Compare price trend for Singapore real estate

Singapore’s overall price trends are broadly tracked by two key indicators — the URA Property Price Index (for private residential properties) and the HDB Resale Price Index (for public housing). Both are released quarterly and provide insights into the market’s performance over time.

The URA Property Price Index has generally trended upward, reflecting demand for private housing. Meanwhile, the HDB Resale Price Index captures resale transactions across different towns and flat types, also showing growth over the years. As of 1Q2009, it was rebased to 100 for ease of comparison. Property values in certain districts have risen at different rates, with District 5, for example, seeing an approximate 39% increase for new condominium sales prices between 1Q2009 and April 2025. This outstrips the overall islandwide growth of around 30%, indicating some neighbourhoods have performed above the national average.

In essence, both private and HDB price trends have moved upward, although growth can vary by district and property type. Buyers and investors often focus on areas or segments displaying stronger capital appreciation or rental yield, taking note of macroeconomic factors, affordability, and the long-term considerations of leasehold properties.