Singapore Home Prices Jump the Most in Almost Eight Years

Private residential prices rebounded in past three quarters
URA flash estimate data shows index rose 3.1 percent

The Butterfly Block, a Housing & Development Board (HDB) public housing estate, stand in Queenstown estate in Singapore, on Monday, Jan 15, 2018. Singapore sustained a comeback in home sales in December, boosting an annual tally that was already the highest since 2013.Photographer: Ore Huiying/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Andrea Tan

April 2, 2018 at 1:24 AM UTC

Updated on

April 2, 2018 at 9:31 AM UTC

This article is for subscribers only.

Singapore private home prices surged the most since 2010 as the property market staged a recovery from a four-year slump.

An index tracking private residential prices jumped 3.1 percent in the three months ended March 31, according to a flash estimate from the Urban Redevelopment Authority, building on a 0.8 percent gain the previous quarter. That’s the biggest quarter-on-quarter gain since the three months ended June 2010.