Private home prices in Singapore dropped by 0.1 percent quarter-on-quarter in the December quarter of 2018, in line with the preliminary figure and after a 0.5 percent rise in the previous period, final data showed. It marked the first quarterly decline in private home prices since the second quarter of 2017, amid efforts from government to impose additional property curbs. Prices of landed property fell by 2 percent, following a 2.3 percent gain in the third quarter. Meantime, prices of non-landed properties rose 0.5 percent, following a flat reading in the prior period. Among this category, prices decreased in the core central region (-1 percent vs 1.3 percent), but rebounded in the rest of central region (1.8 percent vs -1.3 percent) and in the outside central region (0.7 percent vs -0.1 percent). Considering 2018 full year, prices rose 7.9 percent, compared with a 1.1 percent increase in 2017. Housing Index in Singapore averaged 77.52 Index Points from 1975 until 2018, 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 152.00 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 154.00 in 12 months time. In the long-term, the Singapore Residential Property Price Index is projected to trend around 156.00 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
2018-10-01 12:30 AM URA Property Index QoQ Prel 0.5% 3.4% 3.6%
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 -0.1%
2019-04-26 12:30 AM URA Property Index QoQ Final -0.1%
2019-07-02 12:30 AM URA Property Index QoQ Prel

Singapore Housing Last Previous Highest Lowest Unit
Housing Index 149.60 149.70 154.60 8.90 Index Points [+]
New Home Sales 1198.00 487.00 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
149.60 149.70 154.60 8.90 1975 - 2018 Index Points Quarterly
NSA 2009Q1=100

Country Last Previous
Argentina 615.24 Jan/19
Australia -2.40 Dec/18
Brazil 129.10 Dec/18
Canada 103.20 Jan/19
China 10.40 Feb/19
Euro Area 113.37 Sep/18
France 108.68 Sep/18
Germany 154.14 Feb/19
India 107.00 Sep/18
Indonesia 208.22 Mar/19
Italy 98.40 Sep/18
Japan 112.09 Nov/18
Netherlands 128.70 Feb/19
Russia 1.00 Dec/17
Saudi Arabia 80.40 Dec/18
Singapore 149.60 Dec/18
South Korea 99.90 Feb/19
Spain 1618.80 Dec/18
Switzerland 167.01 Dec/18
Turkey 271.30 Jan/19
United Kingdom 766.40 Feb/19
United States 0.30 Dec/18