Private home prices in Singapore increased by 3.5 percent quarter-on-quarter in the three months to June of 2022, compared with the preliminary reading of a 3.2 percent growth and after a final a 0.7 percent rise in the previous quarter. The latest figure marked the ninth straight quarter of increases in private home prices, largely linked to a sharp bounce in cost of non-landed property (3.6 percent vs -0.3 percent in Q1). Meantime, cost of landed property moderated (2.9 percent vs 4.2 percent). Going forward, the upward momentum may be threatened by worries over rising cost of living and higher interest rates. In 2021, private home prices jumped 10.6 percent, way faster than a 2.2 percent rise a year earlier. source: Urban Redevelopment Authority

Housing Index in Singapore averaged 83.98 points from 1975 until 2022, reaching an all time high of 180.40 points in the second 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 September of 2022.

Housing Index in Singapore is expected to be 170.00 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 180.00 points in 2023, according to our econometric models.

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Singapore Residential Property Price Index



Calendar GMT Actual Previous Consensus TEForecast
2022-07-01 01:00 AM URA Property Index QoQ Prel Q2 3.2% 0.7% 1.1%
2022-07-22 12:30 AM URA Property Index QoQ Final Q2 3.5% 0.7% 3.2%


Related Last Previous Unit Reference
Housing Index 180.40 174.80 points Jun 2022
New Home Sales 488.00 1355.00 Units Jun 2022

Singapore Residential Property Price Index
In Singapore, Housing Index is measured by all residential property price index.
Actual Previous Highest Lowest Dates Unit Frequency
180.40 174.80 180.40 8.90 1975 - 2022 points Quarterly
NSA 2009Q1=100

News Stream
Singapore Q1 Private Home Prices Revised Higher
Private home prices in Singapore increased by 3.5 percent quarter-on-quarter in the three months to June of 2022, compared with the preliminary reading of a 3.2 percent growth and after a final a 0.7 percent rise in the previous quarter. The latest figure marked the ninth straight quarter of increases in private home prices, largely linked to a sharp bounce in cost of non-landed property (3.6 percent vs -0.3 percent in Q1). Meantime, cost of landed property moderated (2.9 percent vs 4.2 percent). Going forward, the upward momentum may be threatened by worries over rising cost of living and higher interest rates. In 2021, private home prices jumped 10.6 percent, way faster than a 2.2 percent rise a year earlier.
2022-07-22
Singapore Home Prices Rise 3.2% QoQ in Q2
Private home prices in Singapore surged by 3.2 percent quarter-on-quarter in the three months to June of 2022, following a 0.7 percent rise in the previous period. The latest figure marked the ninth straight quarter of increases in private home prices, amid a rebound sharply in prices of non-landed property (3.3 percent vs -0.3 percent in Q1). Meanwhile, prices of landed properties continued to increase (2.9 percent vs 4.2 percent). Last year, private home prices rose by 10.6 percent, sharply picking up from a 2.2 percent growth in 2020.
2022-07-01
Singapore Home Price Growth Slows Less than Initially Thought
Private home prices in Singapore rose by 0.7 percent quarter-on-quarter in the three months to March of 2022, compared with the preliminary reading of a 0.4 percent growth and after a 5.0 percent expansion in the previous period. The latest figure marked the eighth straight quarter of increases in private home prices, amid a decline in prices of non-landed property (-0.3 percent vs 5.3 percent in Q4) due to property curbs, higher taxes, and headwinds from the war in Ukraine. Meanwhile, prices of landed properties went up faster (4.2 percent vs 3.9 percent). Last year, private home prices rose by 10.6 percent, sharply picking up from a 2.2 percent growth in 2020.
2022-04-22