URA's website and e-services will undergo maintenance on 23 Oct 2021 (Sat) from 12am to 3am and will be unavailable during this period. We apologise for any inconvenience caused.

The Singapore City Gallery will be closed until further notice. Coupon dropbox service is available at Level 1 of The URA Centre from Monday to Friday, 8.30am to 5pm (except public holidays). Members of the public must adhere to safe management measures while at The URA Centre.

URA releases flash estimate of 3rd Quarter 2021 private residential property price index

  Published: 01 October 2021

The Urban Redevelopment Authority (URA) released the flash estimate of the price index for private residential property for 3rd Quarter 2021 today.

Overall, the private residential property index increased by 1.5 points from 163.5 points in 2nd Quarter 2021 to 165.0 points in 3rd Quarter 2021. This represents an increase of 0.9%, compared to the 0.8% increase in the previous quarter (see Annex A [PDF, 7kb] and Annex B [PDF, 9kb]).

Prices of non-landed private residential properties in the Core Central Region (CCR) decreased by 0.6%, compared to the 1.1% increase in the previous quarter. Prices in the Rest of Central Region (RCR) increased by 2.2%, compared to the 0.1% increase in the previous quarter. Prices in Outside Central Region (OCR) decreased by 0.2%, compared to the 1.9% increase in the previous quarter (see Annex C [PDF, 10kb]).

The flash estimates are compiled based on transaction prices given in contracts submitted for stamp duty payment and data on units sold by developers up till mid-September. The statistics will be updated on 22 October 2021 when URA releases its full set of real estate statistics for 3rd Quarter 2021. Past data have shown that the difference between the quarterly price changes indicated by the flash estimate and the actual price changes could be significant when the change is small. The public is advised to interpret the flash estimates with caution.

Top