Private home prices in Singapore rose by 0.7 percent quarter-on-quarter in the three months to March of 2022, compared with the preliminary reading of a 0.4 percent growth and after a 5.0 percent expansion in the previous period. The latest figure marked the eighth straight quarter of increases in private home prices, amid a decline in prices of non-landed property (-0.3 percent vs 5.3 percent in Q4) due to property curbs, higher taxes, and headwinds from the war in Ukraine. Meanwhile, prices of landed properties went up faster (4.2 percent vs 3.9 percent). Last year, private home prices rose by 10.6 percent, sharply picking up from a 2.2 percent growth in 2020. source: Urban Redevelopment Authority

Housing Index in Singapore averaged 82.50 points from 1975 until 2021, reaching an all time high of 165.30 points in the third quarter of 2021 and a record low of 8.90 points in the first quarter of 1975. This page provides the latest reported value for - Singapore Property Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Singapore Residential Property Price Index - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.

Housing Index in Singapore is expected to be 166.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Residential Property Price Index is projected to trend around 172.00 points in 2022 and 180.00 points in 2023, according to our econometric models.

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Singapore Residential Property Price Index



Calendar GMT Actual Previous Consensus TEForecast
2022-04-01 01:00 AM URA Property Index QoQ Prel Q1 0.4% 5% 1.1%
2022-04-22 12:30 AM URA Property Index QoQ Final Q1 0.7% 5% 0.4%


Related Last Previous Unit Reference
Housing Index 174.80 173.60 points Mar 2022
New Home Sales 654.00 542.00 Units Mar 2022

Singapore Residential Property Price Index
In Singapore, Housing Index is measured by all residential property price index.
Actual Previous Highest Lowest Dates Unit Frequency
174.80 173.60 174.80 8.90 1975 - 2022 points Quarterly
NSA 2009Q1=100

News Stream
Singapore Home Price Growth Slows Less than Initially Thought
Private home prices in Singapore rose by 0.7 percent quarter-on-quarter in the three months to March of 2022, compared with the preliminary reading of a 0.4 percent growth and after a 5.0 percent expansion in the previous period. The latest figure marked the eighth straight quarter of increases in private home prices, amid a decline in prices of non-landed property (-0.3 percent vs 5.3 percent in Q4) due to property curbs, higher taxes, and headwinds from the war in Ukraine. Meanwhile, prices of landed properties went up faster (4.2 percent vs 3.9 percent). Last year, private home prices rose by 10.6 percent, sharply picking up from a 2.2 percent growth in 2020.
2022-04-22
Singapore Q1 Home Prices Rise at Softer Pace
Private home prices in Singapore increased 0.4 percent quarter-on-quarter in the three months to March of 2022, slowing sharply from a 5.0 percent rise in the previous period, preliminary estimates showed. This marked the eighth straight quarter of increases in private home prices, which prompted the government to introduce cooling measures in December, including raising additional stamp duties for second-home buyers and foreigners purchasing private residences, amid concerns over affordability. Prices of landed properties slightly rose faster (4.0 percent vs 3.9 percent in Q4), amid a decline in non-landed properties (-0.6 percent vs 5.3 percent). For 2021, private home prices rose by 10.6 percent, picking up strongly from a 2.2 percent increase in 2020.
2022-04-01
Singapore Q4 Home Prices Rise the Most Since 2009
Private home prices in Singapore surged 5.0 percent quarter-on-quarter in the three months to December of 2021, accelerating sharply from a 1.1 percent rise in the previous period and in line with a preliminary estimate. This marked the seventh straight quarter of increases in private home prices and the strongest growth since 2009, which prompted the government to introduce cooling measures in December, including raising additional stamp duties for second-home buyers and foreigners purchasing private residences, amid concerns over affordability. Prices increased faster for both landed properties (3.9 percent vs 2.6 percent) and non-landed properties (5.3 percent vs 0.7 percent). For the full year of 2021, private home prices rose by 10.6 percent, picking up strongly from a 2.2 percent increase in 2020.
2022-01-28