Singapore House Prices Growth

1976 - 2024 | Quarterly | % | CEIC Data

Key information about House Prices Growth

  • Singapore house prices grew 3.9% YoY in Dec 2024, following an increase of 4.4% YoY in the previous quarter.
  • YoY growth data is updated quarterly, available from Mar 1976 to Dec 2024, with an average growth rate of 4.9%.
  • House price data reached an all-time high of 102.0% in Mar 1981 and a record low of -34.0% in Dec 1998.

CEIC calculates House Prices Growth from quarterly Private Residential Property Price Index. Urban Redevelopment Authority provides Private Residential Property Price Index with base 1Q2009=100.

View Singapore's House Prices Growth from Mar 1976 to Dec 2024 in the chart:

Singapore House Prices Growth

What was Singapore's House Prices Growth in Dec 2024?

Singapore house prices grew 3.9% YoY in Dec 2024, following an increase of 4.4% YoY in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
3.9 Dec 2024 4.4 Sep 2024 -34.0 Dec 1998 102.0 Mar 1981 % quarterly Mar 1976 - Dec 2024

House Prices Growth by Country Comparison

country/region Last Frequency Range
Australia (%) 2.9 Dec 2024 quarterly Sep 2004 - Dec 2024
Austria (%) -2.1 Dec 2024 quarterly Sep 1987 - Dec 2024
Belarus (%) -2.5 Dec 2021 quarterly Mar 2010 - Dec 2021
Belgium (%) 3.8 Sep 2024 quarterly Mar 1974 - Sep 2024
Bosnia and Herzegovina (%) 17.0 2022 yearly 2009 - 2022
Brazil (%) 8.2 Feb 2025 monthly Jan 2009 - Feb 2025
Brunei (%) -3.9 Sep 2024 quarterly Mar 2016 - Sep 2024
Bulgaria (%) 15.1 Jun 2024 quarterly Mar 2006 - Jun 2024
Canada (%) 0.1 Jan 2025 monthly Jan 1982 - Jan 2025
Chile (%) -1.7 Sep 2024 monthly Jan 2004 - Sep 2024
China (%) -4.1 Dec 2024 monthly Mar 1999 - Dec 2024
Colombia (%) 9.1 Dec 2024 quarterly Mar 1998 - Dec 2024
Croatia (%) 1.8 Dec 2023 semiannually Jun 1996 - Dec 2023
Cyprus (%) 6.5 Sep 2024 quarterly Mar 2007 - Sep 2024
Czech Republic (%) 1.0 Mar 2023 quarterly Mar 2006 - Mar 2023
Denmark (%) 12.3 Jan 2022 monthly Jan 2007 - Jan 2022
Estonia (%) 7.8 Mar 2025 quarterly Sep 2004 - Mar 2025
European Union (%) 3.8 Sep 2024 quarterly Mar 2006 - Sep 2024
Finland (%) 2.0 Dec 2017 quarterly Mar 2011 - Dec 2017
France (%) -3.5 Sep 2024 quarterly Mar 2001 - Sep 2024
Georgia (%) 7.8 Jun 2021 monthly May 2016 - Jun 2021
Germany (%) -0.7 Sep 2024 quarterly Mar 2001 - Sep 2024
Greece (%) 7.3 Sep 2024 quarterly Mar 2000 - Sep 2024
Hong Kong SAR, China (%) -6.4 Jan 2025 monthly Jan 1994 - Jan 2025
