Private home prices in Singapore increased by 3.8 percent quarter-on-quarter in the three months to September of 2022, compared with a flash estimate of 3.4 percent and after a final of 3.5 percent growth in the prior period. This was the tenth straight quarter of increases in private home prices, with cost of non-landed property rising faster (4.4 percent vs 3.6 percent in Q2) while prices of landed property eased (1.6 percent vs 2.9 percent). However, the upward momentum going forward may be threatened by worries over rising cost of living and higher interest rates. Meantime, the government has tightened lending limits for housing loans to ensure "prudent borrowing" and "avoid future difficulties". source: Urban Redevelopment Authority
Housing Index in Singapore averaged 84.53 points from 1975 until 2022, reaching an all time high of 187.10 points in the third quarter of 2022 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 November of 2022.
Housing Index in Singapore is expected to be 190.00 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 193.00 points in 2023 and 197.00 points in 2024, according to our econometric models.