Singapore property price index, private residential (Q4 1998=100)
House prices in Singapore.
The Urban Redevelopment Authority (URA) publishes a private residential property price index for Singapore on a quarterly basis. The series starts in 1998.
House prices in Singapore, % change 1 yr
Nominal and inflation-adjusted ('real')
Quarterly change in house prices, inflation-adjusted
| Q1 | Q2 | Q3 | Q4 | |
| 2025 | 0.81% | 0.67% | 0.70% | -0.07% |
| 2024 | 0.96% | 0.56% | -1.25% | 2.20% |
| 2023 | 2.06% | -1.17% | -0.13% | 1.94% |
| 2022 | -0.96% | 1.47% | 1.86% | -0.49% |
| 2021 | 2.49% | 0.10% | 0.52% | 3.40% |
| 2020 | -0.91% | 1.14% | 0.40% | 1.68% |
| 2019 | -0.86% | 1.21% | 1.39% | 0.29% |
| 2018 | 3.71% | 3.42% | 0.10% | -0.02% |
| 2017 | -0.76% | 0.02% | 0.73% | 0.64% |
| 2016 | -0.50% | -0.18% | -1.82% | -0.66% |
| 2015 | -0.94% | -0.73% | -1.10% | -0.23% |
| 2014 | -1.44% | -0.99% | -0.73% | -0.92% |
| 2013 | -0.62% | 2.28% | -0.72% | -1.78% |
| 2012 | -1.33% | -0.61% | -0.30% | 1.09% |
| 2011 | 0.38% | 1.22% | -0.63% | -0.63% |
| 2010 | 4.96% | 4.06% | 1.71% | 1.80% |
| 2009 | -13.23% | -3.81% | 14.75% | 7.00% |
| 2008 | 2.40% | -2.02% | -3.67% | -6.76% |
| 2007 | 5.83% | 6.75% | 5.93% | 5.12% |
| 2006 | 1.77% | 1.67% | 2.34% | 3.44% |
| 2005 | 1.22% | 0.23% | 0.47% | 0.85% |
| 2004 | -1.26% | -0.33% | 0.03% | 0.79% |
| 2003 | -1.17% | -0.42% | -0.82% | -0.31% |
| 2002 | -1.01% | -1.05% | 0.48% | -0.37% |
| 2001 | -4.47% | -0.75% | -3.01% | -3.79% |
| 2000 | 2.38% | 1.63% | -3.62% | -3.22% |
| 1999 | 5.33% | 11.56% | 7.88% | 5.26% |
| 1998 | -7.89% | -12.96% | -8.51% |
This table shows the change in house prices during a single quarter, adjusted for inflation.
Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.
Yearly change in house prices, nominal and inflation-adjusted
| Year | Inflation Adjusted | Nominal Change |
| 2025 | 2.12% | 3.34% |
| 2024 | 2.47% | 3.92% |
| 2023 | 2.70% | 6.84% |
| 2022 | 1.87% | 8.64% |
| 2021 | 6.63% | 10.57% |
| 2020 | 2.32% | 2.21% |
| 2019 | 2.03% | 2.67% |
| 2018 | 7.34% | 7.86% |
| 2017 | 0.63% | 1.09% |
| 2016 | -3.13% | -3.11% |
| 2015 | -2.97% | -3.67% |
| 2014 | -4.02% | -4.05% |
| 2013 | -0.88% | 1.12% |
| 2012 | -1.16% | 2.78% |
| 2011 | 0.33% | 5.89% |
| 2010 | 13.08% | 17.57% |
| 2009 | 2.48% | 1.72% |
| 2008 | -9.88% | -4.67% |
| 2007 | 25.80% | 31.15% |
| 2006 | 9.52% | 10.18% |
| 2005 | 2.80% | 3.94% |
| 2004 | -0.78% | 0.87% |
| 2003 | -2.70% | -2.07% |
| 2002 | -1.94% | -1.79% |
| 2001 | -11.53% | -11.70% |
| 2000 | -2.95% | -1.04% |
| 1999 | 33.43% | 34.13% |
This table shows how house prices have changed over each year. It compares the latest quarter or month of a given year with the same period the year before, so you can quickly see whether prices went up or down over that year.