Hungary (%) 12.2 Sep 2024 quarterly Mar 2008 - Sep 2024
Iceland (%) 7.9 Feb 2025 monthly Mar 2001 - Feb 2025
India (%) 2.6 Sep 2024 quarterly Mar 2011 - Sep 2024
Indonesia (%) 1.4 Dec 2024 quarterly Mar 2003 - Dec 2024
Ireland (%) 8.7 Dec 2024 monthly Jan 2006 - Dec 2024
Israel (%) 7.3 Nov 2024 monthly Jan 1995 - Nov 2024
Italy (%) 3.9 Sep 2024 quarterly Mar 2011 - Sep 2024
Japan (%) 4.3 Nov 2024 monthly Apr 2009 - Nov 2024
Kazakhstan (%) 5.9 Feb 2025 monthly Nov 2013 - Feb 2025
South Korea (%) -0.2 Feb 2025 monthly Jan 1987 - Feb 2025
Latvia (%) 17.3 Mar 2022 quarterly Mar 2007 - Mar 2022
Lithuania (%) 13.1 Mar 2023 quarterly Mar 2007 - Mar 2023
Luxembourg (%) -1.7 Sep 2024 quarterly Mar 2008 - Sep 2024
North Macedonia (%) 4.7 Mar 2024 quarterly Mar 2001 - Mar 2024
Malaysia (%) 1.4 Dec 2024 quarterly Mar 2000 - Dec 2024
Malta (%) 4.1 Sep 2024 quarterly Mar 2001 - Sep 2024
Mexico (%) 8.8 Dec 2024 quarterly Mar 2006 - Dec 2024
Mongolia (%) 13.7 Dec 2024 quarterly Mar 2023 - Dec 2024
Montenegro (%) 8.2 Dec 2024 quarterly Mar 2012 - Dec 2024
Morocco (%) 0.8 Dec 2024 quarterly Mar 2007 - Dec 2024
Netherlands (%) 11.5 Jan 2025 monthly Jan 1996 - Jan 2025
New Zealand (%) -0.9 Sep 2024 quarterly Dec 1990 - Sep 2024
Norway (%) 4.8 Dec 2024 quarterly Mar 1993 - Dec 2024
Palestinian Territory (%) -0.4 Dec 2024 quarterly Mar 2019 - Dec 2024
Peru (%) 7.0 Dec 2021 quarterly Dec 2008 - Dec 2021
Philippines (%) -2.3 Sep 2024 quarterly Mar 2015 - Sep 2024
Poland (%) 16.3 Sep 2024 quarterly Dec 2006 - Sep 2024
Portugal (%) 9.8 Sep 2024 quarterly Mar 2010 - Sep 2024
Romania (%) 7.0 Sep 2022 quarterly Mar 2010 - Sep 2022
Russia (%) 11.8 Dec 2022 quarterly Mar 2006 - Dec 2022
Serbia (%) 0.7 Jun 2024 semiannually Jun 1995 - Jun 2024
Singapore (%) 3.9 Dec 2024 quarterly Mar 1976 - Dec 2024
Slovakia (%) 6.7 Dec 2024 quarterly Mar 2006 - Dec 2024
Slovenia (%) 7.9 Sep 2024 quarterly Mar 2008 - Sep 2024
South Africa (%) 7.3 Nov 2016 monthly Jan 1967 - Nov 2016
Spain (%) 7.7 Feb 2025 monthly Jan 2002 - Feb 2025
Sweden (%) 2.6 Dec 2024 quarterly Mar 1987 - Dec 2024
Switzerland (%) 0.9 Dec 2024 quarterly Mar 1971 - Dec 2024
Taiwan (%) 12.5 Sep 2024 quarterly Mar 2002 - Sep 2024
Thailand (%) 8.5 Sep 2021 monthly Mar 2009 - Sep 2021
Turkey (%) 29.4 Dec 2024 monthly Jan 2011 - Dec 2024
Ukraine (%) 10.5 Sep 2024 quarterly Mar 2017 - Sep 2024
United Kingdom (%) 3.8 Feb 2025 monthly Jan 1992 - Feb 2025
United States (%) 5.2 Dec 2024 quarterly Mar 1992 - Dec 2024

