In Q1 2019, the PropertyGuru Property Index, which tracks housing supply in Singapore fell by over 13 percent from the previous quarter. The slowdown could be attributed to the property cooling measures that were rolled out in July 2018.
Price declines were also observed in the prime districts, where home prices saw the first quarterly dip since Q4 2016 – the peak of the previous round of property cooling measures.
A 9.91% decline in asking prices for luxury properties within the prime districts could signal a start of a trend
Price Index
0.3
Supply Index
13.4
The PropertyGuru Property Index (Price) dropped by 2.9 percent in the last quarter of 2018, marking the first quarterly decline since the new cooling measures took effect in July...
Property Index
While cooling measures in July might have arrested the momentum of the private residential market, prices continue to move upwards...
Property Index
The PropertyGuru Property Index (Singapore, Price) rose by 3.4 percent to 102.6 in Q1 2018 from 99.2 in the previous quarter...
Property Index