Economics
Singapore Home Prices on the Rise Again One Year After Curbs
- Private apartment prices gained 1.5% in the second quarter
- Minister Wong said in May cooling measures had desired effect
Residential buildings in Singapore.
Photographer: Ore Huiying/BloombergThis article is for subscribers only.
Private-home prices in Singapore are on the rise again just one year after the government introduced curbs to cool the market.
Dwelling values jumped 1.5% in the three months through June 30, the steepest gain since the second quarter of 2018 and more than the 1.3% in the government’s earlier flash estimate, according to final data from the Urban Redevelopment Authority released Friday.