Singapore Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.4 Dec 2024 quarterly Mar 2012 - Dec 2024
Consolidated Fiscal Balance (USD mn) -675.584 Jan 2025 monthly Apr 2011 - Jan 2025
Tax Revenue (USD mn) 4,433.926 Jan 2025 monthly Aug 1987 - Jan 2025
Tax Revenue: % of GDP (%) 10.4 Dec 2024 quarterly Dec 1987 - Dec 2024
National Government Debt (USD mn) 926,486.2 Dec 2024 quarterly Mar 1990 - Dec 2024
Government Debt: % of GDP (%) 173.1 Dec 2024 quarterly Mar 1990 - Dec 2024
Forecast: Government Expenditure (SGD bn) 146.244 2030 yearly 1991 - 2030
Forecast: Government Net Debt (SGD bn) 1,597.757 2030 yearly 1991 - 2030
Forecast: Government Revenue (SGD bn) 169.136 2030 yearly 1991 - 2030
Govt Finance: Cash Surplus / Deficit (SGD mn) -919.200 Jan 2025 monthly Apr 2011 - Jan 2025
Govt Revenue: Operating (SGD mn) 6,815.900 Jan 2025 monthly Jan 2003 - Jan 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.333 2029 yearly 1980 - 2029
Trade Balance (USD mn) 2,158.2 Jan 2025 monthly Jan 1976 - Jan 2025
Total Exports (USD mn) 43,262.0 Jan 2025 monthly Jan 1976 - Jan 2025
Total Exports Growth (%) 6.2 Jan 2025 monthly Jan 1977 - Jan 2025
Aluminum: Exports (USD th) 482,034.010 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 8,750,013.495 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 9,962,678.423 2023 yearly 1995 - 2023
Total Imports (USD mn) 41,103.8 Jan 2025 monthly Jan 1964 - Jan 2025
Total Imports Growth (%) 14.8 Jan 2025 monthly Jan 1965 - Jan 2025
Imports: Medicament (USD th) 2,018,410.885 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 2,453,494.459 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 4,282.522 Jan 2025 monthly Jan 1976 - Jan 2025
Total Imports from USA (USD mn) 3,960.459 Jan 2025 monthly Jan 1976 - Jan 2025
Total Exports to China (USD mn) 4,458.474 Jan 2025 monthly Jan 1975 - Jan 2025
Total Imports from China (USD mn) 4,998.677 Jan 2025 monthly Jan 1975 - Jan 2025
Domestic Exports: Non Oil (SGD mn) 17,289.94 May 2018 monthly Jan 1976 - May 2018
Exports: Non Oil (SGD mn) 40,168.70 Jul 2018 monthly Jan 1964 - Jul 2018
Re Exports: Non Oil (SGD mn) 22,035.26 May 2018 monthly Jan 1976 - May 2018
Exports: Indonesia (SGD mn) 4,556.100 Jan 2025 monthly Jan 2003 - Jan 2025
Export Value Index (2015=100) 130.084 2021 yearly 1980 - 2021
Import Value Index (2015=100) 136.736 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 12,847.4 Sep 2024 quarterly Mar 1995 - Sep 2024
Current Account Balance (USD mn) 21,619.8 Dec 2024 quarterly Mar 1986 - Dec 2024
Current Account Balance: % of GDP (%) 15.3 Dec 2024 quarterly Mar 1986 - Dec 2024
Foreign Direct Investment (USD mn) 45,589.0 Dec 2024 quarterly Mar 1995 - Dec 2024
Foreign Direct Investment: % of GDP (%) 32.3 Dec 2024 quarterly Mar 1995 - Dec 2024
Foreign Portfolio Investment (USD mn) 7,653.178 Dec 2024 quarterly Mar 1995 - Dec 2024
Foreign Portfolio Investment: % of GDP (%) 5.4 Dec 2024 quarterly Mar 1995 - Dec 2024
External Debt (USD mn) 2,153,029.1 Sep 2024 quarterly Jun 2003 - Sep 2024
External Debt: % of GDP (%) 391.1 2023 yearly 2003 - 2023
External Debt: Short Term (USD mn) 1,370,855.0 Sep 2024 quarterly Jun 2003 - Sep 2024
External Debt: Short Term: % of GDP (%) 254.2 2023 yearly 2003 - 2023
Forecast: Current Account Balance (USD bn) 95.944 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 871,662.536 Sep 2024 quarterly Dec 2013 - Sep 2024
