Landed Properties in Singapore For Sale

Landed Properties in Singapore For Sale

A pre-loved landed home presents a unique charm and character that comes from the stories it holds and the care it has received over the years. Nestled in a well-established neighbourhood, surrounded by mature trees and a sense of community. The exterior of the landed property, weathered by time, exudes a certain warmth and character, hinting at the stories and memories within.

Cowdray Avenue, Serangoon Gardens Corner Terrace
$6,200,000
Greenwood Mews Cluster House
$4,721,543 From
meng suan road semi detached house for sale
$5,000,000
77 Ocean Drive Bungalow
$36,800,000

Find Quality Landed Properties in Singapore with The Landed Collective.

Pre-loved or resale landed property in Singapore refers to landed homes that are previously owned and are being sold in the secondary market.

5 key points when considering resale landed homes:

  1. Diverse Options: Resale landed properties are available in various types, such as bungalows, semi-detached houses, and terrace houses, offering a range of sizes, layouts, and designs.
  2. Potential for Customisation: Some resale landed houses might have undergone extensive renovations or modifications by previous owners, offering unique features or designs that could cater to specific preferences.
  3. Immediate Availability: Unlike buying a property under development or construction, resale landed properties are usually available immediately for occupancy after completing the sale and transfer process.
  4. Location and Amenities: Resale landed properties might be situated in established neighbourhoods with existing amenities such as schools, parks, shopping centers, and transportation links.
  5. Potential for Capital Appreciation: Depending on market conditions and factors like location and property condition, resale properties could offer the potential for capital appreciation over time.

When considering resale landed properties for sale in Singapore, conducting thorough inspections, understanding the property’s history, checking for any maintenance or repair needs, and evaluating the property’s future resale potential are crucial steps. Working with a real estate agent who specialises in landed properties and conducting due diligence on legal and financial aspects can help ensure a smooth purchase process. If you wish to skip the hassles of redoing your home, you can consider buying a brand new landed property.

Remember, buying a property in the secondary market can be complex. It’s crucial to do thorough research, inspections, and involve professionals like real estate agents, inspectors, and lawyers to navigate the process smoothly. Evaluate every landed home for sale carefully as each property is unique. It is important to weigh your preferences and requirements against the demand and supply in the market.

An essential 10-step guide for buying a landed property:

  1. Assess Your Finances: Determine your budget, including the down payment, closing costs, and monthly mortgage payments. Get pre-approved for a mortgage to understand what you can afford.
  2. Research: Explore different neighbourhoods and consider factors like proximity to work, schools, amenities, safety, and future development plans.
  3. Find a Real Estate Agent: A reliable agent can assist you in finding suitable properties, negotiating, and navigating the paperwork.
  4. Home Search: Start looking at available homes within your budget and preferred locations. Attend open houses, schedule viewings, and consider aspects like size, layout, condition, and potential for renovation.
  5. Make an Offer: Once you find the right home, your agent will help you make an offer. Consider recent comparable sales in the area when determining your offer price.
  6. Home Inspection: Hire a professional inspector to examine the property thoroughly for any hidden issues. This can help you negotiate repairs or a reduction in the selling price.
  7. Negotiate and Finalise the Deal: Negotiate with the seller on the final price, contingencies, and terms. Work with your agent and lawyer to finalise the purchase agreement.
  8. Secure Financing: Work with your lender to finalise your mortgage and ensure all necessary documents are in order. Get homeowner’s insurance as required by your lender.
  9. Closing Process: This involves signing various legal documents and paying closing costs. The title of the property is transferred to you, and you receive the keys.
  10. Move-In: Plan your move and arrange for utilities, address changes, and any necessary renovations or repairs.
error: