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Singapore Residential Property Price Index

Singapore's Residential Property Price Index (SRPI) reached an all-time high of 215 points in Q3 2025, a 0.9% increase from 213 points in Q2 2025. New home sales surged due to strong take-up of new launches, lower interest rates and wealth effects from global equity markets. The Core Central Region saw the steepest price increase of 2.4%. Transaction volume rose by 28.6% quarter-on-quarter to 6,594 units as developers launched new projects. Singapore's record low Residential Property Price Index was 136.6 points in Q2 2017 and record high was 215 points in Q3 2025.

Quarterly Historical Data (2015-2025)

(in points)
Quarter Residential Property Price Index (points)
Q3 2025 215
Q2 2025 213
Q1 2025 211
Q4 2024 209.4
Q3 2024 204.7
Q2 2024 206.1
Q1 2024 204.5
Q4 2023 201.5
Q3 2023 196
Q2 2023 194.4
Q1 2023 194.8
Q4 2022 188.6
Q3 2022 187.8
Q2 2022 180.9
Q1 2022 174.8
Q4 2021 173.6
Q3 2021 165.3
Q2 2021 163.5
Q1 2021 162.2
Q4 2020 157
Q3 2020 153.8
Q2 2020 152.6
Q1 2020 152.1
Q4 2019 153.6
Q3 2019 152.8
Q2 2019 150.8
Q1 2019 148.6
Q4 2018 149.6
Q3 2018 149.7
Q2 2018 149
Q1 2018 144.1
Q4 2017 138.7
Q3 2017 137.6
Q2 2017 136.6
Q1 2017 136.7
Q4 2016 137.2
Q3 2016 137.9
Q2 2016 140
Q1 2016 140.6
Q4 2015 141.6
Q3 2015 142.3
Singapore Residential Property Price Index : Definition
The Singapore residential property price index tracks price changes for residential properties in Singapore. The Urban Redevelopment Authority calculates it by comparing current property values to a base period value, showing movements in points.
Indicator Last Value Prior Value Period
Private Home Sales 255 units 2,142 units Sep'25