Private home prices in Singapore dropped by 0.6 percent quarter-on-quarter in the March quarter of 2019, after a 0.1 percent fall in the previous period, the preliminary estimate showed. It was the second straight quarterly decline in private home prices and marking the biggest decline since 2016, amid efforts from government to impose additional property curbs. Prices of non-landed properties decreased 1 percent, following a 0.5 percent rise in the prior period. Among this category, prices fell for both core central region (-2.9 percent vs -1.0 percent) and central region (-0.2 percent vs 1.8 percent) while those of outside central region were flat (vs 0.7 percent). Meantime, prices of landed property increased by 1.1 percent, following a 2 percent fall 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
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-26 12:30 AM URA Property Index QoQ Final 0.5% 3.4%
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 -0.1% -0.6%
2019-07-02 12:30 AM URA Property Index QoQ Prel
2019-07-27 12:30 AM URA Property Index QoQ Final


Singapore Housing Last Previous Highest Lowest Unit
Housing Index 148.70 149.60 154.60 8.90 Index Points [+]
New Home Sales 455.00 436.00 2793.00 230.00 Units [+]
Home Ownership Rate 90.70 90.90 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
148.70 149.60 154.60 8.90 1975 - 2019 Index Points Quarterly
NSA 2009Q1=100




Country Last Previous
Argentina 702.68 Feb/19
Australia -2.40 Dec/18
Brazil 129.40 Feb/19
Canada 103.20 Feb/19
China 10.60 Mar/19
Euro Area 114.04 Dec/18
France 108.50 Dec/18
Germany 154.14 Feb/19
India 107.00 Sep/18
Indonesia 208.22 Mar/19
Italy 98.20 Dec/18
Japan 110.89 Dec/18
Netherlands 128.70 Feb/19
Russia 6.30 Dec/18
Saudi Arabia 80.40 Dec/18
Singapore 148.70 Mar/19
South Korea 99.80 Mar/19
Spain 1618.80 Dec/18
Switzerland 167.01 Dec/18
Turkey 271.30 Jan/19
United Kingdom 754.70 Mar/19
United States 0.60 Jan/19


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