Select a country

Singapore (National) House Price Index

Singapore

Source: Urban Redevelopment Authority

House prices in Singapore, % change 1 yr

Nominal and inflation-adjusted ('real')

Singapore

Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
20241.21%0.28%
20232.07%-1.17%-0.12%1.97%
2022-0.96%1.47%1.86%-0.48%
20212.49%0.09%0.53%3.41%
2020-0.91%1.15%0.40%1.69%
2019-0.86%1.21%1.39%0.29%
20183.71%3.42%0.10%-0.02%
2017-0.75%0.02%0.74%0.63%
2016-0.51%-0.18%-1.82%-0.66%
2015-0.94%-0.73%-1.11%-0.23%
2014-1.43%-0.99%-0.73%-0.91%
2013-0.61%2.29%-0.73%-1.78%
2012-1.33%-0.61%-0.30%1.09%
20110.38%1.23%-0.62%-0.64%
20104.95%4.05%1.71%1.80%
2009-13.23%-3.82%14.75%7.01%
20082.41%-2.02%-3.67%-6.76%
20075.83%6.75%5.93%5.12%
20061.77%1.67%2.34%3.44%
20051.23%0.23%0.47%0.84%
2004-1.26%-0.33%0.03%0.80%
2003-1.18%-0.41%-0.81%-0.32%
2002-1.01%-1.05%0.48%-0.38%
2001-4.47%-0.75%-3.00%-3.79%
20002.37%1.63%-3.62%-3.22%
19995.33%11.56%7.87%5.27%
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

YearInflation AdjustedNominal Change
20232.74%6.84%
20221.87%8.64%
20216.64%10.57%
20202.33%2.21%
20192.03%2.67%
20187.34%7.86%
20170.63%1.09%
2016-3.13%-3.11%
2015-2.97%-3.67%
2014-4.00%-4.05%
2013-0.87%1.12%
2012-1.16%2.78%
20110.33%5.89%
201013.08%17.57%
20092.48%1.72%
2008-9.88%-4.67%
200725.81%31.15%
20069.54%10.18%
20052.80%3.94%
2004-0.78%0.87%
2003-2.70%-2.07%
2002-1.95%-1.79%
2001-11.52%-11.70%
2000-2.95%-1.04%
199933.45%34.13%

The yearly changes table looks at the last quarter's/month's index values for a given year and compares it with the same quarter/month of the previous year to gauge the change in house prices during that given year.


Subscribe to Global Property Guide

Access up-to-date real estate data and statistics.

Get behind the paywall and more...

Get the data behind 70+ countries for $29 per month.
Latest Market Reports
Rental Yields
House Price Indices
Rent Price Indices
Square Meter Prices
Median Prices and Rents
Mortgage Rates
Property Taxes
Investment Properties
Quarterly Market Overviews