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by OrangeTee & Tie Pte Ltd.

Q1 private home prices fall 1%, less than initially estimated

URA Quarterly Data

Q1 2020


Singapore, 25 Apr 2020

Private home prices fell 1% in the first quarter of 2020, less than initially estimated. Further drops are expected as Singapore heads into a period of economic uncertainty.

Ms Christine Sun, head of research and consultancy at OrangeTee & Tie, tips that prices could decline by up to 4 per cent over the full year, although that forecast may be revised if the circuit breaker extends beyond June 1. 

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