The Urban Redevelopment Authority (URA) released today the real estate statistics for 3rd Quarter 2021.1 

PRIVATE RESIDENTIAL PROPERTIES

Private residential market at a glance:

Prices and Rentals

Prices of private residential properties increased by 1.1% in 3rd Quarter 2021, compared with the 0.8% increase in the previous quarter. 

Property Price Index of private residential properties

Prices of landed properties increased by 2.6% in 3rd Quarter 2021, compared with the 0.3% decrease in the previous quarter. Prices of non-landed properties increased by 0.7% in 3rd Quarter 2021, compared with the 1.1% increase in the previous quarter. 

Prices of non-landed properties in Core Central Region (CCR) decreased by 0.5% in 3rd Quarter 2021, compared with the 1.1% increase in the previous quarter. Prices of non-landed properties in Rest of Central Region (RCR) increased by 2.6%, compared with the 0.1% increase in the previous quarter. Prices of non-landed properties in Outside Central Region (OCR) decreased by 0.1%, compared with the 1.9% increase in the previous quarter (see Annexes A-1, A-2& A-62).

Rentals of private residential properties increased by 1.8% in 3rd Quarter 2021, compared with the 2.9% increase in the previous quarter.