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. 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 January 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


Singapore Residential Property Price Index
In Singapore, Housing Index is measured by all residential property price index.
Actual Previous Highest Lowest Dates Unit Frequency
173.60 165.30 173.60 8.90 1975 - 2021 points Quarterly
NSA 2009Q1=100

Calendar GMT Actual Previous Consensus TEForecast
2022-01-03 12:30 AM URA Property Index QoQ Prel Q4 5% 1.1% 1.8%
2022-01-28 12:30 AM URA Property Index QoQ Final Q4 5% 1.1% 5%


Related Last Previous Unit Reference
Housing Index 173.60 165.30 points Dec/21
New Home Sales 834.00 1216.00 Units Sep/21


News Stream
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
Singapore Q4 Private Home Prices Rise the Most Since 2009
Private home prices in Singapore jumped 5.0 percent quarter-on-quarter in the three months to December of 2021, quickening sharply from a 1.1 percent rise in the previous period, a preliminary figure showed. 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 rose faster for both landed properties (3.7 percent vs 2.6 percent) and non-landed properties (5.4 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.
2022-01-03
Singapore Q3 Private Home Prices Revised Upward
Private home prices in Singapore rose by 1.1 percent quarter-on-quarter in the three months to September of 2021, compared with the preliminary reading of a 0.9 percent growth and after a 0.8 percent gain in the previous period. This marked the sixth straight quarter of increases in private home prices as the economy reopened further amid an acceleration in the COVID-19 vaccination campaign, with prices of landed properties rebounding sharply (2.6 percent vs -0.3 percent). At the same time, prices of non-landed properties continued to grow (0.7 percent vs 1.1 percent), mainly supported by a rise in the Rest of Central Region.
2021-10-22