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Singapore home prices see slight increase, but outlook expected to be flat

Samantha Chiew
Samantha Chiew • 4 min read
Singapore home prices see slight increase, but outlook expected to be flat
SINGAPORE (Oct 1): Singapore’s private residential property index has increased by 1.4 points from 150.8 points in 2Q19 to 152.2 points in 3Q19, representing a 0.9% increase, compared to a 1.5% increase last quarter.
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SINGAPORE (Oct 1): Singapore’s private residential property index has increased by 1.4 points from 150.8 points in 2Q19 to 152.2 points in 3Q19, representing a 0.9% increase, compared to a 1.5% increase last quarter.

The data is part of the flash estimate of the price index for private residential property for 3Q19 released by the Urban Redevelopment Authority (URA) on Tuesday.

The report also showed that prices of non-landed private residential properties grew by 2.9% in the core central region (CCR), compared to a 2.3% increase in the previous quarter. The rest of central region (RCR) saw prices increase by 1.6%, compared to a 3.5% increase in 2Q19.

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