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. Housing Index in Singapore averaged 78.33 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.

Housing Index in Singapore is expected to be 151.00 Index 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 153.00 in 12 months time. In the long-term, the Singapore Residential Property Price Index is projected to trend around 166.00 Index Points in 2020, according to our econometric models.

Singapore Residential Property Price Index
Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-02 12:30 AM URA Property Index QoQ Prel -0.1% 0.5%
2019-01-25 12:30 AM URA Property Index QoQ Final -0.1% 0.5% -0.1% -0.1%
2019-04-01 12:30 AM URA Property Index QoQ Prel -0.6% -0.1%
2019-04-26 12:30 AM URA Property Index QoQ Final -0.7% -0.1% -0.6%
2019-07-02 12:30 AM URA Property Index QoQ Prel -0.7%
2019-07-27 12:30 AM URA Property Index QoQ Final -0.7%
2019-10-01 12:30 AM URA Property Index QoQ Prel

Singapore Housing Last Previous Highest Lowest Unit
Housing Index 148.60 149.60 154.60 8.90 Index Points [+]
New Home Sales 735.00 1054.00 2793.00 230.00 Units [+]
Home Ownership Rate 91.00 90.70 93.10 58.80 percent [+]

Singapore Residential Property Price Index

In Singapore, Housing Index is measured by all residential property price index. 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 - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
148.60 149.60 154.60 8.90 1975 - 2019 Index Points Quarterly
NSA 2009Q1=100

Country Last Previous
Argentina 735.30 Apr/19
Australia -3.00 Mar/19
Brazil 129.60 Apr/19
Canada 103.20 Apr/19
China 10.70 May/19
Euro Area 114.04 Dec/18
France 108.50 Dec/18
Germany 160.02 May/19
India 107.00 Sep/18
Indonesia 209.46 Jun/19
Italy 98.20 Dec/18
Japan 114.22 Feb/19
Netherlands 129.80 Apr/19
Russia 6.30 Dec/18
Saudi Arabia 80.40 Dec/18
Singapore 148.60 Mar/19
South Korea 99.60 May/19
Spain 1636.30 Mar/19
Switzerland 167.20 Mar/19
Turkey 109.30 Mar/19
United Kingdom 769.80 May/19
United States 0.10 Mar/19