Private home prices in Singapore was revised higher to 0.5 percent quarter-on-quarter in the fourth quarter 2019 from a preliminary estimate of 0.3 percent rise and after an 1.3 percent increase in the previous period. This marked the third straight quarter of growth in private home prices, as cost of landed property rose (3.6 percent vs 1 percent in Q3). At the same time, prices of non-landed property dropped by 0.3 percent, following 1.3 percent gain in the third quarter. For the whole of 2019, prices of private home properties went up by 2.7 percent, compared to a 7.9 percent rise in 2018.

Housing Index in Singapore averaged 79.15 Index Points from 1975 until 2019, reaching an all time high of 154.60 Index Points in the third quarter of 2013 and a record low of 8.90 Index 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. source: Urban Redevelopment Authority

Housing Index in Singapore is expected to be 154.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Housing Index in Singapore to stand at 159.40 in 12 months time. In the long-term, the Singapore Residential Property Price Index is projected to trend around 170.00 points in 2020, according to our econometric models.


Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Singapore Residential Property Price Index

Actual Previous Highest Lowest Dates Unit Frequency
153.60 152.80 154.60 8.90 1975 - 2019 points Quarterly
NSA 2009Q1=100

Calendar GMT Actual Previous Consensus TEForecast
2019-10-01 12:30 AM URA Property Index QoQ Prel Q3 0.9% 1.5%
2019-10-25 12:30 AM URA Property Index QoQ Final Q3 1.3% 1.5% 0.9%
2020-01-02 12:30 AM URA Property Index QoQ Prel Q4 0.3% 1.3% 0.7%
2020-01-23 12:30 AM URA Property Index QoQ Final Q4 0.5% 1.3% 0.3%


News Stream
2020-01-02
Singapore Private Home Prices Rise for 3th Quarter
Private home prices in Singapore increased by 0.3 percent in the fourth quarter 2019, easing from a 1.3 percent gain in the previous period, a preliminary data showed. This marked the third straight quarter of growth in private home prices, as cost of landed property rose (4 percent vs 1 percent in Q3). At the same time, prices of non-landed property fell by 0.7 percent, following 1.3 percent rise in the fourth quarter.

2019-10-25
Singapore Q3 Private Home Prices Revised Higher
Private home prices in Singapore rose by 1.3 percent in the third quarter 2019, compared to the preliminary data of a 0.9 percent gain and after a 1.5 percent advance in the previous period. This marked the second straight quarter of growth in private home prices, as prices of landed property increased by 1 percent, following a 0.1 percent fall in the first quarter. Meanwhile, cost of of non-landed property slowed (1.3 percent vs 2 percent in Q2). Year-on-year, private home prices went up 2.1 percent.

2019-10-01
Singapore Private Home Prices Rise for 2nd Quarter
Private home prices in Singapore rose by 0.9 percent in the three months ended in September 2019, slowing from a 1.5 percent growth in the previous period, a preliminary estimate showed. This was the second straight quarter of growth in private home prices, as cost of of non-landed property slowed (1.7 percent vs 2 percent in Q2). At the same time, prices of landed property fell much steeper (-2.2 percent vs -0.1 percent). Year-on-year, private home prices went up 1.7 percent.

2019-07-26
Singapore Private Home Prices Revised Higher in Q2
Private home prices in Singapore were revised higher to 1.5 percent quarter-on-quarter in the three months ended in June 2019 from a preliminary estimate of 1.3 percent and rebounding from a 0.7 percent fall in the prior period, final data showed. Prices of non-landed properties rebounded strongly (2 percent vs -1.1 percent in Q1), supported by an upturn in both the Core Central Region/CCR (2.3 percent vs -3 percent) and Rest Central Region/RCR (3.5 percent vs -0.7 percent); and a faster increase in those in the Outside Central Region/OCR (0.4 percent vs 0.2 percent). Meantime, prices of landed property declined by 0.1 percent, shifting from a 1.1 percent advance in the prior quarter.

2019-07-01
Singapore Home Prices Rebound in Q2
Private home prices in Singapore increased by 1.3 percent quarter-on-quarter in the second quarter of 2019, after a 0.7 percent decline in the previous period, a preliminary figure showed. It was the first quarterly increase in private home prices since the third quarter last year, amid government's efforts to impose additional property curbs. Prices of non-landed properties rose by 1.6 percent, reversing a 1.1 percent fall in the prior period. Among this category, prices rebound for both: Core Central Region/CCR (1.5 percent vs -3 percent in Q1) and Rest Central Region/RCR (3 percent vs -0.7 percent) while those of Outside Central Region/OCR rose faster (0.5 percent (vs 0.2 percent in Q1). Meantime, prices of landed property went up by 0.2 percent, easing from a 1.1 percent in the first quarter.

2019-04-26
Singapore Home Prices Fall More than Initially Anticipated
Private home prices in Singapore dropped by 0.7 percent quarter-on-quarter in the first quarter of 2019, compared to the preliminary figure of a 0.6 percent fall and after a 0.1 percent decline in the previous period. It was the second straight quarterly decrease in private home prices, amid government's efforts to impose additional property curbs. Prices of non-landed properties declined by 1.1 percent, reversing a 0.5 percent rise in the prior period. Among this category, prices fell for both Core Central Region/CCR (-3 percent vs -1 percent in Q4) and Rest Central Region/RCR (-0.7 percent vs 1.8 percent) while those of Outside Central Region/OCR rose by 0.2 percent (vs 0.7 percent in Q4). Meantime, prices of landed property increased by 1.1 percent, swinging from a 2 percent drop in the fourth quarter.


Singapore Residential Property Price Index
In Singapore, Housing Index is measured by all residential property price index.

Singapore Housing Last Previous Highest Lowest Unit
Housing Index 153.60 152.80 154.60 8.90 points [+]
New Home Sales 1270.00 1123.00 2793.00 230.00 Units [+]
Home Ownership Rate 91.00 90.70 93.10 58.80 percent [+]