BoP: FA: Direct Investment: Liabilities (SGD mn) 60,759.500 Dec 2024 quarterly Mar 1995 - Dec 2024
BoP: FA: Others: Liabilities (SGD mn) 47,377.700 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: Official Reserves (OR): Net (SGD mn) -11,230.700 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: CA: Primary Income Balance (SGD mn) -32,453.200 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: CA: Primary Income Balance: Receipts (SGD mn) 62,901.300 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: Net Errors and Omissions (SGD mn) -974.300 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: CA: Goods: Exports (SGD mn) 201,807.200 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: FA: Direct Investment: Assets (SGD mn) 21,890.500 Dec 2024 quarterly Mar 1995 - Dec 2024
BoP: FA: Financial Derivatives (SGD mn) 1,654.800 Dec 2024 quarterly Mar 2006 - Dec 2024
BoP: FA: Portfolio Inv: Liabilities (SGD mn) 10,199.900 Dec 2024 quarterly Mar 1995 - Dec 2024
BoP: FA: Financial Derivatives: Liabilities (SGD mn) 6,433.800 Dec 2024 quarterly Mar 2006 - Dec 2024
BoP: CA: Goods: Imports (SGD mn) 153,207.100 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: FA: Financial Derivatives: Assets (SGD mn) 8,088.600 Dec 2024 quarterly Mar 2006 - Dec 2024
BoP: CA: Goods: Balance (SGD mn) 48,600.100 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: Current Account (CA) Balance (SGD mn) 28,814.100 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: FA: Portfolio Inv: Assets (SGD mn) 23,633.100 Dec 2024 quarterly Mar 1995 - Dec 2024
BoP: CA: Services: Exports (SGD mn) 136,388.600 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: CA: Services: Balance (SGD mn) 15,145.300 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: CA: Secondary Income Balance (SGD mn) -2,478.100 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: FA: Others (SGD mn) 62,851.500 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: CA: Primary Income Balance: Payment (SGD mn) 95,354.500 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: FA: Portfolio Investment (SGD mn) 13,433.200 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: CA: Services: Imports (SGD mn) 121,243.300 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: FA: Others: Assets (SGD mn) 110,229.200 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: FA: Direct Investment (SGD mn) -38,869.000 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: Financial Account (FA): Net (SGD mn) 39,070.500 Dec 2024 quarterly Mar 1986 - Dec 2024
BoP: FA: PI: Liabilities: Equity & Investment Fund Shares (SGD mn) -5,728.600 2018 yearly 1988 - 2018
BoP: FA: PI: Liabilities: Debt Securities (SGD mn) 1,256.600 2018 yearly 1988 - 2018
International Investment Position (IIP) (SGD mn) 1,108,209.700 Dec 2018 quarterly Dec 2013 - Dec 2018
External Debt: Gross: OL: DTC: Short Term (SGD mn) 1,409,972.100 Sep 2024 quarterly Jun 2003 - Sep 2024
External Debt: Gross: OL: OS: Short Term (SGD mn) 348,972.000 Sep 2024 quarterly Jun 2003 - Sep 2024
External Debt: Gross: OL: OS: Long Term (SGD mn) 313,756.800 Sep 2024 quarterly Jun 2003 - Sep 2024
External Debt: Gross: OL: DTC: Long Term (SGD mn) 187,451.200 Sep 2024 quarterly Jun 2003 - Sep 2024
External Debt: Gross (SGD mn) 2,762,551.700 Sep 2024 quarterly Jun 2003 - Sep 2024
Direct Investment Abroad: European Union (EU-27) (SGD mn) 234,607.400 2023 yearly 1994 - 2023
