Singapore Property Index Q2 2019

In Q2 2019, the PropertyGuru Property Index - which tracks supply-side pricing and volume of non-landed private residential properties in Singapore – saw a 13 percent rise in the supply index, while concurrently registering a 0.3 percent dip in the pricing index from the previous quarter.

Sales of new mass-market projects rose by 8% in Q2 2019, and this was led by two mega-projects, namely the 2,203-unit Treasure at Tampines and the 1,140-unit The Florence Residences, according to URA data. By definition, mega-projects refer to developments with over 1,000 residential units.

Following the first-year anniversary of the property cooling measures, it appears that many developers are showing eagerness in launching their projects despite initial waning demand in the preceding quarters.

Price Index


Supply Index


Singapore Property Index Q2 2019

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