by OrangeTee & Tie Pte Ltd.

Private residential property prices up 2.2% in 2020

SRX Private Residential Data

SRX Private Residential

SG, 04 Jan 2021

The private residential property market prices rose by 2.2% for the whole of 2020, decelerating only slightly from the 2.7% growth recorded in 2019, data from the Urban Redevelopment Authority (URA) has shown. For the fourth quarter, the private residential property index rose by 3.2 points to 157 points, a 2.1% increase from the 153.8 points in Q3 previously. This was the steepest quarterly increase since Q2, 2018, when prices jumped 3.4% QoQ.

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