As of the fourth quarter of 2024, the resale price index of residential units from the Housing Development Board (HDB) in Singapore was at 197.9, which means that HDB resale flat prices increased by 97.9 percent since the first quarter of 2009. The index tracks the overall price movement of the public residential market, compared to the base value from the first quarter of 2009, when the index value was equal to 100.

Dataset from Housing & Development Board. For more information, visit https://data.gov.sg/datasets/d_14f63e595975691e7c24a27ae4c07c79/view

Housing Index in Singapore increased to 204.50 points in the first quarter of 2024 from 201.50 points in the fourth quarter of 2023. This dataset 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.

The commercial statistics were compiled from information in caveats lodged at the option stage with the Singapore Land Registry. A caveat is normally lodged by a purchaser to protect his/her interest of a property shortly after the option to purchase is exercised. The prices in 1998-Q4 are used as the base reference price of the index (i.e. the index for 1998-Q4 assumes a value of 100).The indices are compiled based on a Moving Average weight method, whereby the value of properties transacted in the past 12 quarters are used as weights.

The residential rental index covers only private residential properties. It does not cover HDB flats.

The rental index is computed from information obtained in returns filed with the Inland Revenue Authority of Singapore (IRAS). When a property is let out, the property owner has to inform IRAS the details of the tenancy agreement. Besides an overall rental index for private residential properties, sub-indices for landed and non-landed properties are also compiled. From the 2015-Q1, a “stratified hedonic regression methodology” is used to compute the rental indices. Under this method, variations in the attributes of rental private properties transacted such as age and unit size are controlled for by using hedonic regression and rental movements are aggregated using 5-quarter fixed weights to derive the aggregate rental change.

零售价格指数：住房发展委员会（1998年第4季度=100）在09-01-2014达192.4001998年4季度=100，相较于06-01-2014的195.7001998年4季度=100有所下降。零售价格指数：住房发展委员会（1998年第4季度=100）数据按季更新，03-01-1990至09-01-2014期间平均值为104.9001998年4季度=100，共99份观测结果。该数据的历史最高值出现于06-01-2013，达206.6001998年4季度=100，而历史最低值则出现于03-01-1990，为33.6001998年4季度=100。CEIC提供的零售价格指数：住房发展委员会（1998年第4季度=100）数据处于定期更新的状态，数据来源于Housing & Development Board，数据归类于Global Database的新加坡 – 表 SG.E030：转售单位统计：住房发展委员会（HDB）。

Peak Square Pte Ltd (PSPL) is undertaken the construction of an executive condominium complex in Singapore.The project involves the construction of a 143,000m2 residential complex comprising 12 buildings with 747 residential units on a site area of 24,065m2. It includes the construction of three buildings of 13- to 16-story, nine 17-story buildings, 544 three-bedroom units, 193 four-bedroom units, 10 five-bedroom units and two-level 747 car parking facility.The project also includes the construction of a 32-seat function room, a waterfront gym, meditation terrace, origami pool and clubhouse, a sports bar, a beach cabana, a dining pavilion, kids area, swimming pools, a tennis court, a games room, a 50m beach pool, an outdoor deck, BBQ facilities, boardwalk and meditation terrace, clubs, access roads and related infrastructure, and the installation of elevators, and safety and security devices. Kheng Leong has been appointed as associated developer, DP Architects Pte Ltd as an architect, Salad Dressing as a landscape architect and Index Design Pte Ltd as an interior designer.On August 2, 2013, Housing and Development Board (HDB) sold the land parcel to PSPL, on 99-years leasehold.On May 4, 2014, China Construction (SP) Development Co. Pte Ltd was awarded US$188 million construction contract.On May 16, 2014, construction work commenced.Construction works are underway and scheduled to be completed by March 2018.Stakeholder Information: Planning Authority: Urban Redevelopment Authority (Singapore)Associated Developer: Kheng LeongArchitect: DP Architects Pte LtdLandscape Architect: Salad DressingInterior Design: Index Design Pte LtdMain Contractor: China Construction (SP) Development Co Pte Ltd Read More