Foreign Direct Investment (FDI): Total (SGD mn) 2,843,105.600 2023 yearly 1998 - 2023
FDI: By Industry: Manufacturing (SGD mn) 279,941.300 2023 yearly 1998 - 2023
FDI: By Industry: Wholesale & Retail Trade (SGD mn) 411,137.600 2023 yearly 1998 - 2023
FDI: By Industry: Financial & Insurance Services (SGD mn) 1,788,363.400 2023 yearly 1998 - 2023
FDI: By Industry: Professinal, Administrative & Support Services (SGD mn) 135,762.400 2023 yearly 1998 - 2023
FDI: By Country: United Kingdom (SGD mn) 153,599.700 2023 yearly 1998 - 2023
FDI: By Country: Switzerland (SGD mn) 73,934.800 2023 yearly 1998 - 2023
FDI: By Country: Netherlands (SGD mn) 81,934.900 2023 yearly 1998 - 2023
FDI: By Country: United States (SGD mn) 692,307.300 2023 yearly 1998 - 2023
FDI: By Country: Japan (SGD mn) 181,047.100 2023 yearly 1998 - 2023
Business Entities (BE): Formation: Total (Number) 5,718.000 Jan 2025 monthly Jan 1970 - Jan 2025
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.3 Dec 2019 quarterly Dec 2008 - Dec 2019
Household Debt: % of GDP (%) 51.9 Dec 2024 quarterly Mar 1995 - Dec 2024
Non-Performing Loans (USD mn) 9,947.940 Dec 2019 quarterly Dec 2008 - Dec 2019
Money Supply M1 (USD mn) 365,823.695 Jan 2025 monthly Mar 2004 - Jan 2025
Money Supply M2 (USD mn) 994,068.268 Jan 2025 monthly Mar 2004 - Jan 2025
M2 Growth (%) 6.7 Jan 2025 monthly Mar 2005 - Jan 2025
Foreign Exchange Reserves (USD mn) 363,294.4 Jan 2025 monthly Apr 2000 - Jan 2025
Foreign Exchange Reserves: % of GDP (%) 65.403 Dec 2024 quarterly Jun 2000 - Dec 2024
Foreign Exchange Reserves: Months of Import (NA) 9.0 Jan 2025 monthly Apr 2000 - Jan 2025
Gold Reserves (USD mn) 5,953.300 Jan 2025 monthly Apr 2000 - Jan 2025
Total Deposits (USD mn) 1,423,704.045 Jan 2025 monthly Jan 1991 - Jan 2025
Total Deposits Growth (%) 4.7 Jan 2025 monthly Jan 1992 - Jan 2025
Domestic Credit (USD mn) 886,995.9 Jan 2025 monthly Mar 2004 - Jan 2025
Domestic Credit Growth (%) 6.1 Jan 2025 monthly Mar 2005 - Jan 2025
Credit to Households (USD bn) 249.217 Sep 2024 quarterly Mar 1991 - Sep 2024
Credit to Private Non-Financial Sector (USD bn) 929.148 Sep 2024 quarterly Dec 1963 - Sep 2024
Household Debt (USD mn) 278,791.7 Jan 2025 monthly Mar 2004 - Jan 2025
Total Loans (USD mn) 960,210.025 Jan 2025 monthly Mar 2004 - Jan 2025
Total Loans Growth (%) 3.63 Jan 2025 monthly Mar 2005 - Jan 2025
Private Debt: % of Nominal GDP (%) 128.28 Dec 2024 quarterly Mar 2004 - Dec 2024
ORA: Gold Incl Gold Deposits and Gold Swapped (USD mn) 211.70 Jul 2018 monthly Apr 2000 - Jul 2018
ORA: Other Reserve Assets (USD mn) 472.40 Jul 2018 monthly Apr 2000 - Jul 2018
DBU: Loans & Advances: Loans to Businesses (LB) (SGD mn) 403,032.70 May 2018 monthly Mar 2004 - May 2018
DBU: Loans & Advances: Total, Including Bills Financing (SGD mn) 667,892.20 May 2018 monthly Jan 1980 - May 2018
DBU: Loans & Advances: CL: Housing & Bridging Loans (SGD mn) 203,114.90 May 2018 monthly Jan 1991 - May 2018
DBU: Loans & Advances: Consumer Loans (CL) (SGD mn) 264,859.50 May 2018 monthly Mar 2004 - May 2018
DBU: Loans & Advances: LB: Professional & Private Individuals (SGD mn) 10,320.90 May 2018 monthly Jan 1991 - May 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 0.2 Feb 2025 monthly Jan 2000 - Feb 2025
Composite Leading Index: 2015=100 (2015=100) 109.300 Mar 2019 quarterly Mar 1978 - Mar 2019

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