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Singapore Property Index Q3 2017
The third quarter of 2017 (Q3 2017) saw the PropertyGuru Property Index (Singapore, Price) recover to 97.1, a 3.2 percent quarter-on-quarter (Q-O-Q) increase from Q2 2017, reflecting more positive seller sentiment, after a steady decline from Q3 2015.
Year-on-year (Y-O-Y), the Index recorded a 1.4 percent increase over the same quarter in 2016. Supply pricing hit its trough in Q1 2017, before beginning to show burgeoning signs of optimism.
Seller pricing in the current property cycle has hit its inflection point in Q1 2017 and has risen steadily since
Property Index (Price)
97
3.2 percent increase quarter on quarter
Property Index (Supply)
175
4.5 percent decrease quarter on quarter