Tenure: 99-year leasehold
  • Year of Completion: 2002

Nearby Amenities

  • Villa Verde Park
  • Stagmont Park
  • Yew Tee Point
  • Yew Tee Square
  • Lot One Shopping Mall

Villa Verde landed property prices

Recent transactions from the last three months:

Date

Price

Aug 2020

$1,650,000

Aug 2020

$1,710,000

Jul 2020

$1,820,000

Recent transactions from the last one year:

Unit Type

Price

5-bed

$1,430,000 - $1,820,000

Browse available landed property units at Villa Verde here.

 

6. East View Garden - from $1.5m (99-year, 999-year and freehold!)

Located in the East, East View Garden is situated along Meragi Terrace in District 16. Although it is an older terrace housing estate that was built in 1977, you won't need to worry about decaying leases as the 70 landed homes are a mix of freehold and leasehold (99-year and 999-year).

Travelling to and from East View Garden is highly convenient with multiple expressways connecting you to the rest of Singapore. The Pan-Island Expressway (PIE), East Coast Parkway (ECP), and Tampines Expressway (TPE) are all few minutes away from East View Garden, which makes travelling a breeze for drivers. Even for non-drivers, there's Upper Changi MRT located right next to the estate.

Apart from the location, price is also a huge draw for those looking to enter into the landed property space. For less than $2.5m, you can get your own affordable landed home at East View Garden.

About East View Garden

  • District: D16
  • Price: $1,500,000 to $5,700,000
  • Area: 1,500 to 6,300 sq ft
  • Housing type: Terrace
  • Tenure: 99-year/999-year leasehold and freehold 
  • Year of Completion: 1977

Nearby Amenities

  • Eastpoint Mall
  • Simei Plaza
  • Changi City Point
  • Simei Park Connector
  • Jalan Pelatok Open Space
  • Jalan Pelatok Park
  • SUTD
  • Upper Changi MRT
  • Expo
  • Expo MRT
  • Simei MRT

East View Garden landed property prices

Recent transactions from the last three months:

Date

Price

Jun 2020

$3,100,000

Sep 2019

$2,760,000

Jul 2019

$1,450,000

Recent transactions from the last one year:

Unit Type

Price

4-bed

$1,450,000

5-bed

$2,760,000

6-bed

$3,100,000

Browse available landed property units at East View Garden here.

 

7. Westwood Park - from $1.54m

Westwood Park is a terrace housing estate that is situated right next to the Westville terrace development. Westwood Park was completed in 1998 and consists of 176 leasehold landed homes.

Tucked away in the corner of District 22, residents of Westwood Park get to enjoy the peace and serenity of the exclusive landed area. Yet, at the same time, it is still convenient for day-to-day living as residents have access to the nearby Gek Poh shopping centre for your grocery and food needs. At less than $2.4m per unit, the barrier of entry into landed property with a terrace unit at Westwood Park is reasonable.

About Westwood Park 

  • District: 22
  • Price: $1,538,000 to $2,350,000
  • Area: 1,615 to 2,992 sq ft
  • Housing type: Terrace
  • Tenure: 99-year leasehold 
  • Year of Completion: 1999

Nearby Amenities

  • Westwood Park
  • Pioneer Mall
  • Jalan Bahar Park & Playground
  • Gek Poh Shopping Centre
  • Nanyang Technological University

Westwood Park landed property prices

Recent transactions from the last three months:

Date

Price

Oct 2019

$1,650,000

Sep 2019

$1,400,000

Jul 2019

$1,380,000

Recent transactions from the last one year:

Unit Type

Price

4-bed

-

5-bed

$1,400,000 - $1,650,000

Browse available landed property units at Westwood Park here.

 

8. Kew Residencia

Built in 1997, Kew Residencia is a landed property development that was designed to mimic a resort. Leveraging on the plot's close proximity to East Coast Park, the developer Far East Organization developed Kew Residencia into a resort-like development where residents can wake up to the sea, sand and sun on a daily basis.

Just like Springhill, Kew Residencia is a cluster housing project that features condo-like facilities within a landed property development. Residents can enjoy the two pools, fitness gym and more. 

Location-wise, there are numerous eateries nearby that spoil residents for choice. Kew Residencia’s location is also linked to the city centre via PIE and ECP. Those who prefer to travel via a greener route can also choose to get around via public transport - the close station is Tanah Merah MRT.

About Kew Residencia

  • District: 16
  • Price: $1,540,000 to $1,900,000
  • Area: 2,142 to 2,971 sq ft
  • Housing type: Terrace
  • Tenure: 99-year leasehold 
  • Year of Completion: 1997

Facilities

  • BBQ Area
  • Gymnasium Room
  • Playground
  • Swimming Pool
  • Jacuzzi
  • Wading Pool

Nearby Amenities

  • Siglap East Community Farm
  • Bedok Food Centre
  • Changi General Hospital
  • Bedok Mall
  • Bedok Point
  • Tanah Merah MRT
  • Eastwood Centre
  • Temasek Primary School
  • Temasek Secondary School

Kew Residencia landed property prices

Recent transactions from the last three months:

Date

Price

Mar 2020

$1,570,000

Sep 2018

$1,670,000

Jul 2018

$1,320,000

Recent transactions from the last one year:

Unit Type

Price

4-bed

$1,570,000

Browse available landed property units at Kew Residencia here.

