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Costly renewals: Transforming an old landed house into your dream home is getting harder

U.S. President Donald Trump gestures after delivering an address to the nation about the Iran war at the White House in Washington, D.C., U.S. April 1, 2026. (Alex Brandon/Pool via Reuters)

  • Singapore’s landed property market sees urban renewal through piecemeal sales of old houses, driven by wealth transfer and demand for modern homes.
  • Landed property prices have risen significantly, up 60% in the last decade, with rebuilding costs also increasing due to labour and material inflation.
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