Touring A Freehold Landed Estate In Pasir Panjang (A Terrace Sold for $1.88m In 2021!)
June 30, 2024
As everyone looking to buy a property in Singapore knows, nothing is cheap, particularly not landed property. Hence when I saw that a terrace house at Neo Pee Teck Lane had sold for $1.88 million, albeit in 2021 and for a strata unit, I thought it would be interesting to check this estate in Pasir Panjang out! (Sadly prices have gone up since then – there has only been one sale after that, this time for $4.6 million (for a larger unit.)
Landed markets are thinner and less transparent than condo markets. Good comparables can be difficult to find, and an enclave often behaves very differently from another just a few streets away.
That's where a second opinion can be valuable: benchmarking a specific property against comparable transactions, understanding what you're really paying for, and weighing whether it makes sense for your own plans.
Over time, that's also why we decided to work with agents who shared the same data-driven and advisory-led approach behind our editorial, consultants who could help readers think through decisions more objectively, rather than simply push transactions.
Today, the team has worked with more than 2,000 clients across over $5B in property transactions.

Neo Pee Teck Lane is a very short stretch of landed houses, so we’ll also explore its neighbour, Pasir Panjang Road. (The houses along Pasir Panjang Road are generally larger than the ones at Neo Pee Teck Lane.)













We’ve seen all of Pasir Panjang Road now, so let’s head over to Neo Pee Teck Lane.







There is also an Ibis budget hotel and a bus stop between both roads, where several buses stop.

















Since we’ve seen the whole street (I did mention it’s pretty small!) – let’s head out now and see what amenities you can find in the area.
More from Stacked
New Jurong East Site Could Deliver 1,200 Homes Next To A Future 4-Line MRT Interchange — What It Means For Future Buyers
The tender for a mixed-use site in Jurong East, which had been on the Reserve List, has just been launched…













That brings us to the end of today’s tour. How did you find the area? Let me know in the comments!
Unlike condos, there are very few true like-for-like comparisons in the landed market. Every purchase is effectively a judgement call based on imperfect comparables.
If you’d like to discuss how this applies to your own circumstances, you can reach out for a one-to-one consultation here.
And if you simply have a question or want to share a thought, feel free to write to us at stories@stackedhomes.com. We read every message.
TJ
TJ's interest in property was sparked after returning from the UK- where balconies are not counted in one's square footage!- and finding that the Singapore property had totally changed in the 7 years she was away. When not reading and watching articles & videos about property, she is busy cooking and baking for friends, family & her blog GreedygirlgourmetNeed help with a property decision?
Speak to our team →Read next from Editor's Pick
New Launch Condo Reviews I Visited A New $4.2 Million 5-Level Leasehold Landed Project In Seletar — Here’s What Stood Out
Property Advice These Freehold Condos Near Orchard Haven’t Seen Much Price Growth — Here’s Why
Singapore Property News New Lentor Condo Could Start From $2,700 PSF After Record Land Bid
On The Market A Rare Freehold Conserved Terrace In Cairnhill Is Up For Sale At $16M
Latest Posts
Singapore Property News HDB Resale Prices Have Fallen For Two Straight Quarters — Here’s One Buyer Trend That Helps Explain Why
Property Investment Insights We Analysed How Executive Condominiums Have Performed Since Launch — Here Are The 3 Biggest Lessons We Found
Singapore Property News A $5.5 Million Home Purchase Was Caught In An Inheritance Dispute — What Every Singapore Homebuyer Can Learn From It
0 Comments