Limited Supply, Lasting Value: The Investment Case for Detached Homes in District 28

By Jee Sheong

March 11, 2025

Table of content

District 28 (D28) has long been a sought-after enclave for pure landed property buyers seeking space, exclusivity, and long-term capital appreciation. Known for its well-established landed estates, including Seletar Hills Estate, Luxus Hills, and Nim Collection, D28 offers a unique mix of freehold and leasehold properties in a tranquil yet well-connected environment. While inter-terrace and corner terrace homes have been the focus of many buyers due to their affordability, detached homes represent the pinnacle of exclusivity within the district. This article delves into the market trends, supply levels, absorption rates, and price performance of detached homes in D28.

*The data were extracted from Edgeprop listing portal, and may not constitute the entire listings population. To access the entire listings population, you may reach out to our Sales Consultants Team directly.

Detached homes in D28 remain the rarest form of landed housing, with extremely limited supply compared to other property types. As of February 2025, there were only 10 active listings for detached homes in the district. This low availability highlights the strong holding power of homeowners in this segment, making detached homes an asset class with significant barriers to entry.

Price Distribution and Market Segmentation

Notably, there are no developer-built brand-new detached homes (Category 4) available in D28, unlike in some prime districts where luxury homes are frequently redeveloped and resold at a premium.

Comparison to Other Landed Homes

Compared to semi-detached and inter-terrace homes, detached homes have a far lower turnover rate due to their rarity and higher price points. While semi-detached homes in D28 have 278 active listings, detached homes account for less than 4% of that supply. This underscores their exclusivity and the fact that most detached homeowners are long-term holders who are not inclined to sell.

Absorption Rate: Detached Homes Take Time to Sell

Given their high price points, detached homes in D28 have an absorption ratio of 10 months, meaning it takes approximately 10 months for a detached home to be sold under current market conditions. While this suggests a slower turnover compared to inter-terrace homes (which have an absorption ratio of just 1.79 months), it is in line with expectations for ultra-exclusive properties.

Despite a longer selling period, detached homes continue to be sought after by affluent buyers looking for ultra-exclusive residences with ample land space.

Price Performance and Capital Appreciation

Detached homes in D28 have experienced steady capital appreciation, with a compound annual growth rate (CAGR) of 3.1% from 2015 to 2024. While this is slightly lower than the 3.7% CAGR for inter-terrace homes, it reflects the stable and defensive nature of detached homes as a long-term investment.

While detached homes in D28 may not offer the fastest capital appreciation, they remain an ultra-defensive asset with strong price preservation over the long run.

Investment Outlook: Is Now the Time to Buy?

For buyers considering detached homes in D28, the market conditions in 2025 present a unique opportunity. Despite broader macroeconomic uncertainties, detached homes in this district remain a low-risk, high-value asset class due to their inelastic supply and resilient demand.

Conclusion: Detached Homes in D28 Offer Resilience and Exclusivity

Detached homes in District 28 remain one of the most exclusive and tightly held property segments, benefiting from limited supply, strong long-term demand, and consistent capital appreciation. While the absorption rate of 10 months suggests a slower market compared to inter-terrace or semi-detached homes, this is expected given their ultra-premium status.

For buyers looking for an investment-grade landed home, detached properties in D28 offer strong wealth preservation and stable price growth. With their scarcity-driven pricing resilience, detached homes remain a coveted asset class in Singapore’s highly competitive real estate landscape.

Now may be the right time to secure a detached home in D28 before inventory tightens further. Whether you are seeking a legacy investment or an expansive family home, D28’s detached homes present an opportunity that is unlikely to be replicated elsewhere in Singapore.

Navigating Singapore’s landed property market doesn’t have to be daunting. Our experienced consultants are here to provide personalised guidance and expert insights, ensuring a smooth journey to finding your ideal home. Whether you’re seeking a legacy investment or a dream property for your family, we’re ready to help you make the right choice. Contact us today to turn your aspirations of owning a landed home into a seamless and rewarding reality.

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