Skip to content
Subscriber Only
Markets
Economics

Singapore Home Price Growth Quickens, Stoking Worries of Curbs

  • Private house values jumped 2.9% in the first quarter
  • Rising prices stoking concerns of new cooling measures
Singapore Sees Return to Growth in 2021 on Global Recover
Photographer: Lauryn Ishak/Bloomberg
Updated on

Singapore home prices grew at a faster pace last quarter, stoking concerns that the government could join other nations that are introducing measures to calm the property market.

Private property values increased 2.9% in the three months ended March 31, preliminary figures from the Urban Redevelopment Authority showed Thursday. That’s the biggest gain since the second quarter of 2018.