 

9. The Shaughnessy - from $1.6m

Developed by Allgreen Properties Limited, each unit at The Shaughnessy comes with three storeys, and are at least 3,284 sq ft. For each unit, the maximum that you have to fork out is only $1,900,000, which is reasonable for a landed properties of this size.

Another cluster project, The Shaughnessy is a terrace development with condo facilities. But unlike most cluster houses that feature only basic facilities like a small pool and fitness gym, The Shaughnessy actually has a basketball court, tennis court, and even putting green! 

All that for under $2m? Sounds like a good deal to us. 

About The Shaughnessy

  • District: 25
  • Price: $1,598,000 to $1,900,000
  • Area: 3,284 to 3,509 sq ft
  • Housing type: Terrace
  • Tenure: 99-year leasehold 
  • Year of Completion: 2006

Facilities

  • BBQ Area
  • Gymnasium Room
  • Playground
  • Swimming Pool
  • Jacuzzi
  • Wading Pool
  • Game Corner
  • Putting Green
  • Function Room
  • Reflexology Path
  • Tennis Court
  • Basketball Court
  • Fitness Corner

Nearby Amenities

  • Lower Seletar Reservoir
  • Kim San Leng Food Centre
  • Yishun Park Hawker Centre
  • Wisteria Mall
  • Nee Soon East Park
  • Yishun Mall

The Shaughnessy landed property prices 

Recent transactions from the last three months:

Date

Price

Sep 2020

$1,600,000

Mar 2020

$1,600,000

Feb 2020

$1,450,000

Recent transactions from the last one year:

Unit Type

Price

4-bed

$1,600,000 

5-bed

$1,370,000 - $1,600,000

Browse available landed property units at The Shaughnessy here.

 

10. The Riverina - from $1.62m

The Riverina is a 99-year leasehold project that was developed by Ho Bee Land and completed in 2001. There are 215 landed homes in the estate. 

A unique selling point of The Riverina is its close proximity to nature. Residents can walk to Elias Park, Changi and Pasir Ris Beach in the span of a few minutes. Residents also have the luxury of taking a daily stroll at the beach as though it is your own private beach. If you love the nature and enjoy living in a huge space, The Riverina is an affordable one to consider.

About The Riverina

  • District: 18
  • Price: $1,620,000 to $4,500,000
  • Area: 1,614 to 3,400 sq ft
  • Housing type: Terrace
  • Tenure: 99-year leasehold 
  • Year of Completion: 2001

Nearby Amenities

  • Pasir Ris MRT
  • Elias Mall
  • White Sands Shopping Mall
  • Pasir Ris West Plaza
  • Ikea (Tampines Industrial Park)
  • Giant (Tampines Industrial Park)
  • Courts (Tampines Industrial Park)

The Riverina landed property prices

Recent transactions from the last three months:

Date

Price

Jul 2020

$2,320,000

Jun 2020

$1,900,000

Apr 2020

$1,920,000

Recent transactions from the last one year:

Unit Type

Price

4-bed

$1,430,000 to $1,530,000

5-bed

$1,280,000 - $2,060,000

Browse available landed property units at The Riverina here.

 

What's wrong with these landed properties? Why are they so cheap? 

And there you have it - actual proof that landed properties can be as affordable a condos! You must be thinking: Something's definitely got to give, especially when you're on such a tight budget, right? That's true to a certain extent, but they're all pretty minor in our opinion.  

Firstly, you'll notice that these landed homes are all terrace houses, which is the smallest type of landed property. While this may matter to some in terms of "face", if you're talking about practicality, it's more than enough living space for even a three-generation family. 

Most of those featured on this list are also leasehold. That's unsurprising, as freehold (and 999-year) properties that are this spacious usually cost way more. That said, this list shows that it's not impossible to find freehold or 999-year leasehold units at this price point, if you only look hard enough.

Lastly, the more affordable landed properties are usually located in the Outside Central Region (OCR). These are further away from the main city area. Although definitely less convenient than living in the heart of say, Orchard Road, most of these are at least within minutes to an MRT station, which makes them reasonably accessible. 

So there, there's nothing "wrong" with these landed properties. 

On a final note, when shopping for landed properties, be sure to look out for the 1. remaining lease, and 2. condition of the home. Some landed home listings can be as cheap as under $1 million, but these usually either have only a few years left on the lease, or are extremely rundown and require major (very costly) renovations. 

Alternatively, if you think that $2m is still outside of your budget, why not consider getting a condo instead of a landed property? There are lots of spacious freehold properties that you can buy for less than $1million

 

For more property news, resources and useful content like this article, check out PropertyGuru’s guides section

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